A Palace ApS

CVR 38119575 · Private limited company (ApS) · Active · Low risk

A Palace ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 9 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 -188k and a net result of DKK 240k.

Bankruptcy risk for A Palace ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · 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×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×

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
38119575
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Frederiksberggade 26, st.
1459 København K
Municipality
København
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-62.7%
Current ratio58%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 551kDKK 436k
Net profitDKK 240kDKK 265k
EquityDKK -188kDKK -428k
Total assetsDKK 300kDKK 382k
CashDKK 101k–
Short-term debtDKK 488k–
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 2025183
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020197 Late
1 Jan 2019 – 31 Dec 2019247 Late
1 Jan 2018 – 31 Dec 2018184 Late
19 Oct 2016 – 31 Dec 2017162

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
Owner (100%)Ahtasham AhmedCurrent
FounderAhtasham AhmedCurrent

Address history (3 moves)

Frederiksberggade 26, st., 1459 København K
Stjernegade 5A, 3000 Helsingør
Købmagergade 65, 1150 København K
Hyttebovej 68, 2665 Vallensbæk Strand

Other companies at the same address

Similar companies in København

Questions and answers about A Palace ApS

Has A Palace ApS gone bankrupt?

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

What is the bankruptcy risk of A Palace ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

When was A Palace ApS founded?

A Palace ApS was founded on 19 October 2016.

What is the equity of A Palace ApS?

Equity was DKK -188k 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.