M-GLAD HOLDING ApS

CVR 40985085 · Private limited company (ApS) · Active · Low risk

M-GLAD HOLDING ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 125k and a net result of DKK -25k. CEO: Michael Damgaard Glad.

Bankruptcy risk for M-GLAD HOLDING ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
40985085
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Michael Glad, Rosenlunden 7
9000 Aalborg
Municipality
Aalborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
RevisorDK Godkendt Revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio62.6%
Current ratio2%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 0DKK 0
Gross profitDKK -21kDKK -2,251
Net profitDKK -25kDKK 46k
EquityDKK 125kDKK 151k
Total assetsDKK 200kDKK 756k
CashDKK 479–
Short-term debtDKK 25k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisorDK Godkendt Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025103
1 Jan 2024 – 31 Dec 2024139
1 Jan 2023 – 31 Dec 2023107
1 Jan 2022 – 31 Dec 202274
1 Jan 2021 – 31 Dec 202182
3 Dec 2019 – 31 Dec 2020103

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
CEOMichael Damgaard GladCurrent
Owner (100%)Michael Damgaard GladCurrent
FounderMichael Damgaard GladCurrent

The CEOs' other companies

Michael Damgaard Glad – 1 other companies

Address history (0 moves)

c/o Michael Glad, Rosenlunden 7, 9000 Aalborg

Similar companies in Aalborg

Questions and answers about M-GLAD HOLDING ApS

Has M-GLAD HOLDING ApS gone bankrupt?

No, M-GLAD HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M-GLAD HOLDING ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of M-GLAD HOLDING ApS?

Michael Damgaard Glad is the CEO of M-GLAD HOLDING ApS.

Who is the auditor of M-GLAD HOLDING ApS?

M-GLAD HOLDING ApS most recently used RevisorDK Godkendt Revisionsanpartsselskab.

When was M-GLAD HOLDING ApS founded?

M-GLAD HOLDING ApS was founded on 3 December 2019.

What is the equity of M-GLAD HOLDING ApS?

Equity was DKK 125k 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.