MSG Holding-ApS

CVR 44406691 · Private limited company (ApS) · Active · Medium risk

MSG Holding-ApS is a Private limited company (ApS), founded on , based in Holbæk. 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 763k and a net result of DKK 339k. CEO: Michael Flanding.

Bankruptcy risk for MSG 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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
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×
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
44406691
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Tuse Byvej 3
4300 Holbæk
Municipality
Holbæk
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Revision &amp; RådgivningsgruppenGodkendt revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio77.4%
Current ratio243%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -5,000DKK -9,400
Net profitDKK 339kDKK 509k
EquityDKK 763kDKK 559k
Total assetsDKK 985kDKK 786k
Short-term debtDKK 223kDKK 227k
Tax owedDKK 109kDKK 176k
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision &amp; RådgivningsgruppenGodkendt revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025149
27 Oct 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
CEOMichael FlandingCurrent
Owner (100%)Michael FlandingCurrent
FounderMichael FlandingCurrent

The CEOs' other companies

Michael Flanding – 2 other companies

Address history (1 moves)

Tuse Byvej 3, 4300 Holbæk
Tuse Byvej 3A, 4300 Holbæk

Other companies at the same address

Similar companies in Holbæk

Questions and answers about MSG Holding-ApS

Has MSG Holding-ApS gone bankrupt?

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

What is the bankruptcy risk of MSG 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 MSG Holding-ApS?

Michael Flanding is the CEO of MSG Holding-ApS.

Who is the auditor of MSG Holding-ApS?

MSG Holding-ApS most recently used Revision &amp; RådgivningsgruppenGodkendt revisionspartnerselskab.

When was MSG Holding-ApS founded?

MSG Holding-ApS was founded on 27 October 2023.

What is the equity of MSG Holding-ApS?

Equity was DKK 763k 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.