M.T.T. A/S

CVR 39798239 · Public limited company (A/S) · Active · Low risk

M.T.T. A/S is a Public limited company (A/S), founded on , based in Ejby. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 704k and a net result of DKK 77k. CEO: Henrik Kvist.

Bankruptcy risk for M.T.T. A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
39798239
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Hygindvej 15
5592 Ejby
Municipality
Middelfart
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
2 (2018)
Auditor
Status RevisionGodkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio20.0%
Current ratio114%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.3mDKK 1.6mDKK 1.4m
Net profitDKK 77kDKK 395kDKK 540k
EquityDKK 704kDKK 977kDKK 1.1m
Total assetsDKK 3.5mDKK 3.4mDKK 2.8m
CashDKK 21kDKK 165k–
Short-term debtDKK 2.8mDKK 2.4m–
Tax owedDKK 24kDKK 114k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Status RevisionGodkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 202358
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020183
15 Aug 2018 – 31 Dec 2019181

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
CEOHenrik KvistCurrent
CEOCarsten Olesen
BoardHenrik KvistCurrent
BoardJohni MüllerCurrent
BoardSusi Vincent RyhlCurrent
Owner (100%)Serti Holding ApSCurrent
Owner (50%)DK-MASKINER ApS
Owner (33%)Serti Holding ApS
Owner (25%)DK-MASKINER ApS
Owner (67%)Serti Holding ApS
FounderDK-MASKINER ApSCurrent
FounderSerti Holding ApSCurrent

The CEOs' other companies

Henrik Kvist – 5 other companies, of which 1 bankrupt

Carsten Olesen – 5 other companies, of which 1 bankrupt

Address history (1 moves)

Hygindvej 15, 5592 Ejby
Gl.Hovedvej 2, 5560 Aarup

Former names

M.T.T. A/S – now
MTT Gribsvad ApS –

Employees per year

Number of employees at M.T.T. A/S per year122018: 22018

Other companies at the same address

Similar companies in Middelfart

Questions and answers about M.T.T. A/S

Has M.T.T. A/S gone bankrupt?

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

What is the bankruptcy risk of M.T.T. A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of M.T.T. A/S?

Henrik Kvist is the CEO of M.T.T. A/S.

Who is the auditor of M.T.T. A/S?

M.T.T. A/S most recently used Status RevisionGodkendt Revisionsaktieselskab.

When was M.T.T. A/S founded?

M.T.T. A/S was founded on 15 August 2018.

What is the equity of M.T.T. A/S?

Equity was DKK 704k 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.