MG-VVS ApS

CVR 42022888 · Private limited company (ApS) · Active · High risk

MG-VVS ApS is a Private limited company (ApS), founded on , based in Odense SØ. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 -465k and a net result of DKK -614k. CEO: Jesper Dahl Blicher.

Bankruptcy risk for MG-VVS ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
42022888
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Ørbækvej 339A
5220 Odense SØ
Municipality
Odense
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-97.6%
Current ratio31%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address58
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -352kDKK 210kDKK 317k
Net profitDKK -614kDKK 14kDKK 18k
EquityDKK -465kDKK 149kDKK 135k
Total assetsDKK 476kDKK 1.0mDKK 840k
CashDKK 17kDKK 166k–
Short-term debtDKK 941kDKK 865k–
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 2025181
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 2022197 Late
13 Jan 2021 – 31 Dec 2021172

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
CEOJesper Dahl BlicherCurrent
Owner (100%)Dahl Blicher Invest ApSCurrent
Owner (100%)Overgaard Capital ApS
FounderOvergaard Capital ApSCurrent

The CEOs' other companies

Jesper Dahl Blicher – 34 other companies, of which 10 bankrupt

Address history (1 moves)

Ørbækvej 339A, 5220 Odense SØ
Ørbækvej 339A, 5220 Odense SØ

Former names

MG-VVS ApS – now
Arkitekt Kroghen ApS –

Other companies at the same address

Similar companies in Odense

Questions and answers about MG-VVS ApS

Has MG-VVS ApS gone bankrupt?

No, MG-VVS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MG-VVS ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of MG-VVS ApS?

Jesper Dahl Blicher is the CEO of MG-VVS ApS.

When was MG-VVS ApS founded?

MG-VVS ApS was founded on 13 January 2021.

What is the equity of MG-VVS ApS?

Equity was DKK -465k 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.