MILLENNIUM ApS

CVR 36076453 · Private limited company (ApS) · Active · Medium risk

MILLENNIUM ApS is a Private limited company (ApS), founded on , based in Korsør. The company is registered in the industry drift af øvrige spisesteder. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 11 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 118k and a net result of DKK -123k.

Bankruptcy risk for MILLENNIUM ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · 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
36076453
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Halsskovvej 24
4220 Korsør
Municipality
Slagelse
Industry
Drift af øvrige spisesteder (561190)
Bankruptcies in the industry: Restauranter
Share capital
DKK 80k
Employees
8 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityNo
Equity ratio42.6%
Current ratio174%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue–DKK 2.8m–
Gross profitDKK 640kDKK 694kDKK 757k
Net profitDKK -123kDKK -26kDKK 18k
EquityDKK 118kDKK 242kDKK 317k
Total assetsDKK 277kDKK 401kDKK 504k
CashDKK 61kDKK 121k–
Short-term debtDKK 159kDKK 160k–
Tax owed–DKK 0–
Avg. employees55–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 202497
1 Jan 2023 – 31 Dec 2023138
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020131
1 Jan 2019 – 31 Dec 2019189 Late
1 Jan 2018 – 31 Dec 201867
1 Jan 2017 – 31 Dec 2017122
1 Jan 2016 – 31 Dec 2016110
30 Aug 2014 – 31 Dec 2015152

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
Owner (100%)Fehmi MutluCurrent
FounderFehmi MutluCurrent

Address history (1 moves)

Halsskovvej 24, 4220 Korsør
Halsskovvej 24, 4220 Korsør

Employees per year

Number of employees at MILLENNIUM ApS per year5102014: 520142015: 620152016: 620162017: 1020172018: 82018

Similar companies in Slagelse

Questions and answers about MILLENNIUM ApS

Has MILLENNIUM ApS gone bankrupt?

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

What is the bankruptcy risk of MILLENNIUM ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

When was MILLENNIUM ApS founded?

MILLENNIUM ApS was founded on 30 August 2014.

What is the equity of MILLENNIUM ApS?

Equity was DKK 118k 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.