QL Solutions ApS

CVR 38424688 · Private limited company (ApS) · Active · Low risk

QL Solutions ApS is a Private limited company (ApS), founded on , based in Vanløse. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.3% 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 544k and a net result of DKK 173k. CEO: Engin Kacar.

Bankruptcy risk for QL Solutions ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
38424688
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Hassouni, Høgholtvej 14, 2. tv
2720 Vanløse
Municipality
København
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio61.5%
Current ratio260%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 228kDKK 327k
Net profitDKK 173kDKK 249k
EquityDKK 544kDKK 371k
Total assetsDKK 885kDKK 654k
CashDKK 885k–
Short-term debtDKK 341k–
Tax owedDKK 53k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202218
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019247 Late
1 Jan 2018 – 31 Dec 2018163
3 Jul 2017 – 31 Dec 2017171

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
CEOEngin KacarCurrent
Owner (50%)Engin KacarCurrent
Owner (50%)Farouk El HassouniCurrent
FounderFarouk El HassouniCurrent

The CEOs' other companies

Engin Kacar – 1 other companies

Address history (2 moves)

c/o Hassouni, Høgholtvej 14, 2. tv, 2720 Vanløse
c/o CY Revision, Borups Alle 117, st., 2000 Frederiksberg
c/o Farouk El Hassouni, Høgholtvej 14, 2. tv, 2720 Vanløse

Former names

QL Solutions ApS – now
Wemba ApS –
Wemba IVS –

Similar companies in København

Questions and answers about QL Solutions ApS

Has QL Solutions ApS gone bankrupt?

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

What is the bankruptcy risk of QL Solutions ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of QL Solutions ApS?

Engin Kacar is the CEO of QL Solutions ApS.

When was QL Solutions ApS founded?

QL Solutions ApS was founded on 15 February 2017.

What is the equity of QL Solutions ApS?

Equity was DKK 544k 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.