MN 2017 Holding ApS

CVR 35870261 · Private limited company (ApS) · Active · Very high risk

MN 2017 Holding ApS is a Private limited company (ApS), founded on , based in Kastrup. The company is registered in the industry maleraktiviteter. Our model estimates a bankruptcy risk of 13.3% over the next 12 months, which is 9.4 times the average for Danish companies. 11 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -21k and a net result of DKK -39k. CEO: Martin Kruse Nielsen.

Bankruptcy risk for MN 2017 Holding ApS

13.3%
probability of bankruptcy within 12 months
Very high risk

9.4 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
35870261
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Fuglebækvej 2C, 1.
2770 Kastrup
Municipality
Tårnby
Industry
Maleraktiviteter (433410)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
0 (2017)
Auditor
EXACTA GRUPPEN ApS
Audit opted out
No

Warning signs

Annual reports filed late3 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-23.1%
Current ratio81%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address83
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -10kDKK -9,504
Net profitDKK -39kDKK -10k
EquityDKK -21kDKK 18k
Total assetsDKK 93kDKK 228k
Short-term debtDKK 114k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025186 Late
1 Jul 2023 – 30 Jun 2024177
1 Jul 2022 – 30 Jun 2023200 Late
1 Jul 2021 – 30 Jun 2022186 Late
1 Jul 2020 – 30 Jun 2021156
1 Jul 2019 – 30 Jun 2020171
1 Jul 2018 – 30 Jun 201955
1 Jul 2017 – 30 Jun 2018151
1 Jul 2016 – 30 Jun 2017141
1 Jul 2015 – 30 Jun 2016139
12 Jun 2014 – 30 Jun 2015151

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
CEOMartin Kruse NielsenCurrent
Owner (100%)Martin Kruse NielsenCurrent
Owner (100%)LA LUNA HOLDING ApS
AuditorEXACTA GRUPPEN ApSCurrent
FounderLA LUNA HOLDING ApSCurrent

The CEOs' other companies

Martin Kruse Nielsen – 2 other companies, of which 1 bankrupt

Address history (4 moves)

Fuglebækvej 2C, 1., 2770 Kastrup
Kollundvej 27, 2770 Kastrup
Fjeldhammervej 15, 2610 Rødovre
Center Boulevard 5, 33. 1, 2300 København S
Center Boulevard 5 331, 2300 København S

Former names

MN 2017 Holding ApS – now
MALERFIRMA NIELSEN & SØN ApS –

Employees per year

Number of employees at MN 2017 Holding ApS per year352014: 420142015: 220152016: 520162017: 02017

Other companies at the same address

Similar companies in Tårnby

Questions and answers about MN 2017 Holding ApS

Has MN 2017 Holding ApS gone bankrupt?

No, MN 2017 Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MN 2017 Holding ApS?

Our model estimates a bankruptcy risk of 13.3% over the next 12 months (very high risk), which is 9.4 times the average for Danish companies.

Who is the CEO of MN 2017 Holding ApS?

Martin Kruse Nielsen is the CEO of MN 2017 Holding ApS.

Who is the auditor of MN 2017 Holding ApS?

MN 2017 Holding ApS most recently used EXACTA GRUPPEN ApS.

When was MN 2017 Holding ApS founded?

MN 2017 Holding ApS was founded on 12 June 2014.

What is the equity of MN 2017 Holding ApS?

Equity was DKK -21k 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.