BLAZAR ApS

CVR 29825246 · Private limited company (ApS) · Active · Low risk

BLAZAR ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 19 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 56.5m and a net result of DKK -33.0m. CEO: Michael Anders Segelcke Lunau Thomsen, Pascar Paw Paramasivam, Vasilij Niiazi Brandt.

Bankruptcy risk for BLAZAR ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×

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
29825246
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Øster Allé 48, 5.
2100 København Ø
Municipality
København
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 738k
Employees
5 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 19
Missing annual reportNo
Negative equityNo
Equity ratio99.2%
Current ratio8,616%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address85
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -1.4mDKK -1.1mDKK -2.4m
Net profitDKK -33.0mDKK -3.1mDKK -36.8m
EquityDKK 56.5mDKK 118.4mDKK 121.5m
Total assetsDKK 56.9mDKK 119.4mDKK 122.5m
CashDKK 2.0mDKK 13.3m–
Short-term debtDKK 149kDKK 801k–
Avg. employees69–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021159
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019148
1 Jan 2018 – 31 Dec 2018143
1 Jan 2017 – 31 Dec 2017190 Late
1 Jan 2016 – 31 Dec 2016166
1 Jan 2015 – 31 Dec 2015179
1 Jan 2014 – 31 Dec 2014189 Late
1 Jan 2013 – 31 Dec 2013175
1 Jan 2012 – 31 Dec 2012162
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009139
1 Jan 2008 – 31 Dec 2008173
1 Nov 2006 – 31 Dec 2007169

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
CEOMichael Anders Segelcke Lunau ThomsenCurrent
CEOPascar Paw ParamasivamCurrent
CEOVasilij Niiazi BrandtCurrent
CEOChristian Francois Vangsted Arnstedt
CEODenis Fedoryaev
Owner (33%)ARNSTEDT HOLDING ApSCurrent
Owner (5%)EMLIKA ApSCurrent
Owner (15%)KaPo Invest ApSCurrent
Owner (15%)Brandt Capital Holding ApSCurrent
Owner (100%)ARNSTEDT HOLDING ApS
Owner (50%)ARNSTEDT HOLDING ApS
Owner (50%)Willmach ApS
Owner (100%)ARNSTEDT HOLDING ApS
Owner (67%)ARNSTEDT HOLDING ApS
Owner (10%)KaPo Invest ApS
Owner (10%)Brandt Capital Holding ApS
Owner (33%)ARNSTEDT HOLDING ApS
Owner (20%)KaPo Invest ApS
Owner (20%)Brandt Capital Holding ApS
Owner (5%)VÆKSTFONDEN
Owner (20%)ARNSTEDT HOLDING ApS
Owner (20%)CHR. AUGUSTINUS FABRIKKER AKTIESELSKAB
Owner (10%)KaPo Invest ApS
Owner (10%)Brandt Capital Holding ApS
Owner (5%)Danmarks Eksport- og Investeringsfond
Owner (33%)BLAZAR ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderARNSTEDT HOLDING ApSCurrent

The CEOs' other companies

Michael Anders Segelcke Lunau Thomsen – 4 other companies, of which 1 bankrupt

Pascar Paw Paramasivam – 6 other companies, of which 1 bankrupt

Vasilij Niiazi Brandt – 3 other companies, of which 2 bankrupt

Christian Francois Vangsted Arnstedt – 12 other companies

Denis Fedoryaev – 1 other companies

Address history (5 moves)

Øster Allé 48, 5., 2100 København Ø
Lindgreens Allé 9, 2300 København S
Købmagergade 3A, 4., 1150 København K
Tuborg Sundpark 9, 3. tv, 2900 Hellerup
Store Kongensgade 23, 1. th, 1264 København K
Carl Baggers Alle 7, 2920 Charlottenlund

Former names

BLAZAR ApS – now
PERFORM INVEST ApS –

Employees per year

Number of employees at BLAZAR ApS per year352017: 120172018: 52018

Other companies at the same address

Similar companies in København

Questions and answers about BLAZAR ApS

Has BLAZAR ApS gone bankrupt?

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

What is the bankruptcy risk of BLAZAR ApS?

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

Who is the CEO of BLAZAR ApS?

Michael Anders Segelcke Lunau Thomsen, Pascar Paw Paramasivam, Vasilij Niiazi Brandt are the CEOs of BLAZAR ApS.

Who is the auditor of BLAZAR ApS?

BLAZAR ApS most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was BLAZAR ApS founded?

BLAZAR ApS was founded on 1 November 2006.

What is the equity of BLAZAR ApS?

Equity was DKK 56.5m 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.