MSGM Ejendomme ApS

CVR 39374110 · Private limited company (ApS) · Active · Low risk

MSGM Ejendomme ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 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 -7.2m and a net result of DKK -8.6m. CEO: Glenn Steven Nielsen.

Bankruptcy risk for MSGM Ejendomme ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×

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
39374110
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o H&L Invest ApS, Indiavej 1, 3.
2100 København Ø
Municipality
København
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-1,003.9%
Current ratio9%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address33
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -33kDKK -2.1mDKK -132k
Net profitDKK -8.6mDKK -1.1mDKK -394k
EquityDKK -7.2mDKK 1.4mDKK 2.5m
Total assetsDKK 716kDKK 1.4mDKK 3.4m
CashDKK 1,605DKK 9,826–
Short-term debtDKK 7.9mDKK 21k–
Tax owed–DKK 0–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019259 Late
1 Mar 2018 – 31 Dec 2018142

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
CEOGlenn Steven NielsenCurrent
CEOSteen Lorenz Johan Hansen
BoardSteen Lorenz Johan HansenCurrent
BoardMichael Halborg-BendtsenCurrent
BoardGlenn Steven NielsenCurrent
Owner (50%)H&L INVEST ApSCurrent
Owner (25%)BENDTSEN HOLDING ApSCurrent
Owner (10%)GN INVEST ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderGlenn Steven NielsenCurrent

The CEOs' other companies

Glenn Steven Nielsen – 33 other companies, of which 1 bankrupt

Steen Lorenz Johan Hansen – 55 other companies, of which 9 bankrupt

Address history (1 moves)

c/o H&L Invest ApS, Indiavej 1, 3., 2100 København Ø
c/o c/o Hansen & Langeland ApS, Bregnerødvej 139, 3460 Birkerød

Former names

MSGM Ejendomme ApS – now
Gardes Alle 36 ApS –

Other companies at the same address

Similar companies in København

Questions and answers about MSGM Ejendomme ApS

Has MSGM Ejendomme ApS gone bankrupt?

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

What is the bankruptcy risk of MSGM Ejendomme ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MSGM Ejendomme ApS?

Glenn Steven Nielsen is the CEO of MSGM Ejendomme ApS.

Who is the auditor of MSGM Ejendomme ApS?

MSGM Ejendomme ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MSGM Ejendomme ApS founded?

MSGM Ejendomme ApS was founded on 1 March 2018.

What is the equity of MSGM Ejendomme ApS?

Equity was DKK -7.2m 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.