MgO Group ApS

CVR 37852899 · Private limited company (ApS) · Active · Low risk

MgO Group ApS is a Private limited company (ApS), founded on , based in Smørum. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. 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, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 5.6m and a net result of DKK 3.3m. CEO: Martin Hjorth.

Bankruptcy risk for MgO Group 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

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Postcode changes3+ · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×

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
37852899
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Råbrovej 62A
2765 Smørum
Municipality
Egedal
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
9 (2018)
Auditor
SR REVISION GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late6 of 9
Missing annual reportNo
Negative equityNo
Equity ratio57.1%
Current ratio227%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 15.9mDKK 6.8mDKK 10.6m
Net profitDKK 3.3mDKK 1.9mDKK 959k
EquityDKK 5.6mDKK 2.4mDKK 459k
Total assetsDKK 9.9mDKK 13.8mDKK 6.7m
CashDKK 1.6mDKK 2.3m–
Short-term debtDKK 4.2mDKK 11.4m–
Tax owedDKK 0DKK 279k–
Avg. employees1915–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · SR Revision Godkendt revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024213 Late
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022219 Late
1 Jan 2021 – 31 Dec 2021203 Late
1 Jan 2020 – 31 Dec 2020217 Late
1 Jan 2019 – 31 Dec 2019257 Late
1 Jan 2018 – 31 Dec 201872
1 Jul 2016 – 31 Dec 2017148

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
CEOMartin HjorthCurrent
CEOMery Lee Gomes Hjorth
Owner (100%)MHjorth Holding ApSCurrent
Owner (100%)Mery Lee Gomes Hjorth
Owner (100%)Martin Hjorth
AuditorSR REVISION GODKENDT REVISIONSAKTIESELSKABCurrent
AuditorGE REVISION & RÅDGIVNING, REGISTRERET REVISIONSANPARTSSELSKAB
FounderMery Lee Gomes HjorthCurrent

The CEOs' other companies

Martin Hjorth – 3 other companies, of which 1 bankrupt

Address history (5 moves)

Råbrovej 62A, 2765 Smørum
Råbrovej 62A, 2765 Smørum
Hejningevej 6A, 4200 Slagelse
Pladehals Allé 41, 7. th, 2450 København SV
Alliancevej 37, 4. th, 2450 København SV
Bjørnsonsvej 27, 2500 Valby

Former names

MgO Group ApS – now
MgO Group IVS –

Employees per year

Number of employees at MgO Group ApS per year592016: 020162017: 220172018: 92018

Other companies at the same address

Similar companies in Egedal

Questions and answers about MgO Group ApS

Has MgO Group ApS gone bankrupt?

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

What is the bankruptcy risk of MgO Group 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 MgO Group ApS?

Martin Hjorth is the CEO of MgO Group ApS.

Who is the auditor of MgO Group ApS?

MgO Group ApS most recently used SR REVISION GODKENDT REVISIONSAKTIESELSKAB.

When was MgO Group ApS founded?

MgO Group ApS was founded on 21 June 2016.

What is the equity of MgO Group ApS?

Equity was DKK 5.6m 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.