MVishart ApS

CVR 39990954 · Private limited company (ApS) · Active · Low risk

MVishart ApS is a Private limited company (ApS), founded on , based in Odense SØ. The company is registered in the industry rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder. Our model estimates a bankruptcy risk of 0.6% 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 -327k and a net result of DKK 79k. CEO: Michael Stig Vishart.

Bankruptcy risk for MVishart ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · 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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
39990954
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Michael Stig Vishart, Toftevej 20A
5220 Odense SØ
Municipality
Odense
Industry
Rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder (711210)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 40k
Employees
1 (2018)
Auditor
VH Revision Registrerede Revisorer ApS
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-508.3%
Current ratio15%
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 107k–
Net profitDKK 79k–
EquityDKK -327k–
Total assetsDKK 64k–
CashDKK 13k–
Short-term debtDKK 391k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · VH Revision Registrerede Revisorer ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 2024150
1 Jan 2023 – 31 Dec 2023171
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020148
1 Nov 2018 – 31 Dec 2019174

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 Stig VishartCurrent
Owner (100%)Michael Stig VishartCurrent
FounderMichael Stig VishartCurrent

Address history (0 moves)

c/o Michael Stig Vishart, Toftevej 20A, 5220 Odense SØ

Former names

MVishart ApS – now
MVishart IVS –

Employees per year

Number of employees at MVishart ApS per year112018: 12018

Similar companies in Odense

Questions and answers about MVishart ApS

Has MVishart ApS gone bankrupt?

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

What is the bankruptcy risk of MVishart ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MVishart ApS?

Michael Stig Vishart is the CEO of MVishart ApS.

Who is the auditor of MVishart ApS?

MVishart ApS most recently used VH Revision Registrerede Revisorer ApS.

When was MVishart ApS founded?

MVishart ApS was founded on 1 November 2018.

What is the equity of MVishart ApS?

Equity was DKK -327k 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.