SquareX ApS

CVR 39816784 · Private limited company (ApS) · Active · Low risk

SquareX ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 7 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.3m and a net result of DKK 316k. CEO: Tahir Riaz.

Bankruptcy risk for SquareX ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · 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
39816784
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Tahir Riaz, Skipper Clements Gade 5, 2. th
9000 Aalborg
Municipality
Aalborg
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio36.1%
Current ratio74%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 869kDKK 505kDKK 1.5m
Net profitDKK 316kDKK 154kDKK 829k
EquityDKK 1.3mDKK 1.0mDKK 853k
Total assetsDKK 3.6mDKK 2.2mDKK 2.2m
CashDKK 179kDKK 269k–
Short-term debtDKK 2.3mDKK 1.2m–
Tax owedDKK 55k––
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021151
1 Jan 2020 – 31 Dec 2020151
27 Aug 2018 – 31 Dec 2019244 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
CEOTahir RiazCurrent
Owner (100%)Pi Square ApSCurrent
FounderPi Square ApSCurrent

The CEOs' other companies

Tahir Riaz – 1 other companies

Address history (1 moves)

c/o Tahir Riaz, Skipper Clements Gade 5, 2. th, 9000 Aalborg
c/o Tahir Riaz, Søbakkevej 60, 8381 Tilst

Former names

SquareX ApS – now
EstateSquare ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about SquareX ApS

Has SquareX ApS gone bankrupt?

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

What is the bankruptcy risk of SquareX ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of SquareX ApS?

Tahir Riaz is the CEO of SquareX ApS.

When was SquareX ApS founded?

SquareX ApS was founded on 27 August 2018.

What is the equity of SquareX ApS?

Equity was DKK 1.3m 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.