MDSI Holding ApS

CVR 38743031 · Private limited company (ApS) · Active · Low risk

MDSI Holding ApS is a Private limited company (ApS), founded on , based in Kongens Lyngby. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 9 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 24.7m and a net result of DKK -671k. CEO: Karsten Anderskov Madsen.

Bankruptcy risk for MDSI Holding ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
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×

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
38743031
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Lundtoftevej 160, 1.
2800 Kongens Lyngby
Municipality
Lyngby-Taarbæk
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 99k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityNo
Equity ratio67.5%
Current ratio95%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -256kDKK -248k
Net profitDKK -671kDKK 779k
EquityDKK 24.7mDKK 25.4m
Total assetsDKK 36.6mDKK 27.8m
CashDKK 4,903–
Short-term debtDKK 1.2m–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023194 Late
1 Jan 2022 – 31 Dec 2022189 Late
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019238 Late
1 Jan 2018 – 31 Dec 2018128
19 Jun 2017 – 31 Dec 2017143

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
CEOKarsten Anderskov MadsenCurrent
BoardChristian SteinøCurrent
BoardKim NødskovCurrent
BoardKarsten Anderskov MadsenCurrent
BoardClaus Ørts Pedersen
Owner (5%)KINOD Holding ApSCurrent
Owner (5%)POL Holding ApSCurrent
Owner (33%)Black Three ApSCurrent
Owner (33%)KASSIMSKA ApSCurrent
Owner (50%)MYDEFENCE HOLDING ApS
Owner (15%)DLC 3 HOLDING ApS
Owner (15%)KINOD Holding ApS
Owner (15%)POL Holding ApS
Owner (25%)SKA ApS
Owner (25%)Black Three ApS
Owner (15%)SKA ApS
Owner (10%)DLC 3 HOLDING ApS
Owner (10%)KINOD Holding ApS
Owner (10%)POL Holding ApS
Owner (15%)Black Three ApS
Owner (10%)Claus Ørts Familie Holding ApS
Owner (15%)Claus Ørts Familie Holding ApS
Owner (20%)Claus Ørts Familie Holding ApS
Owner (15%)SKA ApS
Owner (15%)Black Three ApS
Owner (25%)Claus Ørts Familie Holding ApS
Owner (20%)Claus Ørts Familie Holding ApS
Owner (5%)DLC 3 HOLDING ApS
Owner (5%)MDSI Holding ApS
Owner (25%)SKA ApS
Owner (25%)Black Three ApS
Owner (33%)SKA ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMYDEFENCE HOLDING ApSCurrent

The CEOs' other companies

Karsten Anderskov Madsen – 6 other companies

Address history (5 moves)

Lundtoftevej 160, 1., 2800 Kongens Lyngby
Strandboulevarden 96, 2100 København Ø
Langebrogade 3A, 1., 1411 København K
Langebrogade 1, 1., 1411 København K
Langebrogade 1B, 1411 København K
Danstrupvej 27L, st. 1, 3480 Fredensborg

Former names

MDSI Holding ApS – now
MDSI Holding IVS –

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about MDSI Holding ApS

Has MDSI Holding ApS gone bankrupt?

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

What is the bankruptcy risk of MDSI Holding ApS?

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

Who is the CEO of MDSI Holding ApS?

Karsten Anderskov Madsen is the CEO of MDSI Holding ApS.

Who is the auditor of MDSI Holding ApS?

MDSI Holding ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was MDSI Holding ApS founded?

MDSI Holding ApS was founded on 19 June 2017.

What is the equity of MDSI Holding ApS?

Equity was DKK 24.7m 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.