Midan ApS
CVR 40647546 · Private limited company (ApS) · Active · Low risk
Midan ApS is a Private limited company (ApS), founded on , based in Kalvehave. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 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 351k and a net result of DKK 64k. CEO: Michael Elgaard Sørensen.
Bankruptcy risk for Midan ApS
0.2 × the average (1.41%) · higher risk than 56% of active Danish companies
Increases the risk
Reduces the risk
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
- 40647546
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (7 years)
- Address
- Udsigten 1E
4771 Kalvehave - Municipality
- Vordingborg
- Industry
- Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv. - Share capital
- DKK 40k
- Auditor
- KvalitetsRevision
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 7 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 64.9% |
| Current ratio | 285% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 7 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 69k | DKK -2,785 |
| Net profit | DKK 64k | DKK 12k |
| Equity | DKK 351k | DKK 288k |
| Total assets | DKK 541k | DKK 448k |
| Cash | DKK 149k | – |
| Short-term debt | DKK 190k | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · KvalitetsRevision.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 139 | ||
| 1 Jan 2024 – 31 Dec 2024 | 120 | ||
| 1 Jan 2023 – 31 Dec 2023 | 46 | ||
| 1 Jan 2022 – 31 Dec 2022 | 75 | ||
| 1 Jan 2021 – 31 Dec 2021 | 80 | ||
| 1 Jan 2020 – 31 Dec 2020 | 48 | ||
| 8 Jul 2019 – 31 Dec 2019 | 250 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Michael Elgaard Sørensen | Current | |
| Owner (100%) | Midan Holding ApS | Current | |
| Founder | Midan Holding ApS | Current |
Address history (2 moves)
| Udsigten 1E, 4771 Kalvehave | |
| Flagspættevej 5, 4700 Næstved | |
| Langdyssen 32, 4700 Næstved |
Other companies at the same address
- H & C PROM KEMI ApS Bankrupt
- PROM'S KEMISKE FABRIK A/S Bankrupt
- Danish Light Steel Technology ApS Active
- L. & P. PROM EXPORT A/S Compulsorily dissolved
- Midan Ejendomme ApS Active
- Midan Holding ApS Active
- PROMS'S KEMISKE FABRIK A/S Fusioneret
Similar companies in Vordingborg
- ØRSLEV AUTOIMPORT ApS Vordingborg
- Aaresøn Biler Vordingborg ApS Vordingborg
- CJ Biler ApS Vordingborg
- Carsten Jensen Biler ApS Vordingborg
- JS Autohandel ApS Lundby
- Benchmark Biler ApS Vordingborg
- Maguse Automobiler ApS Præstø
- LEIF PEDERSEN BILER A/S Vordingborg
- TOMMY SKOVHUS CHRISTENSEN A/S Vordingborg
- BILHUSET PRÆSTØ A/S Præstø
- FRANKS AUTO A/S Vordingborg
- A/S E.H. RASMUSSEN Præstø
Questions and answers about Midan ApS
Has Midan ApS gone bankrupt?
No, Midan ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Midan ApS?
Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.
Who is the CEO of Midan ApS?
Michael Elgaard Sørensen is the CEO of Midan ApS.
Who is the auditor of Midan ApS?
Midan ApS most recently used KvalitetsRevision.
When was Midan ApS founded?
Midan ApS was founded on 8 July 2019.
What is the equity of Midan ApS?
Equity was DKK 351k 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.