Midtjysk Bilcenter ApS

CVR 44157101 · Private limited company (ApS) · Active · Low risk

Midtjysk Bilcenter ApS is a Private limited company (ApS), founded on , based in Ikast. The company is registered in the industry detailhandel med motorkøretøjer. 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, 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 43.1m and a net result of DKK 5.5m. CEO: Morten Kvist Fyhn.

Bankruptcy risk for Midtjysk Bilcenter 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

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
44157101
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
E Christensens Vej 61B
7430 Ikast
Municipality
Ikast-Brande
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityNo
Equity ratio82.5%
Current ratio762%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 9.7mDKK 9.4mDKK 9.6m
Net profitDKK 5.5mDKK 5.4mDKK 4.6m
EquityDKK 43.1mDKK 39.8mDKK 34.4m
Total assetsDKK 52.3mDKK 49.5mDKK 49.2m
CashDKK 18.6mDKK 13.6m–
Short-term debtDKK 5.4mDKK 5.0m–
Tax owedDKK 1.7mDKK 3.6m–
Avg. employees44–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025119
1 Jan 2024 – 31 Dec 2024179
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
CEOMorten Kvist FyhnCurrent
Owner (100%)MF Holding Ikast ApSCurrent
Owner (100%)Morten Kvist Fyhn
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderMorten Kvist FyhnCurrent

The CEOs' other companies

Morten Kvist Fyhn – 4 other companies, of which 1 bankrupt

Address history (0 moves)

E Christensens Vej 61B, 7430 Ikast

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about Midtjysk Bilcenter ApS

Has Midtjysk Bilcenter ApS gone bankrupt?

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

What is the bankruptcy risk of Midtjysk Bilcenter 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 Midtjysk Bilcenter ApS?

Morten Kvist Fyhn is the CEO of Midtjysk Bilcenter ApS.

Who is the auditor of Midtjysk Bilcenter ApS?

Midtjysk Bilcenter ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was Midtjysk Bilcenter ApS founded?

Midtjysk Bilcenter ApS was founded on 27 June 2023.

What is the equity of Midtjysk Bilcenter ApS?

Equity was DKK 43.1m 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.