MK Både ApS

CVR 42838160 · Private limited company (ApS) · Active · Medium risk

MK Både ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry reparation og vedligeholdelse af militære kampkøretøjer, skibe, både og luft- og rumfartøjer. 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 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 787k and a net result of DKK 397k. CEO: Martin Kristensen.

Bankruptcy risk for MK Både 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

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
42838160
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Martin Kristensen, Andkærvej 10
7100 Vejle
Municipality
Vejle
Industry
Reparation og vedligeholdelse af militære kampkøretøjer, skibe, både og luft- og rumfartøjer (331800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityNo
Equity ratio22.2%
Current ratio128%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.2mDKK 889k
Net profitDKK 397kDKK 382k
EquityDKK 787kDKK 389k
Total assetsDKK 3.5mDKK 2.4m
CashDKK 6,343–
Short-term debtDKK 2.6m–
Tax owedDKK 85k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025149
1 Oct 2023 – 30 Sep 2024140
1 Oct 2022 – 30 Sep 2023170
15 Nov 2021 – 30 Sep 2022185 Late

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
CEOMartin KristensenCurrent
Owner (100%)Martin Kristensen Holding ApSCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderMartin Kristensen Holding ApSCurrent

The CEOs' other companies

Martin Kristensen – 7 other companies, of which 2 bankrupt

Address history (1 moves)

c/o Martin Kristensen, Andkærvej 10, 7100 Vejle
Dandyvej 5E, 7100 Vejle

Other companies at the same address

Similar companies in Vejle

Questions and answers about MK Både ApS

Has MK Både ApS gone bankrupt?

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

What is the bankruptcy risk of MK Både 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 MK Både ApS?

Martin Kristensen is the CEO of MK Både ApS.

Who is the auditor of MK Både ApS?

MK Både ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was MK Både ApS founded?

MK Både ApS was founded on 15 November 2021.

What is the equity of MK Både ApS?

Equity was DKK 787k according to the annual report for the period ending 30 September 2025.

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