Bay Legal ApS

CVR 44588870 · Private limited company (ApS) · Active · Very high risk

Bay Legal ApS is a Private limited company (ApS), founded on , based in Askeby. The company is registered in the industry juridiske aktiviteter. Our model estimates a bankruptcy risk of 9.4% over the next 12 months, which is 6.7 times the average for Danish companies. 2 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.5m and a net result of DKK 179k.

Bankruptcy risk for Bay Legal ApS

9.4%
probability of bankruptcy within 12 months
Very high risk

6.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
44588870
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Afrikavej 2
4792 Askeby
Municipality
Vordingborg
Industry
Juridiske aktiviteter (691000)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 2.2m
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityNo
Equity ratio97.2%
Current ratio3,537%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -18kDKK 0
Net profitDKK 179kDKK 72k
EquityDKK 2.5mDKK 872k
Total assetsDKK 2.5mDKK 892k
CashDKK 15kDKK 5,034
Short-term debtDKK 71kDKK 0
Tax owedDKK 71kDKK 0
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
8 Jan 2024 – 31 Dec 2024209 Late

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
Owner (67%)Martin BayCurrent
Owner (20%)Birgitte BayCurrent
Owner (100%)Martin Bay
FounderMartin BayCurrent

Address history (1 moves)

Afrikavej 2, 4792 Askeby
Stenøvej 3, 4792 Askeby

Former names

Bay Legal ApS – now
Investeringsselskabet MB 2023 ApS –

Other companies at the same address

Similar companies in Vordingborg

Questions and answers about Bay Legal ApS

Has Bay Legal ApS gone bankrupt?

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

What is the bankruptcy risk of Bay Legal ApS?

Our model estimates a bankruptcy risk of 9.4% over the next 12 months (very high risk), which is 6.7 times the average for Danish companies.

When was Bay Legal ApS founded?

Bay Legal ApS was founded on 8 January 2024.

What is the equity of Bay Legal ApS?

Equity was DKK 2.5m 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.