MSF Group ApS

CVR 39008394 · Private limited company (ApS) · Active · Low risk

MSF Group ApS is a Private limited company (ApS), founded on , based in Grindsted. The company is registered in the industry blandet landbrugsdrift. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 607.8m and a net result of DKK 73.9m. CEO: Martin Lund Madsen.

Bankruptcy risk for MSF Group ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
39008394
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Lundhedevej 25A
7200 Grindsted
Municipality
Billund
Industry
Blandet landbrugsdrift (015000)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 100k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio88.8%
Current ratio145%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address23
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK 3.1mDKK 1.4mDKK -94k
Net profitDKK 73.9mDKK 21.7mDKK 73.6m
EquityDKK 607.8mDKK 464.4mDKK 433.5m
Total assetsDKK 684.5mDKK 552.7mDKK 611.5m
CashDKK 0DKK 0–
Short-term debtDKK 71.9mDKK 79.2m–
Tax owedDKK 0DKK 0–
Avg. employees00–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 202473
1 Jan 2023 – 31 Dec 202375
1 Jan 2022 – 31 Dec 202272
1 Jan 2021 – 31 Dec 202174
1 Jan 2020 – 31 Dec 202064
1 Jan 2019 – 31 Dec 201966
1 Jan 2018 – 31 Dec 201871
13 Oct 2017 – 31 Dec 201758

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
CEOMartin Lund MadsenCurrent
BoardMartin Lund MadsenCurrent
BoardFrederik Hessel MadsenCurrent
BoardSimon Hessel MadsenCurrent
BoardKarin Elisabeth Hessel Madsen
Owner (10%)SHM Group ApSCurrent
Owner (5%)CHV Group ApSCurrent
Owner (50%)MLM Group A/SCurrent
Owner (33%)FHM Group ApSCurrent
Owner (67%)MLM GROUP A/S
Owner (10%)FHM Group ApS
Owner (25%)MLM Interim ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderMLM GROUP A/SCurrent
FounderFHM Group ApSCurrent
FounderSHM Group ApSCurrent

The CEOs' other companies

Martin Lund Madsen – 29 other companies

Address history (1 moves)

Lundhedevej 25A, 7200 Grindsted
Hovedvej A1 26, 6740 Bramming

Other companies at the same address

Similar companies in Billund

Questions and answers about MSF Group ApS

Has MSF Group ApS gone bankrupt?

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

What is the bankruptcy risk of MSF Group ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MSF Group ApS?

Martin Lund Madsen is the CEO of MSF Group ApS.

Who is the auditor of MSF Group ApS?

MSF Group ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MSF Group ApS founded?

MSF Group ApS was founded on 13 October 2017.

What is the equity of MSF Group ApS?

Equity was DKK 607.8m 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.