MGM BOILERS ApS

CVR 34460396 · Private limited company (ApS) · Active · Low risk

MGM BOILERS ApS is a Private limited company (ApS), founded on , based in Vildbjerg. The company is registered in the industry fremstilling af ovne, ildsteder og fyringsaggregater til boligopvarmning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 14 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 448k and a net result of DKK 55k.

Bankruptcy risk for MGM BOILERS 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
34460396
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Herningvej 39A
7480 Vildbjerg
Municipality
Herning
Industry
Fremstilling af ovne, ildsteder og fyringsaggregater til boligopvarmning (282100)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 80k
Employees
2 (2018)
Auditor
Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 14
Missing annual reportNo
Negative equityNo
Equity ratio47.6%
Current ratio193%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 509k–
Net profitDKK 55k–
EquityDKK 448k–
Total assetsDKK 941k–
CashDKK 404k–
Short-term debtDKK 430k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025148
1 Jan 2024 – 31 Dec 202485
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020162
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 2017163
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015146
1 Jan 2014 – 31 Dec 2014142
1 Jan 2013 – 31 Dec 2013148
16 Mar 2012 – 31 Dec 2012172

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
Owner (100%)BIO STOKER ApSCurrent
AuditorHolm Hansen
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderErik Holm HansenCurrent

Address history (3 moves)

Herningvej 39A, 7480 Vildbjerg
Tjørringparken 1, 7400 Herning
Tjørring Hovedgade 43, 7400 Herning
c/o Erik Holm Hansen, Forten 11, 8860 Ulstrup

Employees per year

Number of employees at MGM BOILERS ApS per year122012: 120122013: 020132014: 220142015: 220152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Herning

Questions and answers about MGM BOILERS ApS

Has MGM BOILERS ApS gone bankrupt?

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

What is the bankruptcy risk of MGM BOILERS 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 auditor of MGM BOILERS ApS?

MGM BOILERS ApS most recently used Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab.

When was MGM BOILERS ApS founded?

MGM BOILERS ApS was founded on 16 March 2012.

What is the equity of MGM BOILERS ApS?

Equity was DKK 448k 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.