MTS Design ApS

CVR 42635049 · Private limited company (ApS) · Active · Low risk

MTS Design ApS is a Private limited company (ApS), founded on , based in Esbjerg V. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 195k and a net result of DKK -998k. CEO: Michael Tommy Sørensen.

Bankruptcy risk for MTS Design ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
42635049
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Skyttevænget 45
6710 Esbjerg V
Municipality
Esbjerg
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio71.8%
Current ratio355%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -225kDKK -14k
Net profitDKK -998kDKK -135k
EquityDKK 195kDKK -123k
Total assetsDKK 271kDKK 360k
CashDKK 72k–
Short-term debtDKK 76k–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202586
1 Jan 2024 – 31 Dec 202494
1 Jan 2023 – 31 Dec 202394
30 Aug 2021 – 31 Dec 202288

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 Tommy SørensenCurrent
Owner (100%)MTS HOLDING ESBJERG ApSCurrent
FounderMTS HOLDING ESBJERG ApSCurrent

The CEOs' other companies

Michael Tommy Sørensen – 4 other companies

Address history (1 moves)

Skyttevænget 45, 6710 Esbjerg V
Mådevej 37, 6700 Esbjerg

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about MTS Design ApS

Has MTS Design ApS gone bankrupt?

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

What is the bankruptcy risk of MTS Design ApS?

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

Who is the CEO of MTS Design ApS?

Michael Tommy Sørensen is the CEO of MTS Design ApS.

Who is the auditor of MTS Design ApS?

MTS Design ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MTS Design ApS founded?

MTS Design ApS was founded on 30 August 2021.

What is the equity of MTS Design ApS?

Equity was DKK 195k 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.