Retail by MARY ApS

CVR 41305584 · Private limited company (ApS) · Active · Medium risk

Retail by MARY ApS is a Private limited company (ApS), founded on , based in Ikast. The company is registered in the industry detailhandel med tøj. 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 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -11.8m and a net result of DKK -9.5m. CEO: Thorsten Andy Madsen.

Bankruptcy risk for Retail by MARY 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

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
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
41305584
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Pardon Clothing A/S, Navervej 16
7430 Ikast
Municipality
Ikast-Brande
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 45k
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-319.0%
Current ratio19%
Moves (last 2 years)2
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address27
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 1.6mDKK 7.4m
Net profitDKK -9.5mDKK -2.7m
EquityDKK -11.8mDKK -2.4m
Total assetsDKK 3.7mDKK 11.2m
CashDKK 44k–
Short-term debtDKK 14.6m–
Avg. employees25–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024212 Late
1 Jan 2023 – 31 Dec 2023197 Late
1 Jan 2022 – 31 Dec 2022220 Late
1 Jan 2021 – 31 Dec 2021150
20 Apr 2020 – 31 Dec 2020162

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
CEOThorsten Andy MadsenCurrent
CEORene Toft Kristiansen
CEOMads Holm Zink
CEOMichael Mehli Mikkelsen
BoardClaus Holm Zink
BoardRene Toft Kristiansen
BoardMads Holm Zink
Owner (100%)CMT Invest ApSCurrent
Owner (33%)MR1 Holding ApS
Owner (33%)MR2 Holding ApS
Owner (33%)MR3 Holding ApS
Owner (33%)CMT Invest ApS
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorSØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMR1 Holding ApSCurrent
FounderMR2 Holding ApSCurrent
FounderMR3 Holding ApSCurrent

The CEOs' other companies

Thorsten Andy Madsen – 19 other companies, of which 1 bankrupt

Rene Toft Kristiansen – 7 other companies, of which 3 bankrupt

Mads Holm Zink – 2 other companies, of which 1 bankrupt

Michael Mehli Mikkelsen – 1 other companies

Address history (3 moves)

c/o Pardon Clothing A/S, Navervej 16, 7430 Ikast
Søndergade 41A, st., 8700 Horsens
Søndergade 30, 8700 Horsens
Sejsbjerg 32, 6200 Aabenraa

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about Retail by MARY ApS

Has Retail by MARY ApS gone bankrupt?

No, Retail by MARY ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Retail by MARY 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 Retail by MARY ApS?

Thorsten Andy Madsen is the CEO of Retail by MARY ApS.

Who is the auditor of Retail by MARY ApS?

Retail by MARY ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was Retail by MARY ApS founded?

Retail by MARY ApS was founded on 20 April 2020.

What is the equity of Retail by MARY ApS?

Equity was DKK -11.8m 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.