Mk Development Holding ApS

CVR 40603085 · Private limited company (ApS) · Active · Medium risk

Mk Development Holding ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 202k and a net result of DKK 13k. CEO: Morten Kjertan Holse.

Bankruptcy risk for Mk Development Holding ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
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×

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
40603085
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Morten Kjertan Nielsen, Roarsvej 1
7400 Herning
Municipality
Herning
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 50k
Auditor
Revision Ry & Hammel Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityNo
Equity ratio22.8%
Current ratio166%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -35kDKK -39k
Net profitDKK 13kDKK -134k
EquityDKK 202kDKK 189k
Total assetsDKK 883kDKK 518k
CashDKK 8,905–
Short-term debtDKK 533k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision Ry & Hammel Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025111
1 Jan 2024 – 31 Dec 202473
1 Jan 2023 – 31 Dec 2023159
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 202189
1 Jan 2020 – 31 Dec 2020183
29 May 2019 – 31 Dec 2019196 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
CEOMorten Kjertan HolseCurrent
Owner (100%)Morten Kjertan HolseCurrent
FounderMorten Kjertan HolseCurrent

The CEOs' other companies

Morten Kjertan Holse – 6 other companies, of which 1 bankrupt

Address history (1 moves)

c/o Morten Kjertan Nielsen, Roarsvej 1, 7400 Herning
c/o Morten Kjertan Nielsen, Pilevænget 1, 8464 Galten

Other companies at the same address

Similar companies in Herning

Questions and answers about Mk Development Holding ApS

Has Mk Development Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Mk Development Holding ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Mk Development Holding ApS?

Morten Kjertan Holse is the CEO of Mk Development Holding ApS.

Who is the auditor of Mk Development Holding ApS?

Mk Development Holding ApS most recently used Revision Ry & Hammel Godkendt Revisionsaktieselskab.

When was Mk Development Holding ApS founded?

Mk Development Holding ApS was founded on 29 May 2019.

What is the equity of Mk Development Holding ApS?

Equity was DKK 202k 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.