MG Gulvafslibning ApS

CVR 45634841 · Private limited company (ApS) · Active · High risk

MG Gulvafslibning ApS is a Private limited company (ApS), founded on , based in Skive. The company is registered in the industry udførelse af gulvbelægninger og vægbeklædning. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 99k and a net result of DKK 79k. CEO: Michael Odgaard Gade.

Bankruptcy risk for MG Gulvafslibning ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
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
45634841
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Grabows Vej 2
7800 Skive
Municipality
Skive
Industry
Udførelse af gulvbelægninger og vægbeklædning (433300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 20k
Auditor
PRO REVISION
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio34.7%
Current ratio101%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
RevenueDKK 512k
Gross profitDKK 201k
Net profitDKK 79k
EquityDKK 99k
Total assetsDKK 285k
CashDKK 79k
Short-term debtDKK 181k
Tax owedDKK 3,304
Avg. employees1

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

Filed annual reports

Reporting periodPublishedDays after period end
25 May 2025 – 31 Dec 2025169

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
CEOMichael Odgaard GadeCurrent
Owner (100%)Michael Odgaard GadeCurrent
FounderMichael Odgaard GadeCurrent

The CEOs' other companies

Michael Odgaard Gade – 1 other companies

Address history (0 moves)

Grabows Vej 2, 7800 Skive

Other companies at the same address

Similar companies in Skive

Questions and answers about MG Gulvafslibning ApS

Has MG Gulvafslibning ApS gone bankrupt?

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

What is the bankruptcy risk of MG Gulvafslibning ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of MG Gulvafslibning ApS?

Michael Odgaard Gade is the CEO of MG Gulvafslibning ApS.

Who is the auditor of MG Gulvafslibning ApS?

MG Gulvafslibning ApS most recently used PRO REVISION.

When was MG Gulvafslibning ApS founded?

MG Gulvafslibning ApS was founded on 25 May 2025.

What is the equity of MG Gulvafslibning ApS?

Equity was DKK 99k 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.