MMB Padel Billund ApS

CVR 42680532 · Private limited company (ApS) · Active · Medium risk

MMB Padel Billund ApS is a Private limited company (ApS), founded on , based in Rødby. The company is registered in the industry drift af sportsanlæg. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 4 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.5m and a net result of DKK 547k. CEO: Michael Damgaard Nielsen, Morten Damgaard Nielsen.

Bankruptcy risk for MMB Padel Billund ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · 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
42680532
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Stadionalle 17
4970 Rødby
Municipality
Lolland
Industry
Drift af sportsanlæg (931100)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityNo
Equity ratio45.1%
Current ratio59%
Moves (last 2 years)1
CEO changes in total8
CEO's previous bankruptcies2
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 713kDKK -219kDKK -1.1m
Net profitDKK 547kDKK -568kDKK -1.7m
EquityDKK 2.5mDKK 1.9mDKK -1.8m
Total assetsDKK 5.5mDKK 2.3mDKK 2.1m
CashDKK 28kDKK 87k–
Short-term debtDKK 2.9mDKK 323k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025192 Late
1 Jan 2024 – 31 Dec 2024195 Late
1 Jan 2023 – 31 Dec 2023135
8 Sep 2021 – 31 Dec 2022143

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 Damgaard NielsenCurrent
CEOMorten Damgaard NielsenCurrent
CEOAne Bruhn Nielsen
CEOCalvin Dale Anderson
CEODaniel Hornshøj Hallas
Owner (100%)MiMo Invest Holding ApSCurrent
Owner (100%)PadelBox Drift A/S
Owner (20%)We Are Padel Holding ApS
Owner (67%)PadelBox Drift A/S
Owner (20%)Padel Club Projects Holding ApS
Owner (100%)LeDap Holding ApS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
FounderPadelBox Drift A/SCurrent

The CEOs' other companies

Michael Damgaard Nielsen – 19 other companies, of which 2 bankrupt

Morten Damgaard Nielsen – 16 other companies, of which 2 bankrupt

Ane Bruhn Nielsen – 18 other companies

Daniel Hornshøj Hallas – 19 other companies

Address history (3 moves)

Stadionalle 17, 4970 Rødby
Kildeager 7, 4621 Gadstrup
C.F. Tietgens Vej 10, 6000 Kolding
c/o Lars Krogh Jeppesen, Sejerøvænget 7, 6000 Kolding

Former names

MMB Padel Billund ApS – now
We Are Padel Billund ApS –
Padel Club Billund ApS –
Padel Club Lalandia Billund ApS –

Other companies at the same address

Similar companies in Lolland

Questions and answers about MMB Padel Billund ApS

Has MMB Padel Billund ApS gone bankrupt?

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

What is the bankruptcy risk of MMB Padel Billund ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of MMB Padel Billund ApS?

Michael Damgaard Nielsen, Morten Damgaard Nielsen are the CEOs of MMB Padel Billund ApS.

Who is the auditor of MMB Padel Billund ApS?

MMB Padel Billund ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was MMB Padel Billund ApS founded?

MMB Padel Billund ApS was founded on 8 September 2021.

What is the equity of MMB Padel Billund ApS?

Equity was DKK 2.5m 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.