MST Marine A/S

CVR 36684615 · Public limited company (A/S) · Active · Low risk

MST Marine A/S is a Public limited company (A/S), founded on , based in Helsingør. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 550k and a net result of DKK 314k. CEO: Mads Peter Christensen.

Bankruptcy risk for MST Marine A/S

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 vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
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

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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
36684615
Status
Active
Company type
Public limited company (A/S)
Founded
(11 years)
Address
Nordhavnsvej 2B
3000 Helsingør
Municipality
Helsingør
Industry
Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
4 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio28.7%
Current ratio182%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.0mDKK 1.4mDKK 470k
Net profitDKK 314kDKK -306kDKK -213k
EquityDKK 550kDKK 236kDKK 542k
Total assetsDKK 1.9mDKK 2.3mDKK 1.8m
CashDKK 0DKK 443k–
Short-term debtDKK 1.0mDKK 1.7m–
Tax owed–DKK 0–
Avg. employees33–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202568
1 Jan 2024 – 31 Dec 2024179
1 Jul 2022 – 30 Jun 2023158
1 Jul 2021 – 30 Jun 2022175
1 Jul 2020 – 30 Jun 2021152
1 Jul 2019 – 30 Jun 2020161
1 Jul 2018 – 30 Jun 2019128
1 Jul 2017 – 30 Jun 2018156
1 Jul 2016 – 30 Jun 2017119
16 Mar 2015 – 30 Jun 2016153

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
CEOMads Peter ChristensenCurrent
BoardSofus Jakob PedersenCurrent
BoardMads Peter ChristensenCurrent
BoardSteen Olaf ToftebjergCurrent
BoardMajbritt LangCurrent
BoardTorben Bjørn Christensen
Owner (25%)Sandholmvej Holding ApSCurrent
Owner (25%)Gassehaven Holding ApSCurrent
Owner (20%)Majbritt LangCurrent
Owner (20%)HANSEN & ANDERSEN HOLDING ApSCurrent
Owner (50%)TBC HOLDING ApS
Owner (33%)TBC HOLDING ApS
Owner (25%)Tibberupvænge Holding ApS
FounderTBC HOLDING ApSCurrent
FounderSandholmvej Holding ApSCurrent
FounderGassehaven Holding ApSCurrent

The CEOs' other companies

Mads Peter Christensen – 1 other companies

Address history (2 moves)

Nordhavnsvej 2B, 3000 Helsingør
Nordhavnsvej 2B, 3000 Helsingør
Rungsted Havn 1, 2960 Rungsted Kyst

Employees per year

Number of employees at MST Marine A/S per year242015: 220152016: 420162017: 320172018: 42018

Other companies at the same address

Similar companies in Helsingør

Questions and answers about MST Marine A/S

Has MST Marine A/S gone bankrupt?

No, MST Marine A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MST Marine A/S?

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 MST Marine A/S?

Mads Peter Christensen is the CEO of MST Marine A/S.

Who is the auditor of MST Marine A/S?

MST Marine A/S most recently used Beierholm.

When was MST Marine A/S founded?

MST Marine A/S was founded on 16 March 2015.

What is the equity of MST Marine A/S?

Equity was DKK 550k 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.