MH Sports Gear ApS

CVR 36699191 · Private limited company (ApS) · Active · Low risk

MH Sports Gear ApS is a Private limited company (ApS), founded on , based in Them. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. 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. The latest annual report (31 Dec 2025) shows equity of DKK 2.0m and a net result of DKK 1.1m. CEO: Mike Høgfeldt.

Bankruptcy risk for MH Sports Gear 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

Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
36699191
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Knudlundvej 24
8653 Them
Municipality
Silkeborg
Industry
Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
2 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityNo
Equity ratio27.8%
Current ratio130%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 4.1mDKK 3.0mDKK 1.9m
Net profitDKK 1.1mDKK 637kDKK -37k
EquityDKK 2.0mDKK 880kDKK 243k
Total assetsDKK 7.1mDKK 5.4mDKK 4.5m
CashDKK 1.4mDKK 469k–
Short-term debtDKK 5.0mDKK 4.4m–
Tax owedDKK 333kDKK 180k–
Avg. employees54–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021136
1 Jan 2020 – 31 Dec 2020126
1 Jan 2019 – 31 Dec 2019114
1 Jan 2018 – 31 Dec 201895
1 Jan 2017 – 31 Dec 201768
1 Jan 2016 – 31 Dec 201644
26 Mar 2015 – 31 Dec 2015148

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
CEOMike HøgfeldtCurrent
Owner (100%)MM International ApSCurrent
Owner (100%)Mike Høgfeldt
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderMike HøgfeldtCurrent

The CEOs' other companies

Mike Høgfeldt – 2 other companies

Address history (3 moves)

Knudlundvej 24, 8653 Them
Poul Larsens Vej 22, 8600 Silkeborg
Silkeborgvej 1A, 8653 Them
Drewsensvej 4, 3. 1, 8600 Silkeborg

Former names

MH Sports Gear ApS – now
MH Sports Gear IVS –

Employees per year

Number of employees at MH Sports Gear ApS per year122017: 020172018: 22018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about MH Sports Gear ApS

Has MH Sports Gear ApS gone bankrupt?

No, MH Sports Gear ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MH Sports Gear 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 MH Sports Gear ApS?

Mike Høgfeldt is the CEO of MH Sports Gear ApS.

Who is the auditor of MH Sports Gear ApS?

MH Sports Gear ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was MH Sports Gear ApS founded?

MH Sports Gear ApS was founded on 26 March 2015.

What is the equity of MH Sports Gear ApS?

Equity was DKK 2.0m 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.