Midgaard ApS
CVR 44291584 · Private limited company (ApS) · Active · Very high risk
Midgaard ApS is a Private limited company (ApS), founded on , based in Stege. The company is registered in the industry fremstilling af bygningstømmer og snedkeriartikler i øvrigt. Our model estimates a bankruptcy risk of 13.3% over the next 12 months, which is 9.4 times the average for Danish companies. 3 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -155k and a net result of DKK -181k.
Bankruptcy risk for Midgaard ApS
9.4 × the average (1.41%) · higher risk than 99% of active Danish companies
Increases the risk
Reduces the risk
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
- 44291584
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (3 years)
- Address
- Storegade 66
4780 Stege - Municipality
- Vordingborg
- Industry
- Fremstilling af bygningstømmer og snedkeriartikler i øvrigt (162300)
Bankruptcies in the industry: Fremstilling af bygningstømmer og snedkeriartikler i øvrigt - Share capital
- DKK 40k
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 3 of 3 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -560.0% |
| Current ratio | 15% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -179k | DKK -147k | DKK 186k |
| Net profit | DKK -181k | DKK -149k | DKK 136k |
| Equity | DKK -155k | DKK 26k | DKK 176k |
| Total assets | DKK 28k | DKK 131k | DKK 386k |
| Cash | – | DKK 0 | – |
| Short-term debt | DKK 183k | DKK 104k | – |
| Avg. employees | 0 | 0 | – |
Latest annual report: Reporting class B · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 192 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 201 | Late | |
| 10 Sep 2023 – 31 Dec 2023 | 200 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Dennis Brandt Stavsholm | ||
| Owner (20%) | Dennis Brandt Stavsholm | Current | |
| Owner (20%) | Lea Ried | Current | |
| Owner (33%) | Bjørn Laffrenz Bukholt | Current | |
| Owner (20%) | Søren Kirkegaard Kjær | Current | |
| Owner (50%) | Dennis Brandt Stavsholm | ||
| Owner (33%) | DEVO Holding ApS | ||
| Owner (20%) | Christian Bo Holmelin Andreasen | ||
| Founder | Dennis Brandt Stavsholm | Current | |
| Founder | DEVO Holding ApS | Current |
The CEOs' other companies
Dennis Brandt Stavsholm – 1 other companies, of which 1 bankrupt
- DS Total ApS Bankrupt 29 Sep 2021
Address history (2 moves)
| Storegade 66, 4780 Stege | |
| Storegade 66, 4780 Stege | |
| Kostervej 9, 4780 Stege |
Other companies at the same address
- ALIA ApS Active
- Ejendomsmæglerfirmaet Stender A/S Active
- Tømrermester Mortensen ApS Active
Similar companies in Vordingborg
- Teak-vinduer IVS Vordingborg
- SHELTERSHOP IVS Mern
- O. P. TRÆBYG ApS Lundby
Questions and answers about Midgaard ApS
Has Midgaard ApS gone bankrupt?
No, Midgaard ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Midgaard ApS?
Our model estimates a bankruptcy risk of 13.3% over the next 12 months (very high risk), which is 9.4 times the average for Danish companies.
When was Midgaard ApS founded?
Midgaard ApS was founded on 10 September 2023.
What is the equity of Midgaard ApS?
Equity was DKK -155k 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.