M&M DEVELOPMENT ApS

CVR 32552757 · Private limited company (ApS) · Active · Low risk

M&M DEVELOPMENT ApS is a Private limited company (ApS), founded on , based in Støvring. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 17 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2026) shows equity of DKK 3.7m and a net result of DKK -230k. CEO: Mike Secher Dalsgaard Nielsen.

Bankruptcy risk for M&M DEVELOPMENT ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
32552757
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Mercurvej 19
9530 Støvring
Municipality
Rebild
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 125k
Employees
0 (2016)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 17
Missing annual reportNo
Negative equityNo
Equity ratio36.9%
Current ratio18%
Moves (last 2 years)2
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 168kDKK 101kDKK -268k
Net profitDKK -230kDKK -226kDKK -772k
EquityDKK 3.7mDKK 2.6mDKK 2.9m
Total assetsDKK 10.0mDKK 6.3mDKK 6.8m
CashDKK 124kDKK 38k–
Short-term debtDKK 1.2mDKK 1.3m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202652
1 Jul 2024 – 30 Jun 202599
1 Jul 2023 – 30 Jun 2024165
1 Jul 2022 – 30 Jun 2023110
1 Jul 2021 – 30 Jun 2022173
1 Jul 2020 – 30 Jun 2021154
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019155
1 Jul 2017 – 30 Jun 2018157
1 Jul 2016 – 30 Jun 2017159
1 Jul 2015 – 30 Jun 2016158
1 Jul 2014 – 30 Jun 2015163
1 Jul 2013 – 30 Jun 2014164
1 Jul 2012 – 30 Jun 2013172
1 Jul 2011 – 30 Jun 2012163
1 Jul 2010 – 30 Jun 2011168
21 Oct 2009 – 30 Jun 2010186 Late

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
CEOMike Secher Dalsgaard NielsenCurrent
CEOMark Fjeldal Dalsgaard Nielsen
Owner (100%)MDN HOLDING ApSCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderCAJUNA HOLDING ApSCurrent
FounderMDN HOLDING ApSCurrent

The CEOs' other companies

Mike Secher Dalsgaard Nielsen – 19 other companies, of which 3 bankrupt

Mark Fjeldal Dalsgaard Nielsen – 22 other companies

Address history (6 moves)

Mercurvej 19, 9530 Støvring
Østre Alle 6, 9530 Støvring
Ledvogtervej 190, 9530 Støvring
Hagensvej 42, 9530 Støvring
Ledvogtervej 190, 9530 Støvring
Kærlundsvej 29, 9000 Aalborg
Stenholm 1, 9400 Nørresundby

Employees per year

Number of employees at M&M DEVELOPMENT ApS per year112014: 020142016: 02016

Other companies at the same address

Similar companies in Rebild

Questions and answers about M&M DEVELOPMENT ApS

Has M&M DEVELOPMENT ApS gone bankrupt?

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

What is the bankruptcy risk of M&M DEVELOPMENT ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of M&M DEVELOPMENT ApS?

Mike Secher Dalsgaard Nielsen is the CEO of M&M DEVELOPMENT ApS.

Who is the auditor of M&M DEVELOPMENT ApS?

M&M DEVELOPMENT ApS most recently used EY Godkendt Revisionspartnerselskab.

When was M&M DEVELOPMENT ApS founded?

M&M DEVELOPMENT ApS was founded on 21 October 2009.

What is the equity of M&M DEVELOPMENT ApS?

Equity was DKK 3.7m according to the annual report for the period ending 30 June 2026.

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