M+ PH I A/S

CVR 39160099 · Public limited company (A/S) · Active · Low risk

M+ PH I A/S is a Public limited company (A/S), founded on 13 December 2017, based in Horsens. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 8 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 110.4m and a net result of DKK 21.0m. CEO: Claus Porsgaard.

Bankruptcy risk for M+ PH I A/S

0.0%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Other companies at the same address100+ · bankruptcy rate 11.5%1.3×

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×

Return on assets5%–15% · bankruptcy rate 3.5%0.39×

CEO's other companies30+ · bankruptcy rate 4.3%0.48×

Company typeA/S · bankruptcy rate 4.4%0.50×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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: 39160099
Status: Active
Company type: Public limited company (A/S)
Founded: 13 December 2017 (8 years)
Address: Rosenkrantzvej 2
8700 Horsens
Municipality: Horsens
Industry: Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital: DKK 5.0m
Auditor: PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out: No

Warning signs

Annual reports filed late	1 of 8
Missing annual report	No
Negative equity	No
Equity ratio	28.8%
Current ratio	0%
Moves (last 2 years)	1
CEO changes in total	2
CEO's previous bankruptcies	0
Other companies at the address	121
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK -1.2m	DKK -1.2m
Net profit	DKK 21.0m	DKK 34.1m
Equity	DKK 110.4m	DKK 87.0m
Total assets	DKK 383.9m	DKK 366.9m
Short-term debt	DKK 271.7m	–
Tax owed	DKK 3.0m	–
Avg. employees	0	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	5 May 2026	125
1 Jan 2024 – 31 Dec 2024	13 May 2025	133
1 Jan 2023 – 31 Dec 2023	21 Jun 2024	173
1 Jan 2022 – 31 Dec 2022	30 Jun 2023	181
1 Jan 2021 – 31 Dec 2021	30 Jun 2022	181
1 Jan 2020 – 31 Dec 2020	1 Apr 2021	91
1 Jan 2019 – 31 Dec 2019	13 Jul 2020	195	Late
13 Dec 2017 – 31 Dec 2018	25 Apr 2019	115

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

Role	Name	From	To
CEO	Claus Porsgaard	11 Nov 2021	Current
CEO	Per Christian Hansen	13 Dec 2017	11 Nov 2021
Board	Per Christian Hansen	13 Dec 2017	Current
Board	Peter Kjelgaard Rosengreen	18 Nov 2021	Current
Board	Bettina Antitsch Mortensen	1 Mar 2022	Current
Board	Michael Antitsch Mortensen	13 Dec 2017	31 Jan 2022
Board	Peter Kjelgaard Rosengreen	13 Dec 2017	11 Nov 2021
Board	Peter Heide Wessel	11 Nov 2021	16 May 2022
Owner (10%)	MM Family ApS	13 Dec 2017	Current
Owner (10%)	PR Family ApS	13 Dec 2017	Current
Owner (10%)	PH Family ApS	13 Dec 2017	Current
Owner (50%)	MPP Holding I A/S	24 May 2022	Current
Owner (15%)	M+ III A/S	24 Sep 2022	Current
Owner (15%)	M+ Invest ApS	13 Dec 2017	24 Sep 2022
Owner (33%)	MPP Holding I A/S	13 Dec 2017	23 May 2022
Auditor	PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB	13 Dec 2017	Current
Founder	M+ Invest ApS	13 Dec 2017	Current
Founder	MPP Holding I A/S	13 Dec 2017	Current
Founder	MM Family ApS	13 Dec 2017	Current
Founder	PR Family ApS	13 Dec 2017	Current
Founder	PH Family ApS	13 Dec 2017	Current

The CEOs' other companies

Claus Porsgaard – 46 other companies, of which 1 bankrupt

Datoselskabet af 180825 ApS Bankrupt 1 Sep 2025
AI Innovation Center ApS Fusioneret
B.A.M. A/S Active
B.A.M. II A/S Active
Business Drive ApS Active
CP Invest ApS Active
DANDY Business Park ApS Active
Dandy Business Park Holding ApS Fusioneret
Dragsholm Gruppen ApS Active
Dragsholm Slot Ejendomsselskab ApS Active
EJENDOMSSELSKABET AF 14. JUNI 2013 A/S Active
EJENDOMSSELSKABET BYGHOLM A/S Opløst
EXXIT 59 A/S Active
Ejendomsselskabet CMØ 4 ApS Fusioneret
FLEX MODUL A/S Active
FLEX MODUL RENTAL A/S Active
FRB NewCo ApS Fusioneret
Fix my car A/S Active
Flex Group ApS Active
Folkli ApS Active
GREEN TECH CENTER ApS Fusioneret
HAVNETREKANTEN A/S Active
Hybel Danmark A/S Active
Hybel Midt A/S Active
Hybel Nord A/S Active
Hybel Real Estate A/S Active
Hybel Sjælland A/S Active
Hybel Syd A/S Active
JA HOLDING A/S Opløst
Komplementarselskabet Plushusene 3 ApS Active

Per Christian Hansen – 49 other companies, of which 2 bankrupt

Datoselskabet af 180825 ApS Bankrupt 1 Sep 2025
SHOW YOU CARE ApS Bankrupt 1 Mar 2019
Anpartsselskabet Bassin 7, Restaurant og Teater Active
Anpartsselskabet HKM Active
Anpartsselskabet Søgrundene, Østbirk Opløst
Anpartsselskabet af 1. juli 2013 Active
Anpartsselskabet af 30.03.2023 Opløst
B.A.M. A/S Active
B.A.M. II A/S Active
BILLUND TRAV A/S Opløst
Business Drive ApS Active
CA 2012 A/S Opløst
CASA Management Holding ApS Fusioneret
CC COPENHAGEN RESIDENTIAL A/S Opløst
CI RETAIL A/S Opløst
DET GAMLE SEMINARIUM A/S Active
DRIFTSSELSKABET OPP SVENDBORG A/S Active
EJENDOMSSELSKABET AF 14. JUNI 2013 A/S Active
EJENDOMSSELSKABET AF 16.09.2010 ApS Active
EJENDOMSSELSKABET HOVMARKSVEJ 95 HORSENS ApS Opløst
EXXIT 59 A/S Active
Ejendomsselskabet CMØ 4 ApS Fusioneret
Ejendomsselskabet Juel A/S Active
Ejendomsselskabet R2 ApS Active
Ejendomsselskabet R3 A/S Active
Ejendomsselskabet R4 + R5 ApS Active
Ejendomsselskabet R6 ApS Fusioneret
Ejendomsselskabet R8 ApS Active
Ejendomsselskabet Rådhustorvet, Horsens A/S Active
Ejendomsselskabet Strandlodsvej 15 ApS Active

Address history (2 moves)

1 Mar 2025	Rosenkrantzvej 2, 8700 Horsens
11 May 2023	Rosenkrantzvej 2, 8700 Horsens
13 Dec 2017	Havnen 3, 8700 Horsens

Former names

M+ PH I A/S	11 Nov 2021 – now
CASA Plus A/S	13 Dec 2017 – 10 Nov 2021

Other companies at the same address

AM 14 Holding ApS Active
Anpartsselskabet Bassin 7, Restaurant og Teater Active
Anpartsselskabet HKM Active
Anpartsselskabet Søgrundene, Østbirk Opløst
Anpartsselskabet af 1. juli 2013 Active
B.A.M. A/S Active
B.A.M. II A/S Active
Bremersalle 16 ApS Active
Bremersalle ApS Active
CC COPENHAGEN RESIDENTIAL A/S Opløst
CMNRE CC COPENHAGEN RESIDENTIAL HOLDCO ApS Opløst
EJENDOMSSELSKABET AF 14. JUNI 2013 A/S Active
EJENDOMSSELSKABET BYGHOLM A/S Opløst
EJENDOMSSELSKABET HOVMARKSVEJ 95 HORSENS ApS Opløst
EJV Holding ApS Active
EXXIT 59 A/S Active
Ejendomsselskabet CMØ 4 ApS Fusioneret
Ejendomsselskabet Houmannsgade ApS Active
Ejendomsselskabet R2 ApS Active
Ejendomsselskabet R3 A/S Active
Ejendomsselskabet R4 + R5 ApS Active
Ejendomsselskabet R6 ApS Fusioneret
Ejendomsselskabet R8 ApS Active
Ejendomsselskabet Rådhustorvet, Horsens A/S Active
Ejendomsselskabet. Johs. E. Rasmussens Vej A/S Active

Similar companies in Horsens

Questions and answers about M+ PH I A/S

Has M+ PH I A/S gone bankrupt?

No, M+ PH I A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M+ PH I 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 M+ PH I A/S?

Claus Porsgaard is the CEO of M+ PH I A/S.

Who is the auditor of M+ PH I A/S?

M+ PH I A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was M+ PH I A/S founded?

M+ PH I A/S was founded on 13 December 2017.

What is the equity of M+ PH I A/S?

Equity was DKK 110.4m 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.