Morfars Bygservice ApS

CVR 37252611 · Private limited company (ApS) · Active · High risk

Morfars Bygservice ApS is a Private limited company (ApS), founded on , based in Ringsted. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 (30 Sep 2025) shows equity of DKK -42k and a net result of DKK -30k. CEO: Helge Vagn Jensen.

Bankruptcy risk for Morfars Bygservice ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
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 auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Published annual reports10+ · bankruptcy rate 3.0%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's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×

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
37252611
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Rugvænget 10
4100 Ringsted
Municipality
Ringsted
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
0 (2018)
Auditor
Revision København, godkendtrevisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-44.9%
Current ratio48%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
RevenueDKK 498kDKK 558k
Gross profitDKK 316kDKK 412k
Net profitDKK -30kDKK 43k
EquityDKK -42kDKK -12k
Total assetsDKK 94kDKK 87k
CashDKK 22k–
Short-term debtDKK 136k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision København, godkendtrevisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025128
1 Oct 2023 – 30 Sep 202443
1 Oct 2022 – 30 Sep 202375
1 Oct 2021 – 30 Sep 2022173
1 Oct 2020 – 30 Sep 2021151
1 Oct 2019 – 30 Sep 2020104
1 Oct 2018 – 30 Sep 2019102
1 Oct 2017 – 30 Sep 201853
1 Oct 2016 – 30 Sep 2017240 Late
24 Nov 2015 – 30 Sep 2016149

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
CEOHelge Vagn JensenCurrent
CEOStefan Sylvest Olsen
CEOHelge Vagn Jensen
Owner (100%)Signe Nordstrøm GraulundCurrent
FounderStefan Sylvest OlsenCurrent

The CEOs' other companies

Helge Vagn Jensen – 1 other companies, of which 1 bankrupt

Address history (2 moves)

Rugvænget 10, 4100 Ringsted
Slimmingevej 59, 4100 Ringsted
Magleskovvej 7, 4140 Borup

Former names

Morfars Bygservice ApS – now
Nice-Style ApS –

Employees per year

Number of employees at Morfars Bygservice ApS per year112018: 02018

Other companies at the same address

Similar companies in Ringsted

Questions and answers about Morfars Bygservice ApS

Has Morfars Bygservice ApS gone bankrupt?

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

What is the bankruptcy risk of Morfars Bygservice ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Morfars Bygservice ApS?

Helge Vagn Jensen is the CEO of Morfars Bygservice ApS.

Who is the auditor of Morfars Bygservice ApS?

Morfars Bygservice ApS most recently used Revision København, godkendtrevisionspartnerselskab.

When was Morfars Bygservice ApS founded?

Morfars Bygservice ApS was founded on 24 November 2015.

What is the equity of Morfars Bygservice ApS?

Equity was DKK -42k according to the annual report for the period ending 30 September 2025.

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