Vitruvius et Midas ApS

CVR 42299804 · Private limited company (ApS) · Active · Very high risk

Vitruvius et Midas ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 4 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -49k and a net result of DKK -56k. CEO: Morten Juul Heding Andersen.

Bankruptcy risk for Vitruvius et Midas ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% 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×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
42299804
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o ArupHvidt, Østergade 27, 6.
1100 København K
Municipality
København
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 late3 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-6,526.2%
Current ratio2%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address47
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -8,418DKK -435
Net profitDKK -56kDKK 29k
EquityDKK -49kDKK 7,262
Total assetsDKK 744DKK 43k
CashDKK 744–
Short-term debtDKK 49k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025196 Late
1 Jul 2023 – 30 Jun 2024216 Late
1 Jul 2022 – 30 Jun 2023173
13 Apr 2021 – 30 Jun 2022216 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
CEOMorten Juul Heding AndersenCurrent
Owner (100%)Morten Juul Heding AndersenCurrent
FounderMorten Juul Heding AndersenCurrent

The CEOs' other companies

Morten Juul Heding Andersen – 6 other companies, of which 3 bankrupt

Address history (1 moves)

c/o ArupHvidt, Østergade 27, 6., 1100 København K
Nørre Voldgade 88, 3., 1358 København K

Other companies at the same address

Similar companies in København

Questions and answers about Vitruvius et Midas ApS

Has Vitruvius et Midas ApS gone bankrupt?

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

What is the bankruptcy risk of Vitruvius et Midas ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Vitruvius et Midas ApS?

Morten Juul Heding Andersen is the CEO of Vitruvius et Midas ApS.

When was Vitruvius et Midas ApS founded?

Vitruvius et Midas ApS was founded on 13 April 2021.

What is the equity of Vitruvius et Midas ApS?

Equity was DKK -49k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.