POLARIC APS
CVR 36087196 · Private limited company (ApS) · Active · Medium risk
POLARIC APS is a Private limited company (ApS), founded on , based in København N. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 11 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 56k and a net result of DKK -452k. CEO: Rashad Khalil Elsubaihi.
Bankruptcy risk for POLARIC APS
1.3 × the average (1.41%) · higher risk than 82% of active Danish companies
Increases the risk
Reduces the risk
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
- 36087196
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (12 years)
- Address
- c/o Rashad Elsubaihi, Blågårds Plads 15, 1. th
2200 København N - Municipality
- København
- Industry
- Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi - Share capital
- DKK 41k
- Employees
- 2 (2018)
- Auditor
- Danica
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 2 of 11 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 30.5% |
| Current ratio | 144% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 4 |
| CEO's previous bankruptcies | 3 |
| Other companies at the address | 3 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -99k | DKK 370k |
| Net profit | DKK -452k | DKK 67k |
| Equity | DKK 56k | DKK 508k |
| Total assets | DKK 184k | DKK 723k |
| Cash | DKK 84k | – |
| Short-term debt | DKK 128k | – |
| Tax owed | DKK 21k | – |
| Avg. employees | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Danica.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 148 | ||
| 1 Jan 2024 – 31 Dec 2024 | 169 | ||
| 1 Jan 2023 – 31 Dec 2023 | 118 | ||
| 1 Jan 2022 – 31 Dec 2022 | 162 | ||
| 1 Jan 2021 – 31 Dec 2021 | 152 | ||
| 1 Jan 2020 – 31 Dec 2020 | 194 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 189 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 154 | ||
| 1 Jan 2017 – 31 Dec 2017 | 156 | ||
| 1 Jan 2016 – 31 Dec 2016 | 151 | ||
| 1 Sep 2014 – 31 Dec 2015 | 162 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Rashad Khalil Elsubaihi | Current | |
| CEO | Kim Grud Hansen | ||
| CEO | Carsten Rasmussen | ||
| Owner (10%) | POLARIC APS | Current | |
| Owner (67%) | KONCRON HOLDING ApS | Current | |
| Owner (33%) | CBR ApS | ||
| Owner (33%) | KONCRON HOLDING ApS | ||
| Owner (10%) | Anting Yen | ||
| Owner (67%) | KONCRON HOLDING ApS | ||
| Founder | HANSEN & HANSEN JUNIOR ApS | Current |
The CEOs' other companies
Rashad Khalil Elsubaihi – 7 other companies, of which 5 bankrupt
- SANS PROPERTIES ApS Bankrupt 13 Sep 2010
- SANS TRADING ApS Bankrupt 14 Sep 2010
- SWMSEMI-POLARIC ApS Bankrupt 21 Oct 2014
- UDVIKLINGSSELSKABET AF 1. OKTOBER 2007 ApS Bankrupt 19 Aug 2009
- UDVIKLINGSSELSKABET AF 31.05.2000 A/S Bankrupt 14 Oct 2003
- KONCRON HOLDING ApS Active
- Wiresans ApS Active
Kim Grud Hansen – 19 other companies, of which 4 bankrupt
- C2WIRE HOLDING IVS Bankrupt 6 Sep 2021
- C2WIRE IVS Bankrupt 1 Feb 2021
- CBR ApS Bankrupt 7 Feb 2022
- GLITCH DEVELOPMENT A/S Bankrupt 11 Aug 2009
- Copenhagen Talent House ApS Active
- DAO AVIATION A/S Active
- Fair Funding Management ApS Active
- HANSEN & HANSEN JUNIOR ApS Active
- HKRJ Invest ApS Opløst
- IMTM ApS Active
- KONCRON HOLDING ApS Active
- Komplementarselskabet CO:PLAY ApS Active
- Kontraktmaskinen ApS Opløst
- MINUBA ApS Active
- Ordlab ApS Active
- Pingo ApS Active
- TOOLPACK SOLUTIONS ApS Active
- Venteus ApS Active
- ZERO POINT SOFTWARE A/S Active
Carsten Rasmussen – 7 other companies, of which 7 bankrupt
- CBR ApS Bankrupt 7 Feb 2022
- Datoselskabet af 11 september 2017 II ApS Bankrupt 29 Mar 2019
- IIBOX TECHNOLOGIES ApS Bankrupt 26 May 2010
- POLARIC COMMUNICATIONS ApS Bankrupt 19 Feb 2015
- SWMSEMI-POLARIC ApS Bankrupt 21 Oct 2014
- UDVIKLINGSSELSKABET AF 31.05.2000 A/S Bankrupt 14 Oct 2003
- Udlejningsselskabet af 12. september 2017 ApS Bankrupt 20 Mar 2018
Address history (3 moves)
| c/o Rashad Elsubaihi, Blågårds Plads 15, 1. th, 2200 København N | |
| A.C. Meyers Vænge 15, 2450 København SV | |
| c/o Integra Advokater, Kongens Nytorv 28, 2., 1050 København K | |
| c/o Integra Advokater, Gammel Mønt 12, 3. tv, 1117 København K |
Former names
| POLARIC APS | – now |
| Polaric Semiconductor ApS | – |
| Polaric Semiconductor IVS | – |
| ACRAB POLAR INTEGRATED CIRCUITS IVS | – |
| HHJ SELSKAB 1 IVS | – |
Employees per year
Other companies at the same address
- KONCRON HOLDING ApS Active
- Koncron Defense ApS Active
- Sanad Health ApS Active
Similar companies in København
- MAINTECH CONSULT A/S Valby
- Devoteam A/S København V
- PROGRESS SOFTWARE A/S København Ø
- Darize A/S København Ø
- welwio ApS København S
- SII Group Denmark A/S København Ø
- Solvirk ApS København S
- Brun Labrador ApS København NV
- CraftWorks-IT ApS København S
- X-Report ApS København V
- WCKD ApS København S
- Failsafe ApS Vanløse
Questions and answers about POLARIC APS
Has POLARIC APS gone bankrupt?
No, POLARIC APS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of POLARIC APS?
Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.
Who is the CEO of POLARIC APS?
Rashad Khalil Elsubaihi is the CEO of POLARIC APS.
Who is the auditor of POLARIC APS?
POLARIC APS most recently used Danica.
When was POLARIC APS founded?
POLARIC APS was founded on 1 September 2014.
What is the equity of POLARIC APS?
Equity was DKK 56k 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.