M.S. Development ApS

CVR 38596349 · Private limited company (ApS) · Active · Low risk

M.S. Development ApS is a Private limited company (ApS), founded on , based in Tisvildeleje. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 10 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 2.2m and a net result of DKK 79k. CEO: Michael Mansa.

Bankruptcy risk for M.S. Development ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
38596349
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Nordhusvej 1B
3220 Tisvildeleje
Municipality
Gribskov
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 131k
Employees
1 (2018)
Auditor
Nordkyst Revision P/S
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityNo
Equity ratio12.2%
Current ratio17%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 823kDKK 491k
Net profitDKK 79kDKK -360k
EquityDKK 2.2mDKK 2.1m
Total assetsDKK 18.0mDKK 18.1m
CashDKK 202k–
Short-term debtDKK 15.8m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Nordkyst Revision P/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202570
1 Jan 2024 – 31 Dec 2024122
1 Jan 2023 – 31 Dec 202339
1 Jan 2022 – 31 Dec 202259
1 Jan 2021 – 31 Dec 2021168
1 Jan 2020 – 31 Dec 2020139
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 2016158

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 MansaCurrent
CEOSigurd Bjarnason Kongsgaard
Owner (100%)M. MANSA MANAGEMENT HOLDING ApSCurrent
Owner (67%)Michael Mansa
Owner (20%)Sigurd Bjarnason Kongsgaard
Owner (67%)M. MANSA MANAGEMENT HOLDING ApS
Owner (20%)SIGURD KONGSGAARD HOLDING ApS
AuditorNORDKYST REVISION GODKENDT REVISIONSPARTNERSELSKAB

The CEOs' other companies

Michael Mansa – 12 other companies, of which 1 bankrupt

Sigurd Bjarnason Kongsgaard – 9 other companies

Address history (1 moves)

Nordhusvej 1B, 3220 Tisvildeleje
Krakasvej 17, 3400 Hillerød

Employees per year

Number of employees at M.S. Development ApS per year112018: 12018

Other companies at the same address

Similar companies in Gribskov

Questions and answers about M.S. Development ApS

Has M.S. Development ApS gone bankrupt?

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

What is the bankruptcy risk of M.S. Development 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 M.S. Development ApS?

Michael Mansa is the CEO of M.S. Development ApS.

Who is the auditor of M.S. Development ApS?

M.S. Development ApS most recently used Nordkyst Revision P/S.

When was M.S. Development ApS founded?

M.S. Development ApS was founded on 21 February 2017.

What is the equity of M.S. Development ApS?

Equity was DKK 2.2m 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.