Monster Group ApS

CVR 38915584 · Private limited company (ApS) · Active · High risk

Monster Group ApS is a Private limited company (ApS), founded on , based in Ålsgårde. The company is registered in the industry anden distribution af medieindhold. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -26k and a net result of DKK 12k. CEO: Patrick Thorngaard.

Bankruptcy risk for Monster Group ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
38915584
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Jacob Thorngaard, Odinshøjvej 22
3140 Ålsgårde
Municipality
Helsingør
Industry
Anden distribution af medieindhold (603900)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Employees
1 (2018)
Auditor
Kallermann Revision A/S - statsautoriseret revisionsfirma
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-66.6%
Current ratio60%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 40kDKK 89kDKK 245k
Net profitDKK 12kDKK -49kDKK 11k
EquityDKK -26kDKK -38kDKK 11k
Total assetsDKK 39kDKK 34kDKK 74k
CashDKK 27kDKK 17k–
Short-term debtDKK 65kDKK 72k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Kallermann Revision A/S - statsautoriseret revisionsfirma.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 202457
1 Jan 2023 – 31 Dec 2023166
1 Jan 2022 – 31 Dec 202287
1 Jan 2021 – 31 Dec 2021140
1 Jan 2020 – 31 Dec 2020132
1 Jan 2019 – 31 Dec 2019150
7 Sep 2017 – 31 Dec 201863

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
CEOPatrick ThorngaardCurrent
Owner (100%)Thorngaard Rights ApSCurrent
FounderThorngaard Rights ApSCurrent

The CEOs' other companies

Patrick Thorngaard – 1 other companies

Address history (2 moves)

c/o Jacob Thorngaard, Odinshøjvej 22, 3140 Ålsgårde
c/o Jacob Thorngaard, Odinshøjvej 22, 3140 Ålsgårde
c/o Jacob Thorngaard, Strandvejen 201, 1. th, 2900 Hellerup

Former names

Monster Group ApS – now
Monster Group IVS –

Employees per year

Number of employees at Monster Group ApS per year112017: 120172018: 12018

Other companies at the same address

Similar companies in Helsingør

Questions and answers about Monster Group ApS

Has Monster Group ApS gone bankrupt?

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

What is the bankruptcy risk of Monster Group ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Monster Group ApS?

Patrick Thorngaard is the CEO of Monster Group ApS.

Who is the auditor of Monster Group ApS?

Monster Group ApS most recently used Kallermann Revision A/S - statsautoriseret revisionsfirma.

When was Monster Group ApS founded?

Monster Group ApS was founded on 7 September 2017.

What is the equity of Monster Group ApS?

Equity was DKK -26k 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.