Brask Byg ApS

CVR 44929244 · Private limited company (ApS) · Active · Very high risk

Brask Byg ApS is a Private limited company (ApS), founded on , based in Lemvig. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 17.0% over the next 12 months, which is 12.0 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 443k and a net result of DKK 418. CEO: Morten Brask Larsen.

Bankruptcy risk for Brask Byg ApS

17.0%
probability of bankruptcy within 12 months
Very high risk

12.0 × the average (1.41%) · higher risk than 99% 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×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
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
44929244
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o Morten Brask, Nørreled 6
7620 Lemvig
Municipality
Lemvig
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
Skov Revision
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityNo
Equity ratio23.2%
Current ratio131%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.5mDKK 1.2m
Net profitDKK 418DKK 96k
EquityDKK 443kDKK 443k
Total assetsDKK 1.9mDKK 1.3m
CashDKK 54k–
Short-term debtDKK 1.5mDKK 837k
Tax owedDKK 32kDKK 13k
Avg. employees62

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024189 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
CEOMorten Brask LarsenCurrent
Owner (100%)MBL-Holding ApSCurrent
Owner (100%)Morten Brask Larsen
AuditorSKOV REVISION REGISTRERET REVISIONSANPARTSSELSKAB
FounderMorten Brask LarsenCurrent

The CEOs' other companies

Morten Brask Larsen – 3 other companies

Address history (2 moves)

c/o Morten Brask, Nørreled 6, 7620 Lemvig
Alahärmävej 11, 7620 Lemvig
Alahärmävej 8, 7620 Lemvig

Similar companies in Lemvig

Questions and answers about Brask Byg ApS

Has Brask Byg ApS gone bankrupt?

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

What is the bankruptcy risk of Brask Byg ApS?

Our model estimates a bankruptcy risk of 17.0% over the next 12 months (very high risk), which is 12.0 times the average for Danish companies.

Who is the CEO of Brask Byg ApS?

Morten Brask Larsen is the CEO of Brask Byg ApS.

Who is the auditor of Brask Byg ApS?

Brask Byg ApS most recently used Skov Revision.

When was Brask Byg ApS founded?

Brask Byg ApS was founded on 26 June 2024.

What is the equity of Brask Byg ApS?

Equity was DKK 443k 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.