MHL Capital ApS

CVR 40213570 · Private limited company (ApS) · Active · Low risk

MHL Capital ApS is a Private limited company (ApS), founded on , based in Hillerød. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 7 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 18k and a net result of DKK -2,500. CEO: Illunga Mahula.

Bankruptcy risk for MHL Capital ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
40213570
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Klostervej 28, st. tv
3400 Hillerød
Municipality
Hillerød
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 41k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio44.4%
Current ratio–
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -2,500DKK -2,500DKK -2,500
Net profitDKK -2,500DKK -2,500DKK -2,500
EquityDKK 18kDKK 21kDKK 23k
Total assetsDKK 41kDKK 41kDKK 41k
Short-term debtDKK 23kDKK 20k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020173
29 Jan 2019 – 31 Dec 2019240 Late

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
CEOIllunga MahulaCurrent
CEOIllunga Mahula
CEOJulienne Babaka
Owner (20%)Julienne BabakaCurrent
Owner (67%)Illunga MahulaCurrent
Owner (67%)Illunga Mahula
Owner (25%)Julienne Babaka
Owner (67%)Franz Chinekezi Igwebuike
FounderIllunga MahulaCurrent

The CEOs' other companies

Illunga Mahula – 1 other companies

Julienne Babaka – 1 other companies

Address history (1 moves)

Klostervej 28, st. tv, 3400 Hillerød
Klostervej 28, st. tv, 3400 Hillerød

Former names

MHL Capital ApS – now
MHL Capital IVS –

Other companies at the same address

Similar companies in Hillerød

Questions and answers about MHL Capital ApS

Has MHL Capital ApS gone bankrupt?

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

What is the bankruptcy risk of MHL Capital ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of MHL Capital ApS?

Illunga Mahula is the CEO of MHL Capital ApS.

When was MHL Capital ApS founded?

MHL Capital ApS was founded on 29 January 2019.

What is the equity of MHL Capital ApS?

Equity was DKK 18k 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.