badstudio ApS

CVR 38998382 · Private limited company (ApS) · Active · High risk

badstudio ApS is a Private limited company (ApS), founded on , based in Frederikssund. The company is registered in the industry murerarbejde. Our model estimates a bankruptcy risk of 5.8% over the next 12 months, which is 4.1 times the average for Danish companies. 8 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 4,302 and a net result of DKK -2,326. CEO: Kerem Ciftci.

Bankruptcy risk for badstudio ApS

5.8%
probability of bankruptcy within 12 months
High risk

4.1 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
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
38998382
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Heimdalsvej 17, 2. th
3600 Frederikssund
Municipality
Frederikssund
Industry
Murerarbejde (439100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 8
Missing annual reportNo
Negative equityNo
Equity ratio5.4%
Current ratio106%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -10kDKK 675DKK 1,285
Net profitDKK -2,326DKK 11kDKK 13k
EquityDKK 4,302DKK 1,976DKK 13k
Total assetsDKK 80kDKK 72kDKK 106k
CashDKK 40kDKK 2,381–
Short-term debtDKK 76kDKK 70k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025194 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022200 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020204 Late
1 Jan 2019 – 31 Dec 2019253 Late
6 Oct 2017 – 31 Dec 2018147

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
CEOKerem CiftciCurrent
Owner (100%)Taste of Bagel Holding ApSCurrent
Owner (100%)Kerem Ciftci
FounderTaste of Bagel Holding ApSCurrent

The CEOs' other companies

Kerem Ciftci – 1 other companies

Address history (3 moves)

Heimdalsvej 17, 2. th, 3600 Frederikssund
Mellemskovvej 1, 3450 Allerød
Flodvej 75, 2765 Smørum
Heimdalsvej 17, 2. th, 3600 Frederikssund

Former names

badstudio ApS – now
Proarts ApS –
Advanced Car Logistics ApS –
Concrete Design ApS –
Taste of Bagel Stenløse ApS –

Other companies at the same address

Similar companies in Frederikssund

Questions and answers about badstudio ApS

Has badstudio ApS gone bankrupt?

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

What is the bankruptcy risk of badstudio ApS?

Our model estimates a bankruptcy risk of 5.8% over the next 12 months (high risk), which is 4.1 times the average for Danish companies.

Who is the CEO of badstudio ApS?

Kerem Ciftci is the CEO of badstudio ApS.

When was badstudio ApS founded?

badstudio ApS was founded on 6 October 2017.

What is the equity of badstudio ApS?

Equity was DKK 4,302 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.