Mkwork ApS

CVR 43603167 · Private limited company (ApS) · Active · Low risk

Mkwork ApS is a Private limited company (ApS), founded on , based in Holsted. The company is registered in the industry fremstilling af elektriske fordelings- og kontrolapparater. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 94k and a net result of DKK 46k. CEO: Morten Maagaard Kærlev.

Bankruptcy risk for Mkwork ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
43603167
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Møllegade 19
6670 Holsted
Municipality
Vejen
Industry
Fremstilling af elektriske fordelings- og kontrolapparater (271200)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio26.4%
Current ratio23%
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 year202520242023
Gross profitDKK 120kDKK 183kDKK 466k
Net profitDKK 46kDKK 7,640DKK 42k
EquityDKK 94kDKK 48kDKK 40k
Total assetsDKK 356kDKK 94kDKK 336k
CashDKK 11kDKK 64k–
Short-term debtDKK 145kDKK 46k–
Tax owedDKK 18k––
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024181
26 Oct 2022 – 31 Dec 2023176

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
CEOMorten Maagaard KærlevCurrent
Owner (100%)Morten Maagaard KærlevCurrent
FounderMorten Maagaard KærlevCurrent

Address history (0 moves)

Møllegade 19, 6670 Holsted

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Questions and answers about Mkwork ApS

Has Mkwork ApS gone bankrupt?

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

What is the bankruptcy risk of Mkwork ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Mkwork ApS?

Morten Maagaard Kærlev is the CEO of Mkwork ApS.

Who is the auditor of Mkwork ApS?

Mkwork ApS most recently used Beierholm.

When was Mkwork ApS founded?

Mkwork ApS was founded on 26 October 2022.

What is the equity of Mkwork ApS?

Equity was DKK 94k 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.