North Market ApS
CVR 38670565 · Private limited company (ApS) · Dissolved after bankruptcy
North Market ApS is a Private limited company (ApS), founded on , based in Helsingør. The company is registered in the industry ikke-specialiseret engroshandel med føde-, drikke- og tobaksvarer. North Market ApS went bankrupt on – 4.9 years after it was founded. 4 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 2020) shows equity of DKK -495k and a net result of DKK 10k.
Bankruptcy
- Bankruptcy date
- Status
- Dissolved after bankruptcy
- Age at bankruptcy
- 4.9 years
Company details
- CVR number
- 38670565
- Status
- Dissolved after bankruptcy
- Company type
- Private limited company (ApS)
- Founded
- Ceased
- Address
- I L Tvedes Vej 16
3000 Helsingør - Municipality
- Helsingør
- Industry
- Ikke-specialiseret engroshandel med føde-, drikke- og tobaksvarer (463900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 50k
- Employees
- 2 (2018)
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 2 of 4 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -210.8% |
| Current ratio | 8% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 0 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2020 | 2019 |
|---|---|---|
| Gross profit | DKK 302k | DKK 239k |
| Net profit | DKK 10k | DKK 1,165 |
| Equity | DKK -495k | DKK -505k |
| Total assets | DKK 235k | DKK 239k |
| Cash | DKK 37k | – |
| Short-term debt | DKK 729k | – |
| Tax owed | DKK 2,876 | – |
Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2020 – 31 Dec 2020 | 119 | ||
| 1 Jan 2019 – 31 Dec 2019 | 220 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 150 | ||
| 24 May 2017 – 31 Dec 2017 | 240 | Late |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Ayman Ayyad | ||
| CEO | Mustafa Øzcan | ||
| Owner (100%) | Ayman Ayyad | ||
| Owner (50%) | Shazaib Hasham Qasim | ||
| Owner (50%) | Shazaib Hasham Qasim | ||
| Owner (50%) | Mustafa Øzcan | ||
| Owner (100%) | Mustafa Øzcan | ||
| Founder | Ayman Ayyad | ||
| Founder | Shazaib Hasham Qasim |
The CEOs' other companies
Ayman Ayyad – 1 other companies, of which 1 bankrupt
- saffran aps Bankrupt 11 Sep 2019
Mustafa Øzcan – 1 other companies
- VOLKAN ApS Compulsorily dissolved
Address history (1 moves)
| I L Tvedes Vej 16, 3000 Helsingør | |
| I L Tvedes Vej 16, 3000 Helsingør |
Employees per year
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- SUKRIN DANMARK ApS Hornbæk
- Olufsen & Larsen ApS Snekkersten
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Questions and answers about North Market ApS
Has North Market ApS gone bankrupt?
Yes. North Market ApS went bankrupt on 13 April 2022.
When was North Market ApS founded?
North Market ApS was founded on 24 May 2017.
What is the equity of North Market ApS?
Equity was DKK -495k according to the annual report for the period ending 31 December 2020.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.