MAD & KULTUR ApS

CVR 43191659 · Private limited company (ApS) · Active · Low risk

MAD & KULTUR ApS is a Private limited company (ApS), founded on , based in Silkeborg. The company is registered in the industry event catering. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 1.2m and a net result of DKK 1.1m. CEO: Kristian Korsgaard Andersen.

Bankruptcy risk for MAD & KULTUR ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
Number of auditors (historical)2 · 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×
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×

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
43191659
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Tandskovvej 23
8600 Silkeborg
Municipality
Silkeborg
Industry
Event catering (562100)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio35.5%
Current ratio159%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.0mDKK 1.7m
Net profitDKK 1.1mDKK -363k
EquityDKK 1.2mDKK 149k
Total assetsDKK 3.4mDKK 3.3m
CashDKK 1.1m–
Short-term debtDKK 2.0m–
Tax owedDKK 0–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 202557
1 Jul 2023 – 30 Jun 2024165
11 Apr 2022 – 30 Jun 2023126

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
CEOKristian Korsgaard AndersenCurrent
Owner (50%)THOR A. HOLDING APSCurrent
Owner (50%)KA Ventures ApSCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorMQ REVISION, registreret revisor
FounderTHOR A. HOLDING APSCurrent

The CEOs' other companies

Kristian Korsgaard Andersen – 2 other companies

Address history (1 moves)

Tandskovvej 23, 8600 Silkeborg
Bakkevænget 59, 8600 Silkeborg

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about MAD & KULTUR ApS

Has MAD & KULTUR ApS gone bankrupt?

No, MAD & KULTUR ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MAD & KULTUR ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of MAD & KULTUR ApS?

Kristian Korsgaard Andersen is the CEO of MAD & KULTUR ApS.

Who is the auditor of MAD & KULTUR ApS?

MAD & KULTUR ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was MAD & KULTUR ApS founded?

MAD & KULTUR ApS was founded on 11 April 2022.

What is the equity of MAD & KULTUR ApS?

Equity was DKK 1.2m according to the annual report for the period ending 30 June 2025.

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