MDO ApS

CVR 42228605 · Private limited company (ApS) · Active · Medium risk

MDO ApS is a Private limited company (ApS), founded on , based in Nykøbing F. The company is registered in the industry detailhandel med dagligvarer i supermarkeder og købmandsbutikker. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -1.6m and a net result of DKK -1.3m. CEO: Morten Hørup Olsen.

Bankruptcy risk for MDO ApS

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

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×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
42228605
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
St.Kirkestræde 8
4800 Nykøbing F
Municipality
Guldborgsund
Industry
Detailhandel med dagligvarer i supermarkeder og købmandsbutikker (471120)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Kamper + Andersen, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-19.9%
Current ratio58%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 3.4mDKK 2.4mDKK 1.4m
Net profitDKK -1.3mDKK -445kDKK 114k
EquityDKK -1.6mDKK -206kDKK 239k
Total assetsDKK 7.8mDKK 3.4mDKK 1.4m
CashDKK 411kDKK 296k–
Short-term debtDKK 5.8mDKK 3.6m–
Tax owed–DKK 0–
Avg. employees77–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Kamper + Andersen, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022104
18 Mar 2021 – 31 Dec 202181

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
CEOMorten Hørup OlsenCurrent
Owner (100%)Morten Hørup OlsenCurrent
FounderMorten Hørup OlsenCurrent

The CEOs' other companies

Morten Hørup Olsen – 1 other companies

Address history (2 moves)

St.Kirkestræde 8, 4800 Nykøbing F
c/o Morten Olsen, Smedestræde 7, 4880 Nysted
Holebyvej 56, 4894 Øster Ulslev

Former names

MDO ApS – now
Min Købmand Kettinge 2021 ApS –

Similar companies in Guldborgsund

Questions and answers about MDO ApS

Has MDO ApS gone bankrupt?

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

What is the bankruptcy risk of MDO ApS?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of MDO ApS?

Morten Hørup Olsen is the CEO of MDO ApS.

Who is the auditor of MDO ApS?

MDO ApS most recently used Kamper + Andersen, statsautoriseret revisionsaktieselskab.

When was MDO ApS founded?

MDO ApS was founded on 18 March 2021.

What is the equity of MDO ApS?

Equity was DKK -1.6m 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.