MICHAEL FRANDSEN HOLDING ApS

CVR 31053951 · Private limited company (ApS) · Active · Low risk

MICHAEL FRANDSEN HOLDING ApS is a Private limited company (ApS), founded on , based in Næstved. The company is registered in the industry drift af dagspa, saunaer og dampbade. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 17 annual reports have been published. The latest annual report (30 Apr 2025) shows equity of DKK 23.2m and a net result of DKK 6.2m.

Bankruptcy risk for MICHAEL FRANDSEN HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
31053951
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Lunavej 6
4700 Næstved
Municipality
Næstved
Industry
Drift af dagspa, saunaer og dampbade (962300)
Bankruptcies in the industry: Frisørsaloner
Share capital
DKK 125k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio78.8%
Current ratio291%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 715kDKK 689k
Net profitDKK 6.2mDKK 9.3m
EquityDKK 23.2mDKK 17.1m
Total assetsDKK 29.5mDKK 24.2m
CashDKK 2.7m–
Short-term debtDKK 2.0m–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025181
1 May 2023 – 30 Apr 2024121
1 May 2022 – 30 Apr 202368
1 May 2021 – 30 Apr 202272
1 May 2020 – 30 Apr 202175
1 May 2019 – 30 Apr 202070
1 May 2018 – 30 Apr 201969
1 May 2017 – 30 Apr 2018151
1 May 2016 – 30 Apr 2017152
1 May 2015 – 30 Apr 2016159 Restated
1 May 2014 – 30 Apr 2015155
1 May 2013 – 30 Apr 2014162
1 May 2012 – 30 Apr 2013157
1 May 2011 – 30 Apr 2012150
1 May 2010 – 30 Apr 201147
1 May 2009 – 30 Apr 2010152
1 Nov 2007 – 30 Apr 2009166

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
Owner (100%)Michael Hartmann FrandsenCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorIGM REVISION V/IBEN GREEN MADSEN
AuditorKONTORFÆLLESSKABET REVISION NÆSTVED I/S
AuditorHARTMANN WENNICKE A/S
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMulti Revision I/S
FounderMichael Hartmann FrandsenCurrent

Address history (4 moves)

Lunavej 6, 4700 Næstved
Tømrervænget 6, 4700 Næstved
Valnæsvej 3, 4700 Næstved
Mejerivej 15, 4700 Næstved
Meteorvej 13, 4700 Næstved

Former names

MICHAEL FRANDSEN HOLDING ApS – now
M. FRANDSEN HOLDING ApS UNDER STIFTELSE –

Other companies at the same address

Similar companies in Næstved

Questions and answers about MICHAEL FRANDSEN HOLDING ApS

Has MICHAEL FRANDSEN HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL FRANDSEN HOLDING ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of MICHAEL FRANDSEN HOLDING ApS?

MICHAEL FRANDSEN HOLDING ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was MICHAEL FRANDSEN HOLDING ApS founded?

MICHAEL FRANDSEN HOLDING ApS was founded on 1 November 2007.

What is the equity of MICHAEL FRANDSEN HOLDING ApS?

Equity was DKK 23.2m according to the annual report for the period ending 30 April 2025.

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