Mahdfireworks ApS

CVR 38697331 · Private limited company (ApS) · Active · Low risk

Mahdfireworks ApS is a Private limited company (ApS), founded on , based in Haderslev. The company is registered in the industry drift af andre forlystelser og fritidsaktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Jan 2026) shows equity of DKK -11k and a net result of DKK -7,155.

Bankruptcy risk for Mahdfireworks ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Capital changes1 · 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
38697331
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Lindedal 32, 3. th
6100 Haderslev
Municipality
Haderslev
Industry
Drift af andre forlystelser og fritidsaktiviteter (932990)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-15.7%
Current ratio131%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
Gross profitDKK -9,157DKK 11k
Net profitDKK -7,155DKK 442
EquityDKK -11kDKK -4,267
Total assetsDKK 73kDKK 104k
CashDKK 7,892–
Short-term debtDKK 47k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Feb 2025 – 31 Jan 202652
1 Feb 2024 – 31 Jan 202574
1 Feb 2023 – 31 Jan 2024120
1 Feb 2022 – 31 Jan 2023165
1 Feb 2021 – 31 Jan 2022150
1 Feb 2020 – 31 Jan 2021144
1 Feb 2019 – 31 Jan 2020207 Late
1 Feb 2018 – 31 Jan 201985
8 Jun 2017 – 31 Jan 2018147

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
Owner (100%)Allan MadsenCurrent
FounderAllan MadsenCurrent

Address history (1 moves)

Lindedal 32, 3. th, 6100 Haderslev
Lindedal 32, 3. th, 6100 Haderslev

Former names

Mahdfireworks ApS – now
Mahdfireworks IVS –

Similar companies in Haderslev

Questions and answers about Mahdfireworks ApS

Has Mahdfireworks ApS gone bankrupt?

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

What is the bankruptcy risk of Mahdfireworks ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

When was Mahdfireworks ApS founded?

Mahdfireworks ApS was founded on 8 June 2017.

What is the equity of Mahdfireworks ApS?

Equity was DKK -11k according to the annual report for the period ending 31 January 2026.

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