Mads Armgaard ApS

CVR 36945478 · Private limited company (ApS) · Active · Low risk

Mads Armgaard ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry fotografiske aktiviteter. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 9 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 175k and a net result of DKK -236k. CEO: Mads Peter Armgaard.

Bankruptcy risk for Mads Armgaard ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
36945478
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Vermundsgade 40A, 4.
2100 København Ø
Municipality
København
Industry
Fotografiske aktiviteter (742000)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 50k
Employees
1 (2018)
Auditor
Dansk Revision Søborg, Statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio8.8%
Current ratio88%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address131
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 935kDKK 1.4m
Net profitDKK -236kDKK 491k
EquityDKK 175kDKK 412k
Total assetsDKK 2.0mDKK 2.0m
CashDKK 438k–
Short-term debtDKK 1.6m–
Tax owedDKK 0–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Dansk Revision Søborg, Statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025157
1 Jul 2023 – 30 Jun 2024170
1 Jul 2022 – 30 Jun 2023165
1 Jul 2021 – 30 Jun 2022165
1 Jul 2020 – 30 Jun 2021134
1 Jul 2019 – 30 Jun 2020170
1 Jul 2018 – 30 Jun 2019145
1 Jan 2017 – 30 Jun 2018164
1 Jul 2015 – 31 Dec 201680

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 ArmgaardCurrent
Owner (100%)MADS ARMGAARD HOLDING ApSCurrent
FounderMADS ARMGAARD HOLDING ApSCurrent

The CEOs' other companies

Mads Peter Armgaard – 7 other companies, of which 1 bankrupt

Address history (0 moves)

Vermundsgade 40A, 4., 2100 København Ø

Employees per year

Number of employees at Mads Armgaard ApS per year112015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in København

Questions and answers about Mads Armgaard ApS

Has Mads Armgaard ApS gone bankrupt?

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

What is the bankruptcy risk of Mads Armgaard ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of Mads Armgaard ApS?

Mads Peter Armgaard is the CEO of Mads Armgaard ApS.

Who is the auditor of Mads Armgaard ApS?

Mads Armgaard ApS most recently used Dansk Revision Søborg, Statsautoriseret revisionsaktieselskab.

When was Mads Armgaard ApS founded?

Mads Armgaard ApS was founded on 1 July 2015.

What is the equity of Mads Armgaard ApS?

Equity was DKK 175k according to the annual report for the period ending 30 June 2025.

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