Martin Hvergel Holding ApS

CVR 44067439 · Private limited company (ApS) · Active · Low risk

Martin Hvergel Holding ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 726k and a net result of DKK 288k. CEO: Martin Kjærgaard Hvergel.

Bankruptcy risk for Martin Hvergel Holding ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · 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
44067439
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Ørnhovedvej 15
7400 Herning
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio97.8%
Current ratio0%
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 -8,071DKK -8,255
Net profitDKK 288kDKK 397k
EquityDKK 726kDKK 437k
Total assetsDKK 742kDKK 446k
CashDKK 44–
Short-term debtDKK 16k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202578
22 May 2023 – 30 Sep 202459

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
CEOMartin Kjærgaard HvergelCurrent
Owner (100%)Martin Kjærgaard HvergelCurrent
FounderMartin Kjærgaard HvergelCurrent

The CEOs' other companies

Martin Kjærgaard Hvergel – 1 other companies

Address history (0 moves)

Ørnhovedvej 15, 7400 Herning

Similar companies in Herning

Questions and answers about Martin Hvergel Holding ApS

Has Martin Hvergel Holding ApS gone bankrupt?

No, Martin Hvergel Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Martin Hvergel Holding ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Martin Hvergel Holding ApS?

Martin Kjærgaard Hvergel is the CEO of Martin Hvergel Holding ApS.

Who is the auditor of Martin Hvergel Holding ApS?

Martin Hvergel Holding ApS most recently used Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

When was Martin Hvergel Holding ApS founded?

Martin Hvergel Holding ApS was founded on 22 May 2023.

What is the equity of Martin Hvergel Holding ApS?

Equity was DKK 726k according to the annual report for the period ending 30 September 2025.

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