Underflod ApS
CVR 42350729 · Private limited company (ApS) · Active · Medium risk
Underflod ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry fremstilling af møbler. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -517k and a net result of DKK -542k. CEO: Mads Maegaard Jørgensen, Emil Kristian Maegaard Jørgensen.
Bankruptcy risk for Underflod ApS
1.9 × the average (1.41%) · higher risk than 86% of active Danish companies
Increases the risk
Reduces the risk
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
- 42350729
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (5 years)
- Address
- Brandts Passage 31E
5000 Odense C - Municipality
- Odense
- Industry
- Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler - Share capital
- DKK 100k
- Auditor
- SØBY REVISORER A/SGODKENDTE REVISORER
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 2 of 5 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -65.6% |
| Current ratio | 73% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 16 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 176k | DKK 35k | DKK 32k |
| Net profit | DKK -542k | DKK -154k | DKK 8,025 |
| Equity | DKK -517k | DKK 25k | DKK 179k |
| Total assets | DKK 788k | DKK 818k | DKK 223k |
| Cash | DKK 16k | DKK 441k | – |
| Short-term debt | DKK 855k | DKK 443k | – |
| Avg. employees | 3 | 3 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · SØBY REVISORER A/SGODKENDTE REVISORER.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 182 | ||
| 1 Jan 2024 – 31 Dec 2024 | 176 | ||
| 1 Jan 2023 – 31 Dec 2023 | 179 | ||
| 1 Jan 2022 – 31 Dec 2022 | 188 | Late | |
| 28 Apr 2021 – 31 Dec 2021 | 187 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Mads Maegaard Jørgensen | Current | |
| CEO | Emil Kristian Maegaard Jørgensen | Current | |
| Board | Rune Schou | Current | |
| Board | Mikkel Præst | Current | |
| Board | Michael Kvist | Current | |
| Owner (5%) | Brian Nelleborg Heise | Current | |
| Owner (15%) | RUNE SCHOU HOLDING ApS | Current | |
| Owner (33%) | KVIST HOLDING A/S | Current | |
| Owner (15%) | First House Invest ApS | Current | |
| Owner (25%) | Underflod Holding ApS | Current | |
| Owner (50%) | Mads Maegaard Jørgensen | ||
| Owner (50%) | Emil Kristian Maegaard Jørgensen | ||
| Owner (10%) | Brian Nelleborg Heise | ||
| Owner (25%) | First House Invest ApS | ||
| Owner (50%) | Underflod Holding ApS | ||
| Owner (15%) | Mikkel Præst | ||
| Owner (10%) | Mads Maegaard Jørgensen | ||
| Owner (10%) | Emil Kristian Maegaard Jørgensen | ||
| Founder | Mads Maegaard Jørgensen | Current | |
| Founder | Emil Kristian Maegaard Jørgensen | Current |
The CEOs' other companies
Mads Maegaard Jørgensen – 2 other companies
- UME Invest ApS Active
- Underflod Holding ApS Active
Emil Kristian Maegaard Jørgensen – 2 other companies
- UME Invest ApS Active
- Underflod Holding ApS Active
Address history (3 moves)
| Brandts Passage 31E, 5000 Odense C | |
| Brandts Passage 34, 5000 Odense C | |
| Havnegade 100, 5000 Odense C | |
| Plumsgade 20, 1., 5000 Odense C |
Other companies at the same address
- COFFEE RIGHT ApS Bankrupt
- ENVY ApS Bankrupt
- Fall ApS Bankrupt
- Odense af 26.01.2023 ApS Bankrupt
- SEPT 2010 ApS Bankrupt
- SPORTSENSING ApS Bankrupt
- 21 ApS Compulsorily dissolved
- Albert Contemporary ApS Active
- BRANDTS INDOOR DENMARK ApS Opløst
- FOCUS TELEMARKETING A/S Active
- Fall´s ApS Compulsorily dissolved
- Fotunika IVS Opløst
- PASFALL HOLDING ApS Fusioneret
- Pasfall Odense Holding ApS Fusioneret
- THOMAS PASFALL COLLECTION ApS Fusioneret
- UME Invest ApS Active
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Questions and answers about Underflod ApS
Has Underflod ApS gone bankrupt?
No, Underflod ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Underflod ApS?
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 Underflod ApS?
Mads Maegaard Jørgensen, Emil Kristian Maegaard Jørgensen are the CEOs of Underflod ApS.
Who is the auditor of Underflod ApS?
Underflod ApS most recently used SØBY REVISORER A/SGODKENDTE REVISORER.
When was Underflod ApS founded?
Underflod ApS was founded on 28 April 2021.
What is the equity of Underflod ApS?
Equity was DKK -517k 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.