Modigliani-Miller ApS

CVR 38273485 · Private limited company (ApS) · Active · Low risk

Modigliani-Miller ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 11.9m and a net result of DKK 1.5m. CEO: Rune Berkowitz Wichmann.

Bankruptcy risk for Modigliani-Miller 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

RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
38273485
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
A N Hansens Alle 14
2900 Hellerup
Municipality
Gentofte
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Employees
1 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio99.4%
Current ratio15,414%
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 year20252024
Gross profitDKK -440kDKK -420k
Net profitDKK 1.5mDKK 965k
EquityDKK 11.9mDKK 11.6m
Total assetsDKK 12.0mDKK 12.0m
CashDKK 10.0m–
Short-term debtDKK 66k–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202583
1 Oct 2023 – 30 Sep 202481
1 Oct 2022 – 30 Sep 202376
1 Oct 2021 – 30 Sep 202212
1 Oct 2020 – 30 Sep 2021133
1 Oct 2019 – 30 Sep 2020149
1 Oct 2018 – 30 Sep 2019154
1 Oct 2017 – 30 Sep 2018152
20 Dec 2016 – 30 Sep 2017151

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
CEORune Berkowitz WichmannCurrent
Owner (100%)Rune Berkowitz WichmannCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderRune Berkowitz WichmannCurrent

The CEOs' other companies

Rune Berkowitz Wichmann – 9 other companies

Address history (0 moves)

A N Hansens Alle 14, 2900 Hellerup

Former names

Modigliani-Miller ApS – now
Rune Wichmann ApS –

Employees per year

Number of employees at Modigliani-Miller ApS per year112017: 120172018: 12018

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Questions and answers about Modigliani-Miller ApS

Has Modigliani-Miller ApS gone bankrupt?

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

What is the bankruptcy risk of Modigliani-Miller 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 Modigliani-Miller ApS?

Rune Berkowitz Wichmann is the CEO of Modigliani-Miller ApS.

Who is the auditor of Modigliani-Miller ApS?

Modigliani-Miller ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Modigliani-Miller ApS founded?

Modigliani-Miller ApS was founded on 20 December 2016.

What is the equity of Modigliani-Miller ApS?

Equity was DKK 11.9m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.