M & C PADE A/S

CVR 89549817 · Public limited company (A/S) · Active · Low risk

M & C PADE A/S is a Public limited company (A/S), founded on , based in Helsinge. The company is registered in the industry ikke-finansielle holdingselskaber. 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 6.4m and a net result of DKK 881k. CEO: Carsten Pade.

Bankruptcy risk for M & C PADE 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

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · 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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
89549817
Status
Active
Company type
Public limited company (A/S)
Founded
(47 years)
Address
Bakkevej 40
3200 Helsinge
Municipality
Gribskov
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 450k
Employees
4 (2018)
Auditor
Aaen & Co. statsautoriserede revisorer p/s
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 30
Missing annual reportNo
Negative equityNo
Equity ratio96.7%
Current ratio3,008%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies3
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -43kDKK -27k
Net profitDKK 881kDKK 441k
EquityDKK 6.4mDKK 6.2m
Total assetsDKK 6.6mDKK 6.3m
CashDKK 1,802–
Short-term debtDKK 219k–
Tax owedDKK 197k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Aaen & Co. statsautoriserede revisorer p/s.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202561
1 Jan 2024 – 31 Dec 202490
1 Jan 2023 – 31 Dec 2023122
1 Jan 2022 – 31 Dec 2022124
1 Jan 2021 – 31 Dec 2021102
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 201937
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017137
1 Jan 2016 – 31 Dec 2016143
1 Jan 2015 – 31 Dec 2015154
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013112
1 Jan 2012 – 31 Dec 2012149
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010173
1 Jan 2009 – 31 Dec 2009195 Late
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007154
1 Jan 2006 – 31 Dec 2006156

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
CEOCarsten PadeCurrent
CEOMerete Pade
BoardFlemming PadeCurrent
BoardMerete PadeCurrent
BoardCarsten PadeCurrent
BoardNiels Engelbrekt Saucant
BoardUlla Pade
BoardMarianne Bundgaard
BoardSteen Thomas Pade
Owner (5%)Flemming PadeCurrent
Owner (33%)Carsten PadeCurrent
Owner (33%)Merete PadeCurrent
Owner (10%)M & C PADE A/SCurrent
Owner (10%)Ulla Pade
AuditorEY Danmark A/S
AuditorREVISORERNE I HILLERØD A/S
AuditorRegnskabskonsulent Keld Rasmussen
AuditorRådhus Alle 13 udlejning, Egedal-Revision, RL Revision
AuditorAAEN & CO. STATSAUTORISEREDE REVISORER P/S

The CEOs' other companies

Carsten Pade – 9 other companies, of which 4 bankrupt

Merete Pade – 1 other companies

Address history (2 moves)

Bakkevej 40, 3200 Helsinge
A C Hansensvej 10, 3600 Frederikssund
A C Hansensvej 10, 3600 Frederikssund

Employees per year

Number of employees at M & C PADE A/S per year482011: 620112012: 620122013: 720132014: 820142015: 720152016: 520162017: 620172018: 42018

Similar companies in Gribskov

Questions and answers about M & C PADE A/S

Has M & C PADE A/S gone bankrupt?

No, M & C PADE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of M & C PADE 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 M & C PADE A/S?

Carsten Pade is the CEO of M & C PADE A/S.

Who is the auditor of M & C PADE A/S?

M & C PADE A/S most recently used Aaen & Co. statsautoriserede revisorer p/s.

When was M & C PADE A/S founded?

M & C PADE A/S was founded on 11 January 1979.

What is the equity of M & C PADE A/S?

Equity was DKK 6.4m 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.