MHO Operations ApS

CVR 38948563 · Private limited company (ApS) · Active · Low risk

MHO Operations ApS is a Private limited company (ApS), founded on , based in Esbjerg. The company is registered in the industry udlejning og leasing af skibe og både. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 72.8m and a net result of DKK -38.3m.

Bankruptcy risk for MHO Operations ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · 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×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
38948563
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Havdigevej 39
6700 Esbjerg
Municipality
Esbjerg
Industry
Udlejning og leasing af skibe og både (773400)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 2.3m
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio21.9%
Current ratio49%
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 63.9mDKK 75.9mDKK 55.0m
Net profitDKK -38.3mDKK 7.5mDKK 11.2m
EquityDKK 72.8mDKK 110.4mDKK 100.4m
Total assetsDKK 332.3mDKK 348.5mDKK 336.4m
CashDKK 37kDKK 22k–
Short-term debtDKK 65.0mDKK 52.0m–
Avg. employees7379–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024186 Late
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 202288
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020105
1 Jan 2019 – 31 Dec 2019102
1 Jan 2018 – 31 Dec 2018107
18 Sep 2017 – 31 Dec 2017109

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%)MHO-Co A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMHO-Co A/SCurrent

Address history (2 moves)

Havdigevej 39, 6700 Esbjerg
Morsøgade 4, 6700 Esbjerg
D Lauritzens Vej 14, 6700 Esbjerg

Former names

MHO Operations ApS – now
MHO 3 ApS –

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about MHO Operations ApS

Has MHO Operations ApS gone bankrupt?

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

What is the bankruptcy risk of MHO Operations ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the auditor of MHO Operations ApS?

MHO Operations ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MHO Operations ApS founded?

MHO Operations ApS was founded on 18 September 2017.

What is the equity of MHO Operations ApS?

Equity was DKK 72.8m 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.