Hedens Mad ApS

CVR 38357719 · Private limited company (ApS) · Active · High risk

Hedens Mad ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 8 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 116k and a net result of DKK -2,621. CEO: Mustafa Ramazan Catalgøl.

Bankruptcy risk for Hedens Mad 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

Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
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
38357719
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Weysesvej 4
7400 Herning
Municipality
Herning
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 50k
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio11.1%
Current ratio113%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 602kDKK 1.1mDKK -2,859
Net profitDKK -2,621DKK -331kDKK -437k
EquityDKK 116kDKK 119kDKK 250k
Total assetsDKK 1.0mDKK 1.7mDKK 1.4m
CashDKK 37kDKK 250k–
Short-term debtDKK 927kDKK 1.6m–
Avg. employees45–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025197 Late
1 Jul 2023 – 30 Jun 2024173
1 Jul 2022 – 30 Jun 2023215 Late
1 Jul 2021 – 30 Jun 2022215 Late
1 Jul 2020 – 30 Jun 2021174
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 201952
24 Jan 2017 – 30 Jun 2018174

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
CEOMustafa Ramazan CatalgølCurrent
Owner (100%)CATALGØL HOLDING ApSCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderCATALGØL HOLDING ApSCurrent

The CEOs' other companies

Mustafa Ramazan Catalgøl – 7 other companies

Address history (2 moves)

Weysesvej 4, 7400 Herning
Cypresvej 6, 7400 Herning
Taksvej 28E, 7400 Herning

Former names

Hedens Mad ApS – now
Karma Esbjerg Storcenter ApS –
Midtvestregnskab ApS –

Other companies at the same address

Similar companies in Herning

Questions and answers about Hedens Mad ApS

Has Hedens Mad ApS gone bankrupt?

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

What is the bankruptcy risk of Hedens Mad 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 Hedens Mad ApS?

Mustafa Ramazan Catalgøl is the CEO of Hedens Mad ApS.

Who is the auditor of Hedens Mad ApS?

Hedens Mad ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was Hedens Mad ApS founded?

Hedens Mad ApS was founded on 24 January 2017.

What is the equity of Hedens Mad ApS?

Equity was DKK 116k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.