M.F. FASHION GROUP ApS

CVR 32932665 · Private limited company (ApS) · Active · High risk

M.F. FASHION GROUP ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry detailhandel med fodtøj. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 -2.1m and a net result of DKK -2.4m. CEO: Martin Friis.

Bankruptcy risk for M.F. FASHION GROUP 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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
32932665
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
c/o Notabene, Hauser Plads 20
1127 København K
Municipality
København
Industry
Detailhandel med fodtøj (477210)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 200k
Employees
1 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 16
Missing annual reportNo
Negative equityYes
Equity ratio-56.0%
Current ratio57%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address113
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -1.0mDKK -1.1mDKK -469k
Net profitDKK -2.4mDKK -2.1mDKK -2.6m
EquityDKK -2.1mDKK -826kDKK -482k
Total assetsDKK 3.8mDKK 4.6mDKK 4.2m
CashDKK 361kDKK 412k–
Short-term debtDKK 5.9mDKK 5.4m–
Avg. employees55–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæringer (review) · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025178
1 Jan 2024 – 31 Dec 2024114
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022137
1 Jan 2021 – 31 Dec 2021160
1 Jan 2020 – 31 Dec 2020146
1 Jan 2019 – 31 Dec 2019238 Late
1 Jan 2018 – 31 Dec 2018143
1 Jan 2017 – 31 Dec 2017143
1 Jan 2016 – 31 Dec 2016137
1 Jan 2015 – 31 Dec 2015144
1 Jan 2014 – 31 Dec 2014139
1 Jan 2013 – 31 Dec 2013134
1 Jan 2012 – 31 Dec 201298
1 Jan 2011 – 31 Dec 2011128
18 May 2010 – 31 Dec 2010123

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
CEOMartin FriisCurrent
Owner (100%)NINUS & NINA HOLDING ApSCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderNINUS & NINA HOLDING ApSCurrent

The CEOs' other companies

Martin Friis – 4 other companies

Address history (2 moves)

c/o Notabene, Hauser Plads 20, 1127 København K
c/o Notabene Møntergade, Møntergade 19, 1116 København K
Kronprinsensgade 10, 1114 København K

Employees per year

Number of employees at M.F. FASHION GROUP ApS per year362011: 220112012: 620122013: 620132014: 520142015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in København

Questions and answers about M.F. FASHION GROUP ApS

Has M.F. FASHION GROUP ApS gone bankrupt?

No, M.F. FASHION GROUP ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M.F. FASHION GROUP 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.

Who is the CEO of M.F. FASHION GROUP ApS?

Martin Friis is the CEO of M.F. FASHION GROUP ApS.

Who is the auditor of M.F. FASHION GROUP ApS?

M.F. FASHION GROUP ApS most recently used Beierholm.

When was M.F. FASHION GROUP ApS founded?

M.F. FASHION GROUP ApS was founded on 18 May 2010.

What is the equity of M.F. FASHION GROUP ApS?

Equity was DKK -2.1m 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.