MIDTJYSK AUTOMOBILER A/S

CVR 34716242 · Public limited company (A/S) · Active · Low risk

MIDTJYSK AUTOMOBILER A/S is a Public limited company (A/S), founded on , based in Silkeborg. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 13 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 16.7m and a net result of DKK 3.6m. CEO: Michael Svellov.

Bankruptcy risk for MIDTJYSK AUTOMOBILER A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
34716242
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
Holmbladsvej 9
8600 Silkeborg
Municipality
Silkeborg
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 500k
Employees
6 (2018)
Auditor
Revisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 13
Missing annual reportNo
Negative equityNo
Equity ratio36.5%
Current ratio146%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 12.8mDKK 11.7mDKK 9.5m
Net profitDKK 3.6mDKK 3.5mDKK 4.5m
EquityDKK 16.7mDKK 14.1mDKK 11.6m
Total assetsDKK 45.7mDKK 48.6mDKK 42.8m
CashDKK 135kDKK 165k–
Short-term debtDKK 29.0mDKK 34.5m–
Avg. employees1311–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Revisionshuset Tal & Tanker, Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022192 Late
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 202075
1 Jan 2019 – 31 Dec 201938
1 Jan 2018 – 31 Dec 201849
1 Jan 2017 – 31 Dec 201732
1 Jan 2016 – 31 Dec 201638
1 Jan 2015 – 31 Dec 201532
1 Jan 2014 – 31 Dec 2014182
1 Oct 2012 – 31 Dec 2013162

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 SvellovCurrent
CEOBo Heino Thulstrup Mathiassen
BoardMichael SvellovCurrent
BoardFinn Billeschou SvellovCurrent
BoardThomas CarlsenCurrent
BoardJan Sejling Clausen
BoardBrian Lorentzen
Owner (90%)Svellov Holding ApSCurrent
Owner (10%)Martin Skovgaard Holding 2021 ApSCurrent
Owner (100%)Michael Svellov
Owner (100%)Svellov Holding ApS
AuditorRevisionshuset Tal & Tanker Statsautoriseret RevisionspartnerselskabCurrent
AuditorSelskabet af 22. februar ApS
FounderBo Heino Thulstrup MathiassenCurrent
FounderMichael SvellovCurrent

The CEOs' other companies

Michael Svellov – 8 other companies

Address history (2 moves)

Holmbladsvej 9, 8600 Silkeborg
Herningvej 31, 8600 Silkeborg
Ligustersvinget 14, 8600 Silkeborg

Former names

MIDTJYSK AUTOMOBILER A/S – now
MIDTJYSK AUTOMOBILER ApS –

Employees per year

Number of employees at MIDTJYSK AUTOMOBILER A/S per year362013: 120132014: 220142015: 120152016: 120162017: 320172018: 62018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about MIDTJYSK AUTOMOBILER A/S

Has MIDTJYSK AUTOMOBILER A/S gone bankrupt?

No, MIDTJYSK AUTOMOBILER A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MIDTJYSK AUTOMOBILER A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MIDTJYSK AUTOMOBILER A/S?

Michael Svellov is the CEO of MIDTJYSK AUTOMOBILER A/S.

Who is the auditor of MIDTJYSK AUTOMOBILER A/S?

MIDTJYSK AUTOMOBILER A/S most recently used Revisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab.

When was MIDTJYSK AUTOMOBILER A/S founded?

MIDTJYSK AUTOMOBILER A/S was founded on 1 October 2012.

What is the equity of MIDTJYSK AUTOMOBILER A/S?

Equity was DKK 16.7m 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.