Midan Holding ApS

CVR 37152854 · Private limited company (ApS) · Active · Low risk

Midan Holding ApS is a Private limited company (ApS), founded on , based in Kalvehave. The company is registered in the industry rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.2m and a net result of DKK 99k.

Bankruptcy risk for Midan Holding ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · 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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
37152854
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Udsigten 1E
4771 Kalvehave
Municipality
Vordingborg
Industry
Rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder (711210)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 50k
Employees
1 (2018)
Auditor
KvalitetsRevision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio75.5%
Current ratio63%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -9,593DKK -9,553
Net profitDKK 99kDKK 65k
EquityDKK 1.2mDKK 1.1m
Total assetsDKK 1.6mDKK 1.4m
CashDKK 50k–
Short-term debtDKK 394k–
Tax owedDKK 22k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · KvalitetsRevision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025139
1 Jan 2024 – 31 Dec 2024120
1 Jan 2023 – 31 Dec 202346
1 Jan 2022 – 31 Dec 202275
1 Jan 2021 – 31 Dec 202180
1 Jan 2020 – 31 Dec 202048
1 Jan 2019 – 31 Dec 201984
1 Jan 2018 – 31 Dec 201881
1 Jan 2017 – 31 Dec 2017176
13 Oct 2015 – 31 Dec 201632

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
Owner (100%)Michael Elgaard SørensenCurrent
FounderMichael Elgaard SørensenCurrent

Address history (3 moves)

Udsigten 1E, 4771 Kalvehave
Flagspættevej 5, 4700 Næstved
Langdyssen 32, 4700 Næstved
c/o Pia Sørensen, Nansensvej 2, 4750 Lundby

Former names

Midan Holding ApS – now
Midan IVS –

Employees per year

Number of employees at Midan Holding ApS per year112016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Vordingborg

Questions and answers about Midan Holding ApS

Has Midan Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Midan Holding ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the auditor of Midan Holding ApS?

Midan Holding ApS most recently used KvalitetsRevision.

When was Midan Holding ApS founded?

Midan Holding ApS was founded on 13 October 2015.

What is the equity of Midan Holding ApS?

Equity was DKK 1.2m 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.