Milli Holding ApS

CVR 39212390 · Private limited company (ApS) · Active · High risk

Milli Holding ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 8 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 -103k and a net result of DKK -22k. CEO: Michael Nielsen.

Bankruptcy risk for Milli Holding ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Industry changes1 · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×

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
39212390
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Vesterbrogade 46, 2. tv
1620 København V
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
1 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-21.5%
Current ratio215%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -15k–
Net profitDKK -22k–
EquityDKK -103k–
Total assetsDKK 478k–
CashDKK 0–
Short-term debtDKK 181k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025162
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022201 Late
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019245 Late
22 Dec 2017 – 31 Dec 2018175

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 NielsenCurrent
CEOMorten Munk Marcussen
Owner (100%)Michael NielsenCurrent
Owner (33%)PMG GROUP A/S
FounderPMG GROUP A/SCurrent

The CEOs' other companies

Michael Nielsen – 2 other companies

Morten Munk Marcussen – 16 other companies, of which 2 bankrupt

Address history (4 moves)

Vesterbrogade 46, 2. tv, 1620 København V
Vesterbrogade 14A, 3. th, 1620 København V
Holger Danskes Vej 94, 4. tv, 2000 Frederiksberg
Frederiksberg Alle 62, 4. th, 1820 Frederiksberg C
c/o Power Media Group ApS, Nørre Voldgade 11, kl. 1, 1358 København K

Former names

Milli Holding ApS – now
DPO Danmark ApS –

Employees per year

Number of employees at Milli Holding ApS per year112018: 12018

Other companies at the same address

Similar companies in København

Questions and answers about Milli Holding ApS

Has Milli Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Milli Holding ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of Milli Holding ApS?

Michael Nielsen is the CEO of Milli Holding ApS.

Who is the auditor of Milli Holding ApS?

Milli Holding ApS most recently used Beierholm.

When was Milli Holding ApS founded?

Milli Holding ApS was founded on 22 December 2017.

What is the equity of Milli Holding ApS?

Equity was DKK -103k 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.