MADS ApS

CVR 38295454 · Private limited company (ApS) · Active · Low risk

MADS ApS is a Private limited company (ApS), founded on , based in Virum. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 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 -4.1m and a net result of DKK -2.1m. CEO: Morten Chrone.

Bankruptcy risk for MADS ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
38295454
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Morten Chrone, Hummeltoften 30
2830 Virum
Municipality
Lyngby-Taarbæk
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Statsautoriseret revisor Michael Stenskrog
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-246.4%
Current ratio0%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -17kDKK -15k
Net profitDKK -2.1mDKK 607k
EquityDKK -4.1mDKK -2.0m
Total assetsDKK 1.7mDKK 3.7m
CashDKK 27–
Short-term debtDKK 16k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Statsautoriseret revisor Michael Stenskrog.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202534
1 Jan 2024 – 31 Dec 202464
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022147
1 Jan 2021 – 31 Dec 2021164
1 Jan 2020 – 31 Dec 2020194 Late
1 Jan 2019 – 31 Dec 2019128
1 Jan 2018 – 31 Dec 2018102
1 Jan 2017 – 31 Dec 2017107

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 ChroneCurrent
Owner (100%)Morten ChroneCurrent
FounderMorten ChroneCurrent

The CEOs' other companies

Morten Chrone – 25 other companies, of which 2 bankrupt

Address history (2 moves)

c/o Morten Chrone, Hummeltoften 30, 2830 Virum
Helsinkigade 18, 6. 3, 2150 Nordhavn
Vejlemosevej 25, 2840 Holte

Similar companies in Lyngby-Taarbæk

Questions and answers about MADS ApS

Has MADS ApS gone bankrupt?

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

What is the bankruptcy risk of MADS ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MADS ApS?

Morten Chrone is the CEO of MADS ApS.

Who is the auditor of MADS ApS?

MADS ApS most recently used Statsautoriseret revisor Michael Stenskrog.

When was MADS ApS founded?

MADS ApS was founded on 1 January 2017.

What is the equity of MADS ApS?

Equity was DKK -4.1m 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.