MIBbagværk ApS

CVR 38030388 · Private limited company (ApS) · Active · Medium risk

MIBbagværk ApS is a Private limited company (ApS), founded on , based in Skødstrup. The company is registered in the industry fremstilling af friske bageriprodukter. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 9 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -2.9m and a net result of DKK -2.0m. CEO: Martin Ib.

Bankruptcy risk for MIBbagværk ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
38030388
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Stationsvangen 5
8541 Skødstrup
Municipality
Aarhus
Industry
Fremstilling af friske bageriprodukter (107120)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 50k
Employees
7 (2018)
Auditor
Revisionsfirmaet Lars Olsen Registreret Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-93.8%
Current ratio75%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies2
Other companies at the address56
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 4.9mDKK 6.3m
Net profitDKK -2.0mDKK -296k
EquityDKK -2.9mDKK -929k
Total assetsDKK 3.1mDKK 3.2m
Short-term debtDKK 3.3m–
Avg. employees19–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revisionsfirmaet Lars Olsen A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025136
1 Jul 2023 – 30 Jun 2024158
1 Jul 2022 – 30 Jun 2023152
1 Jul 2021 – 30 Jun 2022147
1 Jul 2020 – 30 Jun 2021146
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019149
1 Jul 2017 – 30 Jun 2018166
16 Sep 2016 – 30 Jun 2017136

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 IbCurrent
CEOThomas Nicolaj Wolf
Owner (100%)Martin Ib A/SCurrent
Owner (50%)MARTIN IB HOLDING ApS
Owner (50%)The Wolf Holding ApS
AuditorRevisionsfirmaet Lars Olsen Registreret RevisionsaktieselskabCurrent
AuditorRevisorerne Godkendt Revisionsanpartsselskab
AuditorRevisionsfirmaet Lars Olsen Registreret Revisionsaktieselskab
FounderMARTIN IB HOLDING ApSCurrent
FounderThe Wolf Holding ApSCurrent

The CEOs' other companies

Martin Ib – 25 other companies, of which 4 bankrupt

Thomas Nicolaj Wolf – 1 other companies

Address history (1 moves)

Stationsvangen 5, 8541 Skødstrup
Vejlby Centervej 51, 8240 Risskov

Employees per year

Number of employees at MIBbagværk ApS per year472016: 420162017: 420172018: 72018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about MIBbagværk ApS

Has MIBbagværk ApS gone bankrupt?

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

What is the bankruptcy risk of MIBbagværk ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of MIBbagværk ApS?

Martin Ib is the CEO of MIBbagværk ApS.

Who is the auditor of MIBbagværk ApS?

MIBbagværk ApS most recently used Revisionsfirmaet Lars Olsen Registreret Revisionsaktieselskab.

When was MIBbagværk ApS founded?

MIBbagværk ApS was founded on 16 September 2016.

What is the equity of MIBbagværk ApS?

Equity was DKK -2.9m according to the annual report for the period ending 30 June 2025.

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