MPGS Holding ApS

CVR 38121235 · Private limited company (ApS) · Active · Low risk

MPGS Holding ApS is a Private limited company (ApS), founded on , based in Juelsminde. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 135k and a net result of DKK -65k.

Bankruptcy risk for MPGS Holding ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
38121235
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Per Godsk Stelmach, Vestermarksvej 11
7130 Juelsminde
Municipality
Hedensted
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 late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
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 24DKK 41DKK -66
Net profitDKK -65kDKK 50kDKK 152k
EquityDKK 135kDKK 255kDKK 275k
Total assetsDKK 135kDKK 255kDKK 275k
Short-term debtDKK 0DKK 24–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 202038
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018147
11 Oct 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
Owner (100%)Per Godsk StelmachCurrent
Owner (100%)Rick Arnoldus Johannes Musters
FounderRick Arnoldus Johannes MustersCurrent

Address history (2 moves)

c/o Per Godsk Stelmach, Vestermarksvej 11, 7130 Juelsminde
c/o Rick Arnoldus Johannes Musters, Langelinie 58B, st. th, 7100 Vejle
Svendsgade 10, 3. th, 7100 Vejle

Former names

MPGS Holding ApS – now
MPGS Holding IVS –
R.A.J Musters Holding IVS –

Other companies at the same address

Similar companies in Hedensted

Questions and answers about MPGS Holding ApS

Has MPGS Holding ApS gone bankrupt?

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

What is the bankruptcy risk of MPGS Holding ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

When was MPGS Holding ApS founded?

MPGS Holding ApS was founded on 11 October 2016.

What is the equity of MPGS Holding ApS?

Equity was DKK 135k 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.