Midtgaard´s Gulve ApS

CVR 37648078 · Private limited company (ApS) · Active · Medium risk

Midtgaard´s Gulve ApS is a Private limited company (ApS), founded on , based in Ballerup. The company is registered in the industry udførelse af gulvbelægninger og vægbeklædning. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 611k and a net result of DKK 92k. CEO: Peter Midtgaard.

Bankruptcy risk for Midtgaard´s Gulve ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
37648078
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Industriparken 34
2750 Ballerup
Municipality
Ballerup
Industry
Udførelse af gulvbelægninger og vægbeklædning (433300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
5 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio62.0%
Current ratio232%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 807kDKK 624k
Net profitDKK 92kDKK -544k
EquityDKK 611kDKK 519k
Total assetsDKK 985kDKK 1.3m
CashDKK 189k–
Short-term debtDKK 371k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025180
1 Jul 2023 – 30 Jun 2024173
1 Jul 2022 – 30 Jun 2023101
1 Jul 2021 – 30 Jun 2022167
1 Jul 2020 – 30 Jun 2021138
1 Jul 2019 – 30 Jun 2020160
1 Jul 2018 – 30 Jun 201995
1 Jul 2017 – 30 Jun 2018172
15 Apr 2016 – 30 Jun 2017125

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
CEOPeter MidtgaardCurrent
CEOSusie Lihme Andersen
Owner (100%)Peter MidtgaardCurrent
Owner (100%)Susie Lihme Andersen
FounderSusie Lihme AndersenCurrent

Address history (3 moves)

Industriparken 34, 2750 Ballerup
c/o Erhvervsstyrelsen, Dahlerups Pakhus, Langelinie Allé 17, 2100 København Ø
Ringager 18, 2605 Brøndby
Søndre Ringvej 55, 2605 Brøndby

Employees per year

Number of employees at Midtgaard´s Gulve ApS per year352016: 020162017: 420172018: 52018

Other companies at the same address

Similar companies in Ballerup

Questions and answers about Midtgaard´s Gulve ApS

Has Midtgaard´s Gulve ApS gone bankrupt?

No, Midtgaard´s Gulve ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Midtgaard´s Gulve ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Midtgaard´s Gulve ApS?

Peter Midtgaard is the CEO of Midtgaard´s Gulve ApS.

When was Midtgaard´s Gulve ApS founded?

Midtgaard´s Gulve ApS was founded on 15 April 2016.

What is the equity of Midtgaard´s Gulve ApS?

Equity was DKK 611k according to the annual report for the period ending 30 June 2025.

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