MHW HOLDING ApS

CVR 32663591 · Private limited company (ApS) · Active · High risk

MHW HOLDING ApS is a Private limited company (ApS), founded on , based in Græsted. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 16 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 343k and a net result of DKK -47k. CEO: Michael Vinggaard Withander.

Bankruptcy risk for MHW HOLDING ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Dissolution warning from the Business AuthorityYes · bankruptcy rate 10.4%1.2×
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

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
32663591
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Saltrup Vænge 11
3230 Græsted
Municipality
Gribskov
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 16
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Revenue–DKK 0
Gross profitDKK 0DKK 0
Net profitDKK -47kDKK 42k
EquityDKK 343kDKK 390k
Total assetsDKK 343kDKK 390k
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020153
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018174
1 Jan 2017 – 31 Dec 2017168
1 Jan 2016 – 31 Dec 2016164
1 Jan 2015 – 31 Dec 2015270 Late Restated
1 Jan 2014 – 31 Dec 2014176
1 Jan 2013 – 31 Dec 2013182
1 Jan 2012 – 31 Dec 2012183
1 Jan 2011 – 31 Dec 2011151
28 Dec 2009 – 31 Dec 2010178

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 Vinggaard WithanderCurrent
CEOMichael Vinggaard Withander
Owner (100%)Michael Vinggaard WithanderCurrent
AuditorR60-BOMHUS STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorR60 A/S
AuditorForvis Mazars Statsautoriseret Revisionspartnerselskab
AuditorKompas Revision, Registrerede Revisorer ApS
AuditorPreben Rasmussen ApS
FounderMichael Vinggaard WithanderCurrent

The CEOs' other companies

Michael Vinggaard Withander – 3 other companies, of which 2 bankrupt

Address history (2 moves)

Saltrup Vænge 11, 3230 Græsted
Hjortevænget 34, 3450 Allerød
Damgårdshave 9, 3450 Allerød

Other companies at the same address

Similar companies in Gribskov

Questions and answers about MHW HOLDING ApS

Has MHW HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MHW HOLDING ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of MHW HOLDING ApS?

Michael Vinggaard Withander is the CEO of MHW HOLDING ApS.

When was MHW HOLDING ApS founded?

MHW HOLDING ApS was founded on 28 December 2009.

What is the equity of MHW HOLDING ApS?

Equity was DKK 343k 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.