COVAMIC Holding ApS

CVR 44188589 · Private limited company (ApS) · Active · Medium risk

COVAMIC Holding ApS is a Private limited company (ApS), founded on , based in Hedensted. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 521k and a net result of DKK 149k. CEO: Kristian Rud Michaelsen.

Bankruptcy risk for COVAMIC Holding ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×

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
44188589
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Årupvænget 25
8722 Hedensted
Municipality
Hedensted
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio97.7%
Current ratio477%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Net profitDKK 149kDKK 332k
EquityDKK 521kDKK 372k
Total assetsDKK 533kDKK 378k
CashDKK 57k–
Short-term debtDKK 12k–
Tax owedDKK 5,742–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
13 Jul 2023 – 31 Dec 2024177

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
CEOKristian Rud MichaelsenCurrent
Owner (100%)Kristian Rud MichaelsenCurrent
FounderKristian Rud MichaelsenCurrent

The CEOs' other companies

Kristian Rud Michaelsen – 3 other companies, of which 2 bankrupt

Address history (0 moves)

Årupvænget 25, 8722 Hedensted

Other companies at the same address

Similar companies in Hedensted

Questions and answers about COVAMIC Holding ApS

Has COVAMIC Holding ApS gone bankrupt?

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

What is the bankruptcy risk of COVAMIC Holding ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of COVAMIC Holding ApS?

Kristian Rud Michaelsen is the CEO of COVAMIC Holding ApS.

Who is the auditor of COVAMIC Holding ApS?

COVAMIC Holding ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was COVAMIC Holding ApS founded?

COVAMIC Holding ApS was founded on 13 July 2023.

What is the equity of COVAMIC Holding ApS?

Equity was DKK 521k 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.