M. Sand Holding ApS

CVR 43183486 · Private limited company (ApS) · Active · Low risk

M. Sand Holding ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 19k and a net result of DKK -1,165. CEO: Mads Sand Thomsen.

Bankruptcy risk for M. Sand Holding ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
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
43183486
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Nordborggade 12, 2. th
8000 Aarhus C
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityNo
Equity ratio64.9%
Current ratio78%
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 year20252024
Gross profitDKK -1,165DKK -598
Net profitDKK -1,165DKK -598
EquityDKK 19kDKK 20k
Total assetsDKK 29kDKK 28k
CashDKK 2,367–
Short-term debtDKK 10k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023178
6 Apr 2022 – 31 Dec 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
CEOMads Sand ThomsenCurrent
Owner (100%)Mads Sand ThomsenCurrent
FounderMads Sand ThomsenCurrent

The CEOs' other companies

Mads Sand Thomsen – 3 other companies

Address history (2 moves)

Nordborggade 12, 2. th, 8000 Aarhus C
Thujavej 35, 7400 Herning
Dirch Passers Gade 4, 3. 3, 8000 Aarhus C

Similar companies in Aarhus

Questions and answers about M. Sand Holding ApS

Has M. Sand Holding ApS gone bankrupt?

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

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

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of M. Sand Holding ApS?

Mads Sand Thomsen is the CEO of M. Sand Holding ApS.

When was M. Sand Holding ApS founded?

M. Sand Holding ApS was founded on 6 April 2022.

What is the equity of M. Sand Holding ApS?

Equity was DKK 19k 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.