MIDTFJORD EL A/S

CVR 78872217 · Public limited company (A/S) · Active · Low risk

MIDTFJORD EL A/S is a Public limited company (A/S), founded on , based in Løgstør. The company is registered in the industry el-installation. 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 6.2m and a net result of DKK 196k. CEO: Mads Myrup Andersen.

Bankruptcy risk for MIDTFJORD EL 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

Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
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
78872217
Status
Active
Company type
Public limited company (A/S)
Founded
(41 years)
Address
Limfjordsvej 10
9670 Løgstør
Municipality
Vesthimmerlands
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 1.0m
Employees
30 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 30
Missing annual reportNo
Negative equityNo
Equity ratio37.6%
Current ratio179%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 17.6mDKK 20.0mDKK 16.1m
Net profitDKK 196kDKK 1.3mDKK 2.5m
EquityDKK 6.2mDKK 7.5mDKK 6.2m
Total assetsDKK 16.5mDKK 18.4mDKK 18.8m
CashDKK 314kDKK 6.3m–
Short-term debtDKK 8.0mDKK 8.1m–
Tax owedDKK 0DKK 1.9m–
Avg. employees3434–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025111
1 Jan 2024 – 31 Dec 2024118
1 Apr 2022 – 31 Mar 2023179
1 Apr 2021 – 31 Mar 202282
1 Apr 2020 – 31 Mar 202176
1 Apr 2019 – 31 Mar 2020248 Late
1 Apr 2018 – 31 Mar 2019101
1 Apr 2017 – 31 Mar 201896
1 Apr 2016 – 31 Mar 2017178
1 Apr 2015 – 31 Mar 2016140
1 Apr 2014 – 31 Mar 201551
1 Apr 2013 – 31 Mar 2014157
1 Apr 2012 – 31 Mar 201355
1 Apr 2011 – 31 Mar 2012174
1 Apr 2010 – 31 Mar 201182
1 Apr 2009 – 31 Mar 201099
1 Apr 2008 – 31 Mar 200993
1 Apr 2007 – 31 Mar 200881
1 Apr 2006 – 31 Mar 2007101
1 Apr 2005 – 31 Mar 200694

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
CEOMads Myrup AndersenCurrent
CEOPreben Bang Henriksen
CEOVagner Simonsen Jensen
CEOSøren Tranholm
CEOPreben Frank Nielsen
BoardMads Myrup AndersenCurrent
BoardAnders Colding Lund PetersenCurrent
BoardMikael RubeniusCurrent
BoardMichael HemickeCurrent
BoardVagner Simonsen Jensen
BoardPoul-Erik Biisgaard Christensen
BoardUffe Bro
BoardMogens Kjær Rask Jensen
BoardBent Germann Sørensen
BoardErik Tranholm Andersen
BoardTina Vogt Tranholm
BoardPreben Frank Nielsen
BoardSøren Tranholm
BoardChristian Riise Gregersen
BoardMogens Kjær Rask Jensen
BoardJens Juul Dollerup Sørensen
BoardMogens Kjær Rask Jensen
BoardSøren Torp Laursen
Owner (100%)Koble ApSCurrent
Owner (100%)Preben Frank Nielsen
Owner (50%)PREBEN NIELSEN HOLDING ApS
Owner (50%)Datoselskabet af 19.10.2016 ApS
Owner (67%)PREBEN NIELSEN HOLDING ApS
Owner (25%)M.M. Andersen Holding ApS
Owner (50%)PREBEN NIELSEN HOLDING ApS
Owner (50%)M.M. Andersen Holding ApS
Owner (5%)MIDTFJORD EL A/S
Owner (33%)PREBEN NIELSEN HOLDING ApS
Owner (33%)M.M. Andersen Holding ApS
Owner (5%)M. B. Holding Aars ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorPoul Erik Wagner
AuditorP&H P/S
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Mads Myrup Andersen – 4 other companies

Preben Bang Henriksen – 46 other companies, of which 46 bankrupt

Vagner Simonsen Jensen – 8 other companies, of which 1 bankrupt

Søren Tranholm – 3 other companies

Preben Frank Nielsen – 14 other companies, of which 1 bankrupt

Address history (1 moves)

Limfjordsvej 10, 9670 Løgstør
Limfjordsvej 10, 9670 Løgstør

Former names

MIDTFJORD EL A/S – now
VESTHIMMERLAND & MIDTFJORD EL A/S –
MIDTFJORD EL-TEKNIK A/S –
ASX 9009 ApS –

Employees per year

Number of employees at MIDTFJORD EL A/S per year16322011: 3120112012: 2620122013: 2620132014: 2920142015: 2820152016: 3220162017: 2720172018: 302018

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about MIDTFJORD EL A/S

Has MIDTFJORD EL A/S gone bankrupt?

No, MIDTFJORD EL A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MIDTFJORD EL 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 CEO of MIDTFJORD EL A/S?

Mads Myrup Andersen is the CEO of MIDTFJORD EL A/S.

Who is the auditor of MIDTFJORD EL A/S?

MIDTFJORD EL A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was MIDTFJORD EL A/S founded?

MIDTFJORD EL A/S was founded on 1 August 1985.

What is the equity of MIDTFJORD EL A/S?

Equity was DKK 6.2m 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.