Mads Bager Holding ApS

CVR 39919702 · Private limited company (ApS) · Active · Low risk

Mads Bager Holding ApS is a Private limited company (ApS), founded on , based in Hvide Sande. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 7 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 578k and a net result of DKK 477k.

Bankruptcy risk for Mads Bager Holding ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
39919702
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Mads Borggaard Jørgensen, Minervavej 46
6960 Hvide Sande
Municipality
Ringkøbing-Skjern
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio45.8%
Current ratio925%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -7,435DKK -6,219
Net profitDKK 477kDKK 218k
EquityDKK 578kDKK 101k
Total assetsDKK 1.3mDKK 1.3m
CashDKK 19k–
Short-term debtDKK 2,500–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025115
1 Oct 2023 – 30 Sep 2024105
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022153
1 Oct 2020 – 30 Sep 2021123
1 Oct 2019 – 30 Sep 2020153
26 Sep 2018 – 30 Sep 2019162

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
Owner (100%)Mads Peder Borggaard JørgensenCurrent
Owner (90%)Merrild Borggaard Jørgensen
Owner (90%)Mads Peder Borggaard Jørgensen
Owner (0%)Borggaard Holding HVS ApS
AuditorDamgaard & Enevoldsen A/S
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMerrild Borggaard JørgensenCurrent
FounderBorggaard Holding HVS ApSCurrent

Address history (1 moves)

c/o Mads Borggaard Jørgensen, Minervavej 46, 6960 Hvide Sande
c/o Mads Borggaard Jørgensen, Minervavej 46, 6960 Hvide Sande

Former names

Mads Bager Holding ApS – now
Mads Bager Holding IVS –

Similar companies in Ringkøbing-Skjern

Questions and answers about Mads Bager Holding ApS

Has Mads Bager Holding ApS gone bankrupt?

No, Mads Bager Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Mads Bager Holding ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of Mads Bager Holding ApS?

Mads Bager Holding ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Mads Bager Holding ApS founded?

Mads Bager Holding ApS was founded on 26 September 2018.

What is the equity of Mads Bager Holding ApS?

Equity was DKK 578k 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.