M & MG HOLDING ApS

CVR 35678549 · Private limited company (ApS) · Active · Low risk

M & MG HOLDING ApS is a Private limited company (ApS), founded on , based in Aars. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 12 annual reports have been published. The latest annual report (30 Apr 2026) shows equity of DKK 843k and a net result of DKK 408k. CEO: Morten Glinvad.

Bankruptcy risk for M & MG HOLDING ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
35678549
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
c/o Morten Glinvad, Tvebjergvej 58
9600 Aars
Municipality
Vesthimmerlands
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 12
Missing annual reportNo
Negative equityNo
Equity ratio20.6%
Current ratio1%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -21kDKK -16kDKK -20k
Net profitDKK 408kDKK 615kDKK -255k
EquityDKK 843kDKK 570kDKK 77k
Total assetsDKK 4.1mDKK 4.2mDKK 4.4m
CashDKK 776DKK 1,530–
Short-term debtDKK 3.3mDKK 3.6m–
Tax owed–DKK 0–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026174
1 May 2024 – 30 Apr 2025156
1 May 2023 – 30 Apr 2024164
1 May 2022 – 30 Apr 2023170
1 May 2021 – 30 Apr 2022142
1 May 2020 – 30 Apr 2021165
1 May 2019 – 30 Apr 2020173
1 May 2018 – 30 Apr 2019154
1 May 2017 – 30 Apr 2018161
1 May 2016 – 30 Apr 2017169
1 May 2015 – 30 Apr 2016164
5 Mar 2014 – 30 Apr 2015153

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 GlinvadCurrent
Owner (100%)Morten GlinvadCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderMorten GlinvadCurrent

The CEOs' other companies

Morten Glinvad – 2 other companies

Address history (2 moves)

c/o Morten Glinvad, Tvebjergvej 58, 9600 Aars
c/o Morten Glinvad, Tvebjergvej 58, 9600 Aars
Hans Egedes Vej 259, 9600 Aars

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about M & MG HOLDING ApS

Has M & MG HOLDING ApS gone bankrupt?

No, M & MG HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M & MG HOLDING ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of M & MG HOLDING ApS?

Morten Glinvad is the CEO of M & MG HOLDING ApS.

Who is the auditor of M & MG HOLDING ApS?

M & MG HOLDING ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was M & MG HOLDING ApS founded?

M & MG HOLDING ApS was founded on 5 March 2014.

What is the equity of M & MG HOLDING ApS?

Equity was DKK 843k according to the annual report for the period ending 30 April 2026.

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