MIDTVEST ISOLERING ApS

CVR 30706803 · Private limited company (ApS) · Active · Very high risk

MIDTVEST ISOLERING ApS is a Private limited company (ApS), founded on , based in Sørvad. The company is registered in the industry installation af isolering. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 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 -261k and a net result of DKK -241k. CEO: Kenneth Boysen.

Bankruptcy risk for MIDTVEST ISOLERING ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
30706803
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Vildbjergvej 3
7550 Sørvad
Municipality
Herning
Industry
Installation af isolering (432300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
0 (2016)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 18
Missing annual reportNo
Negative equityYes
Equity ratio-55.9%
Current ratio64%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 392kDKK 76kDKK 1.5m
Net profitDKK -241kDKK -323kDKK 634k
EquityDKK -261kDKK -20kDKK 904k
Total assetsDKK 467kDKK 355kDKK 1.6m
CashDKK 258kDKK 213k–
Short-term debtDKK 727kDKK 374k–
Tax owed–DKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022182
1 Jan 2021 – 31 Dec 2021164
1 Jan 2020 – 31 Dec 2020169
1 Jan 2019 – 31 Dec 2019240 Late
1 Jan 2018 – 31 Dec 2018135
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 2016165
1 Jan 2015 – 31 Dec 2015167
1 Jan 2014 – 31 Dec 2014160
1 Jan 2013 – 31 Dec 2013169
1 Jan 2012 – 31 Dec 2012165
1 Jan 2011 – 31 Dec 2011170
1 Jan 2010 – 31 Dec 2010137
1 Jan 2009 – 31 Dec 200941
1 Jul 2007 – 31 Dec 2008104

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
CEOKenneth BoysenCurrent
CEOVictor Christoffersen
CEOPeter Højbjerg Petersen
Owner (100%)K. BOYSEN HOLDING ApSCurrent
AuditorBAAGØE SCHOU STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorSelskabet af den 4. juli 2016 RVT ApS
AuditorDatoselskabet af den 3. juli 2016 RVT P/S
FounderVICTOR CHRISTOFFERSEN ApSCurrent

The CEOs' other companies

Victor Christoffersen – 45 other companies, of which 45 bankrupt

Peter Højbjerg Petersen – 1 other companies

Address history (3 moves)

Vildbjergvej 3, 7550 Sørvad
Vildbjergvej 3, 7550 Sørvad
Bülowsvej 15, 7500 Holstebro
c/o Advokat Victor Christoffersen, Rosenborggade 3, 3., 1130 København K

Former names

MIDTVEST ISOLERING ApS – now
PK ISOLERING ApS –
VICH 9748 ApS –

Employees per year

Number of employees at MIDTVEST ISOLERING ApS per year122013: 120132014: 220142015: 120152016: 02016

Other companies at the same address

Similar companies in Herning

Questions and answers about MIDTVEST ISOLERING ApS

Has MIDTVEST ISOLERING ApS gone bankrupt?

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

What is the bankruptcy risk of MIDTVEST ISOLERING ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of MIDTVEST ISOLERING ApS?

Kenneth Boysen is the CEO of MIDTVEST ISOLERING ApS.

Who is the auditor of MIDTVEST ISOLERING ApS?

MIDTVEST ISOLERING ApS most recently used Beierholm.

When was MIDTVEST ISOLERING ApS founded?

MIDTVEST ISOLERING ApS was founded on 1 July 2007.

What is the equity of MIDTVEST ISOLERING ApS?

Equity was DKK -261k 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.