MG pyromagic ApS

CVR 43899457 · Private limited company (ApS) · Active · High risk

MG pyromagic ApS is a Private limited company (ApS), founded on , based in Haderslev. The company is registered in the industry billedkunstnerisk skaben. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 3 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (28 Feb 2026) shows equity of DKK 73k and a net result of DKK -7,666. CEO: Magnus Macholt Glumsø.

Bankruptcy risk for MG pyromagic ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%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×

Reduces the risk

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
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×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
43899457
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Favstrupvej 145
6100 Haderslev
Municipality
Haderslev
Industry
Billedkunstnerisk skaben (901200)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 40k
Auditor
CKF Revision ApS Godkendt revisionsfirma
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 3
Missing annual reportNo
Negative equityNo
Equity ratio40.1%
Current ratio170%
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 year20262025
Gross profitDKK 3,066DKK -7,000
Net profitDKK -7,666DKK -8,000
EquityDKK 73kDKK 81k
Total assetsDKK 181kDKK 107k
CashDKK 284–
Short-term debtDKK 102k–
Tax owedDKK 7,528–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · CKF Revision ApS Godkendt revisionsfirma.

Filed annual reports

Reporting periodPublishedDays after period end
1 Mar 2025 – 28 Feb 2026187 Late
1 Mar 2024 – 28 Feb 2025188 Late
5 Mar 2023 – 28 Feb 2024184 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
CEOMagnus Macholt GlumsøCurrent
Owner (100%)Magnus Macholt GlumsøCurrent
FounderMagnus Macholt GlumsøCurrent

The CEOs' other companies

Magnus Macholt Glumsø – 1 other companies

Address history (0 moves)

Favstrupvej 145, 6100 Haderslev

Questions and answers about MG pyromagic ApS

Has MG pyromagic ApS gone bankrupt?

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

What is the bankruptcy risk of MG pyromagic ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of MG pyromagic ApS?

Magnus Macholt Glumsø is the CEO of MG pyromagic ApS.

Who is the auditor of MG pyromagic ApS?

MG pyromagic ApS most recently used CKF Revision ApS Godkendt revisionsfirma.

When was MG pyromagic ApS founded?

MG pyromagic ApS was founded on 5 March 2023.

What is the equity of MG pyromagic ApS?

Equity was DKK 73k according to the annual report for the period ending 28 February 2026.

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