Madhouse Ultimate ApS

CVR 42880531 · Private limited company (ApS) · Active · High risk

Madhouse Ultimate ApS is a Private limited company (ApS), founded on , based in Kvistgård. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 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 (31 Dec 2025) shows equity of DKK -795k and a net result of DKK -98k. CEO: Ole Gravlund Svendsen.

Bankruptcy risk for Madhouse Ultimate ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
42880531
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Egeskovvej 4A
3490 Kvistgård
Municipality
Helsingør
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
eRevision
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-773.0%
Current ratio12%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies2
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -5,832DKK 3,066DKK -163k
Net profitDKK -98kDKK -5,260DKK -181k
EquityDKK -795kDKK -696kDKK -691k
Total assetsDKK 103kDKK 183kDKK 119k
CashDKK 485DKK 41k–
Short-term debtDKK 898kDKK 879k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023175
25 Nov 2021 – 31 Dec 2022192 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
CEOOle Gravlund SvendsenCurrent
CEOAsger Juel Larsen
Owner (100%)OLE GS HOLDING ApSCurrent
Owner (50%)Juel Larsen Holding ApS
FounderOLE GS HOLDING ApSCurrent
FounderJuel Larsen Holding ApSCurrent

The CEOs' other companies

Ole Gravlund Svendsen – 4 other companies, of which 3 bankrupt

Asger Juel Larsen – 4 other companies, of which 2 bankrupt

Address history (2 moves)

Egeskovvej 4A, 3490 Kvistgård
c/o Svendsen, Gammel Strandvej 197, 3060 Espergærde
Uplandsgade 74, 2300 København S

Other companies at the same address

Similar companies in Helsingør

Questions and answers about Madhouse Ultimate ApS

Has Madhouse Ultimate ApS gone bankrupt?

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

What is the bankruptcy risk of Madhouse Ultimate ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of Madhouse Ultimate ApS?

Ole Gravlund Svendsen is the CEO of Madhouse Ultimate ApS.

Who is the auditor of Madhouse Ultimate ApS?

Madhouse Ultimate ApS most recently used eRevision.

When was Madhouse Ultimate ApS founded?

Madhouse Ultimate ApS was founded on 25 November 2021.

What is the equity of Madhouse Ultimate ApS?

Equity was DKK -795k 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.