PIZZA TIME ApS

CVR 18846403 · Private limited company (ApS) · Active · Low risk

PIZZA TIME ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry drift af øvrige spisesteder. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 907k and a net result of DKK 365k. CEO: Necdet Yagci.

Bankruptcy risk for PIZZA TIME ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
18846403
Status
Active
Company type
Private limited company (ApS)
Founded
(31 years)
Address
c/o Amager Centret, Butik 135, Reberbanegade 3
2300 København S
Municipality
København
Industry
Drift af øvrige spisesteder (561190)
Bankruptcies in the industry: Restauranter
Share capital
DKK 196k
Employees
4 (2018)
Auditor
Haamann Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late9 of 30
Missing annual reportNo
Negative equityNo
Equity ratio57.3%
Current ratio187%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies1
Other companies at the address51
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.2mDKK 2.9m
Net profitDKK 365kDKK 100k
EquityDKK 907kDKK 642k
Total assetsDKK 1.6mDKK 1.3m
CashDKK 630k–
Short-term debtDKK 656k–
Tax owedDKK 118k–
Avg. employees8–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025139
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023121
1 Jan 2022 – 31 Dec 2022156
1 Jan 2021 – 31 Dec 2021112
1 Jan 2020 – 31 Dec 2020105
1 Jan 2019 – 31 Dec 201979
1 Jan 2018 – 31 Dec 2018121
1 Jan 2017 – 31 Dec 2017121
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 201595
1 Jan 2014 – 31 Dec 201498
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012131
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010146
1 Jan 2009 – 31 Dec 2009158
1 Jan 2008 – 31 Dec 2008173
1 Jan 2007 – 31 Dec 2007184 Late
1 Jan 2006 – 31 Dec 2006199 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
CEONecdet YagciCurrent
CEOTimo Juhani Suomela
CEOPoul Grotum
CEOTimo Juhani Suomela
Owner (100%)NECDET HOLDING ApSCurrent
AuditorGregers Paulsen
AuditorLennart Gutfelt
AuditorBUUS JENSEN I/S STATSAUTORISEREDE REVISORER
AuditorHAAMANN 1 A/S
FounderTimo Juhani SuomelaCurrent
FounderPoul GrotumCurrent

The CEOs' other companies

Necdet Yagci – 3 other companies, of which 1 bankrupt

Timo Juhani Suomela – 6 other companies, of which 5 bankrupt

Poul Grotum – 2 other companies, of which 2 bankrupt

Address history (2 moves)

c/o Amager Centret, Butik 135, Reberbanegade 3, 2300 København S
c/o butik 135, Amager Centret, 2300 København S
c/o Bistro 2000, Reberbanegade 3, 2300 København S

Former names

PIZZA TIME ApS – now
PIZZA TIME II ApS –

Employees per year

Number of employees at PIZZA TIME ApS per year362011: 420112012: 520122013: 520132014: 520142015: 420152016: 520162017: 620172018: 42018

Other companies at the same address

Similar companies in København

Questions and answers about PIZZA TIME ApS

Has PIZZA TIME ApS gone bankrupt?

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

What is the bankruptcy risk of PIZZA TIME ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of PIZZA TIME ApS?

Necdet Yagci is the CEO of PIZZA TIME ApS.

Who is the auditor of PIZZA TIME ApS?

PIZZA TIME ApS most recently used Haamann Statsautoriseret Revisionspartnerselskab.

When was PIZZA TIME ApS founded?

PIZZA TIME ApS was founded on 25 August 1995.

What is the equity of PIZZA TIME ApS?

Equity was DKK 907k 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.