On Time Transport IVS

CVR 37873578 · Entrepreneurial company (IVS) · Dissolved after bankruptcy

On Time Transport IVS is a Entrepreneurial company (IVS), founded on , based in Greve. The company is registered in the industry vejgodstransport. On Time Transport IVS went bankrupt on – 3.4 years after it was founded. 2 annual reports have been published. The latest annual report (31 Dec 2017) shows equity of DKK -115k and a net result of DKK -114k.

Bankruptcy

Bankruptcy date
Status
Dissolved after bankruptcy
First distress status
Being compulsorily dissolved from
Age at bankruptcy
3.4 years

Company details

CVR number
37873578
Status
Dissolved after bankruptcy
Company type
Entrepreneurial company (IVS)
Founded
Ceased
Address
c/o On Time Transport, Gersagerparken 56, 3. th
2670 Greve
Municipality
Greve
Industry
Vejgodstransport (494100)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 70
Employees
1 (2018)
Auditor
JS Revision, Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-59.8%
Current ratio63%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20172016
Gross profitDKK 256kDKK -32k
Net profitDKK -114kDKK -1,013
EquityDKK -115kDKK -943
Total assetsDKK 192kDKK 175k
CashDKK 82k–
Short-term debtDKK 307k–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · JS Revision, Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2017 – 31 Dec 2017146
13 Jul 2016 – 31 Dec 2016152

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
CEOAlan Morad
Owner (33%)Fonden Comeback Industries
Owner (50%)Alan Morad
Owner (100%)Alan Morad
FounderFonden Comeback Industries
FounderAlan Morad

Address history (3 moves)

c/o On Time Transport, Gersagerparken 56, 3. th, 2670 Greve
c/o On Time Transport, Korskildelund 6, 2670 Greve
c/o Fonden Comeback Industries, Enghavevej 80C, 4. sal, 2450 København SV
c/o Fonden Comeback Industries, Enghavevej 80C, 4., 2450 København SV

Former names

On Time Transport IVS –
Couriers On Time IVS –

Employees per year

Number of employees at On Time Transport IVS per year232017: 320172018: 12018

Other companies at the same address

Similar companies in Greve

Questions and answers about On Time Transport IVS

Has On Time Transport IVS gone bankrupt?

Yes. On Time Transport IVS went bankrupt on 25 November 2019.

Who is the auditor of On Time Transport IVS?

On Time Transport IVS most recently used JS Revision, Godkendt Revisionsaktieselskab.

When was On Time Transport IVS founded?

On Time Transport IVS was founded on 13 July 2016.

What is the equity of On Time Transport IVS?

Equity was DKK -115k according to the annual report for the period ending 31 December 2017.

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