Mindturn Holding ApS

CVR 34887845 · Private limited company (ApS) · Active · Very high risk

Mindturn Holding ApS is a Private limited company (ApS), founded on , based in Vejen. The company is registered in the industry dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø. Our model estimates a bankruptcy risk of 7.2% over the next 12 months, which is 5.1 times the average for Danish companies. 13 annual reports have been published, of which 9 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 6.2m and a net result of DKK -852k. CEO: Kim Østergaard.

Bankruptcy risk for Mindturn Holding ApS

7.2%
probability of bankruptcy within 12 months
Very high risk

5.1 × the average (1.41%) · higher risk than 95% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Loss for the yearYes · 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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Equity ratio40%–60% · 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
34887845
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Rølkjær 4
6600 Vejen
Municipality
Vejen
Industry
Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø (011100)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 80k
Auditor
KVALITETSREVISION GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late9 of 13
Missing annual reportNo
Negative equityNo
Equity ratio40.2%
Current ratio272%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -2.0mDKK 751kDKK -1.4m
Net profitDKK -852kDKK 165kDKK -476k
EquityDKK 6.2mDKK 8.9mDKK 11.8m
Total assetsDKK 15.5mDKK 20.1mDKK 24.1m
CashDKK 211kDKK 93k–
Short-term debtDKK 2.8mDKK 5.2m–
Avg. employees12–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025244 Late
1 Jan 2024 – 31 Dec 2024191 Late
1 Jan 2023 – 31 Dec 2023204 Late
1 Jan 2022 – 31 Dec 2022215 Late
1 Jan 2021 – 31 Dec 2021195 Late
1 Jan 2020 – 31 Dec 2020219 Late
1 Jan 2019 – 31 Dec 2019273 Late
1 Jan 2018 – 31 Dec 2018181
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016167
1 Jan 2015 – 31 Dec 2015169
1 Jan 2014 – 31 Dec 2014187 Late
14 Dec 2012 – 31 Dec 2013259 Late

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
CEOKim ØstergaardCurrent
Owner (100%)Kim ØstergaardCurrent
AuditorKVALITETSREVISION GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderKim ØstergaardCurrent

The CEOs' other companies

Kim Østergaard – 10 other companies, of which 2 bankrupt

Address history (0 moves)

Rølkjær 4, 6600 Vejen

Former names

Mindturn Holding ApS – now
HOLDINGANPARTSSELSKABET MAILPLATFORM.DK –

Other companies at the same address

Similar companies in Vejen

Questions and answers about Mindturn Holding ApS

Has Mindturn Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Mindturn Holding ApS?

Our model estimates a bankruptcy risk of 7.2% over the next 12 months (very high risk), which is 5.1 times the average for Danish companies.

Who is the CEO of Mindturn Holding ApS?

Kim Østergaard is the CEO of Mindturn Holding ApS.

Who is the auditor of Mindturn Holding ApS?

Mindturn Holding ApS most recently used KVALITETSREVISION GODKENDT REVISIONSPARTNERSELSKAB.

When was Mindturn Holding ApS founded?

Mindturn Holding ApS was founded on 14 December 2012.

What is the equity of Mindturn Holding ApS?

Equity was DKK 6.2m 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.