MTM Byg og montage ApS

CVR 42450596 · Private limited company (ApS) · Active · Very high risk

MTM Byg og montage ApS is a Private limited company (ApS), founded on , based in Ikast. The company is registered in the industry andre specialiserede byggeaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 78.8% over the next 12 months, which is 56.0 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 (31 Dec 2025) shows equity of DKK 638k and a net result of DKK 572k. CEO: Kristoffer Zylau Gaarde Olesen.

Bankruptcy risk for MTM Byg og montage ApS

78.8%
probability of bankruptcy within 12 months
Very high risk

56.0 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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×

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
42450596
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Norgesgade 1B
7430 Ikast
Municipality
Ikast-Brande
Industry
Andre specialiserede byggeaktiviteter i.a.n. (439900)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityNo
Equity ratio31.1%
Current ratio87%
Moves (last 2 years)2
CEO changes in total4
CEO's previous bankruptcies1
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.8mDKK 104kDKK 157k
Net profitDKK 572kDKK 23kDKK 5,095
EquityDKK 638kDKK 67kDKK 43k
Total assetsDKK 2.1mDKK 324kDKK 120k
CashDKK 876kDKK 201k–
Short-term debtDKK 1.4mDKK 257k–
Tax owedDKK 126kDKK 6,600–
Avg. employees51–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 202477
1 Jan 2023 – 31 Dec 20235
1 Jan 2022 – 31 Dec 2022200 Late
9 Jun 2021 – 31 Dec 2021146

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
CEOKristoffer Zylau Gaarde OlesenCurrent
CEOKristoffer Zylau Gaarde Olesen
CEOShaban Jassim
Owner (100%)Kristoffer Zylau Gaarde OlesenCurrent
Owner (100%)Kristoffer Zylau Gaarde Olesen
Owner (50%)Kristoffer Zylau Gaarde Olesen
Owner (50%)Shaban Jassim
FounderKristoffer Zylau Gaarde OlesenCurrent

The CEOs' other companies

Kristoffer Zylau Gaarde Olesen – 4 other companies, of which 1 bankrupt

Shaban Jassim – 2 other companies, of which 1 bankrupt

Address history (2 moves)

Norgesgade 1B, 7430 Ikast
Calvinsvej 8, st., 7000 Fredericia
Falstersgade 5, 2. th, 7000 Fredericia

Former names

MTM Byg og montage ApS – now
MTM Udlejning ApS –
KZGO ApS –

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about MTM Byg og montage ApS

Has MTM Byg og montage ApS gone bankrupt?

No, MTM Byg og montage ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MTM Byg og montage ApS?

Our model estimates a bankruptcy risk of 78.8% over the next 12 months (very high risk), which is 56.0 times the average for Danish companies.

Who is the CEO of MTM Byg og montage ApS?

Kristoffer Zylau Gaarde Olesen is the CEO of MTM Byg og montage ApS.

When was MTM Byg og montage ApS founded?

MTM Byg og montage ApS was founded on 9 June 2021.

What is the equity of MTM Byg og montage ApS?

Equity was DKK 638k 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.