Millfield Technology ApS

CVR 37844543 · Private limited company (ApS) · Active · Medium risk

Millfield Technology 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 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Oct 2025) shows equity of DKK -965k and a net result of DKK -230k.

Bankruptcy risk for Millfield Technology ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Capital changes3+ · bankruptcy rate 6.2%0.70×

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
37844543
Status
Active
Company type
Private limited company (ApS)
Founded
(10 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 51k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-1,262.2%
Current ratio7%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -220kDKK -314kDKK -414k
Net profitDKK -230kDKK -837kDKK -337k
EquityDKK -965kDKK -735kDKK 102k
Total assetsDKK 76kDKK 112kDKK 808k
CashDKK 8,477DKK 24k–
Short-term debtDKK 1.0mDKK 601k–
Avg. employees11–

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 2024183
1 Nov 2022 – 31 Oct 2023182
1 Nov 2021 – 31 Oct 2022151
1 Nov 2020 – 31 Oct 2021151
1 Nov 2019 – 31 Oct 2020160
1 Nov 2018 – 31 Oct 2019155
1 Nov 2017 – 31 Oct 2018161
1 Jul 2016 – 31 Oct 2017157

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
BoardMichael Mølhede LovingCurrent
BoardPer RielandCurrent
BoardKristoffer Nilaus TarpCurrent
BoardMichael Mølhede Loving
BoardMogens Mølhede Pedersen
BoardBurhan Genc
BoardMajbrit Høyer
BoardJan Nielsen
BoardHelle Lykke Fuglevig
BoardPer Rieland
BoardPer Rieland
BoardChristina Mølhede Pedersen
BoardTenna Skaaning
Owner (10%)GENC ApSCurrent
Owner (50%)MILLFIELD ENERGY CONVERTERS ApSCurrent
Owner (5%)Entrepreneur Hub Capital ApSCurrent
Owner (25%)Millfield Investors 1 ApSCurrent
Owner (100%)MILLFIELD ENERGY CONVERTERS ApS
Owner (5%)Entrepreneur Hub Capital ApS
Owner (20%)Millfield Investors 1 ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
FounderMILLFIELD ENERGY CONVERTERS ApSCurrent

Address history (0 moves)

Kongensvej 2, st. th, 2000 Frederiksberg

Former names

Millfield Technology ApS – now
Millfield Technology IVS –

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Millfield Technology ApS

Has Millfield Technology ApS gone bankrupt?

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

What is the bankruptcy risk of Millfield Technology ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

When was Millfield Technology ApS founded?

Millfield Technology ApS was founded on 1 July 2016.

What is the equity of Millfield Technology ApS?

Equity was DKK -965k 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.