MICHA A/S

CVR 38732919 · Public limited company (A/S) · Active · Low risk

MICHA A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Apr 2026) shows equity of DKK 70.7m and a net result of DKK 16.3m. CEO: Poul Steen, Philip Hostrup Steen.

Bankruptcy risk for MICHA A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
38732919
Status
Active
Company type
Public limited company (A/S)
Founded
(62 years)
Address
Michael Jensens Vej 8
7400 Herning
Municipality
Herning
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 5.0m
Employees
27 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio81.9%
Current ratio930%
Moves (last 2 years)0
CEO changes in total9
CEO's previous bankruptcies8
Other companies at the address14
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 32.8mDKK 25.5mDKK 21.2m
Net profitDKK 16.3mDKK 14.8mDKK 9.6m
EquityDKK 70.7mDKK 60.6mDKK 51.8m
Total assetsDKK 86.3mDKK 75.0mDKK 67.3m
CashDKK 528kDKK 899k–
Short-term debtDKK 9.2mDKK 13.2m–
Avg. employees1416–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026145
1 May 2024 – 30 Apr 2025183
1 May 2023 – 30 Apr 2024139
1 May 2022 – 30 Apr 2023141
1 May 2021 – 30 Apr 2022157
1 May 2020 – 30 Apr 2021143
1 May 2019 – 30 Apr 2020158
1 May 2018 – 30 Apr 2019120
1 May 2017 – 30 Apr 2018164
1 May 2016 – 30 Apr 2017148
1 May 2015 – 30 Apr 2016150
1 May 2014 – 30 Apr 2015147
1 May 2013 – 30 Apr 2014147
1 May 2012 – 30 Apr 2013125
1 May 2011 – 30 Apr 2012147
1 May 2010 – 30 Apr 2011123
1 May 2009 – 30 Apr 2010122
1 May 2008 – 30 Apr 2009129
1 May 2007 – 30 Apr 200898
1 May 2006 – 30 Apr 2007101

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
CEOPoul SteenCurrent
CEOPhilip Hostrup SteenCurrent
CEOThomas Christian Jensen
CEOAnna Jensen
CEOEivind Pilgaard
CEOThilde Brunsgaard
CEOClaus Borath Sørensen
BoardHenrik YpkendanzCurrent
BoardTorben KlausenCurrent
BoardTim Lund LarsenCurrent
BoardHanne Jensbo
BoardThomas Christian Jensen
BoardJørn Kristensen
BoardFinn Witzansky Jørgensen
BoardThilde Brunsgaard
BoardEskild Lyngholm
BoardAnna Jensen
BoardHenrik Gundtoft
BoardPoul Wentzer Licht
BoardPoul Steen
BoardSteen Bjørn Nielsen
BoardLone Steen
BoardChristian Østergaard
BoardSteen Bjørn Nielsen
Owner (100%)KIT KARNABY ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorSR. STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Poul Steen – 44 other companies, of which 15 bankrupt

Philip Hostrup Steen – 6 other companies

Thomas Christian Jensen – 5 other companies

Eivind Pilgaard – 3 other companies, of which 1 bankrupt

Thilde Brunsgaard – 3 other companies

Claus Borath Sørensen – 14 other companies, of which 1 bankrupt

Address history (1 moves)

Michael Jensens Vej 8, 7400 Herning
Michael Jensens Vej 8, 7400 Herning

Former names

MICHA A/S – now
MICHA TRIKOTAGE A/S –

Employees per year

Number of employees at MICHA A/S per year19372011: 3720112012: 3120122013: 3120132014: 2620142015: 2320152016: 3020162017: 2620172018: 272018

Other companies at the same address

Similar companies in Herning

Questions and answers about MICHA A/S

Has MICHA A/S gone bankrupt?

No, MICHA A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MICHA A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MICHA A/S?

Poul Steen, Philip Hostrup Steen are the CEOs of MICHA A/S.

Who is the auditor of MICHA A/S?

MICHA A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MICHA A/S founded?

MICHA A/S was founded on 23 June 1964.

What is the equity of MICHA A/S?

Equity was DKK 70.7m according to the annual report for the period ending 30 April 2026.

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