Mad Format ApS

CVR 39328321 · Private limited company (ApS) · Active · Medium risk

Mad Format ApS is a Private limited company (ApS), founded on , based in Faxe. The company is registered in the industry detailhandel med fisk, krebsdyr og bløddyr. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 49k and a net result of DKK -66k. CEO: Jeppe Graa Rasmussen.

Bankruptcy risk for Mad Format ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
CEO changes1 · bankruptcy rate 11.4%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
39328321
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Vindbyholtvej 29A
4640 Faxe
Municipality
Faxe
Industry
Detailhandel med fisk, krebsdyr og bløddyr (472300)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 140k
Auditor
JS Revision  Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio15.3%
Current ratio103%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address9
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -84kDKK -45kDKK -54k
Net profitDKK -66kDKK -38kDKK -44k
EquityDKK 49kDKK -46kDKK -7,506
Total assetsDKK 319kDKK 18kDKK 109k
CashDKK 44kDKK 4,405–
Short-term debtDKK 268kDKK 63k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · JS Revision  Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025113
1 Jan 2024 – 31 Dec 2024135
1 Jan 2023 – 31 Dec 2023149
1 Jan 2022 – 31 Dec 202281
1 Jan 2021 – 31 Dec 2021165
1 Jan 2020 – 31 Dec 2020168
1 Jan 2019 – 31 Dec 2019155
1 May 2018 – 31 Dec 2018156

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
CEOJeppe Graa RasmussenCurrent
Owner (100%)Roholte Drift ApSCurrent
Owner (50%)Mads Winberg Andersen
Owner (50%)Roholte ApS
Owner (100%)Roholte ApS
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderMads Winberg AndersenCurrent

The CEOs' other companies

Jeppe Graa Rasmussen – 10 other companies, of which 2 bankrupt

Address history (2 moves)

Vindbyholtvej 29A, 4640 Faxe
Ny Kronborgvej 2, 3000 Helsingør
Herlev Hovedgade 133, 1. th, 2730 Herlev

Former names

Mad Format ApS – now
FS & MS Drift ApS –
FS & MS Drift IVS –
Pølsekompagniet ved Mads Winberg Andersen IVS –
Stateside IVS –

Other companies at the same address

Similar companies in Faxe

Questions and answers about Mad Format ApS

Has Mad Format ApS gone bankrupt?

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

What is the bankruptcy risk of Mad Format ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Mad Format ApS?

Jeppe Graa Rasmussen is the CEO of Mad Format ApS.

Who is the auditor of Mad Format ApS?

Mad Format ApS most recently used JS Revision  Godkendt Revisionsaktieselskab.

When was Mad Format ApS founded?

Mad Format ApS was founded on 12 February 2018.

What is the equity of Mad Format ApS?

Equity was DKK 49k 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.