CITYCON DENMARK ApS

CVR 34350361 · Private limited company (ApS) · Active · High risk

CITYCON DENMARK ApS is a Private limited company (ApS), founded on , based in Albertslund. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 14 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -64.7m and a net result of DKK -19.4m. CEO: Juho-Erik Sakari Ahlman.

Bankruptcy risk for CITYCON DENMARK ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
34350361
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Stationstorvet 23, 1. th
2620 Albertslund
Municipality
Albertslund
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 80k
Employees
1 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late7 of 14
Missing annual reportNo
Negative equityYes
Equity ratio-9.6%
Current ratio218%
Moves (last 2 years)0
CEO changes in total13
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Revenue–DKK 0DKK 0
Gross profitDKK -182kDKK 830kDKK 1.6m
Net profitDKK -19.4mDKK 418kDKK -43.9m
EquityDKK -64.7mDKK -45.3mDKK -45.7m
Total assetsDKK 672.9mDKK 692.4mDKK 693.3m
Short-term debtDKK 7.4mDKK 7.5m–
Avg. employees12–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024206 Late
1 Jan 2023 – 31 Dec 2023198 Late
1 Jan 2022 – 31 Dec 2022195 Late
1 Jan 2021 – 31 Dec 2021224 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019279 Late
1 Jan 2018 – 31 Dec 2018179
1 Jan 2017 – 31 Dec 2017171
1 Jan 2016 – 31 Dec 2016174
1 Jan 2015 – 31 Dec 2015188 Late
1 Jan 2014 – 31 Dec 2014177
1 Jan 2013 – 31 Dec 2013115
15 Feb 2012 – 31 Dec 2012147

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
CEOJuho-Erik Sakari AhlmanCurrent
CEOPeter Andreas Stakemann
CEOMarcellinus Alphonsus Cornelis Kokkeel
CEOHarri Lasse Antero Holmström
CEOJurn Hendrik Hoeksema
CEOHenrica Ginström
CEOHelen Metsvaht
CEOAsi Kahana
BoardSameer MamaryCurrent
BoardJuho-Erik Sakari AhlmanCurrent
BoardEgzon AliuCurrent
BoardEero Tapio Sihvonen
BoardAnu Kristiina Tuomola
BoardMarcellinus Alphonsus Cornelis Kokkeel
BoardHarri Lasse Antero Holmström
BoardAnna Ojap
BoardJurn Hendrik Hoeksema
BoardMehis Maltsar
BoardMarko Mattila
BoardZaid Zakaria
BoardHenrica Ginström
BoardScott Ball
BoardNils Mårten Mörk
BoardEero Tapio Sihvonen
BoardSanna Maria Yliniemi
BoardBret Donald Scot Mc Leod
BoardJussi Sakari Järvelä
BoardHelen Metsvaht
BoardErik Gustaf Lennhammar
BoardChaim Katzman
BoardF. Scott Ball
BoardLiudmila Fedorovna Popova
BoardOleg Zaslavsky
BoardAsi Kahana
BoardJuho-Erik Sakari Ahlman
Owner (100%)Citycon OyjCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorEY Danmark A/S
AuditorERNST & YOUNG DENMARK P/S
AuditorEY Godkendt Revisionspartnerselskab
FounderANPARTSSELSKABET STAKEMANNCurrent

The CEOs' other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Address history (4 moves)

Stationstorvet 23, 1. th, 2620 Albertslund
c/o Visma Services Danmark A/S, Lyskær 3C, 2730 Herlev
c/o Locupleto, Stamholmen 110, 2650 Hvidovre
c/o TK Development A/S, Vestre Havnepromenade 7, 3., 9000 Aalborg
Kronprinsessegade 18, 1306 København K

Former names

CITYCON DENMARK ApS – now
ApS STAKE NR. 1674 –

Employees per year

Number of employees at CITYCON DENMARK ApS per year112015: 020152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Albertslund

Questions and answers about CITYCON DENMARK ApS

Has CITYCON DENMARK ApS gone bankrupt?

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

What is the bankruptcy risk of CITYCON DENMARK ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of CITYCON DENMARK ApS?

Juho-Erik Sakari Ahlman is the CEO of CITYCON DENMARK ApS.

Who is the auditor of CITYCON DENMARK ApS?

CITYCON DENMARK ApS most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was CITYCON DENMARK ApS founded?

CITYCON DENMARK ApS was founded on 15 February 2012.

What is the equity of CITYCON DENMARK ApS?

Equity was DKK -64.7m 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.