MTG GROUP ApS

CVR 32078265 · Private limited company (ApS) · Active · Very high risk

MTG GROUP ApS is a Private limited company (ApS), founded on , based in Jelling. The company is registered in the industry anden specialiseret engroshandel i.a.n.. Our model estimates a bankruptcy risk of 10.9% over the next 12 months, which is 7.7 times the average for Danish companies. 16 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -4.4m and a net result of DKK -188k. CEO: Thomas Christian Ahlmann-Liisberg.

Bankruptcy risk for MTG GROUP ApS

10.9%
probability of bankruptcy within 12 months
Very high risk

7.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO changes1 · bankruptcy rate 11.4%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
32078265
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Grønnegade 2
7300 Jelling
Municipality
Vejle
Industry
Anden specialiseret engroshandel i.a.n. (468900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
2 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 16
Missing annual reportNo
Negative equityYes
Equity ratio-441,404,800.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -25kDKK -43k
Net profitDKK -188kDKK -3.6m
EquityDKK -4.4mDKK -4.2m
Total assetsDKK 1DKK 1
Short-term debtDKK 4.4m–
Avg. employees1–

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 – 30 Jun 2025191 Late
1 Jul 2023 – 30 Jun 2024204 Late
1 Jul 2022 – 30 Jun 2023206 Late
1 Jul 2021 – 30 Jun 2022209 Late
1 Jul 2020 – 30 Jun 2021159
1 Jul 2019 – 30 Jun 2020168
1 Jul 2018 – 30 Jun 2019166
1 Jul 2017 – 30 Jun 2018163
1 Jul 2016 – 30 Jun 2017139
1 Jul 2015 – 30 Jun 2016165
1 Jul 2014 – 30 Jun 2015164
1 Jul 2013 – 30 Jun 2014157
1 Jul 2012 – 30 Jun 2013159
1 Jul 2011 – 30 Jun 2012165
1 Jul 2010 – 30 Jun 2011172
11 Mar 2009 – 30 Jun 2010174

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
CEOThomas Christian Ahlmann-LiisbergCurrent
CEOKim Fairey Christensen
Owner (100%)TT Investment ApSCurrent
Owner (67%)BRAND PRODUCTION ApS
Owner (25%)MTG GROUP ApS
Owner (100%)BRAND PRODUCTION ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderBRAND PRODUCTION ApSCurrent
FounderDICKS HOLDING ApSCurrent

The CEOs' other companies

Thomas Christian Ahlmann-Liisberg – 7 other companies, of which 2 bankrupt

Kim Fairey Christensen – 4 other companies, of which 1 bankrupt

Address history (7 moves)

Grønnegade 2, 7300 Jelling
Mosevang 9, 7300 Jelling
Porschevej 12, 7100 Vejle
Hjulmagervej 4A, 7100 Vejle
c/o Thomas Liisberg, Stormosevej 31, 8361 Hasselager
c/o Thomas Liisberg, Søren Frichs Vej 42F, 1., 8230 Åbyhøj
Balticagade 12, 8000 Aarhus C
Balticagade 10, 8000 Aarhus C

Employees per year

Number of employees at MTG GROUP ApS per year232011: 020112012: 120122013: 020132014: 120142015: 120152016: 120162017: 320172018: 22018

Other companies at the same address

Similar companies in Vejle

Questions and answers about MTG GROUP ApS

Has MTG GROUP ApS gone bankrupt?

No, MTG GROUP ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MTG GROUP ApS?

Our model estimates a bankruptcy risk of 10.9% over the next 12 months (very high risk), which is 7.7 times the average for Danish companies.

Who is the CEO of MTG GROUP ApS?

Thomas Christian Ahlmann-Liisberg is the CEO of MTG GROUP ApS.

Who is the auditor of MTG GROUP ApS?

MTG GROUP ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MTG GROUP ApS founded?

MTG GROUP ApS was founded on 11 March 2009.

What is the equity of MTG GROUP ApS?

Equity was DKK -4.4m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.