Michael Glud Holding ApS

CVR 37821527 · Private limited company (ApS) · Active · Low risk

Michael Glud Holding ApS is a Private limited company (ApS), founded on , based in Horsens. 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 0.0 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 32k and a net result of DKK -1,640. CEO: Michael Holm Glud.

Bankruptcy risk for Michael Glud Holding ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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 registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
37821527
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Følfoden 1
8700 Horsens
Municipality
Horsens
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio5.3%
Current ratio16%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1,252DKK -2,522
Net profitDKK -1,640DKK -53k
EquityDKK 32kDKK 34k
Total assetsDKK 607kDKK 107k
CashDKK 12k–
Short-term debtDKK 305k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025168
1 Jul 2023 – 30 Jun 2024166
1 Jul 2022 – 30 Jun 2023173
1 Jul 2021 – 30 Jun 2022184 Late
1 Jul 2020 – 30 Jun 2021175
1 Jul 2019 – 30 Jun 2020342 Late
1 Jul 2018 – 30 Jun 2019173
1 Jul 2017 – 30 Jun 2018159
23 Jun 2016 – 30 Jun 2017165

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 Holm GludCurrent
CEOMichael Holm Glud
Owner (100%)Michael Holm GludCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
FounderMichael Holm GludCurrent

Address history (1 moves)

Følfoden 1, 8700 Horsens
Nybogade 21, st., 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about Michael Glud Holding ApS

Has Michael Glud Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Michael Glud Holding ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Michael Glud Holding ApS?

Michael Holm Glud is the CEO of Michael Glud Holding ApS.

Who is the auditor of Michael Glud Holding ApS?

Michael Glud Holding ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was Michael Glud Holding ApS founded?

Michael Glud Holding ApS was founded on 23 June 2016.

What is the equity of Michael Glud Holding ApS?

Equity was DKK 32k 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.