Mi Ka Development ApS

CVR 36992484 · Private limited company (ApS) · Active · Low risk

Mi Ka Development ApS is a Private limited company (ApS), founded on , based in Ringsted. The company is registered in the industry anden udlejning af boliger. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 10 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 9.6m and a net result of DKK -572k. CEO: Michael Lerner, Karsten Elfving.

Bankruptcy risk for Mi Ka Development ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
36992484
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Karsten Elfving, Jyllandsgade 14B
4100 Ringsted
Municipality
Ringsted
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Employees
0 (2016)
Auditor
Sønderup Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityNo
Equity ratio69.3%
Current ratio63%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 454kDKK 830kDKK 324k
Net profitDKK -572kDKK 123kDKK 70k
EquityDKK 9.6mDKK 10.2mDKK 10.1m
Total assetsDKK 13.9mDKK 14.9mDKK 14.9m
CashDKK 2.5mDKK 84–
Short-term debtDKK 4.1mDKK 4.3m–
Avg. employees01–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024160
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019254 Late
1 Jan 2018 – 31 Dec 2018163
1 Jan 2017 – 31 Dec 2017165
20 Aug 2015 – 31 Dec 2016153

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 LernerCurrent
CEOKarsten ElfvingCurrent
Owner (50%)LERNER HOLDING ApSCurrent
Owner (50%)Kang Holding ApSCurrent
FounderLERNER HOLDING ApSCurrent
FounderKang Holding ApSCurrent

The CEOs' other companies

Michael Lerner – 6 other companies, of which 1 bankrupt

Karsten Elfving – 2 other companies

Address history (0 moves)

c/o Karsten Elfving, Jyllandsgade 14B, 4100 Ringsted

Employees per year

Number of employees at Mi Ka Development ApS per year112016: 02016

Other companies at the same address

Similar companies in Ringsted

Questions and answers about Mi Ka Development ApS

Has Mi Ka Development ApS gone bankrupt?

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

What is the bankruptcy risk of Mi Ka Development ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Mi Ka Development ApS?

Michael Lerner, Karsten Elfving are the CEOs of Mi Ka Development ApS.

Who is the auditor of Mi Ka Development ApS?

Mi Ka Development ApS most recently used Sønderup Godkendt Revisionsaktieselskab.

When was Mi Ka Development ApS founded?

Mi Ka Development ApS was founded on 20 August 2015.

What is the equity of Mi Ka Development ApS?

Equity was DKK 9.6m 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.