Altastay ApS

CVR 37611778 · Private limited company (ApS) · Active · High risk

Altastay ApS is a Private limited company (ApS), founded on , based in Charlottenlund. The company is registered in the industry andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 10 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -20k and a net result of DKK -2,650. CEO: Daniel Bachmann.

Bankruptcy risk for Altastay ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%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 since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
37611778
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Daniel Bachmann, Berlings Have 4
2920 Charlottenlund
Municipality
Gentofte
Industry
Andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring (661900)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 50k
Auditor
DANSK REVISION SØBORG STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityYes
Equity ratio–
Current ratio0%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies4
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -2,650DKK -1,875DKK -5,225
Net profitDKK -2,650DKK -3,475DKK -14k
EquityDKK -20kDKK -17kDKK -14k
Total assetsDKK 0DKK 0DKK 0
Cash–DKK 0–
Short-term debtDKK 20kDKK 17k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION SØBORG STATSAUTORISERET REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 2018172
1 Jan 2017 – 31 Dec 2017155
14 Apr 2016 – 31 Dec 2016179

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
CEODaniel BachmannCurrent
CEOMichael Ziegler
CEODaniel Bachmann
BoardDaniel BachmannCurrent
BoardMichael Ziegler
BoardDaniel Bachmann
BoardJesper Beyer-Clausen
BoardJesper Beyer-Clausen
BoardTine Riis Horwitz
Owner (100%)Tiwi Holding ApSCurrent
Owner (50%)EMILIENBORG HOLDING ApS
Owner (50%)Tiwi Holding ApS
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorDANSK REVISION SØBORG, STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderEMILIENBORG HOLDING ApSCurrent

The CEOs' other companies

Daniel Bachmann – 15 other companies, of which 9 bankrupt

Michael Ziegler – 57 other companies, of which 40 bankrupt

Address history (4 moves)

c/o Daniel Bachmann, Berlings Have 4, 2920 Charlottenlund
c/o Tine Horwitz, Strandvejen 194H, 2920 Charlottenlund
c/o Ziegler Consulting, Strandvejen 102E, 1., 2900 Hellerup
c/o Ziegler Consulting, Strandvejen 62D, 2900 Hellerup
Mosehøjvej 38, 2920 Charlottenlund

Former names

Altastay ApS – now
South American Payment Systems ApS –

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Altastay ApS

Has Altastay ApS gone bankrupt?

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

What is the bankruptcy risk of Altastay ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of Altastay ApS?

Daniel Bachmann is the CEO of Altastay ApS.

Who is the auditor of Altastay ApS?

Altastay ApS most recently used DANSK REVISION SØBORG STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was Altastay ApS founded?

Altastay ApS was founded on 14 April 2016.

What is the equity of Altastay ApS?

Equity was DKK -20k 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.