Miga Horses A/S

CVR 39854996 · Public limited company (A/S) · Active · Low risk

Miga Horses A/S is a Public limited company (A/S), founded on , based in Odense SV. The company is registered in the industry sportsaktiviteter i.a.n.. 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 487k and a net result of DKK -331k. CEO: Michael Garbers.

Bankruptcy risk for Miga Horses A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×

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
39854996
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Byghøjvej 12
5250 Odense SV
Municipality
Odense
Industry
Sportsaktiviteter i.a.n. (931900)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 500k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio91.8%
Current ratio243%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -271kDKK 22kDKK 19k
Net profitDKK -331kDKK -363kDKK 1,268
EquityDKK 487kDKK 319kDKK 681k
Total assetsDKK 531kDKK 958kDKK 1.3m
CashDKK 5,874DKK 338k–
Short-term debtDKK 44kDKK 639k–
Tax owed–DKK 0–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202578
1 Jan 2024 – 31 Dec 202473
1 Jan 2023 – 31 Dec 202399
1 Jan 2022 – 31 Dec 202276
1 Jan 2021 – 31 Dec 202163
1 Jan 2020 – 31 Dec 202071
11 Sep 2018 – 31 Dec 201973

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
CEOMichael GarbersCurrent
BoardPia GarbersCurrent
BoardMichael GarbersCurrent
BoardMorten GarbersCurrent
Owner (100%)MIGA INVEST HOLDING ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMIGA INVEST HOLDING ApSCurrent

The CEOs' other companies

Michael Garbers – 5 other companies

Address history (0 moves)

Byghøjvej 12, 5250 Odense SV

Other companies at the same address

Similar companies in Odense

Questions and answers about Miga Horses A/S

Has Miga Horses A/S gone bankrupt?

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

What is the bankruptcy risk of Miga Horses 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 Miga Horses A/S?

Michael Garbers is the CEO of Miga Horses A/S.

Who is the auditor of Miga Horses A/S?

Miga Horses A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was Miga Horses A/S founded?

Miga Horses A/S was founded on 11 September 2018.

What is the equity of Miga Horses A/S?

Equity was DKK 487k 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.