Favorite Jewelry ApS

CVR 38250272 · Private limited company (ApS) · Active · High risk

Favorite Jewelry ApS is a Private limited company (ApS), founded on , based in Middelfart. The company is registered in the industry detailhandel med ure og smykker. 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 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -360k and a net result of DKK -1,000. CEO: Raja Sohail Khan.

Bankruptcy risk for Favorite Jewelry 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · 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
38250272
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Tyttebærkvisten 3
5500 Middelfart
Municipality
Middelfart
Industry
Detailhandel med ure og smykker (477700)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-766.9%
Current ratio12%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -1,000DKK -5,000DKK -2,652
Net profitDKK -1,000DKK -5,000DKK -2,652
EquityDKK -360kDKK -359kDKK -354k
Total assetsDKK 47kDKK 47kDKK 47k
Short-term debtDKK 407kDKK 406k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025195 Late
1 Jan 2024 – 31 Dec 2024195 Late
1 Jan 2023 – 31 Dec 2023199 Late
1 Jan 2022 – 31 Dec 2022198 Late
1 Jan 2021 – 31 Dec 2021183
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019249 Late
1 Jan 2018 – 31 Dec 2018168
12 Dec 2016 – 31 Dec 2017170

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
CEORaja Sohail KhanCurrent
BoardFinn Dyhre HansenCurrent
BoardRaja Sohail KhanCurrent
BoardNaheed Naz MuftiCurrent
BoardJens Christian Hermansen
BoardMaja Lund Hermansen
Owner (100%)RK INVESTMENT GROUP HOLDING ApSCurrent
Owner (100%)Danish Jewelry Design ApS
FounderDanish Jewelry Design ApSCurrent

The CEOs' other companies

Raja Sohail Khan – 4 other companies, of which 1 bankrupt

Address history (3 moves)

Tyttebærkvisten 3, 5500 Middelfart
Tyttebærkvisten 3, 5500 Middelfart
c/o Erhvervsstyrelsen, Dahlerups Pakhus, Langelinie Allé 17, 2100 København Ø
Produktionsvej 1, st., 2600 Glostrup

Employees per year

Number of employees at Favorite Jewelry ApS per year112017: 120172018: 02018

Other companies at the same address

Similar companies in Middelfart

Questions and answers about Favorite Jewelry ApS

Has Favorite Jewelry ApS gone bankrupt?

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

What is the bankruptcy risk of Favorite Jewelry 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 Favorite Jewelry ApS?

Raja Sohail Khan is the CEO of Favorite Jewelry ApS.

When was Favorite Jewelry ApS founded?

Favorite Jewelry ApS was founded on 12 December 2016.

What is the equity of Favorite Jewelry ApS?

Equity was DKK -360k 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.