M2-Byg ApS

CVR 43442538 · Private limited company (ApS) · Active · Very high risk

M2-Byg ApS is a Private limited company (ApS), founded on , based in Odense S. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 12.9% over the next 12 months, which is 9.2 times the average for Danish companies. 3 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -140k and a net result of DKK -17k. CEO: Kasper Machholm.

Bankruptcy risk for M2-Byg ApS

12.9%
probability of bankruptcy within 12 months
Very high risk

9.2 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Reduces the risk

Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
43442538
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Hestehøjvej 29
5260 Odense S
Municipality
Odense
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-84.7%
Current ratio54%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies3
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2,715DKK -109kDKK -29k
Net profitDKK -17kDKK -133kDKK -30k
EquityDKK -140kDKK -123kDKK 9,957
Total assetsDKK 166kDKK 103kDKK 220k
CashDKK 963DKK 127–
Short-term debtDKK 306kDKK 226k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024218 Late
15 Aug 2022 – 31 Dec 2023229 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
CEOKasper MachholmCurrent
CEOMajbritt Skovgaard Mortensen
Owner (100%)M2-Holding ApSCurrent
FounderM2-Holding ApSCurrent

The CEOs' other companies

Kasper Machholm – 4 other companies, of which 3 bankrupt

Majbritt Skovgaard Mortensen – 1 other companies

Address history (0 moves)

Hestehøjvej 29, 5260 Odense S

Other companies at the same address

Similar companies in Odense

Questions and answers about M2-Byg ApS

Has M2-Byg ApS gone bankrupt?

No, M2-Byg ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M2-Byg ApS?

Our model estimates a bankruptcy risk of 12.9% over the next 12 months (very high risk), which is 9.2 times the average for Danish companies.

Who is the CEO of M2-Byg ApS?

Kasper Machholm is the CEO of M2-Byg ApS.

When was M2-Byg ApS founded?

M2-Byg ApS was founded on 15 August 2022.

What is the equity of M2-Byg ApS?

Equity was DKK -140k 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.