MMWatches ApS

CVR 44089319 · Private limited company (ApS) · Active · Low risk

MMWatches ApS is a Private limited company (ApS), founded on , based in Greve. The company is registered in the industry detailhandel med ure og smykker. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 17.6m and a net result of DKK -224k. CEO: Martin Them Mathiassen.

Bankruptcy risk for MMWatches 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

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
44089319
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Korskildelund 6
2670 Greve
Municipality
Greve
Industry
Detailhandel med ure og smykker (477700)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio90.5%
Current ratio2,603%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address132
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.7mDKK 1.4mDKK 4.1m
Net profitDKK -224kDKK -804kDKK -91k
EquityDKK 17.6mDKK 17.8mDKK 18.6m
Total assetsDKK 19.4mDKK 21.0mDKK 22.6m
CashDKK 3.5mDKK 3.2m–
Short-term debtDKK 503kDKK 1.6m–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 2023159

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 Them MathiassenCurrent
Owner (100%)Hollie Holding ApSCurrent
Owner (100%)Martin Them Mathiassen
AuditorDANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKABCurrent
FounderMartin Them MathiassenCurrent

The CEOs' other companies

Martin Them Mathiassen – 1 other companies

Address history (0 moves)

Korskildelund 6, 2670 Greve

Other companies at the same address

Similar companies in Greve

Questions and answers about MMWatches ApS

Has MMWatches ApS gone bankrupt?

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

What is the bankruptcy risk of MMWatches 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 MMWatches ApS?

Martin Them Mathiassen is the CEO of MMWatches ApS.

Who is the auditor of MMWatches ApS?

MMWatches ApS most recently used DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB.

When was MMWatches ApS founded?

MMWatches ApS was founded on 31 May 2023.

What is the equity of MMWatches ApS?

Equity was DKK 17.6m 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.