M+ Udvikling A/S
CVR 45389766 · Public limited company (A/S) · Active · Low risk
M+ Udvikling A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK -1.2m and a net result of DKK -1.6m. CEO: Claus Porsgaard.
Bankruptcy risk for M+ Udvikling A/S
0.4 × the average (1.41%) · higher risk than 60% 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
- 45389766
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (1 years)
- Address
- Rosenkrantzvej 2
8700 Horsens - Municipality
- Horsens
- Industry
- Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger - Share capital
- DKK 400k
- Auditor
- PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 1 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -201.8% |
| Current ratio | 27% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 121 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 |
|---|---|
| Gross profit | DKK 4.9m |
| Net profit | DKK -1.6m |
| Equity | DKK -1.2m |
| Total assets | DKK 571k |
| Short-term debt | DKK 1.7m |
| Avg. employees | 6 |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 9 Feb 2025 – 31 Dec 2025 | 154 |
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 | Claus Porsgaard | Current | |
| Board | Bettina Antitsch Mortensen | Current | |
| Board | Per Christian Hansen | Current | |
| Board | Claus Porsgaard | Current | |
| Owner (100%) | M+ III A/S | Current | |
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Founder | M+ III A/S | Current |
The CEOs' other companies
Claus Porsgaard – 46 other companies, of which 1 bankrupt
- Datoselskabet af 180825 ApS Bankrupt 1 Sep 2025
- AI Innovation Center ApS Fusioneret
- B.A.M. A/S Active
- B.A.M. II A/S Active
- Business Drive ApS Active
- CP Invest ApS Active
- DANDY Business Park ApS Active
- Dandy Business Park Holding ApS Fusioneret
- Dragsholm Gruppen ApS Active
- Dragsholm Slot Ejendomsselskab ApS Active
- EJENDOMSSELSKABET AF 14. JUNI 2013 A/S Active
- EJENDOMSSELSKABET BYGHOLM A/S Opløst
- EXXIT 59 A/S Active
- Ejendomsselskabet CMØ 4 ApS Fusioneret
- FLEX MODUL A/S Active
- FLEX MODUL RENTAL A/S Active
- FRB NewCo ApS Fusioneret
- Fix my car A/S Active
- Flex Group ApS Active
- Folkli ApS Active
- GREEN TECH CENTER ApS Fusioneret
- HAVNETREKANTEN A/S Active
- Hybel Danmark A/S Active
- Hybel Midt A/S Active
- Hybel Nord A/S Active
- Hybel Real Estate A/S Active
- Hybel Sjælland A/S Active
- Hybel Syd A/S Active
- JA HOLDING A/S Opløst
- Komplementarselskabet Plushusene 3 ApS Active
Address history (1 moves)
| Rosenkrantzvej 2, 8700 Horsens | |
| Rosenkrantzvej 2, 8700 Horsens |
Other companies at the same address
- AM 14 Holding ApS Active
- Anpartsselskabet Bassin 7, Restaurant og Teater Active
- Anpartsselskabet HKM Active
- Anpartsselskabet Søgrundene, Østbirk Opløst
- Anpartsselskabet af 1. juli 2013 Active
- B.A.M. A/S Active
- B.A.M. II A/S Active
- Bremersalle 16 ApS Active
- Bremersalle ApS Active
- CC COPENHAGEN RESIDENTIAL A/S Opløst
- CMNRE CC COPENHAGEN RESIDENTIAL HOLDCO ApS Opløst
- EJENDOMSSELSKABET AF 14. JUNI 2013 A/S Active
- EJENDOMSSELSKABET BYGHOLM A/S Opløst
- EJENDOMSSELSKABET HOVMARKSVEJ 95 HORSENS ApS Opløst
- EJV Holding ApS Active
- EXXIT 59 A/S Active
- Ejendomsselskabet CMØ 4 ApS Fusioneret
- Ejendomsselskabet Houmannsgade ApS Active
- Ejendomsselskabet R2 ApS Active
- Ejendomsselskabet R3 A/S Active
- Ejendomsselskabet R4 + R5 ApS Active
- Ejendomsselskabet R6 ApS Fusioneret
- Ejendomsselskabet R8 ApS Active
- Ejendomsselskabet Rådhustorvet, Horsens A/S Active
- Ejendomsselskabet. Johs. E. Rasmussens Vej A/S Active
Similar companies in Horsens
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- S.E. Hovedgaard Entreprise A/S Hovedgård
Questions and answers about M+ Udvikling A/S
Has M+ Udvikling A/S gone bankrupt?
No, M+ Udvikling A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of M+ Udvikling A/S?
Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the CEO of M+ Udvikling A/S?
Claus Porsgaard is the CEO of M+ Udvikling A/S.
Who is the auditor of M+ Udvikling A/S?
M+ Udvikling A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was M+ Udvikling A/S founded?
M+ Udvikling A/S was founded on 9 February 2025.
What is the equity of M+ Udvikling A/S?
Equity was DKK -1.2m 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.