Cordes & Milling Byg ApS

CVR 37669288 · Private limited company (ApS) · Active · Low risk

Cordes & Milling Byg ApS is a Private limited company (ApS), founded on , based in Langeskov. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 372k and a net result of DKK 33k. CEO: Kasper Kirk Cordes, Kristian Mads Milling Pedersen.

Bankruptcy risk for Cordes & Milling Byg ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
37669288
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Rønningevej 55
5550 Langeskov
Municipality
Kerteminde
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
0 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio89.9%
Current ratio184%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 55kDKK 52kDKK 54k
Net profitDKK 33kDKK 29kDKK 25k
EquityDKK 372kDKK 340kDKK 351k
Total assetsDKK 414kDKK 382kDKK 422k
CashDKK 77kDKK 37k–
Short-term debtDKK 42kDKK 42k–
Tax owedDKK 4,166DKK 6,736–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020110
1 Jan 2019 – 31 Dec 201944
1 Jan 2018 – 31 Dec 2018143
1 Jan 2017 – 31 Dec 2017110
4 May 2016 – 31 Dec 201660

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
CEOKasper Kirk CordesCurrent
CEOKristian Mads Milling PedersenCurrent
Owner (50%)Kasper Kirk CordesCurrent
Owner (50%)Kristian Mads Milling PedersenCurrent
FounderKasper Kirk CordesCurrent
FounderKristian Mads Milling PedersenCurrent

The CEOs' other companies

Kasper Kirk Cordes – 4 other companies

Kristian Mads Milling Pedersen – 3 other companies

Address history (1 moves)

Rønningevej 55, 5550 Langeskov
Rønninge Bygade 38F, 5550 Langeskov

Employees per year

Number of employees at Cordes & Milling Byg ApS per year112016: 020162017: 020172018: 02018

Other companies at the same address

Similar companies in Kerteminde

Questions and answers about Cordes & Milling Byg ApS

Has Cordes & Milling Byg ApS gone bankrupt?

No, Cordes & Milling Byg ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Cordes & Milling Byg ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Cordes & Milling Byg ApS?

Kasper Kirk Cordes, Kristian Mads Milling Pedersen are the CEOs of Cordes & Milling Byg ApS.

Who is the auditor of Cordes & Milling Byg ApS?

Cordes & Milling Byg ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Cordes & Milling Byg ApS founded?

Cordes & Milling Byg ApS was founded on 4 May 2016.

What is the equity of Cordes & Milling Byg ApS?

Equity was DKK 372k 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.