MN1 Holding ApS

CVR 40007229 · Private limited company (ApS) · Active · Low risk

MN1 Holding ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 8 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.2m and a net result of DKK -48k. CEO: Michael Nørgaard.

Bankruptcy risk for MN1 Holding ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
40007229
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Michael Nørgaard, Askevænget 20
5700 Svendborg
Municipality
Svendborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Aros statsautoriserede revisorer
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio74.9%
Current ratio104%
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 year202520242023
Gross profitDKK -13kDKK -12kDKK -13k
Net profitDKK -48kDKK -9,518DKK 14k
EquityDKK 2.2mDKK 2.3mDKK 2.3m
Total assetsDKK 2.9mDKK 3.0mDKK 3.2m
CashDKK 30kDKK 203k–
Short-term debtDKK 720kDKK 692k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Aros statsautoriserede revisorer.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019246 Late
2 Nov 2018 – 31 Dec 2018135

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 NørgaardCurrent
Owner (100%)Michael NørgaardCurrent
FounderMichael NørgaardCurrent

The CEOs' other companies

Michael Nørgaard – 5 other companies, of which 1 bankrupt

Address history (0 moves)

c/o Michael Nørgaard, Askevænget 20, 5700 Svendborg

Similar companies in Svendborg

Questions and answers about MN1 Holding ApS

Has MN1 Holding ApS gone bankrupt?

No, MN1 Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MN1 Holding ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MN1 Holding ApS?

Michael Nørgaard is the CEO of MN1 Holding ApS.

Who is the auditor of MN1 Holding ApS?

MN1 Holding ApS most recently used Aros statsautoriserede revisorer.

When was MN1 Holding ApS founded?

MN1 Holding ApS was founded on 2 November 2018.

What is the equity of MN1 Holding ApS?

Equity was DKK 2.2m 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.