M-ENGINEERING ApS

CVR 33958188 · Private limited company (ApS) · Active · High risk

M-ENGINEERING ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry fremstilling af andre færdige metalprodukter i.a.n.. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 14 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 899k and a net result of DKK 679k. CEO: Michal Pagh Fricke.

Bankruptcy risk for M-ENGINEERING 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
33958188
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
Marsalle 38A
8700 Horsens
Municipality
Horsens
Industry
Fremstilling af andre færdige metalprodukter i.a.n. (259900)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 80k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 14
Missing annual reportNo
Negative equityNo
Equity ratio41.9%
Current ratio170%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.4mDKK 557k
Net profitDKK 679kDKK 56k
EquityDKK 899kDKK 220k
Total assetsDKK 2.1mDKK 1.2m
CashDKK 904k–
Short-term debtDKK 1.2m–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025188 Late
1 Oct 2023 – 30 Sep 2024184 Late
1 Oct 2022 – 30 Sep 2023193 Late
1 Oct 2021 – 30 Sep 2022200 Late
1 Oct 2020 – 30 Sep 2021167
1 Oct 2019 – 30 Sep 2020167
1 Oct 2018 – 30 Sep 2019165
1 Oct 2017 – 30 Sep 2018164
1 Oct 2016 – 30 Sep 2017164
1 Oct 2015 – 30 Sep 2016166
1 Oct 2014 – 30 Sep 2015163
1 Oct 2013 – 30 Sep 2014150
1 Oct 2012 – 30 Sep 2013164
5 Oct 2011 – 30 Sep 201282

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
CEOMichal Pagh FrickeCurrent
CEOIben Louise Møller Fricke
Owner (100%)IMF HOLDING ApSCurrent
AuditorA/S REVISION HATTING REGISTRERET REVISIONSSELSKAB
AuditorREVISIONSFIRMAET IVERSEN & HALD
FounderIMF HOLDING ApSCurrent

The CEOs' other companies

Michal Pagh Fricke – 2 other companies

Iben Louise Møller Fricke – 2 other companies

Address history (2 moves)

Marsalle 38A, 8700 Horsens
Gammel Havn 1, 8700 Horsens
Nørre Snedevej 73, 8700 Horsens

Employees per year

Number of employees at M-ENGINEERING ApS per year122011: 120112012: 120122013: 220132014: 220142015: 120152016: 220162017: 220172018: 12018

Other companies at the same address

Similar companies in Horsens

Questions and answers about M-ENGINEERING ApS

Has M-ENGINEERING ApS gone bankrupt?

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

What is the bankruptcy risk of M-ENGINEERING 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-ENGINEERING ApS?

Michal Pagh Fricke is the CEO of M-ENGINEERING ApS.

When was M-ENGINEERING ApS founded?

M-ENGINEERING ApS was founded on 5 October 2011.

What is the equity of M-ENGINEERING ApS?

Equity was DKK 899k 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.