Mike Varberg Byg ApS

CVR 39382075 · Private limited company (ApS) · Active · Low risk

Mike Varberg Byg ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.1% 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 (30 Sep 2025) shows equity of DKK 449k and a net result of DKK 338k. CEO: Mike Feldt Varberg.

Bankruptcy risk for Mike Varberg Byg 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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
39382075
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Mike Feldt Varberg, Overholm 54
8700 Horsens
Municipality
Horsens
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
4 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio56.7%
Current ratio371%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.4mDKK 1.3mDKK 1.7m
Net profitDKK 338kDKK 80kDKK 111k
EquityDKK 449kDKK 191kDKK 211k
Total assetsDKK 792kDKK 490kDKK 643k
CashDKK 257kDKK 30k–
Short-term debtDKK 212kDKK 270k–
Tax owedDKK 0DKK 37k–
Avg. employees34–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025182
1 Oct 2023 – 30 Sep 2024183
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022168
1 Oct 2020 – 30 Sep 2021113
1 Oct 2019 – 30 Sep 2020135
1 Oct 2018 – 30 Sep 201981
1 Mar 2018 – 30 Sep 2018114

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
CEOMike Feldt VarbergCurrent
Owner (100%)MFV HOLDING ApSCurrent
FounderMFV HOLDING ApSCurrent

The CEOs' other companies

Mike Feldt Varberg – 2 other companies, of which 1 bankrupt

Address history (2 moves)

c/o Mike Feldt Varberg, Overholm 54, 8700 Horsens
c/o Mike Feldt Varberg, Overholm 54, 8700 Horsens
c/o Mike Feldt Varberg, Overholm 52, 8700 Horsens

Employees per year

Number of employees at Mike Varberg Byg ApS per year242018: 42018

Other companies at the same address

Similar companies in Horsens

Questions and answers about Mike Varberg Byg ApS

Has Mike Varberg Byg ApS gone bankrupt?

No, Mike Varberg Byg ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Mike Varberg Byg 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 Mike Varberg Byg ApS?

Mike Feldt Varberg is the CEO of Mike Varberg Byg ApS.

When was Mike Varberg Byg ApS founded?

Mike Varberg Byg ApS was founded on 1 March 2018.

What is the equity of Mike Varberg Byg ApS?

Equity was DKK 449k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.