Lets Sail Away ApS

CVR 39782987 · Private limited company (ApS) · Active · Medium risk

Lets Sail Away ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 7 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 215k and a net result of DKK -79k.

Bankruptcy risk for Lets Sail Away 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

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Number of CEOs0 · 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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
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×

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
39782987
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o SAGA, KAJPLADS 140, Havnegade 31
1058 København K
Municipality
København
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 50k
Auditor
<p xmlns="http://www.w3.org/1999/xhtml">Advisor Revision</p> <p xmlns="http://www.w3.org/1999/xhtml">Statsautoriseret Revisionsanpartsselskab</p>
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 7
Missing annual reportNo
Negative equityNo
Equity ratio16.4%
Current ratio120%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 45kDKK 897kDKK 321k
Net profitDKK -79kDKK 699kDKK 243k
EquityDKK 215kDKK 294kDKK -405k
Total assetsDKK 1.3mDKK 1.6mDKK 938k
CashDKK 14kDKK 148k–
Short-term debtDKK 1.1mDKK 1.3m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · <p xmlns="http://www.w3.org/1999/xhtml">Advisor Revision</p> <p xmlns="http://www.w3.org/1999/xhtml">Statsautoriseret Revisionsanpartsselskab</p>.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022167
1 Jan 2021 – 31 Dec 2021216 Late
1 Jan 2020 – 31 Dec 2020211 Late
14 Aug 2018 – 31 Dec 2019279 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
CEOJulian Passarge
Owner (100%)Barkowski Holding ApSCurrent
Owner (25%)Julian Passarge
Owner (67%)Barkowski Holding ApS
FounderJulian PassargeCurrent
FounderBarkowski Holding ApSCurrent

The CEOs' other companies

Julian Passarge – 3 other companies, of which 1 bankrupt

Address history (2 moves)

c/o SAGA, KAJPLADS 140, Havnegade 31, 1058 København K
Halmtorvet 9A, 1700 København V
N.J. Fjords Alle 10, kl. tv, 1957 Frederiksberg C

Former names

Lets Sail Away ApS – now
CJP Viability ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Lets Sail Away ApS

Has Lets Sail Away ApS gone bankrupt?

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

What is the bankruptcy risk of Lets Sail Away 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 auditor of Lets Sail Away ApS?

Lets Sail Away ApS most recently used <p xmlns="http://www.w3.org/1999/xhtml">Advisor Revision</p> <p xmlns="http://www.w3.org/1999/xhtml">Statsautoriseret Revisionsanpartsselskab</p>.

When was Lets Sail Away ApS founded?

Lets Sail Away ApS was founded on 14 August 2018.

What is the equity of Lets Sail Away ApS?

Equity was DKK 215k 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.