MDcars ApS

CVR 40379991 · Private limited company (ApS) · Active · Medium risk

MDcars ApS is a Private limited company (ApS), founded on , based in Randers SV. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 7 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 100k and a net result of DKK 4,244. CEO: Mathias Laursen Drachmann.

Bankruptcy risk for MDcars ApS

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% 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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
40379991
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Skyttegade 4
8940 Randers SV
Municipality
Randers
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Auditor
Regnskabsfabrikanten A/S
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 7
Missing annual reportNo
Negative equityNo
Equity ratio7.7%
Current ratio105%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 578kDKK 654kDKK 609k
Net profitDKK 4,244DKK -71kDKK 216k
EquityDKK 100kDKK 96kDKK 166k
Total assetsDKK 1.3mDKK 1.1mDKK 1.1m
CashDKK 0DKK 900–
Short-term debtDKK 1.2mDKK 983k–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Regnskabsfabrikanten A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024194 Late
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022195 Late
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020124
19 Mar 2019 – 31 Dec 2019225 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
CEOMathias Laursen DrachmannCurrent
Owner (100%)Mathias Laursen DrachmannCurrent
FounderMathias Laursen DrachmannCurrent

The CEOs' other companies

Mathias Laursen Drachmann – 3 other companies, of which 1 bankrupt

Address history (2 moves)

Skyttegade 4, 8940 Randers SV
Eskærvej 16, 8930 Randers NØ
Jomfruløkken 5, 8930 Randers NØ

Other companies at the same address

Similar companies in Randers

Questions and answers about MDcars ApS

Has MDcars ApS gone bankrupt?

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

What is the bankruptcy risk of MDcars ApS?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of MDcars ApS?

Mathias Laursen Drachmann is the CEO of MDcars ApS.

Who is the auditor of MDcars ApS?

MDcars ApS most recently used Regnskabsfabrikanten A/S.

When was MDcars ApS founded?

MDcars ApS was founded on 19 March 2019.

What is the equity of MDcars ApS?

Equity was DKK 100k 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.