Ristorante Palermo Varde ApS

CVR 38794825 · Private limited company (ApS) · Active · High risk

Ristorante Palermo Varde ApS is a Private limited company (ApS), founded on , based in Varde. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 9 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -367k and a net result of DKK 116k. CEO: Ayse Yilmaz.

Bankruptcy risk for Ristorante Palermo Varde ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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×

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
38794825
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Hjertingvej 17
6800 Varde
Municipality
Varde
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 50k
Employees
15 (2018)
Auditor
Danica
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-188.3%
Current ratio21%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 1.2mDKK 1.6mDKK 1.6m
Net profitDKK 116kDKK 52kDKK 151k
EquityDKK -367kDKK -483kDKK -535k
Total assetsDKK 195kDKK 272kDKK 334k
CashDKK 47kDKK 47k–
Short-term debtDKK 561kDKK 755k–
Avg. employees54–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 2026118
1 Jul 2024 – 30 Jun 2025162
1 Jul 2023 – 30 Jun 2024117
1 Jul 2022 – 30 Jun 2023103
1 Jul 2021 – 30 Jun 202279
1 Jul 2020 – 30 Jun 202149
1 Jul 2019 – 30 Jun 202050
1 Jul 2018 – 30 Jun 2019129
1 Jul 2017 – 30 Jun 201834

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
CEOAyse YilmazCurrent
CEOBurak Durmus
CEODöndü Akcay
Owner (100%)Ayse YilmazCurrent
Owner (100%)Burak Durmus
Owner (100%)Döndü Akcay
Owner (100%)Burak Durmus
Owner (100%)Döndü Akcay
FounderBurak DurmusCurrent

The CEOs' other companies

Burak Durmus – 2 other companies, of which 1 bankrupt

Döndü Akcay – 1 other companies, of which 1 bankrupt

Address history (1 moves)

Hjertingvej 17, 6800 Varde
Arnbjerggade 5, 2. th, 6800 Varde

Former names

Ristorante Palermo Varde ApS – now
Ristorante Palermo Varde IVS –

Employees per year

Number of employees at Ristorante Palermo Varde ApS per year8152017: 1320172018: 152018

Other companies at the same address

Similar companies in Varde

Questions and answers about Ristorante Palermo Varde ApS

Has Ristorante Palermo Varde ApS gone bankrupt?

No, Ristorante Palermo Varde ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Ristorante Palermo Varde ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of Ristorante Palermo Varde ApS?

Ayse Yilmaz is the CEO of Ristorante Palermo Varde ApS.

Who is the auditor of Ristorante Palermo Varde ApS?

Ristorante Palermo Varde ApS most recently used Danica.

When was Ristorante Palermo Varde ApS founded?

Ristorante Palermo Varde ApS was founded on 1 July 2017.

What is the equity of Ristorante Palermo Varde ApS?

Equity was DKK -367k according to the annual report for the period ending 30 June 2025.

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