MSG-ApS
CVR 44406780 · Private limited company (ApS) · Active · High risk
MSG-ApS is a Private limited company (ApS), founded on , based in Holbæk. The company is registered in the industry andre specialiserede byggeaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 429k and a net result of DKK 366k. CEO: Michael Flanding.
Bankruptcy risk for MSG-ApS
2.0 × the average (1.41%) · higher risk than 87% 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
- 44406780
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (3 years)
- Address
- Stenhusvej 7
4300 Holbæk - Municipality
- Holbæk
- Industry
- Andre specialiserede byggeaktiviteter i.a.n. (439900)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed - Share capital
- DKK 40k
- Auditor
- Revision & RådgivningsgruppenGodkendt revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 2 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 17.8% |
| Current ratio | 121% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 25 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 1.4m | DKK 809k |
| Net profit | DKK 366k | DKK 517k |
| Equity | DKK 429k | DKK 563k |
| Total assets | DKK 2.4m | DKK 965k |
| Cash | DKK 528k | – |
| Short-term debt | DKK 2.0m | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision & RådgivningsgruppenGodkendt revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 149 | ||
| 27 Oct 2023 – 31 Dec 2024 | 181 |
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 | Michael Flanding | Current | |
| Owner (100%) | MSG Holding-ApS | Current | |
| Founder | MSG Holding-ApS | Current |
The CEOs' other companies
Michael Flanding – 2 other companies
- MSG Bolig Invest ApS Active
- MSG Holding-ApS Active
Address history (1 moves)
| Stenhusvej 7, 4300 Holbæk | |
| Tuse Byvej 3A, 4300 Holbæk |
Other companies at the same address
- AP PRODUKTION ApS Bankrupt
- DSS 2000 ApS Bankrupt
- FB UK-BENELUX ApS Bankrupt
- Hr. Olsen Drift ApS Bankrupt
- NV MURER OG RENOVERING ApS Bankrupt
- NVM HOLDING 2007 ApS Bankrupt
- PROJEKTSELSKABET AF 9/9 ApS Bankrupt
- RVR Charme ApS Bankrupt
- TOGI CREATIVE A/S Bankrupt
- TØNDER FARVEHANDEL ApS Bankrupt
- WAKEUP CONSULTING ApS Bankrupt
- Holbæk Reklame IVS Compulsorily dissolved
- MSG Bolig Invest ApS Active
- N.T. Falke adm. A/S Fusioneret
- NCI Ejendomme II A/S Fusioneret
- Obsinthe Systems IvS Compulsorily dissolved
- Plass-Nielsen Holding ApS Fusioneret
- Proleasing ApS Fusioneret
- Psykologhuset 1978 ApS Opløst
- SCAN PROJEKT SOLUTIONS ApS Compulsorily dissolved
- STÅLTECH ApS Opløst
- Systemkompagniet A/S Fusioneret
- Tønder Farver ApS Fusioneret
- UDVIKLINGSSELSKABET AF 8/2-2000 ApS Compulsorily dissolved
- VESTNET ApS Active
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Questions and answers about MSG-ApS
Has MSG-ApS gone bankrupt?
No, MSG-ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of MSG-ApS?
Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.
Who is the CEO of MSG-ApS?
Michael Flanding is the CEO of MSG-ApS.
Who is the auditor of MSG-ApS?
MSG-ApS most recently used Revision & RådgivningsgruppenGodkendt revisionspartnerselskab.
When was MSG-ApS founded?
MSG-ApS was founded on 27 October 2023.
What is the equity of MSG-ApS?
Equity was DKK 429k 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.