MG Ringsted I ApS

CVR 43951912 · Private limited company (ApS) · Active · Medium risk

MG Ringsted I ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -7.0m and a net result of DKK -3.9m. CEO: Ignace De Paepe.

Bankruptcy risk for MG Ringsted I ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
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×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×
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
43951912
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Hovedvagtsgade 6, 4. th
1103 København K
Municipality
København
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 50k
Auditor
Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-5.7%
Current ratio25%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address86
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -132kDKK -193kDKK -28k
Net profitDKK -3.9mDKK -2.7mDKK -449k
EquityDKK -7.0mDKK -3.1mDKK -399k
Total assetsDKK 122.2mDKK 74.8mDKK 17.5m
CashDKK 500kDKK 1.8m–
Short-term debtDKK 76.6mDKK 77.8m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024182
23 Mar 2023 – 31 Dec 2023190 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
CEOIgnace De PaepeCurrent
BoardIgnace TytgatCurrent
BoardStacey SmitsCurrent
BoardAnja TackaertCurrent
BoardAnton Van VlerkenCurrent
BoardGuillaume Ines J. De PaepeCurrent
Owner (100%)MG RE Invest SACurrent
FounderMG RE Invest SACurrent

Address history (0 moves)

Hovedvagtsgade 6, 4. th, 1103 København K

Other companies at the same address

Similar companies in København

Questions and answers about MG Ringsted I ApS

Has MG Ringsted I ApS gone bankrupt?

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

What is the bankruptcy risk of MG Ringsted I ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of MG Ringsted I ApS?

Ignace De Paepe is the CEO of MG Ringsted I ApS.

Who is the auditor of MG Ringsted I ApS?

MG Ringsted I ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was MG Ringsted I ApS founded?

MG Ringsted I ApS was founded on 23 March 2023.

What is the equity of MG Ringsted I ApS?

Equity was DKK -7.0m 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.