MGInnovate A/S
CVR 37150797 · Public limited company (A/S) · Active · Low risk
MGInnovate A/S is a Public limited company (A/S), founded on , based in Brønshøj. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 10 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 924k and a net result of DKK 227k. CEO: Morten Åström Grum.
Bankruptcy risk for MGInnovate A/S
0.1 × the average (1.41%) · higher risk than 38% of active Danish companies
Increases the risk
Reduces the risk
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
- 37150797
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (11 years)
- Address
- Fjenneslevvej 23, st.
2700 Brønshøj - Municipality
- København
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 400k
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 10 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 93.2% |
| Current ratio | 0% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | DKK 0 | DKK 0 | DKK 0 |
| Gross profit | DKK -19k | DKK -4,569 | DKK -4,713 |
| Net profit | DKK 227k | DKK 527k | DKK 326k |
| Equity | DKK 924k | DKK 697k | DKK 170k |
| Total assets | DKK 991k | DKK 747k | DKK 218k |
| Cash | DKK 0 | DKK 1,478 | – |
| Short-term debt | DKK 67k | DKK 50k | – |
| Avg. employees | 0 | 0 | – |
Latest annual report: Reporting class B · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 33 | ||
| 1 Jan 2024 – 31 Dec 2024 | 36 | ||
| 1 Jan 2023 – 31 Dec 2023 | 6 | ||
| 1 Jan 2022 – 31 Dec 2022 | 21 | ||
| 1 Jan 2021 – 31 Dec 2021 | 152 | ||
| 1 Jan 2020 – 31 Dec 2020 | 185 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 76 | ||
| 1 Jan 2018 – 31 Dec 2018 | 88 | ||
| 1 Jan 2017 – 31 Dec 2017 | 149 | ||
| 9 Oct 2015 – 31 Dec 2016 | 76 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Morten Åström Grum | Current | |
| CEO | Mads Kristian Hartvig Jensen | ||
| Board | Morten Åström Grum | Current | |
| Board | Jonas Grum | Current | |
| Board | Nicolai Grum | Current | |
| Owner (100%) | Morten Åström Grum | Current | |
| Owner (100%) | Mads Kristian Hartvig Jensen | ||
| Founder | Mads Kristian Hartvig Jensen | Current |
The CEOs' other companies
Morten Åström Grum – 1 other companies
- InflowGo ApS Active
Mads Kristian Hartvig Jensen – 18 other companies, of which 3 bankrupt
- AFVIKLINGSSELSKABET CI AF 28. APRIL 2003 A/S Bankrupt 15 May 2003
- COMAD FURNITURE A/S Bankrupt 19 Jun 2006
- SHIPTRANS HOLDING A/S Bankrupt 10 Nov 2003
- ENETPULSE ApS Active
- FIRST MOVER CAPITAL A/S Active
- Guldborg Sund ApS Active
- InflowGo ApS Active
- J.S.M. INVEST A/S Fusioneret
- JENSENGRILL A/S Active
- M.H.J. A/S Active
- MONTE CRISTO ApS Active
- ORYX ApS Active
- ORYX FOOD VENTURE ApS Active
- ORYX INVEST A/S Active
- RASK FOOD ApS Active
- S.J. A/S Active
- THYREGOD A/S Active
- TWIN HOLDING ApS Active
Address history (1 moves)
| Fjenneslevvej 23, st., 2700 Brønshøj | |
| Kongens Tværvej 2, 2000 Frederiksberg |
Former names
| MGInnovate A/S | – now |
| MGInnovate ApS | – |
| MGInnovate IVS | – |
Other companies at the same address
- InflowGo ApS Active
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- B. EYDE-JØRGENSEN ApS København V
- BRØDR. JØRGENSEN HOLDING A/S København K
- GULDBERG EJENDOMS- OG INVESTERINGSSELSKAB A/S København N
Questions and answers about MGInnovate A/S
Has MGInnovate A/S gone bankrupt?
No, MGInnovate A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of MGInnovate A/S?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.
Who is the CEO of MGInnovate A/S?
Morten Åström Grum is the CEO of MGInnovate A/S.
When was MGInnovate A/S founded?
MGInnovate A/S was founded on 9 October 2015.
What is the equity of MGInnovate A/S?
Equity was DKK 924k 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.