Michael Krogh ApS

CVR 37894974 · Private limited company (ApS) · Active · High risk

Michael Krogh ApS is a Private limited company (ApS), founded on , based in Sandved. The company is registered in the industry vejgodstransport. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 53k and a net result of DKK -36k. CEO: Michael Krogh.

Bankruptcy risk for Michael Krogh ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
37894974
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Møllevej 32
4262 Sandved
Municipality
Næstved
Industry
Vejgodstransport (494100)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 50k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio18.0%
Current ratio28%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 171kDKK 403kDKK 290k
Gross profitDKK -80kDKK 465kDKK 103k
Net profitDKK -36kDKK 354kDKK 72k
EquityDKK 53kDKK 89kDKK -266k
Total assetsDKK 293kDKK 459kDKK 239k
CashDKK 4,040DKK 121k–
Short-term debtDKK 240kDKK 315k–
Avg. employees–0–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023167
1 Jan 2022 – 31 Dec 2022168
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019213 Late
1 Jan 2018 – 31 Dec 2018164 Restated
26 Jul 2016 – 31 Dec 2017152

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 KroghCurrent
Owner (100%)Michael KroghCurrent
FounderEjendomsselskabet Sandved ApSCurrent

The CEOs' other companies

Michael Krogh – 5 other companies, of which 1 bankrupt

Address history (0 moves)

Møllevej 32, 4262 Sandved

Employees per year

Number of employees at Michael Krogh ApS per year112016: 120162017: 120172018: 02018

Other companies at the same address

Similar companies in Næstved

Questions and answers about Michael Krogh ApS

Has Michael Krogh ApS gone bankrupt?

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

What is the bankruptcy risk of Michael Krogh ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Michael Krogh ApS?

Michael Krogh is the CEO of Michael Krogh ApS.

When was Michael Krogh ApS founded?

Michael Krogh ApS was founded on 26 July 2016.

What is the equity of Michael Krogh ApS?

Equity was DKK 53k 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.