True Milling ApS

CVR 43610341 · Private limited company (ApS) · Active · Low risk

True Milling ApS is a Private limited company (ApS), founded on , based in Tilst. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.2m and a net result of DKK -8,107. CEO: Thomas Milling.

Bankruptcy risk for True Milling ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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 ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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×

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
43610341
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Langhøjvej 3A
8381 Tilst
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 68k
Auditor
HJ Revision ApS
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio98.7%
Current ratio7,968%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -9,543DKK -7,419
Net profitDKK -8,107DKK -5,994
EquityDKK 1.2mDKK 1.3m
Total assetsDKK 1.2mDKK 1.3m
CashDKK 1.2m–
Short-term debtDKK 16k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024174
28 Oct 2022 – 31 Dec 2023176

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
CEOThomas MillingCurrent
Owner (100%)Thomas MillingCurrent
FounderThomas MillingCurrent

Address history (1 moves)

Langhøjvej 3A, 8381 Tilst
Langhøjvej 3A, 8381 Tilst

Other companies at the same address

Similar companies in Aarhus

Questions and answers about True Milling ApS

Has True Milling ApS gone bankrupt?

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

What is the bankruptcy risk of True Milling ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of True Milling ApS?

Thomas Milling is the CEO of True Milling ApS.

Who is the auditor of True Milling ApS?

True Milling ApS most recently used HJ Revision ApS.

When was True Milling ApS founded?

True Milling ApS was founded on 28 October 2022.

What is the equity of True Milling ApS?

Equity was DKK 1.2m 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.