MKL Installation ApS

CVR 42903302 · Private limited company (ApS) · Active · Low risk

MKL Installation ApS is a Private limited company (ApS), founded on , based in Tjele. The company is registered in the industry el-installation. 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 (31 Dec 2025) shows equity of DKK 66k and a net result of DKK 56k. CEO: Michael Krogh Larsen.

Bankruptcy risk for MKL Installation 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

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
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×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
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
42903302
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Nørremarksvej 35
8830 Tjele
Municipality
Viborg
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio47.8%
Current ratio187%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 73kDKK -3,255DKK 7,314
Net profitDKK 56kDKK -10kDKK 203
EquityDKK 66kDKK 11kDKK 21k
Total assetsDKK 139kDKK 61kDKK 81k
CashDKK 60kDKK 2,603–
Short-term debtDKK 71kDKK 50k–
Tax owedDKK 8,822––
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025148
1 Jan 2024 – 31 Dec 2024126
1 Jan 2023 – 31 Dec 2023176
14 Dec 2021 – 31 Dec 2022163

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
CEOMichael Krogh LarsenCurrent
Owner (100%)Michael Krogh LarsenCurrent
FounderMichael Krogh LarsenCurrent

Address history (0 moves)

Nørremarksvej 35, 8830 Tjele

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Questions and answers about MKL Installation ApS

Has MKL Installation ApS gone bankrupt?

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

What is the bankruptcy risk of MKL Installation 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 MKL Installation ApS?

Michael Krogh Larsen is the CEO of MKL Installation ApS.

Who is the auditor of MKL Installation ApS?

MKL Installation ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was MKL Installation ApS founded?

MKL Installation ApS was founded on 14 December 2021.

What is the equity of MKL Installation ApS?

Equity was DKK 66k 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.