MIWA Holding ApS

CVR 42436186 · Private limited company (ApS) · Active · Low risk

MIWA Holding ApS is a Private limited company (ApS), founded on , based in Randers NV. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 5 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 13.9m and a net result of DKK -7.4m. CEO: Michael Wardinghus Nielsen.

Bankruptcy risk for MIWA Holding ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
42436186
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Michael Wardinghus Nielsen, Blyvej 18
8920 Randers NV
Municipality
Randers
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityNo
Equity ratio71.3%
Current ratio–
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 year202520242023
Gross profitDKK -6,000DKK -145kDKK -4,000
Net profitDKK -7.4mDKK 20.1mDKK -86k
EquityDKK 13.9mDKK 21.4mDKK 1.3m
Total assetsDKK 19.4mDKK 26.6mDKK 2.9m
Short-term debtDKK 5.6mDKK 5.3m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025198 Late
1 Oct 2023 – 30 Sep 2024183
1 Oct 2022 – 30 Sep 202367
1 Oct 2021 – 30 Sep 202266
31 May 2021 – 30 Sep 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
CEOMichael Wardinghus NielsenCurrent
Owner (100%)Michael Wardinghus NielsenCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMichael Wardinghus NielsenCurrent

The CEOs' other companies

Michael Wardinghus Nielsen – 4 other companies

Address history (1 moves)

c/o Michael Wardinghus Nielsen, Blyvej 18, 8920 Randers NV
c/o Michael Wardinghus Nielsen, Blyvej 18, 8920 Randers NV

Similar companies in Randers

Questions and answers about MIWA Holding ApS

Has MIWA Holding ApS gone bankrupt?

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

What is the bankruptcy risk of MIWA Holding ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of MIWA Holding ApS?

Michael Wardinghus Nielsen is the CEO of MIWA Holding ApS.

Who is the auditor of MIWA Holding ApS?

MIWA Holding ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MIWA Holding ApS founded?

MIWA Holding ApS was founded on 31 May 2021.

What is the equity of MIWA Holding ApS?

Equity was DKK 13.9m 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.