MASSIMO HOLDING ApS

CVR 30701984 · Private limited company (ApS) · Active · Low risk

MASSIMO HOLDING ApS is a Private limited company (ApS), founded on , based in Ebeltoft. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 18 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 34.7m and a net result of DKK -1.3m. CEO: Mads Frandsen.

Bankruptcy risk for MASSIMO HOLDING ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
30701984
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
c/o Mads Frandsen, Egsmark Høje 44
8400 Ebeltoft
Municipality
Syddjurs
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
MBA STATSAUTORISERET REVISIONSANPARTSSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 18
Missing annual reportNo
Negative equityNo
Equity ratio99.9%
Current ratio175,794%
Moves (last 2 years)2
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -2.1mDKK 221kDKK 33k
Net profitDKK -1.3mDKK 2.0mDKK 5.5m
EquityDKK 34.7mDKK 37.0mDKK 37.0m
Total assetsDKK 34.7mDKK 41.6mDKK 43.1m
CashDKK 948kDKK 732k–
Short-term debtDKK 20kDKK 423k–
Tax owed–DKK 0–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · MBA STATSAUTORISERET REVISIONSANPARTSSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 202159
1 Jan 2020 – 31 Dec 202076
1 Jan 2019 – 31 Dec 2019236 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017121
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 2015155
1 Jan 2014 – 31 Dec 2014127
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012117
1 Jan 2011 – 31 Dec 2011131
1 Jan 2010 – 31 Dec 201066
1 Jan 2009 – 31 Dec 200989
2 Jul 2007 – 31 Dec 200891

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOMads FrandsenCurrent
CEOJørgen Herman Melchior
BoardMads FrandsenCurrent
BoardPeter Andreas Stakemann
BoardJytte Frandsen
BoardMads Frandsen
Owner (100%)Mads FrandsenCurrent
AuditorMBA STATSAUTORISERET REVISIONSANPARTSSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorREVISIONSFIRMAET VILLY PEDERSEN I/S
FounderApS KBUS 38 nr.3117Current

The CEOs' other companies

Mads Frandsen – 7 other companies, of which 1 bankrupt

Jørgen Herman Melchior – 60 other companies, of which 60 bankrupt

Address history (10 moves)

c/o Mads Frandsen, Egsmark Høje 44, 8400 Ebeltoft
c/o Mads Frandsen, Skovmærkevej 20, 1. mf, 8240 Risskov
c/o Mads Frandsen, Store Kongensgade 110H, st., 1264 København K
c/o Mads Frandsen, Blokken 79, 3460 Birkerød
c/o Mads Frandsen, Galionsvej 5, 2. 22, 1437 København K
c/o Mads Frandsen, Store Kongensgade 110H, st., 1264 København K
Store Kongensgade 110H, st. tv, 1264 København K
Galionsvej 1A, st., 1437 København K
Galionsvej 3, 2. 6, 1437 København K
Mørdrupvej 69, 3060 Espergærde
Kronprinsessegade 18, 1306 København K

Former names

MASSIMO HOLDING ApS – now
ApS KBIL 17 NR. 2479 –

Similar companies in Syddjurs

Questions and answers about MASSIMO HOLDING ApS

Has MASSIMO HOLDING ApS gone bankrupt?

No, MASSIMO HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MASSIMO HOLDING ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of MASSIMO HOLDING ApS?

Mads Frandsen is the CEO of MASSIMO HOLDING ApS.

Who is the auditor of MASSIMO HOLDING ApS?

MASSIMO HOLDING ApS most recently used MBA STATSAUTORISERET REVISIONSANPARTSSELSKAB.

When was MASSIMO HOLDING ApS founded?

MASSIMO HOLDING ApS was founded on 2 July 2007.

What is the equity of MASSIMO HOLDING ApS?

Equity was DKK 34.7m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.