COMMERCIAL AVIATION SERVICES ApS

CVR 34220557 · Private limited company (ApS) · Active · Very high risk

COMMERCIAL AVIATION SERVICES ApS is a Private limited company (ApS), founded on , based in Store Heddinge. The company is registered in the industry serviceydelser i forbindelse med luftfart. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 14 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -913 and a net result of DKK 27k. CEO: Michael Stenaae.

Bankruptcy risk for COMMERCIAL AVIATION SERVICES ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
34220557
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Holtug Linievej 27
4660 Store Heddinge
Municipality
Stevns
Industry
Serviceydelser i forbindelse med luftfart (522300)
Bankruptcies in the industry: Speditører
Share capital
DKK 80k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 14
Missing annual reportNo
Negative equityYes
Equity ratio-58.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 24kDKK 71k
Gross profitDKK 24kDKK 71k
Net profitDKK 27kDKK 66k
EquityDKK -913DKK 18k
Total assetsDKK 1,573DKK 18k
CashDKK 1,573–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202589
1 Jan 2024 – 31 Dec 2024142
1 Jan 2023 – 31 Dec 2023137
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021130
1 Jan 2020 – 31 Dec 202097
1 Jan 2019 – 31 Dec 201910
1 Jan 2018 – 31 Dec 201825
1 Jan 2017 – 31 Dec 2017127
1 Jan 2016 – 31 Dec 201618
1 Jan 2015 – 31 Dec 201521
1 Jan 2014 – 31 Dec 201412
1 Jan 2013 – 31 Dec 201317
1 Feb 2012 – 31 Dec 20129

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 StenaaeCurrent
Owner (50%)Michael StenaaeCurrent
Owner (50%)Merete Pia StenaaeCurrent
AuditorR3 REVISION GODKENDT REVISIONSANPARTSSELSKAB
FounderMichael StenaaeCurrent

Address history (1 moves)

Holtug Linievej 27, 4660 Store Heddinge
Hulvejen 15, 2680 Solrød Strand

Employees per year

Number of employees at COMMERCIAL AVIATION SERVICES ApS per year122013: 220132014: 120142015: 120152016: 120162017: 120172018: 02018

Questions and answers about COMMERCIAL AVIATION SERVICES ApS

Has COMMERCIAL AVIATION SERVICES ApS gone bankrupt?

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

What is the bankruptcy risk of COMMERCIAL AVIATION SERVICES ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of COMMERCIAL AVIATION SERVICES ApS?

Michael Stenaae is the CEO of COMMERCIAL AVIATION SERVICES ApS.

When was COMMERCIAL AVIATION SERVICES ApS founded?

COMMERCIAL AVIATION SERVICES ApS was founded on 1 February 2012.

What is the equity of COMMERCIAL AVIATION SERVICES ApS?

Equity was DKK -913 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.