MICHAEL KVIST, ÅRRE HOLDING ApS

CVR 34084750 · Private limited company (ApS) · Active · Low risk

MICHAEL KVIST, ÅRRE HOLDING ApS is a Private limited company (ApS), founded on , based in Esbjerg. 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 0.1 times the average for Danish companies. 15 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 20.9m and a net result of DKK 6.4m. CEO: Michael Kvist.

Bankruptcy risk for MICHAEL KVIST, ÅRRE HOLDING ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×

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
34084750
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o Michael Kvist, Gormsgade 8
6700 Esbjerg
Municipality
Esbjerg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 15
Missing annual reportNo
Negative equityNo
Equity ratio67.4%
Current ratio1,354%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Net profitDKK 6.4mDKK 1.3mDKK -5.2m
EquityDKK 20.9mDKK 15.0mDKK 14.2m
Total assetsDKK 31.1mDKK 15.1mDKK 14.2m
CashDKK 501kDKK 229k–
Short-term debtDKK 517kDKK 101k–
Tax owedDKK 84kDKK 73k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022165
1 Jan 2021 – 31 Dec 2021154
1 Jan 2020 – 31 Dec 2020123
1 Jan 2019 – 31 Dec 2019160
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017165
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015168
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013164
1 Jan 2012 – 31 Dec 2012156
1 Dec 2011 – 31 Dec 2011150

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 KvistCurrent
Owner (100%)Michael KvistCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Michael Kvist – 30 other companies, of which 2 bankrupt

Address history (1 moves)

c/o Michael Kvist, Gormsgade 8, 6700 Esbjerg
c/o Michael Kvist, Birkegade 18, 6818 Årre

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about MICHAEL KVIST, ÅRRE HOLDING ApS

Has MICHAEL KVIST, ÅRRE HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL KVIST, ÅRRE HOLDING ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of MICHAEL KVIST, ÅRRE HOLDING ApS?

Michael Kvist is the CEO of MICHAEL KVIST, ÅRRE HOLDING ApS.

Who is the auditor of MICHAEL KVIST, ÅRRE HOLDING ApS?

MICHAEL KVIST, ÅRRE HOLDING ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MICHAEL KVIST, ÅRRE HOLDING ApS founded?

MICHAEL KVIST, ÅRRE HOLDING ApS was founded on 1 December 2011.

What is the equity of MICHAEL KVIST, ÅRRE HOLDING ApS?

Equity was DKK 20.9m 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.