M. H. RICHARD ApS

CVR 36473010 · Private limited company (ApS) · Active · Low risk

M. H. RICHARD ApS is a Private limited company (ApS), founded on , based in Frederikshavn. The company is registered in the industry anden finansiel formidling i.a.n.. 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 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -787k and a net result of DKK 70k. CEO: Michael Høngaard Richard.

Bankruptcy risk for M. H. RICHARD ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · 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
36473010
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Højrupsvej 52, 3. th
9900 Frederikshavn
Municipality
Frederikshavn
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
No

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-194.3%
Current ratio34%
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 year202520242023
Gross profitDKK -12kDKK -18kDKK -43k
Net profitDKK 70kDKK -395kDKK 378k
EquityDKK -787kDKK -857kDKK -462k
Total assetsDKK 405kDKK 335kDKK 677k
CashDKK 2,347DKK 175k–
Short-term debtDKK 1.2mDKK 1.2m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025182
1 Oct 2023 – 30 Sep 2024167
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022164
1 Oct 2020 – 30 Sep 202160
1 Oct 2019 – 30 Sep 202054
1 Oct 2018 – 30 Sep 2019128
1 Oct 2017 – 30 Sep 2018100
1 Oct 2016 – 30 Sep 2017103
1 Oct 2015 – 30 Sep 2016159
19 Dec 2014 – 30 Sep 201584

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 Høngaard RichardCurrent
Owner (100%)Michael Høngaard RichardCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMichael Høngaard RichardCurrent

Address history (1 moves)

Højrupsvej 52, 3. th, 9900 Frederikshavn
Højrupsvej 52, 3. th, 9900 Frederikshavn

Similar companies in Frederikshavn

Questions and answers about M. H. RICHARD ApS

Has M. H. RICHARD ApS gone bankrupt?

No, M. H. RICHARD ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M. H. RICHARD 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 M. H. RICHARD ApS?

Michael Høngaard Richard is the CEO of M. H. RICHARD ApS.

Who is the auditor of M. H. RICHARD ApS?

M. H. RICHARD ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was M. H. RICHARD ApS founded?

M. H. RICHARD ApS was founded on 19 December 2014.

What is the equity of M. H. RICHARD ApS?

Equity was DKK -787k according to the annual report for the period ending 30 September 2025.

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