Morfars Corner Cut ApS

CVR 43924842 · Private limited company (ApS) · Active · Low risk

Morfars Corner Cut ApS is a Private limited company (ApS), founded on , based in Lemvig. The company is registered in the industry drift af frisør- og barbersaloner. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 47k and a net result of DKK 65k.

Bankruptcy risk for Morfars Corner Cut ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
43924842
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Vestergade 3, st. tv
7620 Lemvig
Municipality
Lemvig
Industry
Drift af frisør- og barbersaloner (962100)
Bankruptcies in the industry: Frisørsaloner
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio17.3%
Current ratio108%
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 year20252024
Gross profitDKK 846kDKK 750k
Net profitDKK 65kDKK 40k
EquityDKK 47kDKK -18k
Total assetsDKK 271kDKK 166k
CashDKK 163k–
Short-term debtDKK 224k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202521
1 Jan 2024 – 31 Dec 202412
17 Mar 2023 – 31 Dec 202378

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
Owner (100%)Danny Salskov MoseCurrent
FounderDanny Salskov MoseCurrent

Address history (1 moves)

Vestergade 3, st. tv, 7620 Lemvig
Rønbjerghage 3, 7620 Lemvig

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Questions and answers about Morfars Corner Cut ApS

Has Morfars Corner Cut ApS gone bankrupt?

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

What is the bankruptcy risk of Morfars Corner Cut ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

When was Morfars Corner Cut ApS founded?

Morfars Corner Cut ApS was founded on 17 March 2023.

What is the equity of Morfars Corner Cut ApS?

Equity was DKK 47k 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.