Karga ApS

CVR 38896121 · Private limited company (ApS) · Active · Medium risk

Karga ApS is a Private limited company (ApS), founded on , based in Rødovre. The company is registered in the industry drift af dagspa, saunaer og dampbade. 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. The latest annual report (30 Nov 2025) shows equity of DKK -200k and a net result of DKK 40k. CEO: Erhan Karakus.

Bankruptcy risk for Karga 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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
38896121
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Ved Voldgraven 36
2610 Rødovre
Municipality
Rødovre
Industry
Drift af dagspa, saunaer og dampbade (962300)
Bankruptcies in the industry: Frisørsaloner
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-3,409.6%
Current ratio3%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 44kDKK 17k
Net profitDKK 40kDKK 14k
EquityDKK -200kDKK -241k
Total assetsDKK 5,878DKK 9,976
CashDKK 5,217–
Short-term debtDKK 206k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Dec 2024 – 30 Nov 2025148
1 Dec 2023 – 30 Nov 2024182
1 Dec 2022 – 30 Nov 2023181
1 Dec 2021 – 30 Nov 202299
1 Dec 2020 – 30 Nov 2021140
1 Dec 2019 – 30 Nov 2020147
1 Dec 2018 – 30 Nov 2019116
29 Aug 2017 – 30 Nov 2018137

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
CEOErhan KarakusCurrent
Owner (100%)Erhan KarakusCurrent
FounderErhan KarakusCurrent

The CEOs' other companies

Erhan Karakus – 2 other companies, of which 1 bankrupt

Address history (1 moves)

Ved Voldgraven 36, 2610 Rødovre
Henrik Ibsens Vej 36, 3. th, 1813 Frederiksberg C

Former names

Karga ApS – now
Karga Byg ApS –
Timucin ApS –

Employees per year

Number of employees at Karga ApS per year112018: 12018

Other companies at the same address

Similar companies in Rødovre

Questions and answers about Karga ApS

Has Karga ApS gone bankrupt?

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

What is the bankruptcy risk of Karga 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.

Who is the CEO of Karga ApS?

Erhan Karakus is the CEO of Karga ApS.

When was Karga ApS founded?

Karga ApS was founded on 29 August 2017.

What is the equity of Karga ApS?

Equity was DKK -200k according to the annual report for the period ending 30 November 2025.

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