Michael Nielsen Holding Aars ApS

CVR 37342998 · Private limited company (ApS) · Active · Low risk

Michael Nielsen Holding Aars ApS is a Private limited company (ApS), founded on , based in Aars. 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 8.2m and a net result of DKK -1.1m. CEO: Michael Nielsen.

Bankruptcy risk for Michael Nielsen Holding Aars ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%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×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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
37342998
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Michael Nielsen, Peder Stubsvej 58
9600 Aars
Municipality
Vesthimmerlands
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityNo
Equity ratio84.3%
Current ratio238%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 57kDKK 51kDKK 35k
Net profitDKK -1.1mDKK 1.4mDKK 33k
EquityDKK 8.2mDKK 9.2mDKK 7.9m
Total assetsDKK 9.7mDKK 10.8mDKK 9.8m
CashDKK 460k––
Short-term debtDKK 260kDKK 382k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023157
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019181
1 Jan 2018 – 31 Dec 2018129
1 Jan 2017 – 31 Dec 201796
4 Jan 2016 – 31 Dec 2016147

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 NielsenCurrent
BoardMichael NielsenCurrent
BoardMontree NielsenCurrent
Owner (100%)Michael NielsenCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderMichael NielsenCurrent

The CEOs' other companies

Michael Nielsen – 3 other companies

Address history (1 moves)

c/o Michael Nielsen, Peder Stubsvej 58, 9600 Aars
c/o Michael Nielsen, Stejlmosevej 8, 9600 Aars

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about Michael Nielsen Holding Aars ApS

Has Michael Nielsen Holding Aars ApS gone bankrupt?

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

What is the bankruptcy risk of Michael Nielsen Holding Aars ApS?

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 Michael Nielsen Holding Aars ApS?

Michael Nielsen is the CEO of Michael Nielsen Holding Aars ApS.

Who is the auditor of Michael Nielsen Holding Aars ApS?

Michael Nielsen Holding Aars ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Michael Nielsen Holding Aars ApS founded?

Michael Nielsen Holding Aars ApS was founded on 4 January 2016.

What is the equity of Michael Nielsen Holding Aars ApS?

Equity was DKK 8.2m 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.