MSG Capital APS

CVR 40935282 · Private limited company (ApS) · Active · Medium risk

MSG Capital APS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 6 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -55.2m and a net result of DKK 8.3m. CEO: Glenn Steven Nielsen.

Bankruptcy risk for MSG Capital APS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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
40935282
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o H&L Invest ApS, Indiavej 1, 3.
2100 København Ø
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-14.0%
Current ratio486%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address33
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -560kDKK -23kDKK -28k
Net profitDKK 8.3mDKK -29.2mDKK -19.0m
EquityDKK -55.2mDKK -63.5mDKK -34.3m
Total assetsDKK 394.2mDKK 220.3mDKK 76.6m
CashDKK 14DKK 14–
Short-term debtDKK 11.2mDKK 34k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · BDO.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025194 Late
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021185 Late
12 Nov 2019 – 31 Dec 2020186 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
CEOGlenn Steven NielsenCurrent
BoardSteen Lorenz Johan HansenCurrent
BoardMichael Halborg-BendtsenCurrent
BoardGlenn Steven NielsenCurrent
Owner (50%)H&L INVEST ApSCurrent
Owner (25%)BENDTSEN HOLDING ApSCurrent
Owner (10%)GN INVEST ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderGlenn Steven NielsenCurrent

The CEOs' other companies

Glenn Steven Nielsen – 33 other companies, of which 1 bankrupt

Address history (1 moves)

c/o H&L Invest ApS, Indiavej 1, 3., 2100 København Ø
c/o Hansen & Langeland ApS, Bregnerødvej 139, 3460 Birkerød

Other companies at the same address

Similar companies in København

Questions and answers about MSG Capital APS

Has MSG Capital APS gone bankrupt?

No, MSG Capital APS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MSG Capital 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 MSG Capital APS?

Glenn Steven Nielsen is the CEO of MSG Capital APS.

Who is the auditor of MSG Capital APS?

MSG Capital APS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MSG Capital APS founded?

MSG Capital APS was founded on 12 November 2019.

What is the equity of MSG Capital APS?

Equity was DKK -55.2m 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.