Mille-Kunst ApS

CVR 41337931 · Private limited company (ApS) · Active · Low risk

Mille-Kunst ApS is a Private limited company (ApS), founded on , based in Randers NV. The company is registered in the industry fremstilling af bijouteri og lignende varer. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Oct 2025) shows equity of DKK 95k and a net result of DKK -19k. CEO: Joan Elsberg.

Bankruptcy risk for Mille-Kunst 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
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
41337931
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Markskellet 28
8920 Randers NV
Municipality
Randers
Industry
Fremstilling af bijouteri og lignende varer (321300)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 43k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 26kDKK 40k–
Gross profitDKK 6,027DKK -14kDKK 1,326
Net profitDKK -19kDKK -13kDKK -4,766
EquityDKK 95kDKK 80kDKK 64k
Total assetsDKK 95kDKK 80kDKK 64k
CashDKK 2,555––
Short-term debtDKK 0DKK 0–
Tax owedDKK 0DKK 0–
Avg. employees–1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 2025149
1 Nov 2023 – 31 Oct 2024143
1 Nov 2022 – 31 Oct 2023180
1 Nov 2021 – 31 Oct 2022152
1 Nov 2020 – 31 Oct 2021153
28 Apr 2020 – 31 Oct 2020152

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
CEOJoan ElsbergCurrent
Owner (100%)Joan ElsbergCurrent
FounderJoan ElsbergCurrent

The CEOs' other companies

Joan Elsberg – 4 other companies, of which 2 bankrupt

Address history (0 moves)

Markskellet 28, 8920 Randers NV

Other companies at the same address

Questions and answers about Mille-Kunst ApS

Has Mille-Kunst ApS gone bankrupt?

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

What is the bankruptcy risk of Mille-Kunst 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 Mille-Kunst ApS?

Joan Elsberg is the CEO of Mille-Kunst ApS.

When was Mille-Kunst ApS founded?

Mille-Kunst ApS was founded on 28 April 2020.

What is the equity of Mille-Kunst ApS?

Equity was DKK 95k 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.