M. Nygaard Holding ApS

CVR 40587810 · Private limited company (ApS) · Active · Low risk

M. Nygaard Holding ApS is a Private limited company (ApS), founded on , based in Fredericia. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 7 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.5m and a net result of DKK -211k. CEO: Mikael Nygaard.

Bankruptcy risk for M. Nygaard Holding ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · 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
40587810
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Mikael Nygaard, Sandbakken 9
7000 Fredericia
Municipality
Fredericia
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio99.5%
Current ratio5,724%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK -11kDKK -5,845DKK -12k
Net profitDKK -211kDKK 361kDKK 270k
EquityDKK 1.5mDKK 1.7mDKK 1.5m
Total assetsDKK 1.5mDKK 1.7mDKK 1.5m
CashDKK 534DKK 1,157–
Short-term debtDKK 7,970DKK 7,905–
Avg. employees0––

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

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 2023185 Late
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021165
1 Jan 2020 – 31 Dec 2020172
17 Jun 2019 – 31 Dec 2019174

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
CEOMikael NygaardCurrent
Owner (100%)Mikael NygaardCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderMikael NygaardCurrent

The CEOs' other companies

Mikael Nygaard – 2 other companies

Address history (1 moves)

c/o Mikael Nygaard, Sandbakken 9, 7000 Fredericia
Langesøvej 63, 7000 Fredericia

Other companies at the same address

Similar companies in Fredericia

Questions and answers about M. Nygaard Holding ApS

Has M. Nygaard Holding ApS gone bankrupt?

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

What is the bankruptcy risk of M. Nygaard Holding ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of M. Nygaard Holding ApS?

Mikael Nygaard is the CEO of M. Nygaard Holding ApS.

Who is the auditor of M. Nygaard Holding ApS?

M. Nygaard Holding ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was M. Nygaard Holding ApS founded?

M. Nygaard Holding ApS was founded on 17 June 2019.

What is the equity of M. Nygaard Holding ApS?

Equity was DKK 1.5m 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.