Borgaard Inspection Systems ApS

CVR 39690004 · Private limited company (ApS) · Active · Medium risk

Borgaard Inspection Systems ApS is a Private limited company (ApS), founded on , based in Vadum. The company is registered in the industry fremstilling af maskiner til føde-, drikke- og tobaksvareindustrien. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 262k and a net result of DKK 94k. CEO: Mikael Hovgaard Borup.

Bankruptcy risk for Borgaard Inspection Systems 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

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
39690004
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Mikael Borup, Charles Lindberghs Vej 8
9430 Vadum
Municipality
Aalborg
Industry
Fremstilling af maskiner til føde-, drikke- og tobaksvareindustrien (289300)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 50k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio32.1%
Current ratio147%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 412kDKK 214k
Net profitDKK 94kDKK -108k
EquityDKK 262kDKK 168k
Total assetsDKK 815kDKK 1.0m
Short-term debtDKK 553k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022110
1 Jan 2021 – 31 Dec 202189
1 Jan 2020 – 31 Dec 202053
2 Jul 2018 – 31 Dec 201984

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
CEOMikael Hovgaard BorupCurrent
Owner (100%)MIKI SUPPORT ApSCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderMIKI SUPPORT ApSCurrent

The CEOs' other companies

Mikael Hovgaard Borup – 5 other companies, of which 2 bankrupt

Address history (3 moves)

c/o Mikael Borup, Charles Lindberghs Vej 8, 9430 Vadum
c/o Mikael Borup, Jellingvej 30, 9230 Svenstrup J
c/o Mikael Hovgaard Borup, Lærkevej 7, 9310 Vodskov
c/o Mikael Hovgaard Borup, Enighedsvej 5, 9000 Aalborg

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Borgaard Inspection Systems ApS

Has Borgaard Inspection Systems ApS gone bankrupt?

No, Borgaard Inspection Systems ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Borgaard Inspection Systems 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 Borgaard Inspection Systems ApS?

Mikael Hovgaard Borup is the CEO of Borgaard Inspection Systems ApS.

Who is the auditor of Borgaard Inspection Systems ApS?

Borgaard Inspection Systems ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Borgaard Inspection Systems ApS founded?

Borgaard Inspection Systems ApS was founded on 2 July 2018.

What is the equity of Borgaard Inspection Systems ApS?

Equity was DKK 262k 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.