M.A.D. Properties ApS
CVR 41632909 · Private limited company (ApS) · Active · Very high risk
M.A.D. Properties ApS is a Private limited company (ApS), founded on , based in Helsingør. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 24.0% over the next 12 months, which is 17.1 times the average for Danish companies. 5 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 -1.5m and a net result of DKK -1.7m. CEO: Philip John Vabø.
Bankruptcy risk for M.A.D. Properties ApS
17.1 × the average (1.41%) · higher risk than 100% of active Danish companies
Increases the risk
Reduces the risk
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
- 41632909
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (6 years)
- Address
- Moselundsvej 84
3000 Helsingør - Municipality
- Helsingør
- Industry
- Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme - Share capital
- DKK 40k
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 5 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -132.5% |
| Current ratio | 43% |
| Moves (last 2 years) | 2 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 0 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -706k | DKK -233k | DKK -6,356 |
| Net profit | DKK -1.7m | DKK -43k | DKK -442k |
| Equity | DKK -1.5m | DKK 140k | DKK 183k |
| Total assets | DKK 1.1m | DKK 5.2m | DKK 8.2m |
| Cash | DKK 0 | DKK 104k | – |
| Short-term debt | DKK 2.7m | DKK 5.0m | – |
| Avg. employees | 1 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 181 | ||
| 1 Jan 2024 – 31 Dec 2024 | 73 | ||
| 1 Jan 2023 – 31 Dec 2023 | 186 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 175 | ||
| 31 Aug 2020 – 31 Dec 2021 | 84 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Philip John Vabø | Current | |
| CEO | Benny Bork | ||
| Owner (100%) | Philip John Vabø | Current | |
| Owner (100%) | Aavild Consulting ApS | ||
| Owner (100%) | M.A.D. Invest ApS | ||
| Owner (100%) | RAKH Invest ApS | ||
| Owner (100%) | SBH Invest ApS | ||
| Owner (100%) | RAKH Holding ApS | ||
| Owner (100%) | Snyggt.dk ApS | ||
| Founder | Aavild Consulting ApS | Current |
The CEOs' other companies
Philip John Vabø – 1 other companies, of which 1 bankrupt
- Aktieselskabet af 14. oktober 1971 Bankrupt 9 Oct 2017
Benny Bork – 8 other companies, of which 1 bankrupt
- SHCG A/S Bankrupt 20 Oct 2021
- 22/2-2017 ApS Compulsorily dissolved
- DIGNITA ANPARTSSELSKAB Compulsorily dissolved
- EJERBÆKGAARD HØJGAARD ApS Active
- EQCA ApS Compulsorily dissolved
- M.A.D Consulting ApS Active
- Snyggt.dk ApS Active
- Trader Ben'z A/S Opløst
Address history (5 moves)
| Moselundsvej 84, 3000 Helsingør | |
| Nordmarksvej 23, 2690 Karlslunde | |
| Lille Strandstræde 6A, st. th, 1254 København K | |
| Hovedvejen 3, 1., 2600 Glostrup | |
| Trianglen 4, 2100 København Ø | |
| Rådhusvej 63, 2920 Charlottenlund |
Former names
| M.A.D. Properties ApS | – now |
| Delta Properties ApS | – |
| Active Solutions ApS | – |
Similar companies in Helsingør
- Dønholm ApS Hornbæk
- NNB Ejendomme ApS Kvistgård
- JLL B2 ApS Snekkersten
- Axelsson Ejendomme ApS Helsingør
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Questions and answers about M.A.D. Properties ApS
Has M.A.D. Properties ApS gone bankrupt?
No, M.A.D. Properties ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of M.A.D. Properties ApS?
Our model estimates a bankruptcy risk of 24.0% over the next 12 months (very high risk), which is 17.1 times the average for Danish companies.
Who is the CEO of M.A.D. Properties ApS?
Philip John Vabø is the CEO of M.A.D. Properties ApS.
When was M.A.D. Properties ApS founded?
M.A.D. Properties ApS was founded on 31 August 2020.
What is the equity of M.A.D. Properties ApS?
Equity was DKK -1.5m 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.