Michael Damgaard Nielsen Holding ApS

CVR 38112996 · Private limited company (ApS) · Active · High risk

Michael Damgaard Nielsen Holding ApS is a Private limited company (ApS), founded on , based in Rødby. The company is registered in the industry anden finansiel formidling i.a.n.. 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 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -530k and a net result of DKK -5.4m. CEO: Michael Damgaard Nielsen.

Bankruptcy risk for Michael Damgaard Nielsen Holding 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

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
38112996
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Morten Damgaard Nielsen, Stadionalle 17
4970 Rødby
Municipality
Lolland
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late7 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-8.8%
Current ratio2%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -18kDKK -22kDKK -5,625
Net profitDKK -5.4mDKK -1.1mDKK 373k
EquityDKK -530kDKK 4.9mDKK 6.0m
Total assetsDKK 6.0mDKK 5.6mDKK 6.2m
CashDKK 904DKK 4,464–
Short-term debtDKK 78kDKK 27k–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025194 Late
1 Jan 2024 – 31 Dec 2024194 Late
1 Jan 2023 – 31 Dec 2023193 Late
1 Jan 2022 – 31 Dec 2022200 Late
1 Jan 2021 – 31 Dec 2021196 Late
1 Jan 2020 – 31 Dec 2020216 Late
1 Jan 2019 – 31 Dec 2019190 Late
1 Jan 2018 – 31 Dec 2018182
5 Oct 2016 – 31 Dec 2017151

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 Damgaard NielsenCurrent
Owner (100%)Michael Damgaard NielsenCurrent
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
FounderMichael Damgaard NielsenCurrent

The CEOs' other companies

Michael Damgaard Nielsen – 19 other companies, of which 2 bankrupt

Address history (2 moves)

c/o Morten Damgaard Nielsen, Stadionalle 17, 4970 Rødby
c/o Frank Hansen, Laubsvej 50, 7500 Holstebro
c/o Frank Hansen, Anna Anchers Vej 172, 7500 Holstebro

Other companies at the same address

Similar companies in Lolland

Questions and answers about Michael Damgaard Nielsen Holding ApS

Has Michael Damgaard Nielsen Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Michael Damgaard Nielsen Holding 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 Damgaard Nielsen Holding ApS?

Michael Damgaard Nielsen is the CEO of Michael Damgaard Nielsen Holding ApS.

Who is the auditor of Michael Damgaard Nielsen Holding ApS?

Michael Damgaard Nielsen Holding ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Michael Damgaard Nielsen Holding ApS founded?

Michael Damgaard Nielsen Holding ApS was founded on 5 October 2016.

What is the equity of Michael Damgaard Nielsen Holding ApS?

Equity was DKK -530k 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.