MILLARCO INTERNATIONAL A/S

CVR 10280087 · Public limited company (A/S) · Active · Low risk

MILLARCO INTERNATIONAL A/S is a Public limited company (A/S), founded on , based in Lystrup. The company is registered in the industry ikke-specialiseret engroshandel. 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 70.2m and a net result of DKK 16.8m. CEO: Lars Christian Bærentsen.

Bankruptcy risk for MILLARCO INTERNATIONAL 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

No significant risk factors.

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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
10280087
Status
Active
Company type
Public limited company (A/S)
Founded
(40 years)
Address
Rokhøj 26
8520 Lystrup
Municipality
Aarhus
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 5.0m
Employees
42 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityNo
Equity ratio31.4%
Current ratio144%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 71.3mDKK 56.5m
Net profitDKK 16.8mDKK 7.0m
EquityDKK 70.2mDKK 61.8m
Total assetsDKK 223.7mDKK 196.3m
CashDKK 2.5m–
Short-term debtDKK 151.8m–
Avg. employees92–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202554
1 Jan 2024 – 31 Dec 202469
1 Jan 2023 – 31 Dec 202347
1 Jan 2022 – 31 Dec 202247
1 Jan 2021 – 31 Dec 202180
1 Jan 2020 – 31 Dec 202047
1 Jan 2019 – 31 Dec 201973
1 Jan 2018 – 31 Dec 201885
1 Jan 2017 – 31 Dec 201785
1 Jan 2016 – 31 Dec 201666
1 Jan 2015 – 31 Dec 201562
1 Jan 2014 – 31 Dec 201471
1 Jan 2013 – 31 Dec 201366
1 Jan 2012 – 31 Dec 201283
1 Jan 2011 – 31 Dec 201187
1 Jan 2010 – 31 Dec 2010117
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008105
1 Jan 2007 – 31 Dec 200773
1 Jan 2006 – 31 Dec 200670

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
CEOLars Christian BærentsenCurrent
CEOJens Michael Sangill Mikkelsen
CEOBerent Christian Bærentsen
BoardLars Christian BærentsenCurrent
BoardFlemming Holst Østergaard PedersenCurrent
BoardJan Godballe BørjessonCurrent
BoardAllan Malmos JeppesenCurrent
BoardCarsten EbdrupCurrent
BoardJan Ravn KristoffersenCurrent
BoardAllan Richard BoutrupCurrent
BoardJens Michael Sangill Mikkelsen
BoardBerent Christian Bærentsen
BoardElsa Udengaard Bærentsen
BoardJette Romby Mikkelsen
BoardUlla Bærentsen
BoardLars Kjær
BoardKjeld Ove Johnsen
BoardCarl Erik Skovgaard
BoardPeter Bøgild
Owner (67%)MILLARCO HOLDING A/SCurrent
Owner (10%)ACE-HOLDING ApSCurrent
Owner (5%)JANKRI Holding ApSCurrent
Owner (5%)Nordic Piece ApSCurrent
Owner (90%)MILLARCO HOLDING A/S
Owner (5%)ACE-HOLDING ApS
Owner (33%)MILLARCO HOLDING A/S
Owner (5%)JANKRI Holding ApS
Owner (50%)LBJK Holding ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorSten Svarte Poulsen
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorHenrik Vedel
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderA/S PSE NR. 1285Current

The CEOs' other companies

Lars Christian Bærentsen – 16 other companies

Jens Michael Sangill Mikkelsen – 13 other companies, of which 4 bankrupt

Berent Christian Bærentsen – 8 other companies

Address history (1 moves)

Rokhøj 26, 8520 Lystrup
Rokhøj 26, 8520 Lystrup

Former names

MILLARCO INTERNATIONAL A/S – now
MILLARCO INVEST ApS –
MILACO INVEST ApS –

Employees per year

Number of employees at MILLARCO INTERNATIONAL A/S per year21422011: 3420112012: 3020122013: 3120132014: 3320142015: 3320152016: 3320162017: 3820172018: 422018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about MILLARCO INTERNATIONAL A/S

Has MILLARCO INTERNATIONAL A/S gone bankrupt?

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

What is the bankruptcy risk of MILLARCO INTERNATIONAL 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 MILLARCO INTERNATIONAL A/S?

Lars Christian Bærentsen is the CEO of MILLARCO INTERNATIONAL A/S.

Who is the auditor of MILLARCO INTERNATIONAL A/S?

MILLARCO INTERNATIONAL A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was MILLARCO INTERNATIONAL A/S founded?

MILLARCO INTERNATIONAL A/S was founded on 10 May 1986.

What is the equity of MILLARCO INTERNATIONAL A/S?

Equity was DKK 70.2m 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.