IT-point ApS

CVR 38650114 · Private limited company (ApS) · Active · Medium risk

IT-point ApS is a Private limited company (ApS), founded on , based in Odense M. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 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 -55k and a net result of DKK -90k. CEO: Ibrahim Ahmad Abou Hussein.

Bankruptcy risk for IT-point ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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×
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
38650114
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Billedskærervej 16
5230 Odense M
Municipality
Odense
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 100k
Employees
0 (2018)
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-11.8%
Current ratio90%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -115kDKK -110kDKK -290k
Net profitDKK -90kDKK -88kDKK -235k
EquityDKK -55kDKK 34kDKK 172k
Total assetsDKK 471kDKK 630kDKK 816k
CashDKK 1,698DKK 599k–
Short-term debtDKK 526kDKK 596k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024148
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022167
1 Jan 2021 – 31 Dec 2021130
1 Jan 2020 – 31 Dec 2020112
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018100
17 May 2017 – 31 Dec 2017108

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
CEOIbrahim Ahmad Abou HusseinCurrent
Owner (100%)it-point Holding ApSCurrent
Founderit-point Holding ApSCurrent

The CEOs' other companies

Ibrahim Ahmad Abou Hussein – 4 other companies

Address history (1 moves)

Billedskærervej 16, 5230 Odense M
Tagtækkervej 9, 5230 Odense M

Employees per year

Number of employees at IT-point ApS per year112017: 120172018: 02018

Other companies at the same address

Similar companies in Odense

Questions and answers about IT-point ApS

Has IT-point ApS gone bankrupt?

No, IT-point ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of IT-point ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of IT-point ApS?

Ibrahim Ahmad Abou Hussein is the CEO of IT-point ApS.

Who is the auditor of IT-point ApS?

IT-point ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was IT-point ApS founded?

IT-point ApS was founded on 17 May 2017.

What is the equity of IT-point ApS?

Equity was DKK -55k 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.