MIL-TEK BALERS A/S

CVR 15767340 · Public limited company (A/S) · Active · Low risk

MIL-TEK BALERS A/S is a Public limited company (A/S), founded on , based in Ulfborg. The company is registered in the industry anden finansiel formidling i.a.n.. 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 752k and a net result of DKK 50k. CEO: Kristian Skannerup.

Bankruptcy risk for MIL-TEK BALERS A/S

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

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
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
15767340
Status
Active
Company type
Public limited company (A/S)
Founded
(34 years)
Address
Torstedvej 6
6990 Ulfborg
Municipality
Holstebro
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityNo
Equity ratio97.3%
Current ratio3,285%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 56kDKK 0DKK 0
Net profitDKK 50kDKK 6,855DKK 6,160
EquityDKK 752kDKK 702kDKK 695k
Total assetsDKK 773kDKK 711kDKK 702k
CashDKK 155kDKK 111k–
Short-term debtDKK 10kDKK 8,671–
Tax owedDKK 3,586DKK 1,933–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025132
1 Jan 2024 – 31 Dec 2024132
1 Jan 2023 – 31 Dec 2023120
1 Jan 2022 – 31 Dec 2022131
1 Jan 2021 – 31 Dec 2021111
1 Jan 2020 – 31 Dec 202055
1 Jan 2019 – 31 Dec 2019147
1 Jan 2018 – 31 Dec 2018142
1 Jan 2017 – 31 Dec 2017121
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 2015125
1 Jan 2014 – 31 Dec 2014120
1 Jan 2013 – 31 Dec 2013130
1 Jan 2012 – 31 Dec 2012144
1 Jan 2011 – 31 Dec 2011130
1 Jan 2010 – 31 Dec 2010149
1 Jan 2009 – 31 Dec 2009150
1 Jan 2008 – 31 Dec 2008168
1 Jan 2007 – 31 Dec 2007164
1 Jan 2006 – 31 Dec 2006149

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
CEOKristian SkannerupCurrent
CEOVilly Husted Pedersen
BoardKristian SkannerupCurrent
BoardJesper SkannerupCurrent
BoardMads Møller SkannerupCurrent
BoardVilly Husted Pedersen
BoardPoul Erik Husted Pedersen
BoardMona Møller Skannerup
BoardJesper Skannerup
Owner (100%)SKANNERUP HOLDING ApSCurrent
AuditorAFVIKLINGSSELSKABET AF 10/5 2000 A/S
AuditorPer Dam
AuditorAFVIKLINGSSELSKABET AF 10/5 2000 A/S
AuditorDamgaard & Enevoldsen A/S
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderVilly Husted PedersenCurrent
FounderKristian SkannerupCurrent
FounderPoul Erik Husted PedersenCurrent

The CEOs' other companies

Kristian Skannerup – 13 other companies, of which 1 bankrupt

Address history (3 moves)

Torstedvej 6, 6990 Ulfborg
Rejkjærvej 2, 6990 Ulfborg
Rejkjærvej 2, 6990 Ulfborg
Høbrovej 5, 6980 Tim

Former names

MIL-TEK BALERS A/S – now
MILTEK BALERS A/S –
MIL-TEK. DANMARK A/S –
V. H. P. INVEST A/S –

Other companies at the same address

Similar companies in Holstebro

Questions and answers about MIL-TEK BALERS A/S

Has MIL-TEK BALERS A/S gone bankrupt?

No, MIL-TEK BALERS A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MIL-TEK BALERS 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 MIL-TEK BALERS A/S?

Kristian Skannerup is the CEO of MIL-TEK BALERS A/S.

Who is the auditor of MIL-TEK BALERS A/S?

MIL-TEK BALERS A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MIL-TEK BALERS A/S founded?

MIL-TEK BALERS A/S was founded on 29 November 1991.

What is the equity of MIL-TEK BALERS A/S?

Equity was DKK 752k 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.