Mito Byg ApS

CVR 42159476 · Private limited company (ApS) · Active · Medium risk

Mito Byg ApS is a Private limited company (ApS), founded on , based in Skive. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -71k and a net result of DKK -125k. CEO: Michael Toft Nielsen.

Bankruptcy risk for Mito Byg ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
42159476
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Ydunsvej 26
7800 Skive
Municipality
Skive
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
PRO REVISION
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-7.5%
Current ratio62%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 1.7mDKK 2.0m
Net profitDKK -125kDKK -182k
EquityDKK -71kDKK 54k
Total assetsDKK 954kDKK 1.1m
Short-term debtDKK 1.0m–
Avg. employees4–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202553
1 Jan 2024 – 31 Dec 2024158
1 Jan 2023 – 31 Dec 2023144
1 Jan 2022 – 31 Dec 2022129
1 Jan 2021 – 31 Dec 2021101

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
CEOMichael Toft NielsenCurrent
CEOJonas Søgaard Jensen
CEOMorten Kromand Christensen
Owner (100%)MMJ Gruppen ApSCurrent
Owner (100%)Michael Toft Nielsen
Owner (25%)Mito Holding ApS
Owner (25%)JSJ Byg ApS
Owner (25%)Morten KC Holding ApS
FounderMichael Toft NielsenCurrent

The CEOs' other companies

Michael Toft Nielsen – 4 other companies

Jonas Søgaard Jensen – 4 other companies

Morten Kromand Christensen – 4 other companies

Address history (3 moves)

Ydunsvej 26, 7800 Skive
Marius Jensens Vej 9, 7800 Skive
Væselvej 30, 7800 Skive
Ulvevej 9A, 7800 Skive

Similar companies in Skive

Questions and answers about Mito Byg ApS

Has Mito Byg ApS gone bankrupt?

No, Mito Byg ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Mito Byg ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Mito Byg ApS?

Michael Toft Nielsen is the CEO of Mito Byg ApS.

Who is the auditor of Mito Byg ApS?

Mito Byg ApS most recently used PRO REVISION.

When was Mito Byg ApS founded?

Mito Byg ApS was founded on 13 February 2021.

What is the equity of Mito Byg ApS?

Equity was DKK -71k 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.