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Ultra Adware Killer is reporting AutoHotkey's script-to-executable as malware, Ahk2Exe.exe, usually found under %SystemDrive%\Program Files\AutoHotkey\Compiler\Ahk2Exe.exe. Similarly, it reports the all-user start menu link as malware too.
While I can see that the tool can be used to possibly create malware, I would not consider it malware itself.
Having removed the files and reinstalling, I think it may have been either a download-specific infection or that particular version, as it did not report the new one. I'd have to check the project's changelog to verify, but I'll have to assume the UAK report was correct.
EDIT: What I did was compare a newly downloaded copy from the origin to the current one, and it reported a difference.