Translation Team ApS

CVR 37542253 · Private limited company (ApS) · Active · High risk

Translation Team ApS is a Private limited company (ApS), founded on , based in Herlev. The company is registered in the industry oversættelse og tolkning. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 702k and a net result of DKK 592k. CEO: Metehan Karakus.

Bankruptcy risk for Translation Team 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

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
37542253
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Marielundvej 32C, 2. tv
2730 Herlev
Municipality
Herlev
Industry
Oversættelse og tolkning (743000)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 50k
Employees
3 (2018)
Auditor
BJ Regnskab, Registreret revisor
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio36.6%
Current ratio112%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address77
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 6.5mDKK 6.0mDKK 4.8m
Net profitDKK 592kDKK 547kDKK 91k
EquityDKK 702kDKK 109kDKK -438k
Total assetsDKK 1.9mDKK 1.2mDKK 1.1m
CashDKK 241kDKK 394k–
Short-term debtDKK 1.1mDKK 1.1m–
Tax owedDKK 61kDKK 60k–
Avg. employees66–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BJ Regnskab, Registreret revisor.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025198 Late
1 Jul 2023 – 30 Jun 2024173
1 Jul 2022 – 30 Jun 2023158
1 Jul 2021 – 30 Jun 2022146
1 Jul 2020 – 30 Jun 2021147
1 Jul 2019 – 30 Jun 2020183
1 Jul 2018 – 30 Jun 2019145
1 Jul 2017 – 30 Jun 2018152
16 Mar 2016 – 30 Jun 2017151

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
CEOMetehan KarakusCurrent
CEOCengiz Karakus
Owner (100%)Metehan KarakusCurrent
Owner (100%)Cengiz Karakus
AuditorREVISIONSFIRMAET NIELS OLE ELLEGAARD ApS
FounderCengiz KarakusCurrent

The CEOs' other companies

Metehan Karakus – 4 other companies

Cengiz Karakus – 4 other companies, of which 1 bankrupt

Address history (1 moves)

Marielundvej 32C, 2. tv, 2730 Herlev
c/o Cengiz Karakus, Ved Voldgraven 32, 2610 Rødovre

Former names

Translation Team ApS – now
Gelincik ApS –

Employees per year

Number of employees at Translation Team ApS per year482016: 820162017: 620172018: 32018

Other companies at the same address

Similar companies in Herlev

Questions and answers about Translation Team ApS

Has Translation Team ApS gone bankrupt?

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

What is the bankruptcy risk of Translation Team 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 Translation Team ApS?

Metehan Karakus is the CEO of Translation Team ApS.

Who is the auditor of Translation Team ApS?

Translation Team ApS most recently used BJ Regnskab, Registreret revisor.

When was Translation Team ApS founded?

Translation Team ApS was founded on 16 March 2016.

What is the equity of Translation Team ApS?

Equity was DKK 702k 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.