Movicare ApS

CVR 39582805 · Private limited company (ApS) · Active · Very high risk

Movicare ApS is a Private limited company (ApS), founded on , based in Bagsværd. The company is registered in the industry passagertransport ad vej uden fast køreplan. Our model estimates a bankruptcy risk of 7.2% over the next 12 months, which is 5.1 times the average for Danish companies. 7 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 7.6m and a net result of DKK 704k. CEO: Shahzad Riaz.

Bankruptcy risk for Movicare ApS

7.2%
probability of bankruptcy within 12 months
Very high risk

5.1 × the average (1.41%) · higher risk than 95% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
39582805
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Brudelysvej 17
2880 Bagsværd
Municipality
Gladsaxe
Industry
Passagertransport ad vej uden fast køreplan (493200)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 40k
Auditor
Tetras Statsautoriseret Revisionsanpartsselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityNo
Equity ratio51.1%
Current ratio157%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 15.8mDKK 20.2m
Net profitDKK 704kDKK 2.5m
EquityDKK 7.6mDKK 7.2m
Total assetsDKK 14.9mDKK 15.8m
CashDKK 3.1m–
Short-term debtDKK 7.3m–
Avg. employees32–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Tetras Statsautoriseret Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025196 Late
1 Jan 2024 – 31 Dec 2024204 Late
1 Jan 2023 – 31 Dec 202371
1 Jul 2021 – 30 Jun 202254
1 Jul 2020 – 30 Jun 202174
1 Jul 2019 – 30 Jun 202064
20 May 2018 – 30 Jun 2019201 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

RoleNameFromTo
CEOShahzad RiazCurrent
CEOWahied Riaz
CEOTahseen Nawaz
Owner (100%)SR Invest ApSCurrent
Owner (100%)Wahied Riaz
Owner (100%)Palmgate AB
Owner (100%)Wahied Riaz
Owner (100%)Tahseen Nawaz
Owner (100%)Instacare AB
AuditorTetras Statsautoriseret RevisionsanpartsselskabCurrent
AuditorDanRevision Statsautoriseret Revisionsanpartsselskab
AuditorKreston SR STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderWahied RiazCurrent

The CEOs' other companies

Shahzad Riaz – 6 other companies, of which 1 bankrupt

Wahied Riaz – 8 other companies, of which 4 bankrupt

Tahseen Nawaz – 1 other companies, of which 1 bankrupt

Address history (5 moves)

Brudelysvej 17, 2880 Bagsværd
Industriholmen 80, 2650 Hvidovre
Ørestads Boulevard 73, 2300 København S
c/o Riaz, Kollundvej 6, 2770 Kastrup
c/o Moody B IVS, Ørestads Boulevard 73, 2300 København S
c/o Wahied Riaz, Natalvej 2, 2770 Kastrup

Former names

Movicare ApS – now
Now Autos IVS –

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about Movicare ApS

Has Movicare ApS gone bankrupt?

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

What is the bankruptcy risk of Movicare ApS?

Our model estimates a bankruptcy risk of 7.2% over the next 12 months (very high risk), which is 5.1 times the average for Danish companies.

Who is the CEO of Movicare ApS?

Shahzad Riaz is the CEO of Movicare ApS.

Who is the auditor of Movicare ApS?

Movicare ApS most recently used Tetras Statsautoriseret Revisionsanpartsselskab.

When was Movicare ApS founded?

Movicare ApS was founded on 20 May 2018.

What is the equity of Movicare ApS?

Equity was DKK 7.6m 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.