Bay Nielsen ApS

CVR 36971185 · Private limited company (ApS) · Active · Low risk

Bay Nielsen ApS is a Private limited company (ApS), founded on , based in Bagsværd. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 900k and a net result of DKK 340k. CEO: Michael Bay Nielsen.

Bankruptcy risk for Bay Nielsen ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%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×

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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
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
36971185
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Hanehøj 29
2880 Bagsværd
Municipality
Gladsaxe
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio74.2%
Current ratio385%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.2mDKK 1.5mDKK 1.1m
Net profitDKK 340kDKK 497kDKK 231k
EquityDKK 900kDKK 1.2mDKK 863k
Total assetsDKK 1.2mDKK 1.7mDKK 1.1m
CashDKK 704kDKK 1.1m–
Short-term debtDKK 314kDKK 554k–
Tax owedDKK 103kDKK 153k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202533
1 Jan 2024 – 31 Dec 202459
1 Jan 2023 – 31 Dec 202329
1 Jan 2022 – 31 Dec 202213
1 Jan 2021 – 31 Dec 202182
1 Jan 2020 – 31 Dec 202011
1 Jan 2019 – 31 Dec 201984
1 Jan 2018 – 31 Dec 2018135
1 Jan 2017 – 31 Dec 2017127
24 Jul 2015 – 31 Dec 201691

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 Bay NielsenCurrent
Owner (100%)Bay Nielsen Holding ApSCurrent
Owner (100%)Michael Bay Nielsen
FounderMichael Bay NielsenCurrent

The CEOs' other companies

Michael Bay Nielsen – 1 other companies

Address history (0 moves)

Hanehøj 29, 2880 Bagsværd

Employees per year

Number of employees at Bay Nielsen ApS per year112015: 020152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about Bay Nielsen ApS

Has Bay Nielsen ApS gone bankrupt?

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

What is the bankruptcy risk of Bay Nielsen ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Bay Nielsen ApS?

Michael Bay Nielsen is the CEO of Bay Nielsen ApS.

When was Bay Nielsen ApS founded?

Bay Nielsen ApS was founded on 24 July 2015.

What is the equity of Bay Nielsen ApS?

Equity was DKK 900k 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.