MICHAEL G. PROPERTIES ApS

CVR 31883679 · Private limited company (ApS) · Active · Low risk

MICHAEL G. PROPERTIES ApS is a Private limited company (ApS), founded on , based in Engesvang. The company is registered in the industry udlejning af erhvervsejendomme. 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 (31 Dec 2025) shows equity of DKK 98.6m and a net result of DKK 27.1m. CEO: Michael John Grosbøl.

Bankruptcy risk for MICHAEL G. PROPERTIES ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×

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
31883679
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Silkeborgvej 14
7442 Engesvang
Municipality
Ikast-Brande
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 125k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio17.6%
Current ratio1%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 45.1mDKK 41.5mDKK 35.7m
Net profitDKK 27.1mDKK 17.5mDKK 12.0m
EquityDKK 98.6mDKK 71.5mDKK 54.0m
Total assetsDKK 560.3mDKK 544.0mDKK 465.0m
Short-term debtDKK 111.9mDKK 132.0m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202589
1 Jan 2024 – 31 Dec 2024104
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202294
1 Jan 2021 – 31 Dec 2021109
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019155
1 Jan 2018 – 31 Dec 2018101
1 Jan 2017 – 31 Dec 2017114
1 Jan 2016 – 31 Dec 2016116
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014104
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011161
1 Jan 2010 – 31 Dec 2010153
15 Dec 2008 – 31 Dec 2009153

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 John GrosbølCurrent
Owner (100%)MICHAEL G. HOLDING ApSCurrent
Owner (100%)Michael John Grosbøl
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMICHAEL G. HOLDING ApSCurrent

The CEOs' other companies

Michael John Grosbøl – 5 other companies

Address history (2 moves)

Silkeborgvej 14, 7442 Engesvang
Julsøvej 100, 8600 Silkeborg
c/o Michael John Grosbøl, Broagervej 7, 8600 Silkeborg

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about MICHAEL G. PROPERTIES ApS

Has MICHAEL G. PROPERTIES ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL G. PROPERTIES 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 MICHAEL G. PROPERTIES ApS?

Michael John Grosbøl is the CEO of MICHAEL G. PROPERTIES ApS.

Who is the auditor of MICHAEL G. PROPERTIES ApS?

MICHAEL G. PROPERTIES ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was MICHAEL G. PROPERTIES ApS founded?

MICHAEL G. PROPERTIES ApS was founded on 15 December 2008.

What is the equity of MICHAEL G. PROPERTIES ApS?

Equity was DKK 98.6m 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.