IBService ApS

CVR 39099047 · Private limited company (ApS) · Active · Medium risk

IBService ApS is a Private limited company (ApS), founded on , based in København NV. The company is registered in the industry drift af bedemandsforretninger og begravelsesvæsen. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 8 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 8,923 and a net result of DKK -44k. CEO: Muhammad Nauman Mushtaq.

Bankruptcy risk for IBService ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
39099047
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o IBService ApS, Frederikssundsvej 60B
2400 København NV
Municipality
København
Industry
Drift af bedemandsforretninger og begravelsesvæsen (963000)
Bankruptcies in the industry: Frisørsaloner
Share capital
DKK 50k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 8
Missing annual reportNo
Negative equityNo
Equity ratio5.5%
Current ratio93%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 130kDKK 235kDKK 206k
Net profitDKK -44kDKK 92kDKK 61k
EquityDKK 8,923DKK 53kDKK -39k
Total assetsDKK 164kDKK 227kDKK 209k
CashDKK 60kDKK 95k–
Short-term debtDKK 155kDKK 174k–
Tax owedDKK 0DKK 27k–

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 2024187 Late
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 2021204 Late
1 Jan 2020 – 31 Dec 2020197 Late
1 Jan 2019 – 31 Dec 2019241 Late
20 Nov 2017 – 31 Dec 2018179

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
CEOMuhammad Nauman MushtaqCurrent
Owner (100%)Muhammad Nauman MushtaqCurrent
FounderMuhammad Nauman MushtaqCurrent

Address history (1 moves)

c/o IBService ApS, Frederikssundsvej 60B, 2400 København NV
Vester Farimagsgade 1, 1606 København V

Employees per year

Number of employees at IBService ApS per year112018: 02018

Other companies at the same address

Similar companies in København

Questions and answers about IBService ApS

Has IBService ApS gone bankrupt?

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

What is the bankruptcy risk of IBService ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of IBService ApS?

Muhammad Nauman Mushtaq is the CEO of IBService ApS.

When was IBService ApS founded?

IBService ApS was founded on 20 November 2017.

What is the equity of IBService ApS?

Equity was DKK 8,923 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.