Michael Hvingelby ApS

CVR 38330306 · Private limited company (ApS) · Active · Low risk

Michael Hvingelby 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, 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 252k and a net result of DKK -55k. CEO: Michael Ahm Hvingelby.

Bankruptcy risk for Michael Hvingelby ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%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×
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×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · 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
38330306
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Thorsøskrænten 30
8600 Silkeborg
Municipality
Silkeborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio12.5%
Current ratio2,718%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -12kDKK -11kDKK -11k
Net profitDKK -55kDKK -63kDKK -29k
EquityDKK 252kDKK 375kDKK 499k
Total assetsDKK 2.0mDKK 2.2mDKK 2.9m
CashDKK 2,154DKK 304k–
Short-term debtDKK 5,819DKK 5,800–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022107
1 Jan 2021 – 31 Dec 2021150
1 Jan 2020 – 31 Dec 2020123
1 Jan 2019 – 31 Dec 2019191 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017163

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 Ahm HvingelbyCurrent
Owner (100%)Michael Ahm HvingelbyCurrent
FounderMichael Ahm HvingelbyCurrent

Address history (2 moves)

Thorsøskrænten 30, 8600 Silkeborg
Trankær Mosevej 24, 8310 Tranbjerg J
Randersvej 43, st. tv, 8200 Aarhus N

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Questions and answers about Michael Hvingelby ApS

Has Michael Hvingelby ApS gone bankrupt?

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

What is the bankruptcy risk of Michael Hvingelby 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 Hvingelby ApS?

Michael Ahm Hvingelby is the CEO of Michael Hvingelby ApS.

Who is the auditor of Michael Hvingelby ApS?

Michael Hvingelby ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was Michael Hvingelby ApS founded?

Michael Hvingelby ApS was founded on 1 January 2017.

What is the equity of Michael Hvingelby ApS?

Equity was DKK 252k 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.