MICHAEL HOLST ApS

CVR 36423250 · Private limited company (ApS) · Active · Low risk

MICHAEL HOLST ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry planlægning og design af reklamekampagner. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 11 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -18k and a net result of DKK 5,742. CEO: Michael Holst Pedersen.

Bankruptcy risk for MICHAEL HOLST ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×

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
36423250
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Sandskudevej 13
7700 Thisted
Municipality
Thisted
Industry
Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 40k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-35.8%
Current ratio74%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 21kDKK -58kDKK 221k
Net profitDKK 5,742DKK -76kDKK -627
EquityDKK -18kDKK -23kDKK 53k
Total assetsDKK 49kDKK 21kDKK 59k
CashDKK 12kDKK 0–
Short-term debtDKK 67kDKK 44k–
Tax owed–DKK 0–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021290 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019213 Late
1 Jan 2018 – 31 Dec 2018152
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016145
1 Nov 2014 – 31 Dec 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
CEOMichael Holst PedersenCurrent
CEOMichael Holst Pedersen
Owner (100%)Michael Holst PedersenCurrent
FounderMichael Holst PedersenCurrent

Address history (4 moves)

Sandskudevej 13, 7700 Thisted
Hamborgvej 190, 7730 Hanstholm
Rentemestervej 19B, 2. 7, 2400 København NV
Fælledvej 19A, st., 2200 København N
Fredensborggade 2, 2. tv, 2200 København N

Former names

MICHAEL HOLST ApS – now
MICHAEL HOLST IVS –

Employees per year

Number of employees at MICHAEL HOLST ApS per year112014: 020142015: 020152016: 120162017: 020172018: 12018

Similar companies in Thisted

Questions and answers about MICHAEL HOLST ApS

Has MICHAEL HOLST ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL HOLST ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MICHAEL HOLST ApS?

Michael Holst Pedersen is the CEO of MICHAEL HOLST ApS.

When was MICHAEL HOLST ApS founded?

MICHAEL HOLST ApS was founded on 1 November 2014.

What is the equity of MICHAEL HOLST ApS?

Equity was DKK -18k 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.