MG5 ApS

CVR 32306411 · Private limited company (ApS) · Active · High risk

MG5 ApS is a Private limited company (ApS), founded on , based in Dybvad. The company is registered in the industry anden udlejning af boliger. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 13 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -118k and a net result of DKK -38k.

Bankruptcy risk for MG5 ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Registered owners3 · bankruptcy rate 6.2%0.71×

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
32306411
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o Hans Mikkelsen, Skævevej 175
9352 Dybvad
Municipality
Frederikshavn
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 80k
Employees
0 (2013)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 13
Missing annual reportNo
Negative equityYes
Equity ratio-16.3%
Current ratio29%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -20kDKK 64kDKK 21k
Net profitDKK -38kDKK 57kDKK 15k
EquityDKK -118kDKK -50kDKK -107k
Total assetsDKK 723kDKK 792kDKK 696k
CashDKK 54kDKK 62k–
Short-term debtDKK 841kDKK 842k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025185 Late
1 Oct 2023 – 30 Sep 2024112
1 Oct 2022 – 30 Sep 2023150
1 Oct 2021 – 30 Sep 2022139
1 Oct 2020 – 30 Sep 2021148
1 Oct 2019 – 30 Sep 2020145
1 Oct 2018 – 30 Sep 2019166
1 Oct 2017 – 30 Sep 2018148
1 Oct 2016 – 30 Sep 2017157
1 Oct 2015 – 30 Sep 2016182
1 Oct 2014 – 30 Sep 2015155
1 Oct 2013 – 30 Sep 2014163
18 Apr 2012 – 30 Sep 2013165

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
CEOBirte Grane Mikkelsen
CEOHans Mikkelsen
Owner (33%)Thomas Grane MikkelsenCurrent
Owner (33%)Christian Grane MikkelsenCurrent
Owner (33%)Christina Grane MikkelsenCurrent
Owner (33%)Christina Grane Mikkelsen
FounderBirte Grane MikkelsenCurrent

The CEOs' other companies

Hans Mikkelsen – 5 other companies, of which 2 bankrupt

Address history (3 moves)

c/o Hans Mikkelsen, Skævevej 175, 9352 Dybvad
c/o Hans Mikkelsen, Brøndenvej 114, 9352 Dybvad
c/o Hans Mikkelsen, Markusvej 5, 9352 Dybvad
Fredstedvej 3, 6040 Egtved

Employees per year

Number of employees at MG5 ApS per year112012: 020122013: 02013

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Questions and answers about MG5 ApS

Has MG5 ApS gone bankrupt?

No, MG5 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MG5 ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

When was MG5 ApS founded?

MG5 ApS was founded on 18 April 2012.

What is the equity of MG5 ApS?

Equity was DKK -118k according to the annual report for the period ending 30 September 2025.

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