MICHAEL MADSEN ApS

CVR 36469161 · Private limited company (ApS) · Active · Low risk

MICHAEL MADSEN ApS is a Private limited company (ApS), founded on , based in Hobro. The company is registered in the industry andre specialiserede byggeaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 11 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.3m and a net result of DKK 499k. CEO: Michael Madsen.

Bankruptcy risk for MICHAEL MADSEN ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%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×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · 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
36469161
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Truevejen 3
9500 Hobro
Municipality
Mariagerfjord
Industry
Andre specialiserede byggeaktiviteter i.a.n. (439900)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
2 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 11
Missing annual reportNo
Negative equityNo
Equity ratio57.8%
Current ratio134%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.6mDKK 1.3m
Net profitDKK 499kDKK 320k
EquityDKK 2.3mDKK 1.8m
Total assetsDKK 4.0mDKK 3.7m
CashDKK 1.8m–
Short-term debtDKK 1.7m–
Tax owedDKK 154k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022192 Late
1 Jan 2021 – 31 Dec 2021200 Late
1 Jan 2020 – 31 Dec 2020203 Late
1 Jan 2019 – 31 Dec 2019209 Late
1 Jan 2018 – 31 Dec 2018182
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016158
1 Jul 2014 – 31 Dec 2015173

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 MadsenCurrent
Owner (100%)Michael MadsenCurrent
FounderMichael MadsenCurrent

Address history (0 moves)

Truevejen 3, 9500 Hobro

Employees per year

Number of employees at MICHAEL MADSEN ApS per year122016: 120162017: 220172018: 22018

Similar companies in Mariagerfjord

Questions and answers about MICHAEL MADSEN ApS

Has MICHAEL MADSEN ApS gone bankrupt?

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

What is the bankruptcy risk of MICHAEL MADSEN ApS?

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

Who is the CEO of MICHAEL MADSEN ApS?

Michael Madsen is the CEO of MICHAEL MADSEN ApS.

Who is the auditor of MICHAEL MADSEN ApS?

MICHAEL MADSEN ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was MICHAEL MADSEN ApS founded?

MICHAEL MADSEN ApS was founded on 18 December 2014.

What is the equity of MICHAEL MADSEN ApS?

Equity was DKK 2.3m 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.