MA Holding Skagen ApS

CVR 38337297 · Private limited company (ApS) · Active · High risk

MA Holding Skagen ApS is a Private limited company (ApS), founded on , based in Skagen. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 9 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -558k and a net result of DKK -1.1m. CEO: Michael Kjær Andersen.

Bankruptcy risk for MA Holding Skagen ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
38337297
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Kavallerivej 5
9990 Skagen
Municipality
Frederikshavn
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-1,920.9%
Current ratio3%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -8,635DKK -8,453DKK -8,751
Net profitDKK -1.1mDKK -234kDKK -195k
EquityDKK -558kDKK 567kDKK 801k
Total assetsDKK 29kDKK 1.1mDKK 1.3m
Short-term debtDKK 587kDKK 504k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025189 Late
1 Jan 2024 – 31 Dec 2024201 Late
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022213 Late
1 Jan 2021 – 31 Dec 2021107
1 Jan 2020 – 31 Dec 2020140
1 Jan 2019 – 31 Dec 2019237 Late
1 Jan 2018 – 31 Dec 2018144
16 Jan 2017 – 31 Dec 2017156

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 Kjær AndersenCurrent
Owner (100%)Michael Kjær AndersenCurrent
FounderMichael Kjær AndersenCurrent

The CEOs' other companies

Michael Kjær Andersen – 4 other companies, of which 1 bankrupt

Address history (2 moves)

Kavallerivej 5, 9990 Skagen
Fiskergangen 10, 9990 Skagen
Daphnesvej 17A, 9990 Skagen

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about MA Holding Skagen ApS

Has MA Holding Skagen ApS gone bankrupt?

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

What is the bankruptcy risk of MA Holding Skagen ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of MA Holding Skagen ApS?

Michael Kjær Andersen is the CEO of MA Holding Skagen ApS.

Who is the auditor of MA Holding Skagen ApS?

MA Holding Skagen ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MA Holding Skagen ApS founded?

MA Holding Skagen ApS was founded on 16 January 2017.

What is the equity of MA Holding Skagen ApS?

Equity was DKK -558k 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.