MG Holding 2021 ApS

CVR 42254576 · Private limited company (ApS) · Active · Low risk

MG Holding 2021 ApS is a Private limited company (ApS), founded on , based in Ry. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 32k and a net result of DKK -71k. CEO: Martin Østergaard Gertsen.

Bankruptcy risk for MG Holding 2021 ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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
42254576
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Martin Gertsen, Vesterled 16
8680 Ry
Municipality
Skanderborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio12.4%
Current ratio98%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -6,485DKK -6,250
Net profitDKK -71kDKK 93k
EquityDKK 32kDKK 103k
Total assetsDKK 255kDKK 321k
CashDKK 8,352–
Short-term debtDKK 223k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202521
1 Jan 2024 – 31 Dec 2024140
1 Jan 2023 – 31 Dec 2023168
1 Jan 2022 – 31 Dec 2022169
26 Mar 2021 – 31 Dec 2021168

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
CEOMartin Østergaard GertsenCurrent
Owner (100%)Martin Østergaard GertsenCurrent
FounderMartin Østergaard GertsenCurrent

The CEOs' other companies

Martin Østergaard Gertsen – 1 other companies

Address history (1 moves)

c/o Martin Gertsen, Vesterled 16, 8680 Ry
c/o Martin Østergaard Gertsen, Paradisvejen 21, 8600 Silkeborg

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Questions and answers about MG Holding 2021 ApS

Has MG Holding 2021 ApS gone bankrupt?

No, MG Holding 2021 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MG Holding 2021 ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of MG Holding 2021 ApS?

Martin Østergaard Gertsen is the CEO of MG Holding 2021 ApS.

When was MG Holding 2021 ApS founded?

MG Holding 2021 ApS was founded on 26 March 2021.

What is the equity of MG Holding 2021 ApS?

Equity was DKK 32k 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.