Midtjysk Bilsalg A/S

CVR 36928425 · Public limited company (A/S) · Active · Low risk

Midtjysk Bilsalg A/S is a Public limited company (A/S), founded on , based in Silkeborg. The company is registered in the industry detailhandel med motorkøretøjer. 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 (31 Dec 2025) shows equity of DKK 4.9m and a net result of DKK -554k. CEO: Frank Ramskov Garbus.

Bankruptcy risk for Midtjysk Bilsalg A/S

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

Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Gross profit growth0%–10% · 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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
36928425
Status
Active
Company type
Public limited company (A/S)
Founded
(11 years)
Address
Marienlystvej 2
8600 Silkeborg
Municipality
Silkeborg
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 500k
Employees
4 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityNo
Equity ratio35.2%
Current ratio154%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.9mDKK 1.7m
Net profitDKK -554kDKK -652k
EquityDKK 4.9mDKK 5.4m
Total assetsDKK 13.9mDKK 13.7m
CashDKK 31k–
Short-term debtDKK 9.0m–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019185 Late
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017159
1 Jan 2016 – 31 Dec 2016177
1 Jan 2015 – 31 Dec 2015169

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
CEOFrank Ramskov GarbusCurrent
BoardFrank Ramskov GarbusCurrent
BoardGitte Kristina GarbusCurrent
BoardTobias Martinus Ramskov GarbusCurrent
BoardMathias Kielgast Garbus
Owner (100%)Garbus Invest ApSCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderFrank Ramskov GarbusCurrent

The CEOs' other companies

Frank Ramskov Garbus – 2 other companies

Address history (1 moves)

Marienlystvej 2, 8600 Silkeborg
Nyhøjvej 11, 8600 Silkeborg

Employees per year

Number of employees at Midtjysk Bilsalg A/S per year242015: 220152016: 220162017: 320172018: 42018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about Midtjysk Bilsalg A/S

Has Midtjysk Bilsalg A/S gone bankrupt?

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

What is the bankruptcy risk of Midtjysk Bilsalg 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 Midtjysk Bilsalg A/S?

Frank Ramskov Garbus is the CEO of Midtjysk Bilsalg A/S.

Who is the auditor of Midtjysk Bilsalg A/S?

Midtjysk Bilsalg A/S most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was Midtjysk Bilsalg A/S founded?

Midtjysk Bilsalg A/S was founded on 17 June 2015.

What is the equity of Midtjysk Bilsalg A/S?

Equity was DKK 4.9m 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.