MG2 Holding ApS

CVR 37827967 · Private limited company (ApS) · Active · Low risk

MG2 Holding ApS is a Private limited company (ApS), founded on , based in Skive. 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. 9 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 30.4m and a net result of DKK -13.1m. CEO: Michael Givskov Jensen.

Bankruptcy risk for MG2 Holding 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
37827967
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Michael Givskov, Frejasvej 3
7800 Skive
Municipality
Skive
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio98.6%
Current ratio136,702%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -14kDKK -9,482
Net profitDKK -13.1mDKK 2.1m
EquityDKK 30.4mDKK 44.2m
Total assetsDKK 30.8mDKK 44.6m
CashDKK 220k–
Short-term debtDKK 7,000–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025134
1 Oct 2023 – 30 Sep 2024102
1 Oct 2022 – 30 Sep 2023171
1 Oct 2021 – 30 Sep 2022166
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 2019118
1 Jan 2018 – 31 Dec 2018105
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016149

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 Givskov JensenCurrent
Owner (100%)Michael Givskov JensenCurrent
Owner (100%)Michael Givskov Jensen
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorULLITS & WINTHER STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMichael Givskov JensenCurrent

The CEOs' other companies

Michael Givskov Jensen – 9 other companies, of which 1 bankrupt

Address history (1 moves)

c/o Michael Givskov, Frejasvej 3, 7800 Skive
Industrivej 9, 7870 Roslev

Other companies at the same address

Similar companies in Skive

Questions and answers about MG2 Holding ApS

Has MG2 Holding ApS gone bankrupt?

No, MG2 Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MG2 Holding 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 MG2 Holding ApS?

Michael Givskov Jensen is the CEO of MG2 Holding ApS.

Who is the auditor of MG2 Holding ApS?

MG2 Holding ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was MG2 Holding ApS founded?

MG2 Holding ApS was founded on 17 June 2016.

What is the equity of MG2 Holding ApS?

Equity was DKK 30.4m according to the annual report for the period ending 30 September 2025.

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