Shipping Telegraph Aps

CVR 38331396 · Private limited company (ApS) · Active · Medium risk

Shipping Telegraph Aps is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry andre udgiveraktiviteter, undtagen udgivelse af software. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK -70k and a net result of DKK -8,187. CEO: Michael Olsen.

Bankruptcy risk for Shipping Telegraph Aps

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · 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×

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
38331396
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Nebelvej 15
8700 Horsens
Municipality
Horsens
Industry
Andre udgiveraktiviteter, undtagen udgivelse af software (581900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 50k
Auditor
Cedra
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-1,728.2%
Current ratio6%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -6,927DKK -3,015DKK -7,230
Net profitDKK -8,187DKK -4,252DKK -13k
EquityDKK -70kDKK -62kDKK -57k
Total assetsDKK 4,036DKK 12kDKK 13k
CashDKK 4,036DKK 12k–
Short-term debtDKK 74kDKK 74k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Cedra.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 2026112
1 Jul 2024 – 30 Jun 2025112
1 Jul 2023 – 30 Jun 202471
1 Jul 2022 – 30 Jun 202394
1 Jul 2021 – 30 Jun 202290
1 Jul 2020 – 30 Jun 2021142
1 Jul 2019 – 30 Jun 2020125
1 Jul 2018 – 30 Jun 2019106
13 Jan 2017 – 30 Jun 2018124

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
CEOMichael OlsenCurrent
CEOZara Zakaryan Olsen
Owner (100%)ARMDAN HOLDING ApSCurrent
AuditorCedra Godkendt Revisionsaktieselskab
FounderARMDAN HOLDING ApSCurrent

The CEOs' other companies

Michael Olsen – 4 other companies, of which 1 bankrupt

Zara Zakaryan Olsen – 2 other companies

Address history (0 moves)

Nebelvej 15, 8700 Horsens

Former names

Shipping Telegraph Aps – now
Zara Travel Aps –
Shipping Telegraph Aps –
Zara Travel ApS –

Other companies at the same address

Similar companies in Horsens

Questions and answers about Shipping Telegraph Aps

Has Shipping Telegraph Aps gone bankrupt?

No, Shipping Telegraph Aps is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Shipping Telegraph Aps?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Shipping Telegraph Aps?

Michael Olsen is the CEO of Shipping Telegraph Aps.

Who is the auditor of Shipping Telegraph Aps?

Shipping Telegraph Aps most recently used Cedra.

When was Shipping Telegraph Aps founded?

Shipping Telegraph Aps was founded on 13 January 2017.

What is the equity of Shipping Telegraph Aps?

Equity was DKK -70k according to the annual report for the period ending 30 June 2026.

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