MFN1970 HOLDING ApS

CVR 34203830 · Private limited company (ApS) · Active · Low risk

MFN1970 HOLDING ApS is a Private limited company (ApS), founded on , based in Høng. 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 0.2 times the average for Danish companies. 15 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 452k and a net result of DKK -124k. CEO: Michael Friis Nielsen.

Bankruptcy risk for MFN1970 HOLDING ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×

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
34203830
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o michael friis nielsen, Bygvænget 2
4270 Høng
Municipality
Kalundborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio92.5%
Current ratio1,042%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -1,405DKK -11kDKK -26k
Net profitDKK -124kDKK -86kDKK -130k
EquityDKK 452kDKK 577kDKK 663k
Total assetsDKK 489kDKK 611kDKK 714k
CashDKK 205kDKK 281k–
Short-term debtDKK 36kDKK 34k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025130
1 Jan 2024 – 31 Dec 2024103
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020141
1 Jan 2019 – 31 Dec 201964
1 Jan 2018 – 31 Dec 201863
1 Jan 2017 – 31 Dec 2017115
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014120
1 Jan 2013 – 31 Dec 2013142
1 Jan 2012 – 31 Dec 2012137
1 Dec 2010 – 31 Dec 2011114

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 Friis NielsenCurrent
Owner (100%)Michael Friis NielsenCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorREVISIONSFIRMAET LAILA RASMUSSEN
AuditorMBL Revision I/S

The CEOs' other companies

Michael Friis Nielsen – 2 other companies

Address history (2 moves)

c/o michael friis nielsen, Bygvænget 2, 4270 Høng
c/o michael friis nielsen, Bygvænget 12, 4270 Høng
Borretoften 24, 4270 Høng

Other companies at the same address

Similar companies in Kalundborg

Questions and answers about MFN1970 HOLDING ApS

Has MFN1970 HOLDING ApS gone bankrupt?

No, MFN1970 HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MFN1970 HOLDING ApS?

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

Who is the CEO of MFN1970 HOLDING ApS?

Michael Friis Nielsen is the CEO of MFN1970 HOLDING ApS.

When was MFN1970 HOLDING ApS founded?

MFN1970 HOLDING ApS was founded on 16 December 2011.

What is the equity of MFN1970 HOLDING ApS?

Equity was DKK 452k 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.