M. Saxtoft Holding ApS

CVR 43179659 · Private limited company (ApS) · Active · High risk

M. Saxtoft Holding ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 4 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 8.1m and a net result of DKK -1.8m. CEO: Michael Saxtoft.

Bankruptcy risk for M. Saxtoft Holding ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×
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
43179659
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Michael Saxtoft, Thorvaldsensvej 1
9000 Aalborg
Municipality
Aalborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityNo
Equity ratio52.2%
Current ratio226%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -126kDKK -112k
Net profitDKK -1.8mDKK 437k
EquityDKK 8.1mDKK 9.8m
Total assetsDKK 15.5mDKK 25.4m
CashDKK 14k–
Short-term debtDKK 2.8m–
Tax owedDKK 4,428–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025216 Late
1 Oct 2023 – 30 Sep 2024170
1 Oct 2022 – 30 Sep 2023199 Late
1 Oct 2021 – 30 Sep 2022122

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 SaxtoftCurrent
Owner (100%)Michael SaxtoftCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent

The CEOs' other companies

Michael Saxtoft – 10 other companies, of which 4 bankrupt

Address history (0 moves)

c/o Michael Saxtoft, Thorvaldsensvej 1, 9000 Aalborg

Other companies at the same address

Similar companies in Aalborg

Questions and answers about M. Saxtoft Holding ApS

Has M. Saxtoft Holding ApS gone bankrupt?

No, M. Saxtoft Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M. Saxtoft Holding ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of M. Saxtoft Holding ApS?

Michael Saxtoft is the CEO of M. Saxtoft Holding ApS.

Who is the auditor of M. Saxtoft Holding ApS?

M. Saxtoft Holding ApS most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was M. Saxtoft Holding ApS founded?

M. Saxtoft Holding ApS was founded on 30 March 2022.

What is the equity of M. Saxtoft Holding ApS?

Equity was DKK 8.1m 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.