Miles Group ApS

CVR 37467340 · Private limited company (ApS) · Active · Low risk

Miles Group ApS is a Private limited company (ApS), founded on , based in Ballerup. The company is registered in the industry anden bygningsfærdiggørelse. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 10 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 3.2m and a net result of DKK 78k. CEO: Selim Yigit.

Bankruptcy risk for Miles Group ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×
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×
Employees (latest year)2–5 · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Equity ratio40%–60% · 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
37467340
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Yderholmen 6
2750 Ballerup
Municipality
Ballerup
Industry
Anden bygningsfærdiggørelse (433500)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
3 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityNo
Equity ratio57.7%
Current ratio179%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 8.8mDKK 4.4m
Net profitDKK 78kDKK -272k
EquityDKK 3.2mDKK 3.2m
Total assetsDKK 5.6mDKK 4.0m
CashDKK 1.3m–
Short-term debtDKK 2.3m–
Avg. employees18–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021183
1 Jan 2020 – 31 Dec 2020133
1 Jan 2019 – 31 Dec 2019188 Late
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017149
17 Feb 2016 – 31 Dec 2016143

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
CEOSelim YigitCurrent
Owner (100%)Selim YigitCurrent
FounderSelim YigitCurrent

The CEOs' other companies

Selim Yigit – 1 other companies, of which 1 bankrupt

Address history (2 moves)

Yderholmen 6, 2750 Ballerup
Brøndby Nord Vej 165, 1. tv, 2605 Brøndby
Nykær 63, 8. th, 2605 Brøndby

Employees per year

Number of employees at Miles Group ApS per year232016: 120162017: 120172018: 32018

Other companies at the same address

Similar companies in Ballerup

Questions and answers about Miles Group ApS

Has Miles Group ApS gone bankrupt?

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

What is the bankruptcy risk of Miles Group ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Miles Group ApS?

Selim Yigit is the CEO of Miles Group ApS.

When was Miles Group ApS founded?

Miles Group ApS was founded on 17 February 2016.

What is the equity of Miles Group ApS?

Equity was DKK 3.2m 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.