MA-Bilhandel ApS

CVR 40108874 · Private limited company (ApS) · Active · Low risk

MA-Bilhandel ApS is a Private limited company (ApS), founded on , based in Grindsted. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.7m and a net result of DKK 1.3m. CEO: Morten Lykkegaard Andersen.

Bankruptcy risk for MA-Bilhandel 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

Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
40108874
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Hedemarken 35
7200 Grindsted
Municipality
Billund
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio43.1%
Current ratio80%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 6.0mDKK 5.3mDKK 4.4m
Net profitDKK 1.3mDKK 1.1mDKK 1.2m
EquityDKK 1.7mDKK 1.4mDKK 1.3m
Total assetsDKK 3.9mDKK 5.1mDKK 4.3m
CashDKK 74kDKK 1.7m–
Short-term debtDKK 2.0mDKK 3.5m–
Avg. employees77–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202597
1 Jan 2024 – 31 Dec 2024142
1 Jan 2023 – 31 Dec 2023134
1 Jan 2022 – 31 Dec 2022135
1 Jan 2021 – 31 Dec 2021119
1 Jan 2020 – 31 Dec 2020118
19 Dec 2018 – 31 Dec 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
CEOMorten Lykkegaard AndersenCurrent
Owner (67%)Lykkegaard Holding, Grindsted ApSCurrent
Owner (20%)KJ Holding Grindsted ApSCurrent
Owner (100%)Lykkegaard Holding, Grindsted ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorKROGH & THOMSEN I/S
FounderLykkegaard Holding, Grindsted ApSCurrent

The CEOs' other companies

Morten Lykkegaard Andersen – 3 other companies

Address history (0 moves)

Hedemarken 35, 7200 Grindsted

Other companies at the same address

Similar companies in Billund

Questions and answers about MA-Bilhandel ApS

Has MA-Bilhandel ApS gone bankrupt?

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

What is the bankruptcy risk of MA-Bilhandel 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 MA-Bilhandel ApS?

Morten Lykkegaard Andersen is the CEO of MA-Bilhandel ApS.

Who is the auditor of MA-Bilhandel ApS?

MA-Bilhandel ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MA-Bilhandel ApS founded?

MA-Bilhandel ApS was founded on 19 December 2018.

What is the equity of MA-Bilhandel ApS?

Equity was DKK 1.7m 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.