Kite ApS

CVR 39769875 · Private limited company (ApS) · Active · Low risk

Kite ApS is a Private limited company (ApS), founded on , based in Hedehusene. The company is registered in the industry passagertransport på bestilling i køretøj med chauffør. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 111k and a net result of DKK 11k.

Bankruptcy risk for Kite ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · 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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
39769875
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Saqib Khan, Kallerupvej 40
2640 Hedehusene
Municipality
Høje-Taastrup
Industry
Passagertransport på bestilling i køretøj med chauffør (493300)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio55.5%
Current ratio119%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 695kDKK 749kDKK 684k
Net profitDKK 11kDKK 70kDKK -11k
EquityDKK 111kDKK 100kDKK 30k
Total assetsDKK 201kDKK 191kDKK 147k
CashDKK 103kDKK 57k–
Short-term debtDKK 89kDKK 90k–
Tax owedDKK 0DKK 19k–
Avg. employees22–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202540
1 Jan 2024 – 31 Dec 2024118
1 Jan 2023 – 31 Dec 202366
1 Jan 2022 – 31 Dec 202255
1 Jan 2021 – 31 Dec 202176
1 Jan 2020 – 31 Dec 202099
8 Aug 2018 – 31 Dec 2019150

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
Owner (100%)Saqib KhanCurrent
Owner (33%)Shahzad Riaz
Owner (100%)Palmpharma Nr 2 AB
Owner (100%)Riaz Invest ApS
FounderNadeem RiazCurrent

Address history (4 moves)

c/o Saqib Khan, Kallerupvej 40, 2640 Hedehusene
c/o Saqib Khan, Høje Gladsaxe 59, 4. th, 2860 Søborg
c/o Saqib Khan, Smedeland 7, 2600 Glostrup
c/o Saqib Khan, Høje Gladsaxe 59, 4. th, 2860 Søborg
c/o Riaz, Kollundvej 6, 2770 Kastrup

Former names

Kite ApS – now
Kite IVS –

Similar companies in Høje-Taastrup

Questions and answers about Kite ApS

Has Kite ApS gone bankrupt?

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

What is the bankruptcy risk of Kite ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

When was Kite ApS founded?

Kite ApS was founded on 8 August 2018.

What is the equity of Kite ApS?

Equity was DKK 111k 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.