M5 Gulve ApS

CVR 43977997 · Private limited company (ApS) · Active · Very high risk

M5 Gulve ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry udførelse af gulvbelægninger og vægbeklædning. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 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 1.3m and a net result of DKK 940k. CEO: Mikael Saaby Jørgensen, Martin Ahrenkiel.

Bankruptcy risk for M5 Gulve ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
Number of CEOs2 · bankruptcy rate 5.7%0.65×

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
43977997
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Jernholmen 38, 2. tv
2650 Hvidovre
Municipality
Hvidovre
Industry
Udførelse af gulvbelægninger og vægbeklædning (433300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 80k
Auditor
Agenda Revision
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityNo
Equity ratio15.9%
Current ratio121%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address39
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 12.2mDKK 4.9mDKK 4.0m
Net profitDKK 940kDKK 14kDKK -155k
EquityDKK 1.3mDKK 378kDKK 364k
Total assetsDKK 8.3mDKK 2.5mDKK 1.8m
CashDKK 0DKK 215k–
Short-term debtDKK 6.7mDKK 2.1m–
Avg. employees2010–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Agenda Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025162
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023186 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
CEOMikael Saaby JørgensenCurrent
CEOMartin AhrenkielCurrent
Owner (50%)THPE Holding ApSCurrent
Owner (50%)M5 Gruppen Invest ApSCurrent
Owner (100%)Thomas Steen Petersen
Owner (50%)M5 Byg-Concept ApS
AuditorGR2001 ApS
AuditorAGENDA REVISION GODKENDT REVISIONSANPARTSSELSKAB
FounderThomas Steen PetersenCurrent

The CEOs' other companies

Mikael Saaby Jørgensen – 6 other companies

Martin Ahrenkiel – 18 other companies, of which 1 bankrupt

Address history (2 moves)

Jernholmen 38, 2. tv, 2650 Hvidovre
Jernholmen 34C, 1., 2650 Hvidovre
Højergårdsvej 14C, 2730 Herlev

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about M5 Gulve ApS

Has M5 Gulve ApS gone bankrupt?

No, M5 Gulve ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M5 Gulve ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of M5 Gulve ApS?

Mikael Saaby Jørgensen, Martin Ahrenkiel are the CEOs of M5 Gulve ApS.

Who is the auditor of M5 Gulve ApS?

M5 Gulve ApS most recently used Agenda Revision.

When was M5 Gulve ApS founded?

M5 Gulve ApS was founded on 31 March 2023.

What is the equity of M5 Gulve ApS?

Equity was DKK 1.3m 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.