Michael Conradsen Holding ApS

CVR 40562060 · Private limited company (ApS) · Active · Low risk

Michael Conradsen Holding ApS is a Private limited company (ApS), founded on , based in Odense S. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 7 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 87k and a net result of DKK -15k. CEO: Michael Conradsen.

Bankruptcy risk for Michael Conradsen Holding ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Published annual reports5–10 · 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
40562060
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Ærtemarken 26
5260 Odense S
Municipality
Odense
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityNo
Equity ratio48.5%
Current ratio41%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -1,349DKK -1,188DKK -1,108
Net profitDKK -15kDKK 47kDKK 31k
EquityDKK 87kDKK 102kDKK 55k
Total assetsDKK 179kDKK 190kDKK 139k
CashDKK 3,205DKK 57k–
Short-term debtDKK 92kDKK 87k–
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 2025163
1 Jan 2024 – 31 Dec 2024121
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020186 Late
3 Jun 2019 – 31 Dec 2019232 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 ConradsenCurrent
Owner (100%)Michael ConradsenCurrent
FounderMichael ConradsenCurrent

Address history (2 moves)

Ærtemarken 26, 5260 Odense S
Hjallesevej 102, 2. th, 5230 Odense M
Østerbæksvej 8, 2. th, 5230 Odense M

Other companies at the same address

Similar companies in Odense

Questions and answers about Michael Conradsen Holding ApS

Has Michael Conradsen Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Michael Conradsen Holding ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Michael Conradsen Holding ApS?

Michael Conradsen is the CEO of Michael Conradsen Holding ApS.

When was Michael Conradsen Holding ApS founded?

Michael Conradsen Holding ApS was founded on 3 June 2019.

What is the equity of Michael Conradsen Holding ApS?

Equity was DKK 87k 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.