MorGen Energy ApS

CVR 42560014 · Private limited company (ApS) · Active · Low risk

MorGen Energy ApS is a Private limited company (ApS), founded on , based in Esbjerg. The company is registered in the industry fremstilling af industrigasser. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 33.0m and a net result of DKK -1.6m. CEO: Christos Kosmas, Mark Fogh Pedersen, Sven-Peter Vindeløv.

Bankruptcy risk for MorGen Energy ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
42560014
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Borgergade 38, 1.
6700 Esbjerg
Municipality
Esbjerg
Industry
Fremstilling af industrigasser (201100)
Bankruptcies in the industry: Fremstilling af parfume, hårshampoo, tandpasta mv.
Share capital
DKK 15k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio97.2%
Current ratio128%
Moves (last 2 years)0
CEO changes in total16
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 765kDKK -8.9mDKK -7.3m
Net profitDKK -1.6mDKK -21.4mDKK -10.2m
EquityDKK 33.0mDKK 224.8mDKK 123.2m
Total assetsDKK 34.0mDKK 234.4mDKK 140.2m
CashDKK 551kDKK 3.4m–
Short-term debtDKK 848kDKK 9.6m–
Avg. employees1411–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023129
23 Jul 2021 – 31 Dec 2022136

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
CEOChristos KosmasCurrent
CEOMark Fogh PedersenCurrent
CEOSven-Peter VindeløvCurrent
CEOGunnar Walter
CEOClifford zur Nieden
CEORasmus Bach Nielsen
CEOPatrick Huber
CEODmitry Miller
CEOChristine Youhanna Ghobrial Yassa
CEOSebastien David Brice Giard
CEOWerner Lieberherr
Owner (100%)MorGen Energy AGCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderMorGen Energy AGCurrent

The CEOs' other companies

Rasmus Bach Nielsen – 8 other companies

Address history (1 moves)

Borgergade 38, 1., 6700 Esbjerg
c/o Plesner Advokatpartnerselskab, Amerika Plads 37, 2100 København Ø

Former names

MorGen Energy ApS – now
H2 Energy Esbjerg ApS –

Questions and answers about MorGen Energy ApS

Has MorGen Energy ApS gone bankrupt?

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

What is the bankruptcy risk of MorGen Energy ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of MorGen Energy ApS?

Christos Kosmas, Mark Fogh Pedersen, Sven-Peter Vindeløv are the CEOs of MorGen Energy ApS.

Who is the auditor of MorGen Energy ApS?

MorGen Energy ApS most recently used EY Godkendt Revisionspartnerselskab.

When was MorGen Energy ApS founded?

MorGen Energy ApS was founded on 23 July 2021.

What is the equity of MorGen Energy ApS?

Equity was DKK 33.0m 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.