M. & J. Byg ApS

CVR 40899227 · Private limited company (ApS) · Active · Low risk

M. & J. Byg ApS is a Private limited company (ApS), founded on , based in Frederikshavn. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 122k and a net result of DKK -60k. CEO: Mads Munch Bak Pedersen.

Bankruptcy risk for M. & J. Byg ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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
40899227
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Lendumvej 69
9900 Frederikshavn
Municipality
Frederikshavn
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio38.3%
Current ratio136%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 704kDKK 726k
Net profitDKK -60kDKK 118k
EquityDKK 122kDKK 183k
Total assetsDKK 318kDKK 416k
CashDKK 1,331–
Short-term debtDKK 196k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202534
1 Jan 2024 – 31 Dec 202424
1 Jan 2023 – 31 Dec 202371
1 Jan 2022 – 31 Dec 202247
1 Jan 2021 – 31 Dec 202138
1 Nov 2019 – 31 Dec 202029

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
CEOMads Munch Bak PedersenCurrent
CEOJonas Thorø Rasmussen
Owner (100%)Mads Munch Bak PedersenCurrent
Owner (50%)Mads Munch Bak Pedersen
Owner (50%)Jonas Thorø Rasmussen
FounderMads Munch Bak PedersenCurrent
FounderJonas Thorø RasmussenCurrent

Address history (2 moves)

Lendumvej 69, 9900 Frederikshavn
Sankelmarksvej 33, 9900 Frederikshavn
Sandvej 5, 9982 Ålbæk

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Questions and answers about M. & J. Byg ApS

Has M. & J. Byg ApS gone bankrupt?

No, M. & J. Byg ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M. & J. Byg ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of M. & J. Byg ApS?

Mads Munch Bak Pedersen is the CEO of M. & J. Byg ApS.

When was M. & J. Byg ApS founded?

M. & J. Byg ApS was founded on 31 October 2019.

What is the equity of M. & J. Byg ApS?

Equity was DKK 122k 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.