MI-aquacut ApS

CVR 44163969 · Private limited company (ApS) · Active · Low risk

MI-aquacut ApS is a Private limited company (ApS), founded on , based in Aabybro. The company is registered in the industry maskinforarbejdning af metal. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 3.9m and a net result of DKK 1.2m. CEO: Otto Christian Mikkelsen.

Bankruptcy risk for MI-aquacut ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% 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×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
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
44163969
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Thisted Landevej 196
9440 Aabybro
Municipality
Jammerbugt
Industry
Maskinforarbejdning af metal (255300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 40k
Auditor
Dansk Revision Brønderslev, Godkendt Revisionsanpartsselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio45.7%
Current ratio179%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.3mDKK 745k
Net profitDKK 1.2mDKK 143k
EquityDKK 3.9mDKK 2.7m
Total assetsDKK 8.4mDKK 7.1m
CashDKK 4,076–
Short-term debtDKK 4.4m–
Tax owedDKK 499k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Dansk Revision Brønderslev, Godkendt Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 202464
1 Jan 2023 – 31 Dec 202356

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
CEOOtto Christian MikkelsenCurrent
Owner (100%)Holdingselskabet MI-aquacut ApSCurrent
Owner (100%)MI-aquacut 2023 P/S
AuditorDansk Revision Brønderslev, Godkendt RevisionsanpartsselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderMI-aquacut 2023 P/SCurrent

The CEOs' other companies

Otto Christian Mikkelsen – 2 other companies

Address history (0 moves)

Thisted Landevej 196, 9440 Aabybro

Other companies at the same address

Similar companies in Jammerbugt

Questions and answers about MI-aquacut ApS

Has MI-aquacut ApS gone bankrupt?

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

What is the bankruptcy risk of MI-aquacut ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MI-aquacut ApS?

Otto Christian Mikkelsen is the CEO of MI-aquacut ApS.

Who is the auditor of MI-aquacut ApS?

MI-aquacut ApS most recently used Dansk Revision Brønderslev, Godkendt Revisionsanpartsselskab.

When was MI-aquacut ApS founded?

MI-aquacut ApS was founded on 30 June 2023.

What is the equity of MI-aquacut ApS?

Equity was DKK 3.9m 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.