ON Cars ApS

CVR 34206368 · Private limited company (ApS) · Active · Low risk

ON Cars ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry engroshandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 14 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 267k and a net result of DKK 198k.

Bankruptcy risk for ON Cars ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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 reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
34206368
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Jerlev Boulevard 60
7100 Vejle
Municipality
Vejle
Industry
Engroshandel med motorkøretøjer (467100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 80k
Employees
12 (2014)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 14
Missing annual reportNo
Negative equityNo
Equity ratio21.7%
Current ratio143%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 206kDKK -148k
Net profitDKK 198kDKK -172k
EquityDKK 267kDKK 69k
Total assetsDKK 1.2mDKK 1.2m
CashDKK 86k–
Short-term debtDKK 467k–
Tax owedDKK 4,194–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202542
1 Jan 2024 – 31 Dec 202472
1 Jan 2023 – 31 Dec 202363
1 Jan 2022 – 31 Dec 202295
1 Jan 2021 – 31 Dec 202166
1 Jan 2020 – 31 Dec 2020120
1 Jan 2019 – 31 Dec 2019154
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 20178
1 Jan 2016 – 31 Dec 2016126
1 Jan 2015 – 31 Dec 2015141
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013194 Late
9 Jan 2012 – 31 Dec 2012181

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
CEOSelcuk Cakici
CEOMuhammed Kara
BoardSefer Cigdem
BoardOkan Omay
Owner (100%)Osman ÖklüCurrent
Owner (50%)Muhammed Kara
Owner (25%)Sefer Cigdem
Owner (25%)NISANUR HOLDING ApS
Owner (25%)Mehmet Üstün
Owner (25%)NISANUR HOLDING ApS
FounderSefer CigdemCurrent

The CEOs' other companies

Selcuk Cakici – 3 other companies

Muhammed Kara – 4 other companies

Address history (2 moves)

Jerlev Boulevard 60, 7100 Vejle
Grejsdalsvej 191, 7100 Vejle
Jagtvej 23, 2200 København N

Former names

ON Cars ApS – now
SAFIR COMPANY ApS –

Employees per year

Number of employees at ON Cars ApS per year6122012: 520122013: 720132014: 122014

Similar companies in Vejle

Questions and answers about ON Cars ApS

Has ON Cars ApS gone bankrupt?

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

What is the bankruptcy risk of ON Cars ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

When was ON Cars ApS founded?

ON Cars ApS was founded on 9 January 2012.

What is the equity of ON Cars ApS?

Equity was DKK 267k 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.