MS Franchise Operations ApS

CVR 32334679 · Private limited company (ApS) · Active · Medium risk

MS Franchise Operations ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry leasing af intellektuelle ejendomsrettigheder og lignende produkter, dog ikke ophavsretsbeskyttede værker. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 12 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK -230k and a net result of DKK -47k. CEO: Sally Matrawy.

Bankruptcy risk for MS Franchise Operations ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
32334679
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
c/o WOK Christianshavn ApS, Torvegade 49
1400 København K
Municipality
København
Industry
Leasing af intellektuelle ejendomsrettigheder og lignende produkter, dog ikke ophavsretsbeskyttede værker (774000)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-69.8%
Current ratio110%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -46kDKK -23kDKK -92k
Net profitDKK -47kDKK -33kDKK -95k
EquityDKK -230kDKK -182kDKK -149k
Total assetsDKK 329kDKK 147kDKK 0
CashDKK 28kDKK 29k–
Short-term debtDKK 298kDKK 61k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 2026114
1 Jul 2024 – 30 Jun 2025129
1 Jul 2023 – 30 Jun 20243
1 Jul 2022 – 30 Jun 2023137
1 Jul 2021 – 30 Jun 2022154
1 Jul 2020 – 30 Jun 2021134
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019140
1 Jul 2017 – 30 Jun 2018135
1 Jul 2016 – 30 Jun 2017164
1 Jul 2015 – 30 Jun 2016172
10 Feb 2014 – 30 Jun 2015168

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
CEOSally MatrawyCurrent
CEOMurat Güngör
CEOSupitcha Borgen
CEOMurat Güngör
Owner (100%)Sally MatrawyCurrent
Owner (100%)Supitcha Borgen
Owner (100%)Murat Güngör
FounderMurat GüngörCurrent

The CEOs' other companies

Sally Matrawy – 3 other companies, of which 1 bankrupt

Murat Güngör – 11 other companies, of which 6 bankrupt

Supitcha Borgen – 2 other companies

Address history (3 moves)

c/o WOK Christianshavn ApS, Torvegade 49, 1400 København K
Strandlodsvej 38, 2300 København S
Torvegade 49, 1400 København K
Sundholmsvej 31, st. th, 2300 København S

Former names

MS Franchise Operations ApS – now
ITAN HOLDING ApS –

Other companies at the same address

Similar companies in København

Questions and answers about MS Franchise Operations ApS

Has MS Franchise Operations ApS gone bankrupt?

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

What is the bankruptcy risk of MS Franchise Operations ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of MS Franchise Operations ApS?

Sally Matrawy is the CEO of MS Franchise Operations ApS.

When was MS Franchise Operations ApS founded?

MS Franchise Operations ApS was founded on 10 February 2014.

What is the equity of MS Franchise Operations ApS?

Equity was DKK -230k according to the annual report for the period ending 30 June 2026.

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