MICHAEL BILLE HOLDING ApS

CVR 33373503 · Private limited company (ApS) · Active · Medium risk

MICHAEL BILLE HOLDING ApS is a Private limited company (ApS), founded on , based in Bagsværd. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 15 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 -142k and a net result of DKK -24k. CEO: Michael Knud Bille Nielsen.

Bankruptcy risk for MICHAEL BILLE HOLDING ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
33373503
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
Grævlingestien 2, 1.
2880 Bagsværd
Municipality
Gladsaxe
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
Aaen &amp; Co. statsautoriserede revisorer p/s
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 15
Missing annual reportNo
Negative equityYes
Equity ratio-75.8%
Current ratio27%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -20kDKK -9,375DKK 0
Net profitDKK -24kDKK -12kDKK -1,004
EquityDKK -142kDKK -118kDKK -107k
Total assetsDKK 188kDKK 100kDKK 106k
CashDKK 109DKK 110–
Short-term debtDKK 330kDKK 219k–
Tax owedDKK 76k––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Aaen &amp; Co. statsautoriserede revisorer p/s.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019248 Late
1 Jan 2018 – 31 Dec 2018209 Late
1 Jan 2017 – 31 Dec 2017172
1 Jan 2016 – 31 Dec 201694
1 Jan 2015 – 31 Dec 2015172
1 Jan 2014 – 31 Dec 2014183
1 Jan 2013 – 31 Dec 2013171
1 Jan 2012 – 31 Dec 2012154
9 Dec 2010 – 31 Dec 2011102

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
CEOMichael Knud Bille NielsenCurrent
Owner (100%)Michael Knud Bille NielsenCurrent
AuditorDin Revisor Lyngby A/S Godkendte Revisorer
FounderMichael Knud Bille NielsenCurrent

The CEOs' other companies

Michael Knud Bille Nielsen – 3 other companies, of which 1 bankrupt

Address history (0 moves)

Grævlingestien 2, 1., 2880 Bagsværd

Similar companies in Gladsaxe

Questions and answers about MICHAEL BILLE HOLDING ApS

Has MICHAEL BILLE HOLDING ApS gone bankrupt?

No, MICHAEL BILLE HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MICHAEL BILLE HOLDING ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of MICHAEL BILLE HOLDING ApS?

Michael Knud Bille Nielsen is the CEO of MICHAEL BILLE HOLDING ApS.

Who is the auditor of MICHAEL BILLE HOLDING ApS?

MICHAEL BILLE HOLDING ApS most recently used Aaen &amp; Co. statsautoriserede revisorer p/s.

When was MICHAEL BILLE HOLDING ApS founded?

MICHAEL BILLE HOLDING ApS was founded on 9 December 2010.

What is the equity of MICHAEL BILLE HOLDING ApS?

Equity was DKK -142k 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.