M Concept ApS

CVR 43771442 · Private limited company (ApS) · Active · Very high risk

M Concept ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 12.9% over the next 12 months, which is 9.2 times the average for Danish companies. 2 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Mar 2025) shows equity of DKK -68k and a net result of DKK -69k. CEO: Cheng Kan Man.

Bankruptcy risk for M Concept 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

Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
Missed filing deadlines1 · bankruptcy rate 34.0%3.9×
Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Marketing-protectedNo · bankruptcy rate 7.5%0.85×

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
43771442
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o International House, Room IH333, Center Boulevard 9
2300 København S
Municipality
København
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 2
Missing annual reportYes
Negative equityYes
Equity ratio-171.5%
Current ratio10%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -64kDKK -39k
Net profitDKK -69kDKK -39k
EquityDKK -68kDKK 1,217
Total assetsDKK 40kDKK 28k
Short-term debtDKK 108k–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2024 – 31 Mar 2025186 Late
11 Jan 2023 – 31 Mar 2024186 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
CEOCheng Kan ManCurrent
Owner (100%)Cheng Kan ManCurrent
FounderCheng Kan ManCurrent

Address history (1 moves)

c/o International House, Room IH333, Center Boulevard 9, 2300 København S
c/o Lund Elmer Sandager, Kalvebod Brygge 39, 5., 1560 København V

Other companies at the same address

Similar companies in København

Questions and answers about M Concept ApS

Has M Concept ApS gone bankrupt?

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

What is the bankruptcy risk of M Concept 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 M Concept ApS?

Cheng Kan Man is the CEO of M Concept ApS.

Who is the auditor of M Concept ApS?

M Concept ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was M Concept ApS founded?

M Concept ApS was founded on 11 January 2023.

What is the equity of M Concept ApS?

Equity was DKK -68k according to the annual report for the period ending 31 March 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.