Michael Baand ApS

CVR 38048112 · Private limited company (ApS) · Active · Low risk

Michael Baand ApS is a Private limited company (ApS), founded on , based in Silkeborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 199k and a net result of DKK -59k. CEO: Michael Baand.

Bankruptcy risk for Michael Baand ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
38048112
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Drejergårdsvej 10
8600 Silkeborg
Municipality
Silkeborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio98.5%
Current ratio1,248%
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 -4,102DKK -4,101DKK -2,602
Net profitDKK -59kDKK -97kDKK 4,246
EquityDKK 199kDKK 325kDKK 484k
Total assetsDKK 202kDKK 328kDKK 487k
CashDKK 37kDKK 34k–
Short-term debtDKK 2,999DKK 2,999–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202582
1 Jan 2024 – 31 Dec 202483
1 Jan 2023 – 31 Dec 2023101
1 Jan 2022 – 31 Dec 202281
1 Jan 2021 – 31 Dec 202176
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 201990
1 Jan 2018 – 31 Dec 201844
29 Sep 2016 – 31 Dec 201737

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 BaandCurrent
Owner (100%)Michael BaandCurrent
FounderMichael BaandCurrent

The CEOs' other companies

Michael Baand – 1 other companies

Address history (0 moves)

Drejergårdsvej 10, 8600 Silkeborg

Former names

Michael Baand ApS – now
Michael Baand IVS –

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about Michael Baand ApS

Has Michael Baand ApS gone bankrupt?

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

What is the bankruptcy risk of Michael Baand ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Michael Baand ApS?

Michael Baand is the CEO of Michael Baand ApS.

Who is the auditor of Michael Baand ApS?

Michael Baand ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was Michael Baand ApS founded?

Michael Baand ApS was founded on 29 September 2016.

What is the equity of Michael Baand ApS?

Equity was DKK 199k 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.