MG Handel & Service ApS

CVR 43141686 · Private limited company (ApS) · Active · Medium risk

MG Handel & Service ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry anden specialiseret engroshandel i.a.n.. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Mar 2026) shows equity of DKK 29k and a net result of DKK -1,572. CEO: Michael Grods.

Bankruptcy risk for MG Handel & Service ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
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 ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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
43141686
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Skibhusvej 115, 2.
5000 Odense C
Municipality
Odense
Industry
Anden specialiseret engroshandel i.a.n. (468900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio93.6%
Current ratio38%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
Gross profitDKK -2,015DKK -3,015
Net profitDKK -1,572DKK -2,352
EquityDKK 29kDKK 31k
Total assetsDKK 31kDKK 34k
Short-term debtDKK 2,000–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026148
1 Apr 2024 – 31 Mar 2025151
1 Apr 2023 – 31 Mar 2024151
18 Mar 2022 – 31 Mar 2023160

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 GrodsCurrent
Owner (100%)Grods ApSCurrent
FounderMichael GrodsCurrent

The CEOs' other companies

Michael Grods – 1 other companies, of which 1 bankrupt

Address history (0 moves)

Skibhusvej 115, 2., 5000 Odense C

Other companies at the same address

Similar companies in Odense

Questions and answers about MG Handel & Service ApS

Has MG Handel & Service ApS gone bankrupt?

No, MG Handel & Service ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MG Handel & Service ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of MG Handel & Service ApS?

Michael Grods is the CEO of MG Handel & Service ApS.

When was MG Handel & Service ApS founded?

MG Handel & Service ApS was founded on 18 March 2022.

What is the equity of MG Handel & Service ApS?

Equity was DKK 29k according to the annual report for the period ending 31 March 2026.

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