Massive Douglas Denmark/ReBlock ApS

CVR 40307923 · Private limited company (ApS) · Active · Low risk

Massive Douglas Denmark/ReBlock ApS is a Private limited company (ApS), founded on , based in Bjert. The company is registered in the industry fremstilling af andre trævarer og varer af kork, strå og flettematerialer. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 7 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 255k and a net result of DKK 100k. CEO: Max Nissen Herse.

Bankruptcy risk for Massive Douglas Denmark/ReBlock ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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 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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
40307923
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Østerløkke 1A
6091 Bjert
Municipality
Kolding
Industry
Fremstilling af andre trævarer og varer af kork, strå og flettematerialer (162800)
Bankruptcies in the industry: Fremstilling af bygningstømmer og snedkeriartikler i øvrigt
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 7
Missing annual reportNo
Negative equityNo
Equity ratio43.0%
Current ratio153%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 180kDKK 53kDKK 133k
Net profitDKK 100kDKK -7,960DKK -31k
EquityDKK 255kDKK 154kDKK 162k
Total assetsDKK 592kDKK 474kDKK 461k
CashDKK 214kDKK 8,446–
Short-term debtDKK 334kDKK 317k–
Tax owedDKK 32k––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025197 Late
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022195 Late
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020198 Late
1 Mar 2019 – 31 Dec 2019273 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
CEOMax Nissen HerseCurrent
CEOVinni Herse
Owner (100%)VMNH Holding ApSCurrent
Owner (100%)Max Nissen Herse
FounderVMNH Holding ApSCurrent

The CEOs' other companies

Max Nissen Herse – 3 other companies, of which 1 bankrupt

Vinni Herse – 2 other companies, of which 1 bankrupt

Address history (0 moves)

Østerløkke 1A, 6091 Bjert

Former names

Massive Douglas Denmark/ReBlock ApS – now
Massive Douglas Denmark/ReBlock IVS –

Other companies at the same address

Similar companies in Kolding

Questions and answers about Massive Douglas Denmark/ReBlock ApS

Has Massive Douglas Denmark/ReBlock ApS gone bankrupt?

No, Massive Douglas Denmark/ReBlock ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Massive Douglas Denmark/ReBlock ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Massive Douglas Denmark/ReBlock ApS?

Max Nissen Herse is the CEO of Massive Douglas Denmark/ReBlock ApS.

When was Massive Douglas Denmark/ReBlock ApS founded?

Massive Douglas Denmark/ReBlock ApS was founded on 1 March 2019.

What is the equity of Massive Douglas Denmark/ReBlock ApS?

Equity was DKK 255k 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.