Madsen Byg og Bolig ApS

CVR 37837148 · Private limited company (ApS) · Active · Very high risk

Madsen Byg og Bolig ApS is a Private limited company (ApS), founded on , based in Aalborg Øst. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 10.9% over the next 12 months, which is 7.7 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 424k and a net result of DKK 133k.

Bankruptcy risk for Madsen Byg og Bolig ApS

10.9%
probability of bankruptcy within 12 months
Very high risk

7.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
37837148
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Michael Madsen, Svendborgvej 11
9220 Aalborg Øst
Municipality
Aalborg
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 85k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio4.4%
Current ratio81%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 4.4mDKK 2.2mDKK 292k
Net profitDKK 133kDKK 149kDKK 5,779
EquityDKK 424kDKK 292kDKK 142k
Total assetsDKK 9.6mDKK 6.7mDKK 1.1m
CashDKK 363––
Short-term debtDKK 6.0mDKK 4.6m–
Avg. employees84–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202597
1 Jan 2024 – 31 Dec 202463
1 Jan 2023 – 31 Dec 202354
1 Jan 2022 – 31 Dec 202251
1 Jan 2021 – 31 Dec 202152
1 Jan 2020 – 31 Dec 2020107
1 Jan 2019 – 31 Dec 201990
1 Jan 2018 – 31 Dec 201894
1 Jan 2017 – 31 Dec 2017114
29 Jun 2016 – 31 Dec 201685

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 Elgaard Madsen
Owner (100%)Michael Elgaard MadsenCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderMichael Elgaard MadsenCurrent

The CEOs' other companies

Michael Elgaard Madsen – 5 other companies

Address history (2 moves)

c/o Michael Madsen, Svendborgvej 11, 9220 Aalborg Øst
Kirkebakken 3, 9640 Farsø
Krogstrupvej 16, 9640 Farsø

Former names

Madsen Byg og Bolig ApS – now
Michael Elgaard Madsen Holding ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Madsen Byg og Bolig ApS

Has Madsen Byg og Bolig ApS gone bankrupt?

No, Madsen Byg og Bolig ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Madsen Byg og Bolig ApS?

Our model estimates a bankruptcy risk of 10.9% over the next 12 months (very high risk), which is 7.7 times the average for Danish companies.

Who is the auditor of Madsen Byg og Bolig ApS?

Madsen Byg og Bolig ApS most recently used Beierholm.

When was Madsen Byg og Bolig ApS founded?

Madsen Byg og Bolig ApS was founded on 29 June 2016.

What is the equity of Madsen Byg og Bolig ApS?

Equity was DKK 424k 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.