The Cars ApS

CVR 36562870 · Private limited company (ApS) · Active · Medium risk

The Cars ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 10 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 791k and a net result of DKK 44k.

Bankruptcy risk for The Cars ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · 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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
36562870
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Nordlundsvej 39
2650 Hvidovre
Municipality
Hvidovre
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio9.4%
Current ratio106%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 45kDKK 422k
Net profitDKK 44kDKK 326k
EquityDKK 791kDKK 748k
Total assetsDKK 8.4mDKK 8.5m
CashDKK 3.8m–
Short-term debtDKK 7.6m–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025172
1 Jul 2023 – 30 Jun 2024166
1 Jul 2022 – 30 Jun 2023172
1 Jul 2021 – 30 Jun 2022166
1 Jul 2020 – 30 Jun 2021154
1 Jul 2019 – 30 Jun 2020164
1 Jul 2018 – 30 Jun 2019162
1 Jul 2017 – 30 Jun 2018157
1 Jul 2016 – 30 Jun 2017167
11 Mar 2015 – 30 Jun 2016174

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
CEOAbdullah Korkmaz
Owner (50%)Abdullah KorkmazCurrent
Owner (33%)Rahmetullah KorkmazCurrent
Owner (100%)ABUSAN IMPORT-EKSPORT ApS
Owner (100%)Recep Korkmaz
Owner (100%)Abdullah Korkmaz
FounderABUSAN IMPORT-EKSPORT ApSCurrent

The CEOs' other companies

Abdullah Korkmaz – 18 other companies

Address history (4 moves)

Nordlundsvej 39, 2650 Hvidovre
Slotsherrensvej 411C, 2610 Rødovre
Nordlundsvej 39, 2650 Hvidovre
Hammerholmen 15, 2650 Hvidovre
Nordlundsvej 39, 2650 Hvidovre

Former names

The Cars ApS – now
The Burger Hvidovre ApS –
The Espresso ApS –
Moccake Odense ApS –

Employees per year

Number of employees at The Cars ApS per year242015: 420152016: 220162017: 020172018: 02018

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about The Cars ApS

Has The Cars ApS gone bankrupt?

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

What is the bankruptcy risk of The Cars ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

When was The Cars ApS founded?

The Cars ApS was founded on 11 March 2015.

What is the equity of The Cars ApS?

Equity was DKK 791k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.