MIGADAN A/S
CVR 37810517 · Public limited company (A/S) · Active · Low risk
MIGADAN A/S is a Public limited company (A/S), founded on , based in Odense SV. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 22.1m and a net result of DKK 3.6m. CEO: Michael Garbers.
Bankruptcy risk for MIGADAN A/S
0.0 × the average (1.41%) · higher risk than 0% of active Danish companies
Increases the risk
Reduces the risk
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
- 37810517
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (69 years)
- Address
- Byghøjvej 12
5250 Odense SV - Municipality
- Odense
- Industry
- Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 1.0m
- Employees
- 8 (2018)
- Auditor
- Cedra Godkendt Revisionsaktieselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 31 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 77.0% |
| Current ratio | 403% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 4 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 14.1m | DKK 13.5m |
| Net profit | DKK 3.6m | DKK 3.6m |
| Equity | DKK 22.1m | DKK 19.6m |
| Total assets | DKK 28.7m | DKK 30.2m |
| Cash | DKK 4.6m | – |
| Short-term debt | DKK 6.3m | – |
| Avg. employees | 9 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 78 | ||
| 1 Jan 2024 – 31 Dec 2024 | 73 | ||
| 1 Jan 2023 – 31 Dec 2023 | 99 | ||
| 1 Jan 2022 – 31 Dec 2022 | 76 | ||
| 1 Jan 2021 – 31 Dec 2021 | 63 | ||
| 1 Jan 2020 – 31 Dec 2020 | 71 | ||
| 1 Jan 2019 – 31 Dec 2019 | 73 | ||
| 1 Jan 2018 – 31 Dec 2018 | 57 | ||
| 1 Jan 2017 – 31 Dec 2017 | 64 | ||
| 1 Jan 2016 – 31 Dec 2016 | 65 | ||
| 1 Jan 2015 – 31 Dec 2015 | 62 | ||
| 1 Jan 2014 – 31 Dec 2014 | 62 | ||
| 1 Jan 2013 – 31 Dec 2013 | 56 | ||
| 1 Jan 2012 – 31 Dec 2012 | 71 | ||
| 1 Jan 2011 – 31 Dec 2011 | 61 | ||
| 1 Jan 2010 – 31 Dec 2010 | 87 | ||
| 1 Jan 2009 – 31 Dec 2009 | 81 | ||
| 1 Jan 2008 – 31 Dec 2008 | 64 | ||
| 1 Jan 2007 – 31 Dec 2007 | 84 | ||
| 1 Jan 2006 – 31 Dec 2006 | 85 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Michael Garbers | Current | |
| Board | Michael Garbers | Current | |
| Board | Morten Garbers | Current | |
| Board | Pia Garbers | Current | |
| Board | Line Behrendsen Garbers | Current | |
| Board | Karsten Thygesen | ||
| Board | Walther Knud Valdemar Garbers | ||
| Board | Arne Kielberg | ||
| Board | Pia Garbers | ||
| Board | Morten Garbers | ||
| Board | Lars Rasmussen | ||
| Owner (100%) | MIGADAN HOLDING A/S | Current | |
| Auditor | Cedra Godkendt Revisionsaktieselskab | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB |
The CEOs' other companies
Michael Garbers – 5 other companies
- Horse Training Community ApS Opløst
- MIGA INVEST ApS Active
- MIGA INVEST HOLDING ApS Active
- MIGADAN HOLDING A/S Active
- Miga Horses A/S Active
Address history (0 moves)
| Byghøjvej 12, 5250 Odense SV |
Former names
| MIGADAN A/S | – now |
| A/S MIGA TÆPPER, MØBELSTOF & TÆPPER EN GROS | – |
| A/S ODENSE KRØLHÅRSFABRIK, MØBELSTOF OG TÆPPEIMPORT | – |
Employees per year
Other companies at the same address
- MIGA INVEST ApS Active
- MIGA INVEST HOLDING ApS Active
- MIGADAN HOLDING A/S Active
- Miga Horses A/S Active
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Questions and answers about MIGADAN A/S
Has MIGADAN A/S gone bankrupt?
No, MIGADAN A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of MIGADAN A/S?
Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the CEO of MIGADAN A/S?
Michael Garbers is the CEO of MIGADAN A/S.
Who is the auditor of MIGADAN A/S?
MIGADAN A/S most recently used Cedra Godkendt Revisionsaktieselskab.
When was MIGADAN A/S founded?
MIGADAN A/S was founded on 5 January 1957.
What is the equity of MIGADAN A/S?
Equity was DKK 22.1m 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.