MILLFIELD ENERGY CONVERTERS ApS

CVR 36055642 · Private limited company (ApS) · Active · Low risk

MILLFIELD ENERGY CONVERTERS ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 11 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Oct 2025) shows equity of DKK -703k and a net result of DKK -12k. CEO: Michael Mølhede Loving.

Bankruptcy risk for MILLFIELD ENERGY CONVERTERS ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% 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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×

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
36055642
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Kongensvej 2, st. th
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721000)
Bankruptcies in the industry: Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-281.5%
Current ratio26%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -8,474DKK -17k
Net profitDKK -12kDKK -76k
EquityDKK -703kDKK -691k
Total assetsDKK 250kDKK 12k
CashDKK 4,174–
Short-term debtDKK 953k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 2025189 Late
1 Nov 2023 – 31 Oct 2024187 Late
1 Nov 2022 – 31 Oct 2023182
1 Nov 2021 – 31 Oct 2022151
1 Nov 2020 – 31 Oct 2021151
1 Nov 2019 – 31 Oct 2020157
1 Nov 2018 – 31 Oct 2019155
1 Nov 2017 – 31 Oct 2018161
1 Nov 2016 – 31 Oct 2017157
1 Nov 2015 – 31 Oct 2016113
20 Jul 2014 – 31 Oct 2015236 Late

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 Mølhede LovingCurrent
CEOMichael Mølhede Loving
CEOMogens Mølhede Pedersen
CEOMogens Mølhede Pedersen
Owner (50%)MILLFIELD HOLDING ApSCurrent
Owner (25%)CHRIMO HOLDING ApSCurrent
Owner (20%)MOGUN HOLDING IVS
Owner (25%)CHRIMO HOLDING ApS
Owner (20%)CHRIMO HOLDING ApS
FounderMILLFIELD HOLDING ApSCurrent
FounderMOGUN HOLDING IVSCurrent
FounderCHRIMO HOLDING ApSCurrent

The CEOs' other companies

Michael Mølhede Loving – 2 other companies

Mogens Mølhede Pedersen – 2 other companies

Address history (0 moves)

Kongensvej 2, st. th, 2000 Frederiksberg

Former names

MILLFIELD ENERGY CONVERTERS ApS – now
MILLFIELD ENERGY CONVERTERS IVS –

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about MILLFIELD ENERGY CONVERTERS ApS

Has MILLFIELD ENERGY CONVERTERS ApS gone bankrupt?

No, MILLFIELD ENERGY CONVERTERS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MILLFIELD ENERGY CONVERTERS ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MILLFIELD ENERGY CONVERTERS ApS?

Michael Mølhede Loving is the CEO of MILLFIELD ENERGY CONVERTERS ApS.

When was MILLFIELD ENERGY CONVERTERS ApS founded?

MILLFIELD ENERGY CONVERTERS ApS was founded on 20 July 2014.

What is the equity of MILLFIELD ENERGY CONVERTERS ApS?

Equity was DKK -703k according to the annual report for the period ending 31 October 2025.

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