Ahmad Saad ApS

CVR 34896577 · Private limited company (ApS) · Active · Very high risk

Ahmad Saad ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry passagertransport på bestilling i køretøj med chauffør. Our model estimates a bankruptcy risk of 18.5% over the next 12 months, which is 13.2 times the average for Danish companies. 13 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 328k and a net result of DKK -124k. CEO: Ahmad Saad.

Bankruptcy risk for Ahmad Saad ApS

18.5%
probability of bankruptcy within 12 months
Very high risk

13.2 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
34896577
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Fynsgade 6, 1. 5
5000 Odense C
Municipality
Odense
Industry
Passagertransport på bestilling i køretøj med chauffør (493300)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 80k
Employees
0 (2017)
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 13
Missing annual reportNo
Negative equityNo
Equity ratio43.0%
Current ratio77%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 318kDKK 676kDKK 520k
Net profitDKK -124kDKK 82kDKK 86k
EquityDKK 328kDKK 452kDKK 370k
Total assetsDKK 764kDKK 1.0mDKK 848k
CashDKK 4,243DKK 7,436–
Short-term debtDKK 436kDKK 578k–
Tax owedDKK 0DKK 23k–

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 2025243 Late
1 Jan 2024 – 31 Dec 2024197 Late
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022190 Late
1 Jan 2021 – 31 Dec 202199
1 Jan 2020 – 31 Dec 2020160
1 Jan 2019 – 31 Dec 2019256 Late
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017173
1 Jan 2016 – 31 Dec 2016168
1 Jan 2015 – 31 Dec 2015171
1 Jan 2014 – 31 Dec 2014183
2 Jan 2013 – 31 Dec 2013181

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
CEOAhmad SaadCurrent
CEOMichael Hemmer
Owner (100%)Mahmoud SaadCurrent
Owner (100%)Michael Hemmer
Owner (100%)HEMMER HOLDING ApS
Owner (50%)HLJ INVESTMENT ApS
Owner (100%)Michael Hemmer
Owner (100%)Ahmad Saad
Owner (5%)Kenneth Carstensen
FounderHEMMER HOLDING ApSCurrent

The CEOs' other companies

Ahmad Saad – 2 other companies

Address history (3 moves)

Fynsgade 6, 1. 5, 5000 Odense C
Bøgeparken 84, 4. tv, 5240 Odense NØ
Møllekæret 2, 5450 Otterup
Møllekæret 13, 5450 Otterup

Former names

Ahmad Saad ApS – now
DST Leasing ApS –
DST - DANSK SIKKERHED OG TRANSPORT ApS –

Employees per year

Number of employees at Ahmad Saad ApS per year122013: 120132014: 120142015: 020152016: 220162017: 02017

Other companies at the same address

Similar companies in Odense

Questions and answers about Ahmad Saad ApS

Has Ahmad Saad ApS gone bankrupt?

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

What is the bankruptcy risk of Ahmad Saad ApS?

Our model estimates a bankruptcy risk of 18.5% over the next 12 months (very high risk), which is 13.2 times the average for Danish companies.

Who is the CEO of Ahmad Saad ApS?

Ahmad Saad is the CEO of Ahmad Saad ApS.

When was Ahmad Saad ApS founded?

Ahmad Saad ApS was founded on 2 January 2013.

What is the equity of Ahmad Saad ApS?

Equity was DKK 328k 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.