PAPA'S ApS

CVR 31081823 · Private limited company (ApS) · Active · Low risk

PAPA'S ApS is a Private limited company (ApS), founded on 4 December 2007, based in Herning. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.0m and a net result of DKK 660k. CEO: Mohamad Mustapha.

Bankruptcy risk for PAPA'S 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 other companies0 · bankruptcy rate 10.9%1.2×

Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Current ratio200%–500% · bankruptcy rate 3.4%0.39×

Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

Number of auditors (historical)2 · 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: 31081823
Status: Active
Company type: Private limited company (ApS)
Founded: 4 December 2007 (18 years)
Address: Østergade 22B
7400 Herning
Municipality: Herning
Industry: Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital: DKK 125k
Employees: 14 (2018)
Auditor: Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab
Audit opted out: Yes

Warning signs

Annual reports filed late	0 of 18
Missing annual report	No
Negative equity	No
Equity ratio	67.5%
Current ratio	245%
Moves (last 2 years)	0
CEO changes in total	2
CEO's previous bankruptcies	0
Other companies at the address	0
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 2.8m	DKK 2.5m	DKK 1.5m
Net profit	DKK 660k	DKK 581k	DKK 156k
Equity	DKK 1.0m	DKK 855k	DKK 274k
Total assets	DKK 1.5m	DKK 1.4m	DKK 568k
Cash	DKK 894k	DKK 868k	–
Short-term debt	DKK 476k	DKK 554k	–
Tax owed	DKK 16k	DKK 121k	–
Avg. employees	10	13	–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	27 Jun 2026	178
1 Jan 2024 – 31 Dec 2024	12 May 2025	132
1 Jan 2023 – 31 Dec 2023	1 Jul 2024	183
1 Jan 2022 – 31 Dec 2022	21 Mar 2023	80
1 Jan 2021 – 31 Dec 2021	13 Apr 2022	103
1 Jan 2020 – 31 Dec 2020	30 Jun 2021	181
1 Jan 2019 – 31 Dec 2019	11 Jun 2020	163
1 Jan 2018 – 31 Dec 2018	31 May 2019	151
1 Jan 2017 – 31 Dec 2017	31 May 2018	151
1 Jan 2016 – 31 Dec 2016	20 Jun 2017	171
1 Jan 2015 – 31 Dec 2015	9 Jun 2016	161
1 Jan 2014 – 31 Dec 2014	10 Feb 2015	41
1 Jan 2013 – 31 Dec 2013	17 Mar 2014	76
1 Jan 2012 – 31 Dec 2012	21 Apr 2013	111
1 Jan 2011 – 31 Dec 2011	20 Jun 2012	172
1 Jan 2010 – 31 Dec 2010	25 Apr 2011	115
1 Jan 2009 – 31 Dec 2009	3 Jun 2010	154
4 Dec 2007 – 31 Dec 2008	30 Mar 2009	89

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

Role	Name	From	To
CEO	Mohamad Mustapha	30 Jun 2023	Current
CEO	Sami Bardakci	4 Dec 2007	30 Jun 2023
Owner (100%)	Mohamad Mustapha	30 Jun 2023	Current
Owner (50%)	Sami Bardakci	4 Dec 2007	30 Jun 2023
Owner (50%)	Mohamad Mustapha	4 Dec 2007	29 Jun 2023
Auditor	PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB	4 Dec 2007	1 Jul 2011
Auditor	PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB	1 Jul 2011	25 Mar 2013
Founder	Sami Bardakci	4 Dec 2007	Current
Founder	Mohamad Mustapha	4 Dec 2007	Current

The CEOs' other companies

Sami Bardakci – 2 other companies

CHARLIE'S CAFÈ & RESTAURANT ApS Opløst
HERNING KEBABHOUSE ApS Compulsorily dissolved

Address history (1 moves)

20 Oct 2018	Østergade 22B, 7400 Herning
4 Dec 2007	Østergade 22B, 7400 Herning

Employees per year

Similar companies in Herning

Questions and answers about PAPA'S ApS

Has PAPA'S ApS gone bankrupt?

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

What is the bankruptcy risk of PAPA'S 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 PAPA'S ApS?

Mohamad Mustapha is the CEO of PAPA'S ApS.

Who is the auditor of PAPA'S ApS?

PAPA'S ApS most recently used Blicher Revision & Rådgivning, StatsautoriseretRevisionsaktieselskab.

When was PAPA'S ApS founded?

PAPA'S ApS was founded on 4 December 2007.

What is the equity of PAPA'S ApS?

Equity was DKK 1.0m 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.