Multigrid Materials ApS

CVR 44385287 · Private limited company (ApS) · Active · Medium risk

Multigrid Materials ApS is a Private limited company (ApS), founded on , based in Broager. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 142k and a net result of DKK 55k. CEO: Michael Fussing Clausen.

Bankruptcy risk for Multigrid Materials ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% 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×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Registered owners4+ · bankruptcy rate 5.7%0.65×

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
44385287
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Smedevænget 2
6310 Broager
Municipality
Sønderborg
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio38.6%
Current ratio163%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 69kDKK 63k
Net profitDKK 55kDKK 47k
EquityDKK 142kDKK 87k
Total assetsDKK 368kDKK 116k
CashDKK 904–
Short-term debtDKK 226k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202571
17 Oct 2023 – 30 Sep 202464

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
CEOMichael Fussing ClausenCurrent
Owner (10%)EC Holding 2022 ApSCurrent
Owner (10%)MLTH Holding ApSCurrent
Owner (10%)RLEJE Holding ApSCurrent
Owner (67%)Zeh Holding ApSCurrent
FounderZeh Holding ApSCurrent

The CEOs' other companies

Michael Fussing Clausen – 4 other companies, of which 2 bankrupt

Address history (2 moves)

Smedevænget 2, 6310 Broager
Agtoftsvej 7D, 6400 Sønderborg
Nejs Bjerg 37A, 6310 Broager

Other companies at the same address

Similar companies in Sønderborg

Questions and answers about Multigrid Materials ApS

Has Multigrid Materials ApS gone bankrupt?

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

What is the bankruptcy risk of Multigrid Materials ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Multigrid Materials ApS?

Michael Fussing Clausen is the CEO of Multigrid Materials ApS.

Who is the auditor of Multigrid Materials ApS?

Multigrid Materials ApS most recently used Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

When was Multigrid Materials ApS founded?

Multigrid Materials ApS was founded on 17 October 2023.

What is the equity of Multigrid Materials ApS?

Equity was DKK 142k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.