24K Transfers ApS

CVR 37053155 · Private limited company (ApS) · Active · Medium risk

24K Transfers ApS is a Private limited company (ApS), founded on , based in Glostrup. The company is registered in the industry passagertransport på bestilling i køretøj med chauffør. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 10 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 179k and a net result of DKK -6,933. CEO: Faraz Ali.

Bankruptcy risk for 24K Transfers ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
37053155
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Faraz Ali, Kirkebjerg Parkvej 2C, st. 1
2600 Glostrup
Municipality
Glostrup
Industry
Passagertransport på bestilling i køretøj med chauffør (493300)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 50k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 10
Missing annual reportNo
Negative equityNo
Equity ratio35.5%
Current ratio72%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 465kDKK 656k
Net profitDKK -6,933DKK -17k
EquityDKK 179kDKK 186k
Total assetsDKK 503kDKK 292k
CashDKK 38k–
Short-term debtDKK 74k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022221 Late
1 Jan 2021 – 31 Dec 2021201 Late
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 201738
25 Aug 2015 – 31 Dec 2016136

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
CEOFaraz AliCurrent
CEOSaqib Hussain
Owner (100%)Faraz AliCurrent
Owner (50%)Saqib Hussain
Owner (33%)Faraz Ali
Owner (33%)Hizzab Hussain
Owner (33%)Saqib Hussain
FounderSaqib HussainCurrent
FounderFaraz AliCurrent

The CEOs' other companies

Faraz Ali – 2 other companies, of which 1 bankrupt

Saqib Hussain – 1 other companies

Address history (3 moves)

c/o Faraz Ali, Kirkebjerg Parkvej 2C, st. 1, 2600 Glostrup
c/o Faraz Ali, Hansstedvej 10, 1. tv, 2500 Valby
c/o Faraz Ali, Skøjtevej 27E, 2770 Kastrup
c/o Faraz Ali, Hansstedvej 10, 1. TV, 2500 Valby

Former names

24K Transfers ApS – now
FlyPark ApS –
FlyPark IVS –
Fextec IVS –
Linksta IVS –

Employees per year

Number of employees at 24K Transfers ApS per year122017: 020172018: 22018

Other companies at the same address

Similar companies in Glostrup

Questions and answers about 24K Transfers ApS

Has 24K Transfers ApS gone bankrupt?

No, 24K Transfers ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 24K Transfers ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of 24K Transfers ApS?

Faraz Ali is the CEO of 24K Transfers ApS.

When was 24K Transfers ApS founded?

24K Transfers ApS was founded on 25 August 2015.

What is the equity of 24K Transfers ApS?

Equity was DKK 179k 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.