MK Biler ApS

CVR 38612298 · Private limited company (ApS) · Active · Low risk

MK Biler ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 8 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 1.4m and a net result of DKK -1.5m. CEO: Martin Kristensen.

Bankruptcy risk for MK Biler ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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×

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
38612298
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Andkærvej 10
7100 Vejle
Municipality
Vejle
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Employees
3 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio27.8%
Current ratio120%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.1mDKK 1.8m
Net profitDKK -1.5mDKK -1.5m
EquityDKK 1.4mDKK 2.9m
Total assetsDKK 5.1mDKK 11.7m
CashDKK 15k–
Short-term debtDKK 3.7m–
Avg. employees7–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025149
1 Oct 2023 – 30 Sep 2024134
1 Oct 2022 – 30 Sep 2023170
1 Oct 2021 – 30 Sep 2022185 Late
1 Oct 2020 – 30 Sep 202177
1 Oct 2019 – 30 Sep 202055
1 Oct 2018 – 30 Sep 201938
1 May 2017 – 30 Sep 201851

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
CEOMartin KristensenCurrent
Owner (100%)Martin Kristensen Holding ApSCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderMartin Kristensen Holding ApSCurrent

The CEOs' other companies

Martin Kristensen – 7 other companies, of which 2 bankrupt

Address history (2 moves)

Andkærvej 10, 7100 Vejle
Dandyvej 5E, 7100 Vejle
Ibæk Strandvej 88, st., 7100 Vejle

Former names

MK Biler ApS – now
Martin Kristensen Biler ApS –

Employees per year

Number of employees at MK Biler ApS per year232017: 120172018: 32018

Other companies at the same address

Similar companies in Vejle

Questions and answers about MK Biler ApS

Has MK Biler ApS gone bankrupt?

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

What is the bankruptcy risk of MK Biler ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MK Biler ApS?

Martin Kristensen is the CEO of MK Biler ApS.

Who is the auditor of MK Biler ApS?

MK Biler ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was MK Biler ApS founded?

MK Biler ApS was founded on 1 May 2017.

What is the equity of MK Biler ApS?

Equity was DKK 1.4m according to the annual report for the period ending 30 September 2025.

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