Brainchild ApS

CVR 37999806 · Private limited company (ApS) · Active · Low risk

Brainchild ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry billedkunstnerisk skaben. 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 (31 Dec 2025) shows equity of DKK 678k and a net result of DKK 135k. CEO: Martin Brix Midtgaard.

Bankruptcy risk for Brainchild 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
37999806
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Jenny Kammersgaards Vej 11
8700 Horsens
Municipality
Horsens
Industry
Billedkunstnerisk skaben (901200)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio33.8%
Current ratio142%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.5mDKK 2.1mDKK 2.0m
Net profitDKK 135kDKK 620kDKK 292k
EquityDKK 678kDKK 1.1mDKK 823k
Total assetsDKK 2.0mDKK 2.3mDKK 2.1m
CashDKK 914kDKK 872k–
Short-term debtDKK 1.3mDKK 1.1m–
Tax owedDKK 41kDKK 174k–
Avg. employees32–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025126
1 Jan 2024 – 31 Dec 202486
1 Jan 2023 – 31 Dec 2023170
1 Jan 2022 – 31 Dec 2022115
1 Jan 2021 – 31 Dec 2021124
1 Jan 2020 – 31 Dec 202063
1 Jan 2019 – 31 Dec 2019105
1 Jan 2018 – 31 Dec 2018148
12 Sep 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
CEOMartin Brix MidtgaardCurrent
Owner (100%)Brix Midtgaard Holding ApSCurrent
Owner (100%)Martin Brix Midtgaard
FounderMartin Brix MidtgaardCurrent

The CEOs' other companies

Martin Brix Midtgaard – 2 other companies

Address history (4 moves)

Jenny Kammersgaards Vej 11, 8700 Horsens
c/o Martin Brix Midtgaard, Skovgaardsgade 17, st., 8000 Aarhus C
c/o Martin Brix Midtgaard, Sundbakken 50, 8700 Horsens
c/o Martin Brix Midtgaard, Hasle Centervej 275, 4. th, 8210 Aarhus V
c/o Martin Brix Midtgaard, Hasle Centervej 275, 8210 Aarhus V

Former names

Brainchild ApS – now
brainchild IVS –

Employees per year

Number of employees at Brainchild ApS per year112017: 020172018: 12018

Other companies at the same address

Similar companies in Horsens

Questions and answers about Brainchild ApS

Has Brainchild ApS gone bankrupt?

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

What is the bankruptcy risk of Brainchild 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 Brainchild ApS?

Martin Brix Midtgaard is the CEO of Brainchild ApS.

When was Brainchild ApS founded?

Brainchild ApS was founded on 12 September 2016.

What is the equity of Brainchild ApS?

Equity was DKK 678k 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.