MILLENNIUM DESIGN ApS

CVR 30241312 · Private limited company (ApS) · Active · Low risk

MILLENNIUM DESIGN ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry detailhandel med ure og smykker. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 18 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 88k and a net result of DKK -6,759. CEO: Lütfü Çelebi Mertcan.

Bankruptcy risk for MILLENNIUM DESIGN ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
30241312
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Gadestævnet 7
2650 Hvidovre
Municipality
Hvidovre
Industry
Detailhandel med ure og smykker (477700)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 18
Missing annual reportNo
Negative equityNo
Equity ratio34.3%
Current ratio152%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -6,757DKK -13k
Net profitDKK -6,759DKK -13k
EquityDKK 88kDKK 95k
Total assetsDKK 256kDKK 256k
CashDKK 71–
Short-term debtDKK 169k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025176
1 Jul 2023 – 30 Jun 2024171
1 Jul 2022 – 30 Jun 2023168
1 Jul 2021 – 30 Jun 2022189 Late
1 Jul 2020 – 30 Jun 2021145
1 Jul 2019 – 30 Jun 2020129
1 Jul 2018 – 30 Jun 2019149
1 Jul 2017 – 30 Jun 2018152
1 Jul 2016 – 30 Jun 2017136
1 Jul 2015 – 30 Jun 2016186 Late
1 Jul 2014 – 30 Jun 2015188 Late
1 Jul 2013 – 30 Jun 2014172
1 Jul 2012 – 30 Jun 2013174
1 Jul 2011 – 30 Jun 2012178
1 Jul 2010 – 30 Jun 2011171
1 Jul 2009 – 30 Jun 2010172
1 Jul 2008 – 30 Jun 2009156
19 Jan 2007 – 30 Jun 2008171

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
CEOLütfü Çelebi MertcanCurrent
CEOMorten Rolighed Nielsen
Owner (100%)Lütfü Çelebi MertcanCurrent
AuditorBIRGER OUTZEN JEPPESEN INVEST ApS
AuditorREVISIONSFIRMAET NIELS OLE ELLEGAARD ApS
FounderLütfü Çelebi MertcanCurrent
FounderMorten Rolighed NielsenCurrent

The CEOs' other companies

Morten Rolighed Nielsen – 2 other companies

Address history (3 moves)

Gadestævnet 7, 2650 Hvidovre
Gadestævnet 7, 2650 Hvidovre
c/o Morten Nielsen, Elverhøj 26, 3300 Frederiksværk
c/o Morten Nielsen, Skærgårdsparken 34, 8250 Egå

Similar companies in Hvidovre

Questions and answers about MILLENNIUM DESIGN ApS

Has MILLENNIUM DESIGN ApS gone bankrupt?

No, MILLENNIUM DESIGN ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MILLENNIUM DESIGN ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MILLENNIUM DESIGN ApS?

Lütfü Çelebi Mertcan is the CEO of MILLENNIUM DESIGN ApS.

When was MILLENNIUM DESIGN ApS founded?

MILLENNIUM DESIGN ApS was founded on 19 January 2007.

What is the equity of MILLENNIUM DESIGN ApS?

Equity was DKK 88k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.