SETHI GROUP ApS

CVR 28113153 · Private limited company (ApS) · Active · Low risk

SETHI GROUP ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 2.6m and a net result of DKK 108k. CEO: Faisel Shafiq Sethi.

Bankruptcy risk for SETHI GROUP ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
28113153
Status
Active
Company type
Private limited company (ApS)
Founded
(22 years)
Address
Hellasvej 24
2300 København S
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Baker Tilly Denmark
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 21
Missing annual reportNo
Negative equityNo
Equity ratio27.6%
Current ratio1%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1,361DKK -1,624
Net profitDKK 108kDKK -59k
EquityDKK 2.6mDKK 2.6m
Total assetsDKK 9.5mDKK 2.6m
CashDKK 51k–
Short-term debtDKK 6.9m–
Tax owedDKK 14k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022176
1 Jan 2021 – 31 Dec 2021149
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 2019229 Late
1 Jan 2018 – 31 Dec 2018144
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013152
1 Jan 2012 – 31 Dec 2012152
1 Jan 2011 – 31 Dec 2011157
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009159
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007165
1 Jan 2006 – 31 Dec 2006161

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
CEOFaisel Shafiq SethiCurrent
Owner (100%)Faisel Shafiq SethiCurrent
Auditor3H Revision, Statsautoriseret revisor
AuditorRath & Knudsen Statsautoriserede revisorer interessentskab
AuditorSønderup Grow
AuditorSønderup I/S, statsautoriserede revisorer
AuditorGR2001 ApS
AuditorDALSGAARD, STAHL & WØLDIKE. GODKENDT REVISIONSANPARTSSELSKAB
FounderFaisel Shafiq SethiCurrent

The CEOs' other companies

Faisel Shafiq Sethi – 6 other companies

Address history (4 moves)

Hellasvej 24, 2300 København S
Hellasvej 23, 2300 København S
Liden Kirstens Vej 4, 2300 København S
Rodosvej 51, 2300 København S
Amagerbrogade 216A, 2300 København S

Other companies at the same address

Similar companies in København

Questions and answers about SETHI GROUP ApS

Has SETHI GROUP ApS gone bankrupt?

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

What is the bankruptcy risk of SETHI GROUP ApS?

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

Who is the CEO of SETHI GROUP ApS?

Faisel Shafiq Sethi is the CEO of SETHI GROUP ApS.

Who is the auditor of SETHI GROUP ApS?

SETHI GROUP ApS most recently used Baker Tilly Denmark.

When was SETHI GROUP ApS founded?

SETHI GROUP ApS was founded on 22 September 2004.

What is the equity of SETHI GROUP ApS?

Equity was DKK 2.6m 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.