Mortenelgaard Holding ApS

CVR 42735043 · Private limited company (ApS) · Active · Low risk

Mortenelgaard Holding ApS is a Private limited company (ApS), founded on , based in Åbyhøj. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 1.6m and a net result of DKK 486k. CEO: Morten Elgaard.

Bankruptcy risk for Mortenelgaard Holding ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
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×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
42735043
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
St. Blichers Vej 2A
8230 Åbyhøj
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio99.7%
Current ratio15,305%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -6,750DKK -4,875
Net profitDKK 486kDKK 331k
EquityDKK 1.6mDKK 1.2m
Total assetsDKK 1.6mDKK 1.2m
CashDKK 772k–
Short-term debtDKK 5,625–
Tax owedDKK 0–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025136
1 Jul 2023 – 30 Jun 2024183
1 Jul 2022 – 30 Jun 2023150
5 Oct 2021 – 30 Jun 2022170

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 ElgaardCurrent
Owner (100%)Morten ElgaardCurrent
FounderMorten ElgaardCurrent

The CEOs' other companies

Morten Elgaard – 1 other companies

Address history (1 moves)

St. Blichers Vej 2A, 8230 Åbyhøj
Skernvej 12, 4. tv, 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Mortenelgaard Holding ApS

Has Mortenelgaard Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Mortenelgaard Holding ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Mortenelgaard Holding ApS?

Morten Elgaard is the CEO of Mortenelgaard Holding ApS.

When was Mortenelgaard Holding ApS founded?

Mortenelgaard Holding ApS was founded on 5 October 2021.

What is the equity of Mortenelgaard Holding 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.