KSM BILER ApS

CVR 32075991 · Private limited company (ApS) · Active · Low risk

KSM BILER ApS is a Private limited company (ApS), founded on , based in Nakskov. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 17 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -2.3m and a net result of DKK -366k. CEO: Karsten Schultz Milkowski.

Bankruptcy risk for KSM BILER 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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
32075991
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Langøvej 23
4900 Nakskov
Municipality
Lolland
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 125k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 17
Missing annual reportNo
Negative equityYes
Equity ratio-1,284.9%
Current ratio3%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -234kDKK 428kDKK -391k
Net profitDKK -366kDKK 291kDKK -484k
EquityDKK -2.3mDKK -2.0mDKK -2.3m
Total assetsDKK 182kDKK 367kDKK 351k
CashDKK 21kDKK 0–
Short-term debtDKK 2.5mDKK 2.3m–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023194 Late
1 Jan 2022 – 31 Dec 2022159
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 2019189 Late
1 Jan 2018 – 31 Dec 201874
1 Jan 2017 – 31 Dec 2017108
1 Jan 2016 – 31 Dec 2016138
1 Jan 2015 – 31 Dec 2015133
1 Jan 2014 – 31 Dec 2014141
1 Jan 2013 – 31 Dec 2013140
1 Jan 2012 – 31 Dec 2012154
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010156
10 Mar 2009 – 31 Dec 2009160

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
CEOKarsten Schultz MilkowskiCurrent
Owner (100%)EJENDOMSSELSKABET TSM ApSCurrent
Owner (100%)Karsten Schultz Milkowski
AuditorAC Revision v/Anders Christiansen
AuditorAC REVISION - REGISTRERET REVISIONSANPARTSSELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderEJENDOMSSELSKABET TSM ApSCurrent

The CEOs' other companies

Karsten Schultz Milkowski – 1 other companies

Address history (0 moves)

Langøvej 23, 4900 Nakskov

Other companies at the same address

Similar companies in Lolland

Questions and answers about KSM BILER ApS

Has KSM BILER ApS gone bankrupt?

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

What is the bankruptcy risk of KSM BILER 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 KSM BILER ApS?

Karsten Schultz Milkowski is the CEO of KSM BILER ApS.

Who is the auditor of KSM BILER ApS?

KSM BILER ApS most recently used Beierholm.

When was KSM BILER ApS founded?

KSM BILER ApS was founded on 10 March 2009.

What is the equity of KSM BILER ApS?

Equity was DKK -2.3m 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.