MA Holding 2023 ApS

CVR 44392062 · Private limited company (ApS) · Active · Low risk

MA Holding 2023 ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 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 284k and a net result of DKK 251k. CEO: Mathias Tusgaard Fenger-Eriksen, Andreas Magnus Busch.

Bankruptcy risk for MA Holding 2023 ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% 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×
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×
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

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · 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
44392062
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Nordborggade 53, 4. th
8000 Aarhus C
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio96.3%
Current ratio2,296%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -6,110DKK -12k
Net profitDKK 251kDKK -7,328
EquityDKK 284kDKK 33k
Total assetsDKK 295kDKK 44k
CashDKK 253kDKK 604
Short-term debtDKK 11kDKK 11k
Avg. employees00

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
26 Oct 2023 – 31 Dec 2024137

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
CEOMathias Tusgaard Fenger-EriksenCurrent
CEOAndreas Magnus BuschCurrent
Owner (50%)Mathias Tusgaard Fenger-EriksenCurrent
Owner (50%)Andreas Magnus BuschCurrent
FounderMathias Tusgaard Fenger-EriksenCurrent
FounderAndreas Magnus BuschCurrent

The CEOs' other companies

Mathias Tusgaard Fenger-Eriksen – 1 other companies

Andreas Magnus Busch – 1 other companies

Address history (0 moves)

Nordborggade 53, 4. th, 8000 Aarhus C

Similar companies in Aarhus

Questions and answers about MA Holding 2023 ApS

Has MA Holding 2023 ApS gone bankrupt?

No, MA Holding 2023 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MA Holding 2023 ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of MA Holding 2023 ApS?

Mathias Tusgaard Fenger-Eriksen, Andreas Magnus Busch are the CEOs of MA Holding 2023 ApS.

Who is the auditor of MA Holding 2023 ApS?

MA Holding 2023 ApS most recently used Beierholm.

When was MA Holding 2023 ApS founded?

MA Holding 2023 ApS was founded on 26 October 2023.

What is the equity of MA Holding 2023 ApS?

Equity was DKK 284k 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.