MICHAEL VEJVAD HOLDING ApS

CVR 31421403 · Private limited company (ApS) · Active · Low risk

MICHAEL VEJVAD 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 0.1% 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 (31 Dec 2025) shows equity of DKK 10.1m and a net result of DKK 49k. CEO: Michael Meedom Vejvad.

Bankruptcy risk for MICHAEL VEJVAD HOLDING 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

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
31421403
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Grøndahlsvej 25, 6. 1
7400 Herning
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 150k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio72.4%
Current ratio125%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 0DKK 0DKK 0
Net profitDKK 49kDKK 16kDKK 358k
EquityDKK 10.1mDKK 3.1mDKK 3.1m
Total assetsDKK 14.0mDKK 3.7mDKK 4.2m
CashDKK 24kDKK 362k–
Short-term debtDKK 3.9mDKK 628k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 31 Dec 2025120
1 Jul 2023 – 30 Jun 2024127
1 Jul 2022 – 30 Jun 2023108
1 Jul 2021 – 30 Jun 202290
1 Jul 2020 – 30 Jun 202175
1 Jul 2019 – 30 Jun 202056
1 Jul 2018 – 30 Jun 2019127
1 Jul 2017 – 30 Jun 201881
1 Jul 2016 – 30 Jun 201769
1 Jul 2015 – 30 Jun 201674
1 Jul 2014 – 30 Jun 2015153
1 Jul 2013 – 30 Jun 2014144
1 Jul 2012 – 30 Jun 2013152
1 Jul 2011 – 30 Jun 2012167
1 Jul 2010 – 30 Jun 2011167
1 Jul 2009 – 30 Jun 2010167
5 May 2008 – 30 Jun 2009168

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 Meedom VejvadCurrent
CEOThomas Bülow Hvolgaard
Owner (100%)Michael Meedom VejvadCurrent
AuditorCHRISTENSEN & PEDERSEN, HERNING A/S
AuditorBent Christensen
AuditorAKTIESELSKABET AF 10. AUGUST 1998
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
FounderThomas Bülow HvolgaardCurrent

The CEOs' other companies

Michael Meedom Vejvad – 8 other companies

Thomas Bülow Hvolgaard – 1 other companies

Address history (2 moves)

Grøndahlsvej 25, 6. 1, 7400 Herning
Engbjerg 42E, 7400 Herning
Bjødstrupvej 45, 7400 Herning

Former names

MICHAEL VEJVAD HOLDING ApS – now
T. HVOLGAARD HOLDING ApS –

Other companies at the same address

Similar companies in Herning

Questions and answers about MICHAEL VEJVAD HOLDING ApS

Has MICHAEL VEJVAD HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL VEJVAD HOLDING 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 VEJVAD HOLDING ApS?

Michael Meedom Vejvad is the CEO of MICHAEL VEJVAD HOLDING ApS.

Who is the auditor of MICHAEL VEJVAD HOLDING ApS?

MICHAEL VEJVAD HOLDING ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MICHAEL VEJVAD HOLDING ApS founded?

MICHAEL VEJVAD HOLDING ApS was founded on 5 May 2008.

What is the equity of MICHAEL VEJVAD HOLDING ApS?

Equity was DKK 10.1m 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.