Midtjysk Maskinfabrik ApS

CVR 43812939 · Private limited company (ApS) · Active · Low risk

Midtjysk Maskinfabrik ApS is a Private limited company (ApS), founded on , based in Hedensted. The company is registered in the industry maskinforarbejdning af metal. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 538k and a net result of DKK 102k. CEO: Mads Mikkelsen.

Bankruptcy risk for Midtjysk Maskinfabrik ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
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 changes1 · bankruptcy rate 11.4%1.3×
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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×

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
43812939
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Mosetoften 6
8722 Hedensted
Municipality
Hedensted
Industry
Maskinforarbejdning af metal (255300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 40k
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio34.1%
Current ratio112%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.8mDKK 2.2m
Net profitDKK 102kDKK 269k
EquityDKK 538kDKK 435k
Total assetsDKK 1.6mDKK 1.6m
CashDKK 407k–
Short-term debtDKK 980k–
Tax owedDKK 3,362–
Avg. employees4–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202543
1 Jan 2024 – 31 Dec 202488
27 Jan 2023 – 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
CEOMads MikkelsenCurrent
CEOFlemming Madsen
Owner (100%)Midtjysk MM Holding ApSCurrent
Owner (50%)FMUK Holding ApS
Owner (50%)Midtjysk MM Holding ApS
FounderFMUK Holding ApSCurrent
FounderMidtjysk MM Holding ApSCurrent

The CEOs' other companies

Mads Mikkelsen – 1 other companies

Flemming Madsen – 1 other companies

Address history (0 moves)

Mosetoften 6, 8722 Hedensted

Other companies at the same address

Similar companies in Hedensted

Questions and answers about Midtjysk Maskinfabrik ApS

Has Midtjysk Maskinfabrik ApS gone bankrupt?

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

What is the bankruptcy risk of Midtjysk Maskinfabrik ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Midtjysk Maskinfabrik ApS?

Mads Mikkelsen is the CEO of Midtjysk Maskinfabrik ApS.

Who is the auditor of Midtjysk Maskinfabrik ApS?

Midtjysk Maskinfabrik ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was Midtjysk Maskinfabrik ApS founded?

Midtjysk Maskinfabrik ApS was founded on 27 January 2023.

What is the equity of Midtjysk Maskinfabrik ApS?

Equity was DKK 538k 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.