MLY Development ApS

CVR 41611588 · Private limited company (ApS) · Active · Low risk

MLY Development ApS is a Private limited company (ApS), founded on , based in Næstved. The company is registered in the industry anden udlejning af boliger. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 6 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 -771k and a net result of DKK 98k. CEO: Lene Nørgaard Lyngsfeldt.

Bankruptcy risk for MLY Development ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% 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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
41611588
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Niels W Gades Vej 11
4700 Næstved
Municipality
Næstved
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
DM REVISIONSFIRMA AF 1993, REGISTRERET REVISIONSANPARTSSELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-15.1%
Current ratio324%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 193kDKK 204kDKK 140k
Net profitDKK 98kDKK -321kDKK -340k
EquityDKK -771kDKK -869kDKK -548k
Total assetsDKK 5.1mDKK 5.2mDKK 8.3m
CashDKK 385kDKK 133k–
Short-term debtDKK 119kDKK 105k–
Tax owedDKK 29k––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DM REVISIONSFIRMA AF 1993, REGISTRERET REVISIONSANPARTSSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025137
1 Jan 2024 – 31 Dec 2024199 Late
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021180
21 Aug 2020 – 31 Dec 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
CEOLene Nørgaard LyngsfeldtCurrent
CEOMichael Lyngsfeldt
Owner (100%)MLY Holding ApSCurrent
FounderMLY Holding ApSCurrent

The CEOs' other companies

Lene Nørgaard Lyngsfeldt – 2 other companies

Michael Lyngsfeldt – 9 other companies

Address history (1 moves)

Niels W Gades Vej 11, 4700 Næstved
c/o Mikael Lyngsfeldt, Niels W Gades Vej 11, 4700 Næstved

Other companies at the same address

Similar companies in Næstved

Questions and answers about MLY Development ApS

Has MLY Development ApS gone bankrupt?

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

What is the bankruptcy risk of MLY Development ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of MLY Development ApS?

Lene Nørgaard Lyngsfeldt is the CEO of MLY Development ApS.

Who is the auditor of MLY Development ApS?

MLY Development ApS most recently used DM REVISIONSFIRMA AF 1993, REGISTRERET REVISIONSANPARTSSELSKAB.

When was MLY Development ApS founded?

MLY Development ApS was founded on 21 August 2020.

What is the equity of MLY Development ApS?

Equity was DKK -771k 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.