Bådcenter Midtjylland ApS

CVR 43530496 · Private limited company (ApS) · Active · Very high risk

Bådcenter Midtjylland ApS is a Private limited company (ApS), founded on , based in Fårup. The company is registered in the industry detailhandel med lystbåde og udstyr hertil. Our model estimates a bankruptcy risk of 10.9% over the next 12 months, which is 7.7 times the average for Danish companies. 3 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -381k and a net result of DKK -222k. CEO: Glenn Fyrst Hyldgaard.

Bankruptcy risk for Bådcenter Midtjylland ApS

10.9%
probability of bankruptcy within 12 months
Very high risk

7.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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×
Registered owners2 · bankruptcy rate 7.6%0.87×

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
43530496
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Storegade 17
8990 Fårup
Municipality
Randers
Industry
Detailhandel med lystbåde og udstyr hertil (476330)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 60k
Auditor
Rådgivning &amp; Revision
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-127.6%
Current ratio37%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -114kDKK 259kDKK 163k
Net profitDKK -222kDKK -186kDKK -33k
EquityDKK -381kDKK -160kDKK 27k
Total assetsDKK 299kDKK 526kDKK 660k
CashDKK 9,703DKK 143–
Short-term debtDKK 680kDKK 685k–
Avg. employees1––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Rådgivning &amp; Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025198 Late
1 Jan 2024 – 31 Dec 2024180
8 Sep 2022 – 31 Dec 2023194 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
CEOGlenn Fyrst HyldgaardCurrent
CEOMick Fyrst Hyldgaard
Owner (67%)Leading Holding ApSCurrent
Owner (20%)Hyldgaard Holding 2022 ApSCurrent
Owner (33%)J. Borum Holding ApS
FounderJ. Borum Holding ApSCurrent
FounderLeading Holding ApSCurrent
FounderHyldgaard Holding 2022 ApSCurrent

The CEOs' other companies

Glenn Fyrst Hyldgaard – 2 other companies

Address history (1 moves)

Storegade 17, 8990 Fårup
Engelsholmvej 23, st., 8940 Randers SV

Other companies at the same address

Similar companies in Randers

Questions and answers about Bådcenter Midtjylland ApS

Has Bådcenter Midtjylland ApS gone bankrupt?

No, Bådcenter Midtjylland ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Bådcenter Midtjylland ApS?

Our model estimates a bankruptcy risk of 10.9% over the next 12 months (very high risk), which is 7.7 times the average for Danish companies.

Who is the CEO of Bådcenter Midtjylland ApS?

Glenn Fyrst Hyldgaard is the CEO of Bådcenter Midtjylland ApS.

Who is the auditor of Bådcenter Midtjylland ApS?

Bådcenter Midtjylland ApS most recently used Rådgivning &amp; Revision.

When was Bådcenter Midtjylland ApS founded?

Bådcenter Midtjylland ApS was founded on 8 September 2022.

What is the equity of Bådcenter Midtjylland ApS?

Equity was DKK -381k 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.