Midt VVS ApS

CVR 44355973 · Private limited company (ApS) · Active · Very high risk

Midt VVS ApS is a Private limited company (ApS), founded on , based in Nørresundby. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 12.6% over the next 12 months, which is 9.0 times the average for Danish companies. 2 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 3,321 and a net result of DKK -10k. CEO: Ponniah Vigneswaran.

Bankruptcy risk for Midt VVS ApS

12.6%
probability of bankruptcy within 12 months
Very high risk

9.0 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO's other companies1 · bankruptcy rate 7.3%0.83×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
44355973
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Hjørringvej 185B
9400 Nørresundby
Municipality
Aalborg
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Agillix
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio6.7%
Current ratio14%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 522DKK -23k
Net profitDKK -10kDKK -26k
EquityDKK 3,321DKK 14k
Total assetsDKK 49kDKK 39k
CashDKK 230–
Short-term debtDKK 46k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025189 Late
27 Sep 2023 – 31 Dec 2024181

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
CEOPonniah VigneswaranCurrent
Owner (100%)Vigka Group ApSCurrent
FounderVigka Group ApSCurrent

The CEOs' other companies

Ponniah Vigneswaran – 1 other companies

Address history (0 moves)

Hjørringvej 185B, 9400 Nørresundby

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Midt VVS ApS

Has Midt VVS ApS gone bankrupt?

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

What is the bankruptcy risk of Midt VVS ApS?

Our model estimates a bankruptcy risk of 12.6% over the next 12 months (very high risk), which is 9.0 times the average for Danish companies.

Who is the CEO of Midt VVS ApS?

Ponniah Vigneswaran is the CEO of Midt VVS ApS.

Who is the auditor of Midt VVS ApS?

Midt VVS ApS most recently used Agillix.

When was Midt VVS ApS founded?

Midt VVS ApS was founded on 27 September 2023.

What is the equity of Midt VVS ApS?

Equity was DKK 3,321 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.