MICHAEL OUTZEN RACING ApS

CVR 31062144 · Private limited company (ApS) · Active · Low risk

MICHAEL OUTZEN RACING ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry andre reklameaktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 18 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.6m and a net result of DKK 53k. CEO: Michael Grabowski Outzen.

Bankruptcy risk for MICHAEL OUTZEN RACING ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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
31062144
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
c/o Michael Outzen, Lind Hansens Vej 48
5000 Odense C
Municipality
Odense
Industry
Andre reklameaktiviteter (731190)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 125k
Auditor
DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 18
Missing annual reportNo
Negative equityNo
Equity ratio60.0%
Current ratio124%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 397kDKK 187kDKK 728k
Net profitDKK 53kDKK 50kDKK 270k
EquityDKK 1.6mDKK 1.5mDKK 1.5m
Total assetsDKK 2.6mDKK 2.3mDKK 2.7m
CashDKK 13kDKK 13k–
Short-term debtDKK 996kDKK 752k–
Tax owed–DKK -419–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020196 Late
1 Jan 2019 – 31 Dec 2019182
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017159
1 Jan 2016 – 31 Dec 2016159
1 Jan 2015 – 31 Dec 2015168
1 Jan 2014 – 31 Dec 2014166
1 Jan 2013 – 31 Dec 201397
1 Jan 2012 – 31 Dec 2012165
1 Jan 2011 – 31 Dec 2011177
1 Jan 2010 – 31 Dec 2010172
1 Jan 2009 – 31 Dec 2009174
16 Nov 2007 – 31 Dec 2008155

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
CEOMichael Grabowski OutzenCurrent
BoardMads Lindkær Brylle
BoardThorsten Hansen
BoardTorben Jensen
Owner (100%)Michael Grabowski OutzenCurrent
AuditorDANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKABCurrent
FounderT. JENSEN INVEST ApSCurrent
FounderM&B - Private Office ApSCurrent
FounderTHORSTEN HANSEN INVEST ApSCurrent

Address history (3 moves)

c/o Michael Outzen, Lind Hansens Vej 48, 5000 Odense C
c/o Michael Outzen, Brogade 8B, st., 5000 Odense C
Jernbanegade 12, 5750 Ringe
Gammelsø 4, 5000 Odense C

Former names

MICHAEL OUTZEN RACING ApS – now
TTM II ApS –

Similar companies in Odense

Questions and answers about MICHAEL OUTZEN RACING ApS

Has MICHAEL OUTZEN RACING ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL OUTZEN RACING ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MICHAEL OUTZEN RACING ApS?

Michael Grabowski Outzen is the CEO of MICHAEL OUTZEN RACING ApS.

Who is the auditor of MICHAEL OUTZEN RACING ApS?

MICHAEL OUTZEN RACING ApS most recently used DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB.

When was MICHAEL OUTZEN RACING ApS founded?

MICHAEL OUTZEN RACING ApS was founded on 16 November 2007.

What is the equity of MICHAEL OUTZEN RACING ApS?

Equity was DKK 1.6m 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.