M. Thinggaard Holding ApS

CVR 38046772 · Private limited company (ApS) · Active · Low risk

M. Thinggaard Holding ApS is a Private limited company (ApS), founded on , based in Aarhus N. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 71k and a net result of DKK 6,202. CEO: Morten Thinggaard Sørensen.

Bankruptcy risk for M. Thinggaard Holding ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
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 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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
38046772
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Morten Thinggaard, Jens Baggesens Vej 92B, 2. tv
8200 Aarhus N
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio25.6%
Current ratio97%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -633DKK -3,213
Net profitDKK 6,202DKK -3,401
EquityDKK 71kDKK 65k
Total assetsDKK 278kDKK 250k
CashDKK 4,735–
Short-term debtDKK 207k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025163
1 Jul 2023 – 30 Jun 2024131
1 Jul 2022 – 30 Jun 2023184 Late
1 Jul 2021 – 30 Jun 2022185 Late
1 Jul 2020 – 30 Jun 2021160
1 Jul 2019 – 30 Jun 2020161
1 Jul 2018 – 30 Jun 2019162
1 Jul 2017 – 30 Jun 2018163
28 Sep 2016 – 30 Jun 2017157

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
CEOMorten Thinggaard SørensenCurrent
BoardMorten Thinggaard SørensenCurrent
BoardNikolaj HyldigCurrent
Owner (100%)Morten Thinggaard SørensenCurrent
FounderMorten Thinggaard SørensenCurrent

The CEOs' other companies

Morten Thinggaard Sørensen – 3 other companies

Address history (1 moves)

c/o Morten Thinggaard, Jens Baggesens Vej 92B, 2. tv, 8200 Aarhus N
c/o Morten Thinggaard Sørensen, Lien 34, 7700 Thisted

Former names

M. Thinggaard Holding ApS – now
M Thinggaard Holding IVS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about M. Thinggaard Holding ApS

Has M. Thinggaard Holding ApS gone bankrupt?

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

What is the bankruptcy risk of M. Thinggaard Holding ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of M. Thinggaard Holding ApS?

Morten Thinggaard Sørensen is the CEO of M. Thinggaard Holding ApS.

When was M. Thinggaard Holding ApS founded?

M. Thinggaard Holding ApS was founded on 28 September 2016.

What is the equity of M. Thinggaard Holding ApS?

Equity was DKK 71k 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.