MMN ApS

CVR 42675121 · Private limited company (ApS) · Active · Medium risk

MMN ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry fremstilling af andre fødevarer i.a.n.. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -1.6m and a net result of DKK -160k. CEO: Morten Pagh-Rasmussen, Niels Peter Vulevic Spanggaard.

Bankruptcy risk for MMN ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
CEOs in total (historical)4 · bankruptcy rate 7.1%0.81×

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
42675121
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o DK Venture ApS, Ehlersvej 7
2900 Hellerup
Municipality
København
Industry
Fremstilling af andre fødevarer i.a.n. (108900)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-266.6%
Current ratio25%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address34
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -117kDKK -333k
Net profitDKK -160kDKK -839k
EquityDKK -1.6mDKK -1.5m
Total assetsDKK 604kDKK 652k
CashDKK 2,398–
Short-term debtDKK 2.0m–
Tax owedDKK 0–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025158
1 Jan 2023 – 30 Jun 2024215 Late
10 Sep 2021 – 31 Dec 2022160

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 Pagh-RasmussenCurrent
CEONiels Peter Vulevic SpanggaardCurrent
CEOMikkel Palludan von Lasson Quaade Santos Galschiøt
CEOSeif Stub Jensen
Owner (50%)NPS Invest ApSCurrent
Owner (50%)Howitz Holding ApSCurrent
Owner (25%)Seif Stub Jensen
Owner (25%)NPS Invest ApS
Owner (25%)Sherpa Holding ApS
Owner (25%)Howitz Holding ApS
Owner (25%)DK Venture ApS
Owner (50%)NPS Invest ApS
Owner (33%)Sherpa Holding ApS
FounderSeif Stub JensenCurrent
FounderNPS Invest ApSCurrent
FounderSherpa Holding ApSCurrent
FounderHowitz Holding ApSCurrent

The CEOs' other companies

Morten Pagh-Rasmussen – 9 other companies, of which 1 bankrupt

Niels Peter Vulevic Spanggaard – 9 other companies, of which 1 bankrupt

Mikkel Palludan von Lasson Quaade Santos Galschiøt – 4 other companies

Address history (1 moves)

c/o DK Venture ApS, Ehlersvej 7, 2900 Hellerup
Ehlersvej 7, 2900 Hellerup

Former names

MMN ApS – now
Hero Drink ApS –

Other companies at the same address

Similar companies in København

Questions and answers about MMN ApS

Has MMN ApS gone bankrupt?

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

What is the bankruptcy risk of MMN ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of MMN ApS?

Morten Pagh-Rasmussen, Niels Peter Vulevic Spanggaard are the CEOs of MMN ApS.

When was MMN ApS founded?

MMN ApS was founded on 10 September 2021.

What is the equity of MMN ApS?

Equity was DKK -1.6m according to the annual report for the period ending 30 June 2025.

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