KVISTGAARD MMXII HOLDING ApS

CVR 34479453 · Private limited company (ApS) · Active · Low risk

KVISTGAARD MMXII HOLDING ApS is a Private limited company (ApS), founded on , based in Aarhus N. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 14 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 19.6m and a net result of DKK 11.8m. CEO: Morten Kvistgaard Nielsen.

Bankruptcy risk for KVISTGAARD MMXII HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
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
34479453
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Åbogade 15
8200 Aarhus N
Municipality
Aarhus
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 14
Missing annual reportNo
Negative equityNo
Equity ratio87.4%
Current ratio55%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address288
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -12kDKK -12kDKK -11k
Net profitDKK 11.8mDKK 1.9mDKK 1.2m
EquityDKK 19.6mDKK 8.3mDKK 6.6m
Total assetsDKK 22.4mDKK 9.2mDKK 7.4m
CashDKK 67kDKK 1.3m–
Short-term debtDKK 2.8mDKK 855k–
Tax owedDKK 20kDKK 5,947–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025167
1 Oct 2023 – 30 Sep 2024177
1 Oct 2022 – 30 Sep 2023177
1 Oct 2021 – 30 Sep 2022186 Late
1 Oct 2020 – 30 Sep 2021167
1 Oct 2019 – 30 Sep 2020173
1 Oct 2018 – 30 Sep 2019150
1 Oct 2017 – 30 Sep 2018157
1 Oct 2016 – 30 Sep 2017152
1 Oct 2015 – 30 Sep 2016293 Late
1 Oct 2014 – 30 Sep 2015152
1 Oct 2013 – 30 Sep 2014163
1 Oct 2012 – 30 Sep 2013150
1 Oct 2011 – 30 Sep 2012178

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
CEOMorten Kvistgaard NielsenCurrent
CEOMorten Kvistgaard Nielsen
Owner (100%)Morten Kvistgaard NielsenCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorRR-SR A/S
AuditorRR-SR A/S
AuditorKOVSTED & SKOVGÅRD, REVISION & RÅDGIVNING, STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Morten Kvistgaard Nielsen – 5 other companies

Address history (0 moves)

Åbogade 15, 8200 Aarhus N

Other companies at the same address

Similar companies in Aarhus

Questions and answers about KVISTGAARD MMXII HOLDING ApS

Has KVISTGAARD MMXII HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of KVISTGAARD MMXII HOLDING ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of KVISTGAARD MMXII HOLDING ApS?

Morten Kvistgaard Nielsen is the CEO of KVISTGAARD MMXII HOLDING ApS.

Who is the auditor of KVISTGAARD MMXII HOLDING ApS?

KVISTGAARD MMXII HOLDING ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was KVISTGAARD MMXII HOLDING ApS founded?

KVISTGAARD MMXII HOLDING ApS was founded on 14 April 2012.

What is the equity of KVISTGAARD MMXII HOLDING ApS?

Equity was DKK 19.6m 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.