City Wax ApS

CVR 38637665 · Private limited company (ApS) · Active · Low risk

City Wax ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry skønhedspleje og anden skønhedsbehandling. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 70k and a net result of DKK -235k.

Bankruptcy risk for City Wax ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Capital changes1 · 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
38637665
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Godthåbsvej 70, st.
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Skønhedspleje og anden skønhedsbehandling (962200)
Bankruptcies in the industry: Frisørsaloner
Share capital
DKK 40k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio19.7%
Current ratio77%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.9mDKK 1.9mDKK 2.0m
Net profitDKK -235kDKK 223kDKK 308k
EquityDKK 70kDKK 373kDKK 211k
Total assetsDKK 353kDKK 566kDKK 431k
CashDKK 103kDKK 387k–
Short-term debtDKK 284kDKK 193k–
Tax owed–DKK 0–
Avg. employees44–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 202337
1 Jan 2022 – 31 Dec 2022103
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019236 Late
1 Jan 2018 – 31 Dec 2018176
12 May 2017 – 31 Dec 2017154

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%)LAY Holding ApSCurrent
Owner (100%)Youssef Koulij
FounderYoussef KoulijCurrent

Address history (2 moves)

Godthåbsvej 70, st., 2000 Frederiksberg
Godthåbsvej 70, st., 2000 Frederiksberg
Vildtbaneparken 85, 2635 Ishøj

Former names

City Wax ApS – now
City wax IVS –

Employees per year

Number of employees at City Wax ApS per year112018: 12018

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about City Wax ApS

Has City Wax ApS gone bankrupt?

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

What is the bankruptcy risk of City Wax ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

When was City Wax ApS founded?

City Wax ApS was founded on 12 May 2017.

What is the equity of City Wax ApS?

Equity was DKK 70k 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.