CITYNET INTERNATIONAL (DENMARK) ApS

CVR 25830148 · Private limited company (ApS) · Being reinstated · Very high risk

CITYNET INTERNATIONAL (DENMARK) ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry anden finansiel formidling i.a.n.. 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, of which 2 more than six months after the end of the financial year.

Bankruptcy risk for CITYNET INTERNATIONAL (DENMARK) ApS

12.6%
probability of bankruptcy within 12 months
Very high risk

9.0 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

Registered owners0 · bankruptcy rate 51.4%5.8×
Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
CEO changes4+ · bankruptcy rate 7.3%0.83×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×
Address changes3 · bankruptcy rate 7.5%0.85×
Marketing-protectedNo · bankruptcy rate 7.5%0.85×

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
25830148
Status
Being reinstated
Company type
Private limited company (ApS)
Founded
(25 years)
Address
Amaliegade 31
1256 København K
Municipality
København
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k

Warning signs

Annual reports filed late2 of 2
Missing annual reportYes
Negative equity–
Equity ratio–
Current ratio–
Moves (last 2 years)0
CEO changes in total11
CEO's previous bankruptcies0
Other companies at the address14
Going-concern uncertaintyNo

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2002 – 31 Dec 2002222 Late
1 Jan 2001 – 31 Dec 2001232 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
CEOKim Madsen
CEOSteven Louis Dodd
CEOLarry Douglas Berent
CEODebra Robbins Hoopes
CEORobert Glenn Berger
CEOEmilio Pardo
CEOMark Robert Perkell
BoardPeter Andreas Stakemann
BoardRobert Glenn Berger
BoardSteven Louis Dodd
BoardDebra Robbins Hoopes
BoardEmilio Pardo
BoardVicki Lynne Smith Abernathy
BoardMark Robert Perkell
BoardCyrus Esadvaster Bamji
AuditorERNST & YOUNG DENMARK P/S
AuditorANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderApS KBUS 38 nr.3117

The CEOs' other companies

Kim Madsen – 57 other companies, of which 57 bankrupt

Address history (3 moves)

Amaliegade 31, 1256 København K
c/o Lassen Ricard, Amaliegade 31, 1256 København K
c/o Lassen & Ricard, Nybrogade 12, 1203 København K
c/o Advokatfirmaet Stakemann, Kronprinsessegade 18, 1306 København K

Former names

CITYNET INTERNATIONAL (DENMARK) ApS – now
CITYNET INTERNATIONAL (DENMARK) ApS –
ApS KBIL 17 NR. 1245 –

Other companies at the same address

Similar companies in København

Questions and answers about CITYNET INTERNATIONAL (DENMARK) ApS

Has CITYNET INTERNATIONAL (DENMARK) ApS gone bankrupt?

No, CITYNET INTERNATIONAL (DENMARK) ApS is not registered as bankrupt in the CVR register. Its status is: being reinstated.

What is the bankruptcy risk of CITYNET INTERNATIONAL (DENMARK) ApS?

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.

When was CITYNET INTERNATIONAL (DENMARK) ApS founded?

CITYNET INTERNATIONAL (DENMARK) ApS was founded on 1 January 2001.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.