Merlin DK Bidco ApS

CVR 43276301 · Private limited company (ApS) · Active · Low risk

Merlin DK Bidco ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 4 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.0bn and a net result of DKK -970k. CEO: Massimo Bizzi, Nathan Scott Schaan, Jennifer Robertson.

Bankruptcy risk for Merlin DK Bidco ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
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×

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
43276301
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Frontmatec Tandslet A/S, Platinvej 8
6000 Kolding
Municipality
Kolding
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 5.1m
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 4
Missing annual reportNo
Negative equityNo
Equity ratio91.4%
Current ratio99%
Moves (last 2 years)1
CEO changes in total9
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 0DKK 0
Gross profitDKK -825kDKK -814k
Net profitDKK -970kDKK -1.1bn
EquityDKK 2.0bnDKK 3.0bn
Total assetsDKK 2.2bnDKK 3.1bn
CashDKK 37k–
Short-term debtDKK 192k–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025194 Late
1 Jan 2024 – 31 Dec 2024190 Late
1 Jan 2023 – 31 Dec 2023184 Late
23 May 2022 – 31 Dec 2022193 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
CEOMassimo BizziCurrent
CEONathan Scott SchaanCurrent
CEOJennifer RobertsonCurrent
CEOKevin Gerard Harry
CEOAllan Jan Formann Kristensen
CEODennis Michael Gallagher
BoardMassimo BizziCurrent
BoardNathan Scott SchaanCurrent
BoardJennifer RobertsonCurrent
BoardAllan Jan Formann Kristensen
BoardKevin Gerard Harry
BoardDennis Michael Gallagher
Owner (100%)BETTCHER INDUSTRIES, INC.Current
Owner (100%)BETTCHER INDUSTRIES, INC.
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderBETTCHER INDUSTRIES, INC.Current

The CEOs' other companies

Allan Jan Formann Kristensen – 14 other companies

Dennis Michael Gallagher – 3 other companies

Address history (3 moves)

c/o Frontmatec Tandslet A/S, Platinvej 8, 6000 Kolding
c/o Frontmatec Kolding A/S, Platinvej 8, 6000 Kolding
c/o TMF Denmark A/S, H.C. Andersens Boulevard 38, 3. th, 1553 København V
c/o Moalem Weitemeyer Adv., Amaliegade 3, 4., 1256 København K

Other companies at the same address

Similar companies in Kolding

Questions and answers about Merlin DK Bidco ApS

Has Merlin DK Bidco ApS gone bankrupt?

No, Merlin DK Bidco ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Merlin DK Bidco ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Merlin DK Bidco ApS?

Massimo Bizzi, Nathan Scott Schaan, Jennifer Robertson are the CEOs of Merlin DK Bidco ApS.

Who is the auditor of Merlin DK Bidco ApS?

Merlin DK Bidco ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Merlin DK Bidco ApS founded?

Merlin DK Bidco ApS was founded on 23 May 2022.

What is the equity of Merlin DK Bidco ApS?

Equity was DKK 2.0bn 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.