Midtjysk El Center ApS
CVR 40833595 · Private limited company (ApS) · Active · Medium risk
Midtjysk El Center ApS is a Private limited company (ApS), founded on , based in Ikast. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 6 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -1.2m and a net result of DKK -748k. CEO: Viggo Fly Mulvad.
Bankruptcy risk for Midtjysk El Center ApS
1.4 × the average (1.41%) · higher risk than 82% 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
- 40833595
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (7 years)
- Address
- Siriusvej 1
7430 Ikast - Municipality
- Ikast-Brande
- Industry
- El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed - Share capital
- DKK 40k
- Auditor
- Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed
- Audit opted out
- No
Warning signs
| Annual reports filed late | 4 of 6 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -22.6% |
| Current ratio | 74% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 2 |
| Other companies at the address | 12 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 8.8m | DKK 9.1m | DKK 9.9m |
| Net profit | DKK -748k | DKK -1.1m | DKK 640k |
| Equity | DKK -1.2m | DKK -460k | DKK 666k |
| Total assets | DKK 5.4m | DKK 5.8m | DKK 6.8m |
| Cash | DKK 731 | DKK 4,117 | – |
| Short-term debt | DKK 6.6m | DKK 6.2m | – |
| Avg. employees | 21 | 24 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jul 2024 – 30 Jun 2025 | 198 | Late | |
| 1 Jul 2023 – 30 Jun 2024 | 199 | Late | |
| 1 Jul 2022 – 30 Jun 2023 | 152 | ||
| 1 Jul 2021 – 30 Jun 2022 | 196 | Late | |
| 1 Jul 2020 – 30 Jun 2021 | 168 | ||
| 1 Oct 2019 – 30 Jun 2020 | 188 | 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 | Viggo Fly Mulvad | Current | |
| Owner (100%) | V.M.ApS | Current | |
| Auditor | Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed | Current | |
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | Partner Revision statsautoriseret revisionsaktieselskab | ||
| Founder | V.M.ApS | Current |
The CEOs' other companies
Viggo Fly Mulvad – 17 other companies, of which 4 bankrupt
- Datoselskabet MEC af august 2022 A/S Bankrupt 11 Aug 2022
- Footwear Group P/S Bankrupt 16 Oct 2020
- SHOP IN IKAST ApS Bankrupt 7 Jun 2022
- Selskab af 15/09-2018 ApS Bankrupt 13 Nov 2018
- Align Footwear ApS Active
- Ikast Bymidte ApS Opløst
- J & J INVEST ApS Opløst
- JBC ENT. HOLDING ApS Opløst
- KIRCHHEINER HOLDING ApS Opløst
- MEC DETAIL A/S Fusioneret
- NORLIGHT ApS Opløst
- NORLIGHT ApS Opløst
- P1 IKAST A/S Compulsorily dissolved
- V.M. Align IVS Compulsorily dissolved
- V.M. LEASING ApS Fusioneret
- V.M.ApS Active
- VM INVEST, IKAST ApS Active
Address history (0 moves)
| Siriusvej 1, 7430 Ikast |
Former names
| Midtjysk El Center ApS | – now |
| Align Group ApS | – |
Other companies at the same address
- Datoselskabet MEC af august 2022 A/S Bankrupt
- Footwear Group P/S Bankrupt
- SHOP IN IKAST ApS Bankrupt
- FABIN SPORT, IKAST ApS Opløst
- J & J INVEST ApS Opløst
- JBC ENT. HOLDING ApS Opløst
- KIRCHHEINER HOLDING ApS Opløst
- MEC DETAIL A/S Fusioneret
- Mette's Guldlopper ApS Compulsorily dissolved
- NORLIGHT ApS Opløst
- P1 IKAST A/S Compulsorily dissolved
- VM INVEST, IKAST ApS Active
Similar companies in Ikast-Brande
- Borre Elteknik ApS Ikast
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- A/S KNUD KNUDSEN. IKAST Ikast
- PC El-Service ApS Ikast
- Husly Elektriker ApS Ikast
- JN EL-Service ApS Ikast
- Midtjysk El-Teknik ApS Nørre Snede
- Østermarks El-Service ApS Klovborg
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Questions and answers about Midtjysk El Center ApS
Has Midtjysk El Center ApS gone bankrupt?
No, Midtjysk El Center ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Midtjysk El Center ApS?
Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.
Who is the CEO of Midtjysk El Center ApS?
Viggo Fly Mulvad is the CEO of Midtjysk El Center ApS.
Who is the auditor of Midtjysk El Center ApS?
Midtjysk El Center ApS most recently used Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed.
When was Midtjysk El Center ApS founded?
Midtjysk El Center ApS was founded on 1 October 2019.
What is the equity of Midtjysk El Center ApS?
Equity was DKK -1.2m according to the annual report for the period ending 30 June 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.