MWH HOLDING ApS
CVR 31778565 · Private limited company (ApS) · Active · Low risk
MWH HOLDING ApS is a Private limited company (ApS), founded on , based in Skive. The company is registered in the industry finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 17 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 777k and a net result of DKK -14k. CEO: Michael Walter Heltzen.
Bankruptcy risk for MWH HOLDING ApS
0.2 × the average (1.41%) · higher risk than 49% of active Danish companies
Increases the risk
Reduces the risk
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
- 31778565
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (18 years)
- Address
- c/o Michael Heltzen, Gl. Skolevej 5
7800 Skive - Municipality
- Skive
- Industry
- Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 125k
- Auditor
- RSM Danmark, Statsautoriseret Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 4 of 17 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 73.1% |
| Current ratio | 332% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 6 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -12k | DKK -12k | DKK -214k |
| Net profit | DKK -14k | DKK -14k | DKK -312k |
| Equity | DKK 777k | DKK 791k | DKK 805k |
| Total assets | DKK 1.1m | DKK 1.1m | DKK 1.1m |
| Cash | DKK 33k | DKK 37k | – |
| Short-term debt | DKK 286k | DKK 270k | – |
| Avg. employees | 0 | – | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 191 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 164 | ||
| 1 Jan 2023 – 31 Dec 2023 | 181 | ||
| 1 Jan 2022 – 31 Dec 2022 | 177 | ||
| 1 Jan 2021 – 31 Dec 2021 | 189 | Late | |
| 1 Jan 2020 – 31 Dec 2020 | 195 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 239 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 67 | ||
| 1 Jan 2017 – 31 Dec 2017 | 171 | ||
| 1 Jan 2016 – 31 Dec 2016 | 170 | ||
| 1 Jan 2015 – 31 Dec 2015 | 176 | ||
| 1 Jan 2014 – 31 Dec 2014 | 169 | ||
| 1 Jan 2013 – 31 Dec 2013 | 168 | ||
| 1 Jan 2012 – 31 Dec 2012 | 170 | ||
| 1 Jan 2011 – 31 Dec 2011 | 172 | ||
| 1 Jan 2010 – 31 Dec 2010 | 149 | ||
| 10 Oct 2008 – 31 Dec 2009 | 159 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Michael Walter Heltzen | Current | |
| CEO | Mads Vestergaard Ginnerup | ||
| Owner (100%) | Michael Walter Heltzen | Current | |
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | Michael Walter Heltzen | Current |
The CEOs' other companies
Michael Walter Heltzen – 6 other companies
- CALIFORNIA HOLDING ApS Active
- HEGI HOLDING ApS Fusioneret
- Reron-Fibertech A/S Active
- SAFETICKET A/S Active
- SEQMARKET HOLDING ApS Opløst
- Virtual Reality Model ApS Active
Mads Vestergaard Ginnerup – 12 other companies
- BMP Invest ApS Active
- BiomassProtein ApS Active
- BiomassProtein Research Aps. Fusioneret
- EX Invest ApS Active
- EXCELLENT-HUSE ApS Active
- Flexanex ApS Active
- GINNERUP A/S Active
- Ginnerup MH I ApS Active
- Ginnerup MH II ApS Active
- MVG HOLDING ApS Active
- NYSGH HOLDING ApS Opløst
- STEEN GINNERUP HOLDING ApS Active
Address history (2 moves)
| c/o Michael Heltzen, Gl. Skolevej 5, 7800 Skive | |
| c/o Michael Heltzen, Sønder Allé 12, 3. tv, 8000 Aarhus C | |
| Willemoesgade 16, 3. th, 8200 Aarhus N |
Other companies at the same address
- CALIFORNIA HOLDING ApS Active
- Genomics Investment Syndicate III ApS Active
- HEGI HOLDING ApS Fusioneret
- PS HELTZEN HOLDING ApS Active
- SEQMARKET HOLDING ApS Opløst
- Virtual Reality Model ApS Active
Similar companies in Skive
- Ernst Jensen Skive Holding ApS Skive
- Funder Holding ApS Skive
- RHP Holding Roslev ApS Roslev
- G Hyldgaard Holding ApS Spøttrup
- CL Holding 2018 ApS Skive
- 2J Invest ApS Spøttrup
- C. Laigaard Invest ApS Roslev
- Tonni Jeppesen Holding ApS Skive
- M. Viborg Holding ApS Højslev
- JOHAN PRIMDAHL GODSK HOLDING ApS Spøttrup
- ADVOKAT T.H. HOLDING ApS Roslev
- STENGER & IBSEN CONSTRUCTION HOLDING A/S Spøttrup
Questions and answers about MWH HOLDING ApS
Has MWH HOLDING ApS gone bankrupt?
No, MWH HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of MWH HOLDING ApS?
Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.
Who is the CEO of MWH HOLDING ApS?
Michael Walter Heltzen is the CEO of MWH HOLDING ApS.
Who is the auditor of MWH HOLDING ApS?
MWH HOLDING ApS most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.
When was MWH HOLDING ApS founded?
MWH HOLDING ApS was founded on 10 October 2008.
What is the equity of MWH HOLDING ApS?
Equity was DKK 777k 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.