Lithium Balance A/S
CVR 44277484 · Public limited company (A/S) · Active · Very high risk
Lithium Balance A/S is a Public limited company (A/S), founded on , based in Herlev. The company is registered in the industry fremstilling af andet elektrisk udstyr. Our model estimates a bankruptcy risk of 12.6% over the next 12 months, which is 9.0 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 4.9m and a net result of DKK 36k. CEO: Stephen Christopher Millen.
Bankruptcy risk for Lithium Balance A/S
9.0 × the average (1.41%) · higher risk than 98% of active Danish companies
Increases the risk
Reduces the risk
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
- 44277484
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (3 years)
- Address
- Lyskær 3B
2730 Herlev - Municipality
- Herlev
- Industry
- Fremstilling af andet elektrisk udstyr (279000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 400k
- Auditor
- BDO Statsautoriseret Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 2 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -31.0% |
| Current ratio | 76% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 190 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2025 | 2024 |
|---|---|---|---|
| Gross profit | DKK 4.2m | DKK -15k | DKK -38k |
| Net profit | DKK 36k | DKK -16k | DKK -32k |
| Equity | DKK 4.9m | DKK -7,568 | DKK 8,207 |
| Total assets | DKK 37.8m | DKK 24k | DKK 47k |
| Cash | DKK 8.6m | DKK 24k | – |
| Short-term debt | DKK 29.0m | DKK 32k | – |
| Avg. employees | 4 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jul 2024 – 30 Jun 2025 | 44 | ||
| 4 Sep 2023 – 30 Jun 2024 | 169 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Stephen Christopher Millen | Current | |
| CEO | Louis Billesø Danielsen | ||
| Board | Stephen Christopher Millen | Current | |
| Board | Zhe Zong | Current | |
| Board | Mattijs Adriaan Tweehuysen | Current | |
| Board | Louis Billesø Danielsen | Current | |
| Board | Nicholas Moelders | Current | |
| Board | Louis Billesø Danielsen | ||
| Owner (20%) | WS Technicals A/S | Current | |
| Owner (20%) | SM & KCK Holding ApS | Current | |
| Owner (25%) | HAIDI POWER TECHNOLOGY LIMITED, | Current | |
| Owner (25%) | M.A. Tweehuysen Holding B.V. | Current | |
| Owner (100%) | WS Technicals A/S | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | Current | |
| Auditor | Status Revision, Godkendt Revisionsaktieselskab | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Founder | WS Technicals A/S | Current |
The CEOs' other companies
Stephen Christopher Millen – 2 other companies
- Millen Holdings ApS Active
- SM & KCK Holding ApS Active
Louis Billesø Danielsen – 8 other companies
- E-Group Holding ApS Active
- E-Racing ApS Active
- FUTURE ENERGY TECHNOLOGIES ApS Active
- ILL MOTO ApS Opløst
- ION Holding ApS Active
- RESS A/S Active
- VPM DEVELOPMENT ApS Opløst
- WS Technicals A/S Active
Address history (1 moves)
| Lyskær 3B, 2730 Herlev | |
| Gjellerupvej 89A, 8230 Åbyhøj |
Former names
| Lithium Balance A/S | – now |
| Lithium Balance ApS | – |
| HAIDI Europe ApS | – |
Other companies at the same address
- ADK Tekniske Anlæg og Installationer ApS Bankrupt
- AFVIKLINGSANPARTSSELSKAB AF 1. AUGUST 2011 Bankrupt
- AHA Service ApS Bankrupt
- CLEAR WATER SYSTEMS ApS Bankrupt
- DC Works Denmark ApS Bankrupt
- DP CLEAN TECH EUROPE A/S Bankrupt
- European Shuffleboard A/S Bankrupt
- GREYPRO HOLDING A/S Bankrupt
- INTER-GOLF NORDIC ApS Bankrupt
- KALAMARA KALLIOPI IVS Bankrupt
- Kide Engineering ApS Bankrupt
- OPTIPOS ApS Bankrupt
- OSM Aviation Crew ApS Bankrupt
- PAS Aviation ApS Bankrupt
- PEARL SYSTEMS ApS Bankrupt
- PN NORDIC ApS Bankrupt
- ROTO SMEETS DENMARK A/S Bankrupt
- Retail Marketing ApS Bankrupt
- SILVERSTONE EUROPE HOLDING ApS Bankrupt
- SILVERSTONE EUROPE PROPERTIES ApS Bankrupt
- Scandinavian MEP Systems ApS Bankrupt
- Shape Robotics A/S Bankrupt
- ULTRAMARE ApS Bankrupt
- 1STEP2CLOUD ApS Fusioneret
- ACT1 Group - Agile1 Denmark ApS Active
Questions and answers about Lithium Balance A/S
Has Lithium Balance A/S gone bankrupt?
No, Lithium Balance A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Lithium Balance A/S?
Our model estimates a bankruptcy risk of 12.6% over the next 12 months (very high risk), which is 9.0 times the average for Danish companies.
Who is the CEO of Lithium Balance A/S?
Stephen Christopher Millen is the CEO of Lithium Balance A/S.
Who is the auditor of Lithium Balance A/S?
Lithium Balance A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.
When was Lithium Balance A/S founded?
Lithium Balance A/S was founded on 4 September 2023.
What is the equity of Lithium Balance A/S?
Equity was DKK 4.9m 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.