Billig Autoservice Sydhavn ApS

CVR 38663224 · Private limited company (ApS) · Active · Medium risk

Billig Autoservice Sydhavn ApS is a Private limited company (ApS), founded on , based in København SV. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 8 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 47k and a net result of DKK 68k.

Bankruptcy risk for Billig Autoservice Sydhavn ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
38663224
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Bådehavnsgade 22
2450 København SV
Municipality
København
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 8
Missing annual reportNo
Negative equityNo
Equity ratio40.4%
Current ratio168%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address14
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 132kDKK 77kDKK 35k
Net profitDKK 68kDKK -12kDKK -31k
EquityDKK 47kDKK -21kDKK -8,379
Total assetsDKK 117kDKK 52kDKK 54k
CashDKK 47kDKK 52k–
Short-term debtDKK 70kDKK 73k–
Avg. employees1––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025188 Late
1 Oct 2023 – 30 Sep 2024185 Late
1 Oct 2022 – 30 Sep 2023198 Late
1 Oct 2021 – 30 Sep 2022211 Late
1 Oct 2020 – 30 Sep 20218
1 Oct 2019 – 30 Sep 2020190 Late
1 Oct 2018 – 30 Sep 2019190 Late
29 May 2017 – 30 Sep 2018166

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%)Ruqaya Luay AbbasCurrent
Owner (100%)Simon Søgaard-Pedersen
Owner (100%)Svend Kern Christiansen
FounderSimon Søgaard-PedersenCurrent

Address history (2 moves)

Bådehavnsgade 22, 2450 København SV
Bredgade 30, 1260 København K
Lergravsvej 56, 1. tv, 2300 København S

Former names

Billig Autoservice Sydhavn ApS – now
Billig Autoservice Sydhavn IVS –
IT- & Regnskabskompagniet IVS –

Other companies at the same address

Similar companies in København

Questions and answers about Billig Autoservice Sydhavn ApS

Has Billig Autoservice Sydhavn ApS gone bankrupt?

No, Billig Autoservice Sydhavn ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Billig Autoservice Sydhavn ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

When was Billig Autoservice Sydhavn ApS founded?

Billig Autoservice Sydhavn ApS was founded on 24 May 2017.

What is the equity of Billig Autoservice Sydhavn ApS?

Equity was DKK 47k according to the annual report for the period ending 30 September 2025.

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