Morsø Agro og Renewables ApS

CVR 44680904 · Private limited company (ApS) · Active · Low risk

Morsø Agro og Renewables ApS is a Private limited company (ApS), founded on , based in Øster Assels. The company is registered in the industry dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK -262k and a net result of DKK 262k. CEO: Kjeld Glintborg Kudsk.

Bankruptcy risk for Morsø Agro og Renewables ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
44680904
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Kongehøjvej 64
7990 Øster Assels
Municipality
Morsø
Industry
Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø (011100)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-1.2%
Current ratio7%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 1.5mDKK -35k
Net profitDKK 262kDKK -564k
EquityDKK -262kDKK -524k
Total assetsDKK 21.3mDKK 20.2m
CashDKK 641k–
Short-term debtDKK 21.6m–
Tax owedDKK 70k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025153
4 Mar 2024 – 30 Sep 2024127

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
CEOKjeld Glintborg KudskCurrent
CEOKjeld Glintborg Kudsk
CEOJens Bak Ibsen
Owner (90%)JENS IBSEN HOLDING ApSCurrent
Owner (10%)ROMANIA AGRO HOLDING ApSCurrent
Owner (100%)ROMANIA AGRO HOLDING ApS
FounderROMANIA AGRO HOLDING ApSCurrent

The CEOs' other companies

Kjeld Glintborg Kudsk – 4 other companies

Jens Bak Ibsen – 54 other companies, of which 1 bankrupt

Address history (0 moves)

Kongehøjvej 64, 7990 Øster Assels

Other companies at the same address

Similar companies in Morsø

Questions and answers about Morsø Agro og Renewables ApS

Has Morsø Agro og Renewables ApS gone bankrupt?

No, Morsø Agro og Renewables ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Morsø Agro og Renewables ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Morsø Agro og Renewables ApS?

Kjeld Glintborg Kudsk is the CEO of Morsø Agro og Renewables ApS.

Who is the auditor of Morsø Agro og Renewables ApS?

Morsø Agro og Renewables ApS most recently used Beierholm.

When was Morsø Agro og Renewables ApS founded?

Morsø Agro og Renewables ApS was founded on 4 March 2024.

What is the equity of Morsø Agro og Renewables ApS?

Equity was DKK -262k 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.