Mortenelgaard ApS

CVR 42748072 · Private limited company (ApS) · Active · Low risk

Mortenelgaard ApS is a Private limited company (ApS), founded on , based in Åbyhøj. The company is registered in the industry anden rengøring af bygninger og rengøring af erhvervslokaler i.a.n.. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 4 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 786k and a net result of DKK 489k. CEO: Morten Elgaard.

Bankruptcy risk for Mortenelgaard ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×

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
42748072
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
St. Blichers Vej 2A
8230 Åbyhøj
Municipality
Aarhus
Industry
Anden rengøring af bygninger og rengøring af erhvervslokaler i.a.n. (812290)
Bankruptcies in the industry: Almindelig rengøring i bygninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio56.1%
Current ratio228%
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 1.5mDKK 1.2m
Net profitDKK 489kDKK 334k
EquityDKK 786kDKK 598k
Total assetsDKK 1.4mDKK 1.0m
CashDKK 1.0m–
Short-term debtDKK 616k–
Tax owedDKK 104k–

Latest annual report: Reporting class B, mikrovirksomhed · 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
7 Oct 2021 – 30 Jun 2022169

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%)Mortenelgaard Holding ApSCurrent
FounderMortenelgaard Holding ApSCurrent

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 ApS

Has Mortenelgaard ApS gone bankrupt?

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

What is the bankruptcy risk of Mortenelgaard ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Mortenelgaard ApS?

Morten Elgaard is the CEO of Mortenelgaard ApS.

When was Mortenelgaard ApS founded?

Mortenelgaard ApS was founded on 7 October 2021.

What is the equity of Mortenelgaard ApS?

Equity was DKK 786k 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.