MICHAEL KROGH HOLDING, VARDE ApS
CVR 32079601 · Private limited company (ApS) · Active · Low risk
MICHAEL KROGH HOLDING, VARDE ApS is a Private limited company (ApS), founded on , based in Varde. 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 0.1 times the average for Danish companies. 17 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.3m and a net result of DKK 49k. CEO: Jannie Jørgensen.
Bankruptcy risk for MICHAEL KROGH HOLDING, VARDE ApS
0.1 × the average (1.41%) · higher risk than 38% 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
- 32079601
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (17 years)
- Address
- Toftegårdsvej 21
6800 Varde - Municipality
- Varde
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 125k
- Auditor
- Revisionsfirmaet KRH ApS
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 2 of 17 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 72.0% |
| Current ratio | 116% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -5,650 | DKK -5,250 |
| Net profit | DKK 49k | DKK 69k |
| Equity | DKK 1.3m | DKK 1.2m |
| Total assets | DKK 1.8m | DKK 2.2m |
| Cash | DKK 11k | – |
| Short-term debt | DKK 501k | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet KRH ApS.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 166 | ||
| 1 Jan 2024 – 31 Dec 2024 | 38 | ||
| 1 Jan 2023 – 31 Dec 2023 | 186 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 179 | ||
| 1 Jan 2021 – 31 Dec 2021 | 167 | ||
| 1 Jan 2020 – 31 Dec 2020 | 62 | ||
| 1 Jan 2019 – 31 Dec 2019 | 65 | ||
| 1 Jan 2018 – 31 Dec 2018 | 109 | ||
| 1 Jan 2017 – 31 Dec 2017 | 122 | ||
| 1 Jan 2016 – 31 Dec 2016 | 43 | ||
| 1 Jan 2015 – 31 Dec 2015 | 42 | ||
| 1 Jan 2014 – 31 Dec 2014 | 155 | ||
| 1 Jan 2013 – 31 Dec 2013 | 161 | ||
| 1 Jan 2012 – 31 Dec 2012 | 135 | ||
| 1 Jan 2011 – 31 Dec 2011 | 150 | ||
| 1 Jan 2010 – 31 Dec 2010 | 192 | Late | |
| 1 Mar 2009 – 31 Dec 2009 | 116 |
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 | Jannie Jørgensen | Current | |
| CEO | Michael Krogh Jørgensen | ||
| Owner (100%) | Jannie Jørgensen | Current | |
| Auditor | MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | REVISIONSFIRMAET KRH V/KELD HANSEN | ||
| Founder | Michael Krogh Jørgensen | Current |
The CEOs' other companies
Jannie Jørgensen – 3 other companies
- JB af 31/5 2024 ApS Opløst
- MKJ VARDE ApS Active
- UDLEJNINGSEJENDOMMEN MØBELVEJ 17 ApS Active
Michael Krogh Jørgensen – 2 other companies
- MKJ VARDE ApS Active
- UDLEJNINGSEJENDOMMEN MØBELVEJ 17 ApS Active
Address history (1 moves)
| Toftegårdsvej 21, 6800 Varde | |
| Møbelvej 2, 6800 Varde |
Other companies at the same address
- JB af 31/5 2024 ApS Opløst
- MKJ VARDE ApS Active
- UDLEJNINGSEJENDOMMEN MØBELVEJ 17 ApS Active
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Questions and answers about MICHAEL KROGH HOLDING, VARDE ApS
Has MICHAEL KROGH HOLDING, VARDE ApS gone bankrupt?
No, MICHAEL KROGH HOLDING, VARDE ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of MICHAEL KROGH HOLDING, VARDE ApS?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.
Who is the CEO of MICHAEL KROGH HOLDING, VARDE ApS?
Jannie Jørgensen is the CEO of MICHAEL KROGH HOLDING, VARDE ApS.
Who is the auditor of MICHAEL KROGH HOLDING, VARDE ApS?
MICHAEL KROGH HOLDING, VARDE ApS most recently used Revisionsfirmaet KRH ApS.
When was MICHAEL KROGH HOLDING, VARDE ApS founded?
MICHAEL KROGH HOLDING, VARDE ApS was founded on 1 March 2009.
What is the equity of MICHAEL KROGH HOLDING, VARDE ApS?
Equity was DKK 1.3m 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.