MSL Commerce Holding ApS

CVR 41002476 · Private limited company (ApS) · Active · Low risk

MSL Commerce Holding ApS is a Private limited company (ApS), founded on , based in Højbjerg. The company is registered in the industry ikke-finansielle holdingselskaber. 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, 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 19.6m and a net result of DKK 3.3m.

Bankruptcy risk for MSL Commerce Holding 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

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor resigned in the last yearYes · 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×

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
41002476
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Mathias Sass Lyman, Hestehavevej 2D
8270 Højbjerg
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio96.6%
Current ratio935%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -144kDKK -33kDKK -18k
Net profitDKK 3.3mDKK 4.2mDKK 3.9m
EquityDKK 19.6mDKK 16.4mDKK 12.2m
Total assetsDKK 20.3mDKK 16.4mDKK 13.7m
CashDKK 0DKK 1.0m–
Short-term debtDKK 692kDKK 6,000–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021175
12 Dec 2019 – 31 Dec 2020161

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
Owner (100%)Mathias Sass LymanCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMathias Sass LymanCurrent

Address history (1 moves)

c/o Mathias Sass Lyman, Hestehavevej 2D, 8270 Højbjerg
c/o Mathias Sass Lyman, Dalgas Avenue 11, st. th, 8000 Aarhus C

Other companies at the same address

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Questions and answers about MSL Commerce Holding ApS

Has MSL Commerce Holding ApS gone bankrupt?

No, MSL Commerce Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MSL Commerce Holding 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 auditor of MSL Commerce Holding ApS?

MSL Commerce Holding ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was MSL Commerce Holding ApS founded?

MSL Commerce Holding ApS was founded on 12 December 2019.

What is the equity of MSL Commerce Holding ApS?

Equity was DKK 19.6m 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.