Michaels Ejendomme ApS

CVR 36989580 · Private limited company (ApS) · Active · Low risk

Michaels Ejendomme ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 11 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 3.4m and a net result of DKK -199k. CEO: Michael Østergaard Mathiasen.

Bankruptcy risk for Michaels Ejendomme ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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 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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
36989580
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Bjerget 22
6800 Varde
Municipality
Varde
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityNo
Equity ratio24.5%
Current ratio53%
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 731kDKK 1.7mDKK 650k
Net profitDKK -199kDKK 489kDKK -10k
EquityDKK 3.4mDKK 1.8mDKK 1.3m
Total assetsDKK 13.9mDKK 16.0mDKK 13.4m
CashDKK 0DKK 2.5m–
Short-term debtDKK 1.7mDKK 3.5m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021139
1 Jan 2020 – 31 Dec 202082
1 Jan 2019 – 31 Dec 2019185 Late
1 Jan 2018 – 31 Dec 201880
1 Jan 2017 – 31 Dec 201761
1 Jan 2016 – 31 Dec 2016152
17 Aug 2015 – 31 Dec 2015132

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 Østergaard MathiasenCurrent
Owner (100%)MICHAELS AUTOMOBILER HOLDING ApSCurrent
Owner (100%)Michael Østergaard Mathiasen
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderMichael Østergaard MathiasenCurrent

The CEOs' other companies

Michael Østergaard Mathiasen – 3 other companies

Address history (0 moves)

Bjerget 22, 6800 Varde

Other companies at the same address

Similar companies in Varde

Questions and answers about Michaels Ejendomme ApS

Has Michaels Ejendomme ApS gone bankrupt?

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

What is the bankruptcy risk of Michaels Ejendomme ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Michaels Ejendomme ApS?

Michael Østergaard Mathiasen is the CEO of Michaels Ejendomme ApS.

Who is the auditor of Michaels Ejendomme ApS?

Michaels Ejendomme ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Michaels Ejendomme ApS founded?

Michaels Ejendomme ApS was founded on 17 August 2015.

What is the equity of Michaels Ejendomme ApS?

Equity was DKK 3.4m 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.