MICHAEL MADSEN HOLDING 2011 ApS

CVR 32323065 · Private limited company (ApS) · Active · Low risk

MICHAEL MADSEN HOLDING 2011 ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry ikke-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. 16 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 15.5m and a net result of DKK 1.9m. CEO: Michael Frørup Madsen.

Bankruptcy risk for MICHAEL MADSEN HOLDING 2011 ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · 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×

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
32323065
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
c/o Michael Frørup Madsen, Irma Pedersens Gade 15, 10. 3
8000 Aarhus C
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 140k
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 16
Missing annual reportNo
Negative equityNo
Equity ratio87.0%
Current ratio413%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address26
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -120kDKK -59kDKK -40k
Net profitDKK 1.9mDKK 1.3mDKK 2.9m
EquityDKK 15.5mDKK 16.3mDKK 18.0m
Total assetsDKK 17.8mDKK 16.5mDKK 18.2m
CashDKK 66kDKK 380k–
Short-term debtDKK 2.3mDKK 120k–
Tax owedDKK 60kDKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020146
1 Jan 2019 – 31 Dec 2019192 Late
1 Jan 2018 – 31 Dec 2018143
1 Jan 2017 – 31 Dec 2017135
1 Jan 2016 – 31 Dec 2016139
1 Jan 2015 – 31 Dec 2015147
1 Jan 2014 – 31 Dec 201498
1 Jan 2013 – 31 Dec 201386
1 Jan 2012 – 31 Dec 2012101
1 Jan 2011 – 31 Dec 2011161
9 Sep 2010 – 31 Dec 2010150

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 Frørup MadsenCurrent
Owner (100%)Michael Frørup MadsenCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorPoul Bak Revisionsfirma I/S Statsautoriserede revisorer
AuditorRGD REVISIONSPARTNERSELSKAB

The CEOs' other companies

Michael Frørup Madsen – 7 other companies

Address history (2 moves)

c/o Michael Frørup Madsen, Irma Pedersens Gade 15, 10. 3, 8000 Aarhus C
c/o Michael Frørup Madsen, Irma Pedersens Gade 15, 10. 3, 8000 Aarhus C
c/o Michael Frørup Madsen, Borum Byvej 4, 8471 Sabro

Other companies at the same address

Similar companies in Aarhus

Questions and answers about MICHAEL MADSEN HOLDING 2011 ApS

Has MICHAEL MADSEN HOLDING 2011 ApS gone bankrupt?

No, MICHAEL MADSEN HOLDING 2011 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MICHAEL MADSEN HOLDING 2011 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 MICHAEL MADSEN HOLDING 2011 ApS?

Michael Frørup Madsen is the CEO of MICHAEL MADSEN HOLDING 2011 ApS.

Who is the auditor of MICHAEL MADSEN HOLDING 2011 ApS?

MICHAEL MADSEN HOLDING 2011 ApS most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was MICHAEL MADSEN HOLDING 2011 ApS founded?

MICHAEL MADSEN HOLDING 2011 ApS was founded on 28 April 2011.

What is the equity of MICHAEL MADSEN HOLDING 2011 ApS?

Equity was DKK 15.5m 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.