MIDTJYDSK FORNIKLING OG FORCHROMNING A/S

CVR 75867018 · Public limited company (A/S) · Active · Low risk

MIDTJYDSK FORNIKLING OG FORCHROMNING A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry overfladebehandling af metal. 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. The latest annual report (31 Dec 2025) shows equity of DKK 30.4m and a net result of DKK 3.8m.

Bankruptcy risk for MIDTJYDSK FORNIKLING OG FORCHROMNING A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
75867018
Status
Active
Company type
Public limited company (A/S)
Founded
(42 years)
Address
Hvidelvej 7
7400 Herning
Municipality
Herning
Industry
Overfladebehandling af metal (255100)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 5.0m
Employees
92 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio35.0%
Current ratio131%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 26.0mDKK 28.7m
Net profitDKK 3.8mDKK 6.3m
EquityDKK 30.4mDKK 28.6m
Total assetsDKK 86.8mDKK 87.1m
CashDKK 13.1m–
Short-term debtDKK 21.1m–
Avg. employees84–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202558
1 Jan 2024 – 31 Dec 202464
1 Jan 2023 – 31 Dec 202373
1 Jan 2022 – 31 Dec 202272
1 Jan 2021 – 31 Dec 202166
1 Jan 2020 – 31 Dec 202067
1 Jan 2019 – 31 Dec 201969
1 Jan 2018 – 31 Dec 201870
1 Jan 2017 – 31 Dec 201760
1 Jan 2016 – 31 Dec 201661
1 Jan 2015 – 31 Dec 201597
1 Jan 2014 – 31 Dec 201458
1 Jan 2013 – 31 Dec 201357
1 Jan 2012 – 31 Dec 2012108
1 Jan 2011 – 31 Dec 2011134
1 Jan 2010 – 31 Dec 2010125
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008176
1 Jan 2007 – 31 Dec 2007136
1 Jan 2006 – 31 Dec 200693

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
CEOMogens Lundgaard
BoardJohn BuskCurrent
BoardJohn KlintCurrent
BoardJens Erik LarsenCurrent
BoardLotte Lundgaard MadsenCurrent
BoardPia GrandelagCurrent
BoardClaus Hornstrup DissingCurrent
BoardBrian Hallundbæk MadsenCurrent
BoardMogens Lundgaard
BoardEdel Lundgaard
BoardErik Ernst Bach
BoardStephan Winther
BoardJohn Klint
BoardJohn Busk
BoardJohn Busk
BoardJohn Theo Tønnesen
BoardJørn Andersen
BoardKim Lorentzen
BoardJørgen Karl Richard Manke
BoardJohn Theo Tønnesen
BoardJørn Andersen
BoardNiels Pagter Kristensen
BoardSteen Ulrik Madsen
BoardKjeld Ostenfeldt Mathiesen
BoardJens Erik Larsen
BoardPer Lykke Jensen
BoardLars Randel Nyengaard
BoardMogens Lundgaard
BoardLars Randel Nyengaard
BoardMogens Lundgaard
BoardCarsten Lykke Wædeled
BoardMogens Lundgaard
Owner (50%)MFF HERNING HOLDING ApSCurrent
Owner (33%)Dissing Industrial Holding ApSCurrent
Owner (50%)MFF HERNING HOLDING ApS
Owner (33%)Thorsen Ejendomme A/S
Owner (100%)MFF HERNING HOLDING ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorCOLDING & PEDERSEN REVISIONSAKTIESELSKAB
AuditorSR. STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Mogens Lundgaard – 5 other companies, of which 1 bankrupt

Address history (2 moves)

Hvidelvej 7, 7400 Herning
Hvidelvej 7, 7400 Herning
Sabroesvej 10, 7400 Herning

Employees per year

Number of employees at MIDTJYDSK FORNIKLING OG FORCHROMNING A/S per year46922011: 7920112012: 7420122013: 7420132014: 7820142015: 8320152016: 8320162017: 9120172018: 922018

Other companies at the same address

Similar companies in Herning

Questions and answers about MIDTJYDSK FORNIKLING OG FORCHROMNING A/S

Has MIDTJYDSK FORNIKLING OG FORCHROMNING A/S gone bankrupt?

No, MIDTJYDSK FORNIKLING OG FORCHROMNING A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MIDTJYDSK FORNIKLING OG FORCHROMNING A/S?

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 auditor of MIDTJYDSK FORNIKLING OG FORCHROMNING A/S?

MIDTJYDSK FORNIKLING OG FORCHROMNING A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MIDTJYDSK FORNIKLING OG FORCHROMNING A/S founded?

MIDTJYDSK FORNIKLING OG FORCHROMNING A/S was founded on 28 June 1984.

What is the equity of MIDTJYDSK FORNIKLING OG FORCHROMNING A/S?

Equity was DKK 30.4m 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.