Riad Cosmetics ApS

CVR 37622869 · Private limited company (ApS) · Active · Very high risk

Riad Cosmetics ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry detailhandel med kosmetikvarer og toiletartikler. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 9 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 95k and a net result of DKK 67k. CEO: Wanis Walaf.

Bankruptcy risk for Riad Cosmetics ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
37622869
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Arne Jacobsens Allé 12, st.
2300 København S
Municipality
København
Industry
Detailhandel med kosmetikvarer og toiletartikler (477500)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityNo
Equity ratio16.0%
Current ratio119%
Moves (last 2 years)2
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address67
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 175kDKK -3,326DKK 1,113
Net profitDKK 67kDKK -2,594DKK 862
EquityDKK 95kDKK 28kDKK 30k
Total assetsDKK 591kDKK 67kDKK 69k
CashDKK 533kDKK 2,968–
Short-term debtDKK 496kDKK 39k–
Tax owed–DKK 6,202–
Avg. employees1––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025192 Late
1 Jul 2023 – 30 Jun 2024194 Late
1 Jul 2022 – 30 Jun 2023171
1 Jul 2021 – 30 Jun 2022166
1 Jul 2020 – 30 Jun 2021106
1 Jul 2019 – 30 Jun 2020203 Late
1 Jul 2018 – 30 Jun 2019191 Late
1 Jul 2017 – 30 Jun 2018170
19 Apr 2016 – 30 Jun 2017175

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
CEOWanis WalafCurrent
Owner (100%)Wanis WalafCurrent
Owner (100%)Lone Lundberg Hansen
FounderLone Lundberg HansenCurrent

Address history (3 moves)

Arne Jacobsens Allé 12, st., 2300 København S
c/o Riad Cosmetics, Arne Jacobsens Allé 12, st., 2300 København S
c/o Søs Hobby aps, Gunløgsgade 27, kl. th, 2300 København S
c/o Det Blå Marked, Lysholm Alle 86, 4690 Haslev

Former names

Riad Cosmetics ApS – now
SØS HOBBY ApS –
SØS HOBBY IVS –

Employees per year

Number of employees at Riad Cosmetics ApS per year112017: 120172018: 12018

Other companies at the same address

Similar companies in København

Questions and answers about Riad Cosmetics ApS

Has Riad Cosmetics ApS gone bankrupt?

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

What is the bankruptcy risk of Riad Cosmetics ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Riad Cosmetics ApS?

Wanis Walaf is the CEO of Riad Cosmetics ApS.

When was Riad Cosmetics ApS founded?

Riad Cosmetics ApS was founded on 19 April 2016.

What is the equity of Riad Cosmetics ApS?

Equity was DKK 95k 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.