Midtgaard Byg ApS

CVR 45718905 · Private limited company (ApS) · Active · High risk

Midtgaard Byg ApS is a Private limited company (ApS), founded on , based in Randers SØ. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 44k and a net result of DKK 24k. CEO: Daniel Midtgaard Sørensen.

Bankruptcy risk for Midtgaard Byg ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% 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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
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
45718905
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Sandagervej 7A
8960 Randers SØ
Municipality
Randers
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 20k
Auditor
Bæk Revision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio7.6%
Current ratio68%
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
Gross profitDKK 843k
Net profitDKK 24k
EquityDKK 44k
Total assetsDKK 587k
CashDKK 156k
Short-term debtDKK 535k
Avg. employees3

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

Filed annual reports

Reporting periodPublishedDays after period end
30 Jun 2025 – 31 Dec 2025181

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
CEODaniel Midtgaard SørensenCurrent
Owner (100%)Midtgaard Byg Holding ApSCurrent
FounderMidtgaard Byg Holding ApSCurrent

The CEOs' other companies

Daniel Midtgaard Sørensen – 1 other companies

Address history (0 moves)

Sandagervej 7A, 8960 Randers SØ

Other companies at the same address

Similar companies in Randers

Questions and answers about Midtgaard Byg ApS

Has Midtgaard Byg ApS gone bankrupt?

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

What is the bankruptcy risk of Midtgaard Byg ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Midtgaard Byg ApS?

Daniel Midtgaard Sørensen is the CEO of Midtgaard Byg ApS.

Who is the auditor of Midtgaard Byg ApS?

Midtgaard Byg ApS most recently used Bæk Revision.

When was Midtgaard Byg ApS founded?

Midtgaard Byg ApS was founded on 30 June 2025.

What is the equity of Midtgaard Byg ApS?

Equity was DKK 44k 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.