M. CASSØE HOLDING ApS

CVR 31418674 · Private limited company (ApS) · Active · Low risk

M. CASSØE HOLDING ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 83.5m and a net result of DKK 2.3m. CEO: Michael Cassøe.

Bankruptcy risk for M. CASSØE HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×

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
31418674
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Spinkebjerg 22
7400 Herning
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityNo
Equity ratio99.4%
Current ratio12,688%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -148kDKK -197k
Net profitDKK 2.3mDKK 6.0m
EquityDKK 83.5mDKK 83.2m
Total assetsDKK 84.0mDKK 83.4m
CashDKK 7.1m–
Short-term debtDKK 520k–
Tax owedDKK 446k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202543
1 Jan 2024 – 31 Dec 202493
1 Jan 2023 – 31 Dec 202339
1 Jan 2022 – 31 Dec 202254
1 Jan 2021 – 31 Dec 202170
1 Jan 2020 – 31 Dec 202048
1 Jan 2019 – 31 Dec 201934
1 Jan 2018 – 31 Dec 201837
1 Jan 2017 – 31 Dec 201736
1 Jan 2016 – 31 Dec 201640
1 Jan 2015 – 31 Dec 201556
1 Jan 2014 – 31 Dec 201458
1 Jan 2013 – 31 Dec 201363
1 Jan 2012 – 31 Dec 201270
1 Jan 2011 – 31 Dec 201168
1 Jan 2010 – 31 Dec 201068
1 Jan 2009 – 31 Dec 200975
24 Apr 2008 – 31 Dec 2008166

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 CassøeCurrent
Owner (50%)Michael CassøeCurrent
Owner (33%)Camilla CassøeCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderMichael CassøeCurrent

The CEOs' other companies

Michael Cassøe – 17 other companies

Address history (1 moves)

Spinkebjerg 22, 7400 Herning
Ravnsbjergvej 30, 7400 Herning

Other companies at the same address

Similar companies in Herning

Questions and answers about M. CASSØE HOLDING ApS

Has M. CASSØE HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of M. CASSØE 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 CEO of M. CASSØE HOLDING ApS?

Michael Cassøe is the CEO of M. CASSØE HOLDING ApS.

Who is the auditor of M. CASSØE HOLDING ApS?

M. CASSØE HOLDING ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was M. CASSØE HOLDING ApS founded?

M. CASSØE HOLDING ApS was founded on 24 April 2008.

What is the equity of M. CASSØE HOLDING ApS?

Equity was DKK 83.5m 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.