MIDTBYG ApS

CVR 35206655 · Private limited company (ApS) · Active · Low risk

MIDTBYG ApS is a Private limited company (ApS), founded on , based in Karup J. The company is registered in the industry gennemførelse af byggeprojekter. 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 4.0m and a net result of DKK 277k. CEO: Frode Verner Siig, Poul Siig.

Bankruptcy risk for MIDTBYG ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
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×
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
35206655
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
c/o Frode Verner Siig, Solvænget 132
7470 Karup J
Municipality
Viborg
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 2.0m
Auditor
DANSK REVISION VIBORG REGISTRERET REVISIONSAKTIESELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 13
Missing annual reportNo
Negative equityNo
Equity ratio78.3%
Current ratio38%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 541kDKK 387k
Net profitDKK 277kDKK 587k
EquityDKK 4.0mDKK 3.7m
Total assetsDKK 5.1mDKK 5.2m
CashDKK 96k–
Short-term debtDKK 913k–
Tax owedDKK 72k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION VIBORG REGISTRERET REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025110
1 Jan 2024 – 31 Dec 2024146
1 Jan 2023 – 31 Dec 2023116
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021172
1 Jan 2020 – 31 Dec 2020124
1 Jan 2019 – 31 Dec 2019225 Late
1 Jan 2018 – 31 Dec 2018126
1 Jan 2017 – 31 Dec 2017145
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 201589
1 Jan 2014 – 31 Dec 2014142
26 Mar 2013 – 31 Dec 2013151

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
CEOFrode Verner SiigCurrent
CEOPoul SiigCurrent
Owner (50%)F.S. HOLDING FREDERIKS ApSCurrent
Owner (50%)MIDT GRUPPEN ApSCurrent
AuditorDamgaard & Enevoldsen A/S
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
FounderFrode Verner SiigCurrent
FounderPoul SiigCurrent

The CEOs' other companies

Frode Verner Siig – 7 other companies

Poul Siig – 2 other companies

Address history (1 moves)

c/o Frode Verner Siig, Solvænget 132, 7470 Karup J
c/o Frode Verner Siig, Solvænget 132, 7470 Karup J

Other companies at the same address

Similar companies in Viborg

Questions and answers about MIDTBYG ApS

Has MIDTBYG ApS gone bankrupt?

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

What is the bankruptcy risk of MIDTBYG ApS?

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 MIDTBYG ApS?

Frode Verner Siig, Poul Siig are the CEOs of MIDTBYG ApS.

Who is the auditor of MIDTBYG ApS?

MIDTBYG ApS most recently used DANSK REVISION VIBORG REGISTRERET REVISIONSAKTIESELSKAB.

When was MIDTBYG ApS founded?

MIDTBYG ApS was founded on 26 March 2013.

What is the equity of MIDTBYG ApS?

Equity was DKK 4.0m 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.