Morten Refsgaard ApS

CVR 37665509 · Private limited company (ApS) · Active · Low risk

Morten Refsgaard ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. 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 (30 Apr 2026) shows equity of DKK 496k and a net result of DKK 363k.

Bankruptcy risk for Morten Refsgaard 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · 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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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
37665509
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Morten Refsgaard, Plutovej 29
7100 Vejle
Municipality
Vejle
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
1 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio37.4%
Current ratio185%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 1.1mDKK 1.0mDKK 682k
Net profitDKK 363kDKK 305kDKK 83k
EquityDKK 496kDKK 483kDKK 179k
Total assetsDKK 1.3mDKK 1.0mDKK 725k
CashDKK 469kDKK 727k–
Short-term debtDKK 719kDKK 456k–
Tax owedDKK 93kDKK 22k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026120
1 May 2024 – 30 Apr 202599
1 May 2023 – 30 Apr 2024119
1 May 2022 – 30 Apr 2023121
1 May 2021 – 30 Apr 202269
1 May 2020 – 30 Apr 2021168
1 May 2019 – 30 Apr 2020151
1 May 2018 – 30 Apr 2019118
1 May 2017 – 30 Apr 201863
4 May 2016 – 30 Apr 201761

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%)MORTEN WITT HOLDING ApSCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMORTEN WITT HOLDING ApSCurrent

Address history (1 moves)

c/o Morten Refsgaard, Plutovej 29, 7100 Vejle
c/o Morten Refsgaard, Smaragdvej 5, 6. th, 7100 Vejle

Employees per year

Number of employees at Morten Refsgaard ApS per year112016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Vejle

Questions and answers about Morten Refsgaard ApS

Has Morten Refsgaard ApS gone bankrupt?

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

What is the bankruptcy risk of Morten Refsgaard 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 Morten Refsgaard ApS?

Morten Refsgaard ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Morten Refsgaard ApS founded?

Morten Refsgaard ApS was founded on 4 May 2016.

What is the equity of Morten Refsgaard ApS?

Equity was DKK 496k according to the annual report for the period ending 30 April 2026.

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