MICHAEL THYE HOLDING ApS

CVR 35040528 · Private limited company (ApS) · Active · Low risk

MICHAEL THYE HOLDING ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 12 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 12.9m and a net result of DKK 1.5m. CEO: Michael Thye.

Bankruptcy risk for MICHAEL THYE HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

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×
Return on assets5%–15% · 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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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
35040528
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Mariane Thomsens Gade 36, 9.
8000 Aarhus C
Municipality
Aarhus
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 12
Missing annual reportNo
Negative equityNo
Equity ratio58.9%
Current ratio52%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -8,864DKK -122k
Net profitDKK 1.5mDKK 792k
EquityDKK 12.9mDKK 12.9m
Total assetsDKK 21.9mDKK 13.8m
CashDKK 6,512–
Short-term debtDKK 9.0m–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025172
1 Jul 2023 – 30 Jun 2024122
1 Jul 2022 – 30 Jun 2023105
1 Jul 2021 – 30 Jun 2022161
1 Jul 2020 – 30 Jun 2021162
1 Jul 2019 – 30 Jun 202090
1 Jul 2018 – 30 Jun 201987
1 Jul 2017 – 30 Jun 2018108
1 Jul 2016 – 30 Jun 2017167
1 Jul 2015 – 30 Jun 2016159
1 Jul 2014 – 30 Jun 2015150
31 Jan 2013 – 30 Jun 2014171

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 ThyeCurrent
Owner (100%)Michael ThyeCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
FounderMichael ThyeCurrent

The CEOs' other companies

Michael Thye – 6 other companies

Address history (5 moves)

Mariane Thomsens Gade 36, 9., 8000 Aarhus C
Kantorparken 16, st. mf, 8240 Risskov
c/o Pro-Flex Slibebørster ApS, Sindalsvej 5, 8240 Risskov
c/o Pro-Flex Slibebørster ApS, Brunbjergvej 1, 8240 Risskov
c/o Michael Thye, Assensgade 18, 4. tv, 8000 Aarhus C
Kystvejen 61, 5., 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about MICHAEL THYE HOLDING ApS

Has MICHAEL THYE HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL THYE 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 MICHAEL THYE HOLDING ApS?

Michael Thye is the CEO of MICHAEL THYE HOLDING ApS.

Who is the auditor of MICHAEL THYE HOLDING ApS?

MICHAEL THYE HOLDING ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was MICHAEL THYE HOLDING ApS founded?

MICHAEL THYE HOLDING ApS was founded on 31 January 2013.

What is the equity of MICHAEL THYE HOLDING ApS?

Equity was DKK 12.9m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.