MSF92 Holding ApS

CVR 42374717 · Private limited company (ApS) · Active · High risk

MSF92 Holding ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 4 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -21k and a net result of DKK 277. CEO: Morten Sjøgren Færmann.

Bankruptcy risk for MSF92 Holding ApS

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
Missed filing deadlines1 · bankruptcy rate 34.0%3.9×
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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×
Other companies at the same address0 · bankruptcy rate 7.5%0.85×

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
42374717
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Hovmarksvej 88
8700 Horsens
Municipality
Horsens
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
KvalitetsRevision
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportYes
Negative equityYes
Equity ratio-168.8%
Current ratio0%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -6,552DKK -1,500DKK -4,995
Net profitDKK 277DKK -16kDKK -54k
EquityDKK -21kDKK -21kDKK -4,995
Total assetsDKK 21kDKK 13kDKK 0
CashDKK 0DKK 5–
Short-term debtDKK 42kDKK 34k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023205 Late
1 Jan 2022 – 31 Dec 2022155
10 May 2021 – 31 Dec 202174

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 Sjøgren FærmannCurrent
CEOJens Asp Kraul
Owner (100%)Morten Sjøgren FærmannCurrent
Owner (25%)Andreas Lindhardt Bojsen Nikolajsen
Owner (10%)Kim Udengaard Hansen
Owner (10%)Gravesen Holding ApS
Owner (25%)Upnorth Holding ApS
Owner (33%)Kraul Holding ApS
Owner (33%)Gravesen Holding ApS
FounderAndreas Lindhardt Bojsen NikolajsenCurrent
FounderKim Udengaard HansenCurrent
FounderGravesen Holding ApSCurrent
FounderUpnorth Holding ApSCurrent
FounderKraul Holding ApSCurrent

The CEOs' other companies

Jens Asp Kraul – 3 other companies

Address history (1 moves)

Hovmarksvej 88, 8700 Horsens
c/o Embal, Godthåbsvej 19, 8660 Skanderborg

Former names

MSF92 Holding ApS – now
Embal ApS –

Similar companies in Horsens

Questions and answers about MSF92 Holding ApS

Has MSF92 Holding ApS gone bankrupt?

No, MSF92 Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MSF92 Holding ApS?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of MSF92 Holding ApS?

Morten Sjøgren Færmann is the CEO of MSF92 Holding ApS.

Who is the auditor of MSF92 Holding ApS?

MSF92 Holding ApS most recently used KvalitetsRevision.

When was MSF92 Holding ApS founded?

MSF92 Holding ApS was founded on 10 May 2021.

What is the equity of MSF92 Holding ApS?

Equity was DKK -21k according to the annual report for the period ending 30 September 2025.

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