M. Grundtvig A/S

CVR 42105376 · Public limited company (A/S) · Active · Medium risk

M. Grundtvig A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry sportsaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 5 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 -4.6m and a net result of DKK -180k. CEO: Mikkel Küno Møllegaard Laugesen Grundtvig.

Bankruptcy risk for M. Grundtvig A/S

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
42105376
Status
Active
Company type
Public limited company (A/S)
Founded
(5 years)
Address
Helsingørvej 4
7100 Vejle
Municipality
Vejle
Industry
Sportsaktiviteter i.a.n. (931900)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 400k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-54,033.0%
Current ratio0%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address53
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -10kDKK 18k
Net profitDKK -180kDKK -212k
EquityDKK -4.6mDKK -4.4m
Total assetsDKK 8,475DKK 9,113
Short-term debtDKK 4.6m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023198 Late
1 Jan 2022 – 31 Dec 2022195 Late
5 Feb 2021 – 31 Dec 2021195 Late

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
CEOMikkel Küno Møllegaard Laugesen GrundtvigCurrent
BoardMikkel Küno Møllegaard Laugesen GrundtvigCurrent
BoardMichael Glenn Møller SørensenCurrent
BoardPreben Møllegaard GrundtvigCurrent
BoardTorben Prüss
BoardLars Meerson Rasmussen
BoardNicolai Thornemann
Owner (100%)Mikkel Küno Møllegaard Laugesen GrundtvigCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderMikkel Küno Møllegaard Laugesen GrundtvigCurrent

The CEOs' other companies

Mikkel Küno Møllegaard Laugesen Grundtvig – 3 other companies

Address history (1 moves)

Helsingørvej 4, 7100 Vejle
Wittrupvej 1, 7120 Vejle Øst

Other companies at the same address

Similar companies in Vejle

Questions and answers about M. Grundtvig A/S

Has M. Grundtvig A/S gone bankrupt?

No, M. Grundtvig A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M. Grundtvig A/S?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of M. Grundtvig A/S?

Mikkel Küno Møllegaard Laugesen Grundtvig is the CEO of M. Grundtvig A/S.

Who is the auditor of M. Grundtvig A/S?

M. Grundtvig A/S most recently used Beierholm.

When was M. Grundtvig A/S founded?

M. Grundtvig A/S was founded on 5 February 2021.

What is the equity of M. Grundtvig A/S?

Equity was DKK -4.6m 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.