Old Cuban Development ApS

CVR 38420739 · Private limited company (ApS) · Active · Low risk

Old Cuban Development ApS is a Private limited company (ApS), founded on , based in Gråsten. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -3,500 and a net result of DKK -3,330.

Bankruptcy risk for Old Cuban Development ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% 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×
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×
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×

Reduces the risk

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
38420739
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Nicolaysen, Hundsbjerg 16
6300 Gråsten
Municipality
Sønderborg
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-576.6%
Current ratio15%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK -3,330DKK -3,229–
Net profitDKK -3,330DKK -3,229DKK -4,507
EquityDKK -3,500DKK -170DKK 3,059
Total assetsDKK 607DKK 3,937DKK 7,166
CashDKK 607DKK 3,937–
Short-term debtDKK 4,107DKK 4,107–

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 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023193 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020159
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 2018151
6 Feb 2017 – 31 Dec 2017149

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
BoardJan NicolaysenCurrent
Owner (100%)Jan NicolaysenCurrent
FounderJan NicolaysenCurrent

Address history (1 moves)

c/o Nicolaysen, Hundsbjerg 16, 6300 Gråsten
c/o Nicolaysen, Hundsbjerg 16, 6300 Gråsten

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Questions and answers about Old Cuban Development ApS

Has Old Cuban Development ApS gone bankrupt?

No, Old Cuban Development ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Old Cuban Development ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

When was Old Cuban Development ApS founded?

Old Cuban Development ApS was founded on 6 February 2017.

What is the equity of Old Cuban Development ApS?

Equity was DKK -3,500 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.