SHELBAYA ApS

CVR 34207887 · Private limited company (ApS) · Active · Low risk

SHELBAYA ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry fremstilling af smykker og lignende varer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 14 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.9m and a net result of DKK 614k. CEO: Morten Kirk, Nadia Shelbaya Kirk.

Bankruptcy risk for SHELBAYA ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
34207887
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Willemoesgade 3, st. th
2100 København Ø
Municipality
København
Industry
Fremstilling af smykker og lignende varer (321200)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 80k
Auditor
Aaen &amp; Co. statsautoriserede revisorer p/s
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 14
Missing annual reportNo
Negative equityNo
Equity ratio61.6%
Current ratio295%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.6mDKK 1.7m
Net profitDKK 614kDKK 206k
EquityDKK 1.9mDKK 1.3m
Total assetsDKK 3.1mDKK 1.6m
CashDKK 41k–
Short-term debtDKK 637k–
Tax owedDKK 59k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Aaen &amp; Co. statsautoriserede revisorer p/s.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025103
1 Jan 2024 – 31 Dec 2024104
1 Jan 2023 – 31 Dec 2023174
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021193 Late
1 Jan 2020 – 31 Dec 2020188 Late
1 Jan 2019 – 31 Dec 2019257 Late
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016146
1 Jan 2015 – 31 Dec 2015165
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013167
11 Jan 2012 – 31 Dec 2012178

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
CEOMorten KirkCurrent
CEONadia Shelbaya KirkCurrent
Owner (33%)Nadia Shelbaya KirkCurrent
Owner (50%)KIRK INVEST ApSCurrent
Owner (50%)Morten Kirk
FounderMorten KirkCurrent
FounderNadia Shelbaya KirkCurrent

The CEOs' other companies

Morten Kirk – 10 other companies, of which 1 bankrupt

Address history (12 moves)

Willemoesgade 3, st. th, 2100 København Ø
Ny Adelgade 5, 1104 København K
Østergade 1, 1100 København K
Hovedvagtsgade 2, 2. th, 1103 København K
Classensgade 45, st., 2100 København Ø
Hovedvagtsgade 8, 2. th, 1103 København K
Rosenvængets Allé 50, 2100 København Ø
Fortkaj 30, 8. th, 2150 Nordhavn
Store Strandstræde 19, 5., 1255 København K
Rosenvængets Allé 50, 2100 København Ø
Ny Østergade 9, 1101 København K
Rosenvængets Allé 50, 2100 København Ø
c/o Rønne & Lundgren, Tuborg Havnevej 19, 2900 Hellerup

Other companies at the same address

Similar companies in København

Questions and answers about SHELBAYA ApS

Has SHELBAYA ApS gone bankrupt?

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

What is the bankruptcy risk of SHELBAYA 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 SHELBAYA ApS?

Morten Kirk, Nadia Shelbaya Kirk are the CEOs of SHELBAYA ApS.

Who is the auditor of SHELBAYA ApS?

SHELBAYA ApS most recently used Aaen &amp; Co. statsautoriserede revisorer p/s.

When was SHELBAYA ApS founded?

SHELBAYA ApS was founded on 11 January 2012.

What is the equity of SHELBAYA ApS?

Equity was DKK 1.9m 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.