Murerfirmaet Keld Bay ApS

CVR 38406299 · Private limited company (ApS) · Active · Medium risk

Murerfirmaet Keld Bay ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry murerarbejde. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 117k and a net result of DKK 59k. CEO: Keld Kjærgaard Bay.

Bankruptcy risk for Murerfirmaet Keld Bay ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
38406299
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Baldersvej 2
8800 Viborg
Municipality
Viborg
Industry
Murerarbejde (439100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
2 (2018)
Auditor
Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio14.4%
Current ratio113%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.4mDKK 1.5mDKK 2.0m
Net profitDKK 59kDKK -226kDKK 158k
EquityDKK 117kDKK 58kDKK 283k
Total assetsDKK 815kDKK 945kDKK 965k
Short-term debtDKK 698kDKK 887k–
Tax owed–DKK 0–
Avg. employees45–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 202375
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 202153
1 Jan 2020 – 31 Dec 2020113
1 Jan 2019 – 31 Dec 201952
1 Jan 2018 – 31 Dec 201860
8 Feb 2017 – 31 Dec 201722

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
CEOKeld Kjærgaard BayCurrent
Owner (100%)Keld Kjærgaard BayCurrent
FounderKeld Kjærgaard BayCurrent

Address history (1 moves)

Baldersvej 2, 8800 Viborg
Baldersvej 2, 8800 Viborg

Employees per year

Number of employees at Murerfirmaet Keld Bay ApS per year122017: 120172018: 22018

Similar companies in Viborg

Questions and answers about Murerfirmaet Keld Bay ApS

Has Murerfirmaet Keld Bay ApS gone bankrupt?

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

What is the bankruptcy risk of Murerfirmaet Keld Bay ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Murerfirmaet Keld Bay ApS?

Keld Kjærgaard Bay is the CEO of Murerfirmaet Keld Bay ApS.

Who is the auditor of Murerfirmaet Keld Bay ApS?

Murerfirmaet Keld Bay ApS most recently used Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

When was Murerfirmaet Keld Bay ApS founded?

Murerfirmaet Keld Bay ApS was founded on 8 February 2017.

What is the equity of Murerfirmaet Keld Bay ApS?

Equity was DKK 117k 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.