MSA Construction ApS

CVR 35812725 · Private limited company (ApS) · Active · Low risk

MSA Construction ApS is a Private limited company (ApS), founded on , based in Brande. The company is registered in the industry anden teknisk rådgivning. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 11 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 7.4m and a net result of DKK 3.2m. CEO: Morten Sanggaard Andersen.

Bankruptcy risk for MSA Construction ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%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×
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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
35812725
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Fabriksvej 1
7330 Brande
Municipality
Ikast-Brande
Industry
Anden teknisk rådgivning (711290)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 50k
Employees
14 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityNo
Equity ratio36.3%
Current ratio154%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 15.0mDKK 9.0m
Net profitDKK 3.2mDKK 1.0m
EquityDKK 7.4mDKK 5.2m
Total assetsDKK 20.4mDKK 10.7m
CashDKK 2.5m–
Short-term debtDKK 13.0m–
Tax owedDKK 517k–
Avg. employees15–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025157
1 Jul 2023 – 30 Jun 2024151
1 Jul 2022 – 30 Jun 2023151
1 Jul 2021 – 30 Jun 2022148
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020161
1 Jul 2018 – 30 Jun 2019131
1 Jul 2017 – 30 Jun 2018149
1 Jul 2016 – 30 Jun 2017129
1 Jul 2015 – 30 Jun 2016167
24 Mar 2014 – 30 Jun 2015167

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 Sanggaard AndersenCurrent
CEOBo Heftholm Christensen
Owner (10%)S.L. BRANDE HOLDING ApSCurrent
Owner (50%)KONGLOMERATET MSA HOLDING ApSCurrent
Owner (25%)JR & sons Holding ApSCurrent
Owner (5%)J Egeris Holding ApSCurrent
Owner (5%)DenSchmidt af 78 ApSCurrent
Owner (50%)+ENERGI GRUPPEN ApS
Owner (50%)KONGLOMERATET MSA HOLDING ApS
Owner (100%)KONGLOMERATET MSA HOLDING ApS
Owner (5%)S.L. BRANDE HOLDING ApS
Owner (67%)KONGLOMERATET MSA HOLDING ApS
Owner (20%)JR & sons Holding ApS
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
Founder+ENERGI GRUPPEN ApSCurrent
FounderKONGLOMERATET MSA HOLDING ApSCurrent

The CEOs' other companies

Morten Sanggaard Andersen – 3 other companies

Bo Heftholm Christensen – 1 other companies

Address history (1 moves)

Fabriksvej 1, 7330 Brande
Nordlundvej 107, 7330 Brande

Former names

MSA Construction ApS – now
MSAWIND ApS –

Employees per year

Number of employees at MSA Construction ApS per year9172014: 820142015: 820152016: 1120162017: 1720172018: 142018

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about MSA Construction ApS

Has MSA Construction ApS gone bankrupt?

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

What is the bankruptcy risk of MSA Construction ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of MSA Construction ApS?

Morten Sanggaard Andersen is the CEO of MSA Construction ApS.

Who is the auditor of MSA Construction ApS?

MSA Construction ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was MSA Construction ApS founded?

MSA Construction ApS was founded on 24 March 2014.

What is the equity of MSA Construction ApS?

Equity was DKK 7.4m 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.