MG Construct ApS
CVR 43739026 · Private limited company (ApS) · Active · Medium risk
MG Construct ApS is a Private limited company (ApS), founded on , based in Hillerød. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -46k and a net result of DKK -112k. CEO: Ulrich Gaarslev.
Bankruptcy risk for MG Construct ApS
1.4 × the average (1.41%) · higher risk than 82% of active Danish companies
Increases the risk
Reduces the risk
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
- 43739026
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (3 years)
- Address
- Rønnekrogen 21
3400 Hillerød - Municipality
- Hillerød
- Industry
- Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger - Share capital
- DKK 40k
- Auditor
- Sønderup Godkendt Revisionsaktieselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 3 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -23.0% |
| Current ratio | 81% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 4 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -60k | DKK -230k |
| Net profit | DKK -112k | DKK -247k |
| Equity | DKK -46k | DKK 65k |
| Total assets | DKK 202k | DKK 139k |
| Cash | DKK 74k | – |
| Short-term debt | DKK 248k | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Sønderup Godkendt Revisionsaktieselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 168 | ||
| 1 Jan 2024 – 31 Dec 2024 | 148 | ||
| 22 Dec 2022 – 31 Dec 2023 | 155 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Ulrich Gaarslev | Current | |
| Owner (50%) | Nichlas Thirup Mathiasen | Current | |
| Owner (50%) | USBG HOLDING ApS | Current | |
| Founder | Nichlas Thirup Mathiasen | Current | |
| Founder | USBG HOLDING ApS | Current |
The CEOs' other companies
Ulrich Gaarslev – 4 other companies
- EJENDOMSSELSKABET FUGLSANG HALLERNE ApS Active
- HILLERØD HORSE TEAM ApS Active
- LUTEX ApS Opløst
- Stutteri HGS ApS Active
Address history (1 moves)
| Rønnekrogen 21, 3400 Hillerød | |
| Rønnekrogen 21, 3400 Hillerød |
Other companies at the same address
- HILLERØD HORSE TEAM ApS Active
- HILLERØD RIDECENTER ApS Active
- HILLERØD SPORTHORSES ApS Active
- USBG HOLDING ApS Active
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- Thors Have 2 ApS Lynge
- JJ Byg Entreprise ApS Hillerød
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- JJ Byg 2018 ApS Hillerød
- Nordatlantisk Kompagni ApS Hillerød
- Ejendomsselsskabet Marienlystvej, Ølstykke ApS Lynge
- IdeHus ApS Hillerød
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Questions and answers about MG Construct ApS
Has MG Construct ApS gone bankrupt?
No, MG Construct ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of MG Construct ApS?
Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.
Who is the CEO of MG Construct ApS?
Ulrich Gaarslev is the CEO of MG Construct ApS.
Who is the auditor of MG Construct ApS?
MG Construct ApS most recently used Sønderup Godkendt Revisionsaktieselskab.
When was MG Construct ApS founded?
MG Construct ApS was founded on 22 December 2022.
What is the equity of MG Construct ApS?
Equity was DKK -46k 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.