MG Motor Danmark A/S

CVR 41321261 · Public limited company (A/S) · Active · Low risk

MG Motor Danmark A/S is a Public limited company (A/S), founded on , based in Fredericia. The company is registered in the industry detailhandel med motorkøretøjer. 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 11.6m and a net result of DKK 11.1m. CEO: Thomas Lund.

Bankruptcy risk for MG Motor Danmark A/S

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

Website registeredYes · bankruptcy rate 12.0%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
41321261
Status
Active
Company type
Public limited company (A/S)
Founded
(6 years)
Address
Baronessens Kvarter 5
7000 Fredericia
Municipality
Fredericia
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 500k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio8.8%
Current ratio110%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 16.9mDKK 1.2m
Net profitDKK 11.1mDKK -1.7m
EquityDKK 11.6mDKK 500k
Total assetsDKK 131.6mDKK 74.2m
CashDKK 3.2m–
Short-term debtDKK 120.0m–
Avg. employees0–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023151
1 Jan 2022 – 31 Dec 2022159
1 Jan 2021 – 31 Dec 2021150
23 Apr 2020 – 31 Dec 2020173

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
CEOThomas LundCurrent
CEOMogens Hardt Lyngsø
BoardVilhelm Jacob NellemannCurrent
BoardMogens Hardt LyngsøCurrent
BoardClaus Mikael Nielsen AarslevCurrent
BoardVilhelm Jacob Nellemann
BoardClaus Mikael Nielsen Aarslev
BoardMogens Hardt Lyngsø
BoardSimon Pallesen
Owner (100%)Nellemann Automotive Distribution A/SCurrent
Owner (100%)NELLEMANN HOLDING A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderNELLEMANN HOLDING A/SCurrent

The CEOs' other companies

Thomas Lund – 5 other companies

Mogens Hardt Lyngsø – 13 other companies

Address history (2 moves)

Baronessens Kvarter 5, 7000 Fredericia
Hauløkkevej 4, 7000 Fredericia
Bryggervangen 39, 2100 København Ø

Other companies at the same address

Similar companies in Fredericia

Questions and answers about MG Motor Danmark A/S

Has MG Motor Danmark A/S gone bankrupt?

No, MG Motor Danmark A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MG Motor Danmark A/S?

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.

Who is the CEO of MG Motor Danmark A/S?

Thomas Lund is the CEO of MG Motor Danmark A/S.

Who is the auditor of MG Motor Danmark A/S?

MG Motor Danmark A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MG Motor Danmark A/S founded?

MG Motor Danmark A/S was founded on 23 April 2020.

What is the equity of MG Motor Danmark A/S?

Equity was DKK 11.6m 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.