MSEM Holding ApS

CVR 41144807 · Private limited company (ApS) · Active · Medium risk

MSEM Holding ApS is a Private limited company (ApS), founded on , based in Ry. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 218k and a net result of DKK 8,158.

Bankruptcy risk for MSEM Holding ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%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×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
41144807
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Akacievej 15
8680 Ry
Municipality
Skanderborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio87.8%
Current ratio–
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profit–DKK 0DKK 0
Net profitDKK 8,158DKK -258kDKK -108k
EquityDKK 218kDKK 37kDKK 295k
Total assetsDKK 248kDKK 67kDKK 324k
Short-term debt–DKK 12k–
Avg. employees01–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023152
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021319 Late
6 Feb 2020 – 31 Dec 2020180

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 Havgaard Mikkelsen
Owner (100%)Mads Havgaard MikkelsenCurrent
FounderMads Havgaard MikkelsenCurrent

The CEOs' other companies

Mads Havgaard Mikkelsen – 1 other companies

Address history (1 moves)

Akacievej 15, 8680 Ry
Reventlowsvej 45, 8260 Viby J

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about MSEM Holding ApS

Has MSEM Holding ApS gone bankrupt?

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

What is the bankruptcy risk of MSEM Holding 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.

When was MSEM Holding ApS founded?

MSEM Holding ApS was founded on 6 February 2020.

What is the equity of MSEM Holding ApS?

Equity was DKK 218k 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.