MK Furniture ApS

CVR 46208811 · Private limited company (ApS) · Active · Low risk

MK Furniture ApS is a Private limited company (ApS), founded on , based in Kerteminde. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 19.9m and a net result of DKK -11.8m. CEO: Søren Martin Kold.

Bankruptcy risk for MK Furniture ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
46208811
Status
Active
Company type
Private limited company (ApS)
Founded
(53 years)
Address
Måle Bygade 38
5300 Kerteminde
Municipality
Kerteminde
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
1 (2015)
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late9 of 31
Missing annual reportNo
Negative equityNo
Equity ratio96.6%
Current ratio2,935%
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 year202520242023
Gross profitDKK -189kDKK -234kDKK -263k
Net profitDKK -11.8mDKK -1.5mDKK 7.4m
EquityDKK 19.9mDKK 31.7mDKK 33.2m
Total assetsDKK 20.6mDKK 32.6mDKK 34.7m
CashDKK 607kDKK 286k–
Short-term debtDKK 693kDKK 912k–
Tax owed–DKK 0–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025160
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020168
1 Jan 2019 – 31 Dec 2019232 Late
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015155
1 Jan 2014 – 31 Dec 2014154
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012161
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008161
1 Jan 2007 – 31 Dec 2007161
1 Jan 2006 – 31 Dec 2006164

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
CEOSøren Martin KoldCurrent
BoardSøren Martin Kold
BoardChristen Høffner Kold
BoardMogens Kold
BoardRagnhild Såbye
BoardHelge Heisselberg Pedersen
BoardJens Kold
Owner (100%)Søren Martin KoldCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Søren Martin Kold – 7 other companies

Address history (3 moves)

Måle Bygade 38, 5300 Kerteminde
Måle Bygade 38, 5300 Kerteminde
Grønlandsgade 3, 5300 Kerteminde
Vestergade 138, 5300 Kerteminde

Former names

MK Furniture ApS – now
A/S MK FURNITURE –

Employees per year

Number of employees at MK Furniture ApS per year111997: 119971998: 119981999: 119992000: 120002013: 120132014: 120142015: 12015

Other companies at the same address

Similar companies in Kerteminde

Questions and answers about MK Furniture ApS

Has MK Furniture ApS gone bankrupt?

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

What is the bankruptcy risk of MK Furniture ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MK Furniture ApS?

Søren Martin Kold is the CEO of MK Furniture ApS.

Who is the auditor of MK Furniture ApS?

MK Furniture ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was MK Furniture ApS founded?

MK Furniture ApS was founded on 27 February 1973.

What is the equity of MK Furniture ApS?

Equity was DKK 19.9m 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.