MITII DEVELOPMENT A/S

CVR 32570003 · Public limited company (A/S) · Active · High risk

MITII DEVELOPMENT A/S is a Public limited company (A/S), founded on , based in Aalborg SV. The company is registered in the industry andre it- og computerserviceaktiviteter. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 16 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 102k and a net result of DKK 54k.

Bankruptcy risk for MITII DEVELOPMENT A/S

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
32570003
Status
Active
Company type
Public limited company (A/S)
Founded
(17 years)
Address
Thorndahlsvej 3
9200 Aalborg SV
Municipality
Aalborg
Industry
Andre IT- og computerserviceaktiviteter (629000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 400k
Employees
8 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 16
Missing annual reportNo
Negative equityNo
Equity ratio12.2%
Current ratio114%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address23
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 69kDKK 122kDKK -238k
Net profitDKK 54kDKK 98kDKK -197k
EquityDKK 102kDKK 48kDKK -50k
Total assetsDKK 837kDKK 843kDKK 949k
CashDKK 15kDKK 996–
Short-term debtDKK 735kDKK 795k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 201892
1 Jan 2017 – 31 Dec 201780
1 Jan 2016 – 31 Dec 201679
1 Jan 2015 – 31 Dec 201589
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 201385
1 Jan 2012 – 31 Dec 2012150
1 Jan 2011 – 31 Dec 2011145
28 Oct 2009 – 31 Dec 2010158

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
CEOCarl Erik Jørgensen
CEOPeter Thorbjørn Berengar
BoardMorten Kristian HauglandCurrent
BoardChristian Peter ChristiansenCurrent
BoardBente Brobæk ChristiansenCurrent
BoardNiels Jesper Jespersen Jensen
BoardNick Kirkland Elsass
BoardSteen Palle Petersen
BoardPeder Esben Bilde
BoardCarl Erik Jørgensen
BoardHans Mogens Skytte Pedersen
BoardPeter Lindegaard
BoardAlexander Patrick Elsass
BoardThomas Markert
Owner (100%)Medodan Consulting ApSCurrent
Owner (100%)FONDEN FOR HELENE ELSASS CENTERET
Owner (100%)Elsass Fonden
Owner (100%)Nordic-Neurostim ApS
Owner (100%)Medodan ApS
AuditorEY Godkendt Revisionspartnerselskab
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderNOVI INNOVATION A/SCurrent
FounderFONDEN FOR HELENE ELSASS CENTERETCurrent
FounderStyrelsen for Forskning og UddannelseCurrent

The CEOs' other companies

Carl Erik Jørgensen – 37 other companies, of which 8 bankrupt

Peter Thorbjørn Berengar – 1 other companies

Address history (2 moves)

Thorndahlsvej 3, 9200 Aalborg SV
Agern Alle 3, 2970 Hørsholm
Holmegårdsvej 28, 2920 Charlottenlund

Employees per year

Number of employees at MITII DEVELOPMENT A/S per year592011: 120112012: 220122013: 220132014: 320142015: 220152016: 520162017: 920172018: 82018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about MITII DEVELOPMENT A/S

Has MITII DEVELOPMENT A/S gone bankrupt?

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

What is the bankruptcy risk of MITII DEVELOPMENT A/S?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

When was MITII DEVELOPMENT A/S founded?

MITII DEVELOPMENT A/S was founded on 28 October 2009.

What is the equity of MITII DEVELOPMENT A/S?

Equity was DKK 102k 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.