MK Property ApS

CVR 40108831 · Private limited company (ApS) · Active · Low risk

MK Property ApS is a Private limited company (ApS), founded on , based in Grenaa. The company is registered in the industry investering for egen regning. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 51.7m and a net result of DKK -286k. CEO: Michael Kjeldgaard Munch, Karsten Robæk Severinsen.

Bankruptcy risk for MK Property ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · 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
40108831
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Bakken 25
8500 Grenaa
Municipality
Norddjurs
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 60k
Auditor
Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed
Audit opted out
No

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityNo
Equity ratio36.4%
Current ratio90%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.9mDKK -302kDKK -2.0m
Net profitDKK -286kDKK 13.3mDKK -3.1m
EquityDKK 51.7mDKK 52.4mDKK 39.6m
Total assetsDKK 141.9mDKK 131.9mDKK 103.3m
CashDKK 0DKK 2.0m–
Short-term debtDKK 90.2mDKK 79.5m–
Tax owedDKK 3.1mDKK 0–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022195 Late
1 Jan 2021 – 31 Dec 2021170
1 Jan 2020 – 31 Dec 2020163
20 Dec 2018 – 31 Dec 2019244 Late

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 Kjeldgaard MunchCurrent
CEOKarsten Robæk SeverinsenCurrent
BoardKarsten Robæk SeverinsenCurrent
BoardMichael Kjeldgaard MunchCurrent
BoardJeanette Kjeldgaard MunchCurrent
BoardJane Søndergaard RasmussenCurrent
Owner (50%)LU-AL Holding ApSCurrent
Owner (50%)WI-SO Holding ApSCurrent
AuditorDansk Revision Grenaa, Statsautoriseret revisionsvirksomhedCurrent
FounderLU-AL Holding ApSCurrent
FounderWI-SO Holding ApSCurrent

The CEOs' other companies

Michael Kjeldgaard Munch – 32 other companies

Karsten Robæk Severinsen – 41 other companies

Address history (1 moves)

Bakken 25, 8500 Grenaa
Ndr Truevej 20, 9500 Hobro

Other companies at the same address

Similar companies in Norddjurs

Questions and answers about MK Property ApS

Has MK Property ApS gone bankrupt?

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

What is the bankruptcy risk of MK Property 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 CEO of MK Property ApS?

Michael Kjeldgaard Munch, Karsten Robæk Severinsen are the CEOs of MK Property ApS.

Who is the auditor of MK Property ApS?

MK Property ApS most recently used Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed.

When was MK Property ApS founded?

MK Property ApS was founded on 20 December 2018.

What is the equity of MK Property ApS?

Equity was DKK 51.7m 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.