MG El-Tekniq ApS

CVR 42835226 · Private limited company (ApS) · Active · Low risk

MG El-Tekniq ApS is a Private limited company (ApS), founded on , based in Rønde. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.6% 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 552k and a net result of DKK 279k. CEO: Mads Ginnerup.

Bankruptcy risk for MG El-Tekniq ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%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×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
42835226
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Stationsvej 4
8410 Rønde
Municipality
Syddjurs
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Skov Revision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio42.7%
Current ratio197%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.6mDKK 1.2mDKK 623k
Net profitDKK 279kDKK 55kDKK 130k
EquityDKK 552kDKK 273kDKK 218k
Total assetsDKK 1.3mDKK 923kDKK 451k
CashDKK 49kDKK 57k–
Short-term debtDKK 622kDKK 584k–
Tax owed–DKK 0–
Avg. employees32–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Skov Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025147
1 Jul 2023 – 30 Jun 202494
1 Jul 2022 – 30 Jun 202389
12 Nov 2021 – 30 Jun 2022106

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
CEOMads GinnerupCurrent
Owner (100%)Mads GinnerupCurrent
FounderMads GinnerupCurrent

Address history (1 moves)

Stationsvej 4, 8410 Rønde
Ballesvej 19, kl., 8543 Hornslet

Other companies at the same address

Similar companies in Syddjurs

Questions and answers about MG El-Tekniq ApS

Has MG El-Tekniq ApS gone bankrupt?

No, MG El-Tekniq ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MG El-Tekniq ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MG El-Tekniq ApS?

Mads Ginnerup is the CEO of MG El-Tekniq ApS.

Who is the auditor of MG El-Tekniq ApS?

MG El-Tekniq ApS most recently used Skov Revision.

When was MG El-Tekniq ApS founded?

MG El-Tekniq ApS was founded on 12 November 2021.

What is the equity of MG El-Tekniq ApS?

Equity was DKK 552k 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.