Business Drive ApS

CVR 42227706 · Private limited company (ApS) · Active · Very high risk

Business Drive ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry passagertransport på bestilling i køretøj med chauffør. Our model estimates a bankruptcy risk of 78.8% over the next 12 months, which is 56.0 times the average for Danish companies. 4 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -241k and a net result of DKK -118k. CEO: Jesper Nygaard Milo.

Bankruptcy risk for Business Drive ApS

78.8%
probability of bankruptcy within 12 months
Very high risk

56.0 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
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×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
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×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Capital changes1 · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · 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
42227706
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Jesper Milo, Sydvestvej 15
8700 Horsens
Municipality
Horsens
Industry
Passagertransport på bestilling i køretøj med chauffør (493300)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 40k
Auditor
Roesgaard
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-29.9%
Current ratio15%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 351kDKK 319kDKK 243k
Net profitDKK -118kDKK -164kDKK -603k
EquityDKK -241kDKK -124kDKK 513k
Total assetsDKK 807kDKK 1.1mDKK 1.3m
CashDKK 42kDKK 35k–
Short-term debtDKK 652kDKK 645k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025202 Late
1 Oct 2023 – 30 Sep 2024176
1 Oct 2022 – 30 Sep 202360
15 Mar 2021 – 31 Dec 2021234 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
CEOJesper Nygaard MiloCurrent
CEOJacob Wollenberg
BoardMichael Antitsch Mortensen
BoardPer Christian Hansen
BoardPeter Heide Wessel
BoardPer Christian Hansen
BoardClaus Porsgaard
BoardOle Skov Mortensen
BoardMichael Thorup Mortensen
BoardJesper Nygaard Milo
Owner (100%)Jesper Nygaard MiloCurrent
Owner (100%)M+ Invest ApS
Owner (100%)MICHAEL MORTENSEN ApS
Owner (50%)Michael Engstrøm
Owner (50%)Jesper Nygaard Milo
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorCedra Godkendt Revisionsaktieselskab
AuditorA/S REVISION HATTING REGISTRERET REVISIONSSELSKAB
FounderM+ Invest ApSCurrent

The CEOs' other companies

Jacob Wollenberg – 3 other companies, of which 1 bankrupt

Address history (5 moves)

c/o Jesper Milo, Sydvestvej 15, 8700 Horsens
c/o Michael Engstrøm, Kirkebakken 9, 8700 Horsens
c/o Mortensen Gruppen A/S, Orionvej 10, 8700 Horsens
c/o Mortensen Gruppen ApS, Uraniavej 6, 8700 Horsens
Orionvej 10, 8700 Horsens
Havnen 3, 8700 Horsens

Former names

Business Drive ApS – now
Business Drive A/S –

Similar companies in Horsens

Questions and answers about Business Drive ApS

Has Business Drive ApS gone bankrupt?

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

What is the bankruptcy risk of Business Drive ApS?

Our model estimates a bankruptcy risk of 78.8% over the next 12 months (very high risk), which is 56.0 times the average for Danish companies.

Who is the CEO of Business Drive ApS?

Jesper Nygaard Milo is the CEO of Business Drive ApS.

Who is the auditor of Business Drive ApS?

Business Drive ApS most recently used Roesgaard.

When was Business Drive ApS founded?

Business Drive ApS was founded on 15 March 2021.

What is the equity of Business Drive ApS?

Equity was DKK -241k 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.