Midtgaard Engineering ApS

CVR 41177624 · Private limited company (ApS) · Active · Low risk

Midtgaard Engineering ApS is a Private limited company (ApS), founded on , based in Klampenborg. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 136k and a net result of DKK 25k.

Bankruptcy risk for Midtgaard Engineering ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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
41177624
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Strandvejen 675A
2930 Klampenborg
Municipality
Lyngby-Taarbæk
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio81.7%
Current ratio546%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue–DKK 347kDKK 217k
Gross profitDKK 32kDKK 252kDKK 114k
Net profitDKK 25kDKK 197kDKK 89k
EquityDKK 136kDKK 106kDKK 519k
Total assetsDKK 166kDKK 134kDKK 548k
CashDKK 158kDKK 130k–
Short-term debtDKK 30kDKK 28k–

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 202521
1 Jan 2024 – 31 Dec 202449
1 Jan 2023 – 31 Dec 202356
1 Jan 2022 – 31 Dec 202287
1 Jan 2021 – 31 Dec 202154
11 Feb 2020 – 31 Dec 2020178

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
CEOKnud Midtgaard
Owner (100%)Frances Anne WilsonCurrent
Owner (50%)Knud Midtgaard
Owner (50%)Frances Anne Wilson
FounderKnud MidtgaardCurrent
FounderFrances Anne WilsonCurrent

The CEOs' other companies

Knud Midtgaard – 1 other companies, of which 1 bankrupt

Address history (1 moves)

Strandvejen 675A, 2930 Klampenborg
Strandvejen 675A, 2930 Klampenborg

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about Midtgaard Engineering ApS

Has Midtgaard Engineering ApS gone bankrupt?

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

What is the bankruptcy risk of Midtgaard Engineering ApS?

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

When was Midtgaard Engineering ApS founded?

Midtgaard Engineering ApS was founded on 11 February 2020.

What is the equity of Midtgaard Engineering ApS?

Equity was DKK 136k 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.