millibar ApS

CVR 44803232 · Private limited company (ApS) · Active · High risk

millibar ApS is a Private limited company (ApS), founded on , based in Risskov. The company is registered in the industry detailhandel med køkkenudstyr og service mv.. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -424k and a net result of DKK -377k. CEO: Anders Geert.

Bankruptcy risk for millibar ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

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×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
44803232
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Nordre Strandvej 8
8240 Risskov
Municipality
Aarhus
Industry
Detailhandel med køkkenudstyr og service mv. (475530)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-81.0%
Current ratio48%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -338kDKK -88k
Net profitDKK -377kDKK -98k
EquityDKK -424kDKK -48k
Total assetsDKK 524kDKK 113k
CashDKK 426k–
Short-term debtDKK 948k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025118
29 Apr 2024 – 31 Dec 2024169

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
CEOAnders GeertCurrent
Owner (50%)Peter Christian BoldsenCurrent
Owner (50%)ANDERS GEERT HOLDING ApSCurrent
FounderPeter Christian BoldsenCurrent
FounderANDERS GEERT HOLDING ApSCurrent

The CEOs' other companies

Anders Geert – 26 other companies, of which 6 bankrupt

Address history (1 moves)

Nordre Strandvej 8, 8240 Risskov
Nordre Strandvej 8, 8240 Risskov

Former names

millibar ApS – now
greyseal ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about millibar ApS

Has millibar ApS gone bankrupt?

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

What is the bankruptcy risk of millibar ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of millibar ApS?

Anders Geert is the CEO of millibar ApS.

Who is the auditor of millibar ApS?

millibar ApS most recently used EY Godkendt Revisionspartnerselskab.

When was millibar ApS founded?

millibar ApS was founded on 29 April 2024.

What is the equity of millibar ApS?

Equity was DKK -424k 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.