Palaz ApS

CVR 39951673 · Private limited company (ApS) · Active · Low risk

Palaz ApS is a Private limited company (ApS), founded on , based in Padborg. The company is registered in the industry engroshandel med rengøringsmidler. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 183k and a net result of DKK 14k. CEO: Ümit Palaz.

Bankruptcy risk for Palaz ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
39951673
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Bovvej 9
6330 Padborg
Municipality
Aabenraa
Industry
Engroshandel med rengøringsmidler (464420)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio88.2%
Current ratio767%
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 year20252024
Gross profitDKK 19kDKK 15k
Net profitDKK 14kDKK 11k
EquityDKK 183kDKK 169k
Total assetsDKK 208kDKK 197k
CashDKK 101k–
Short-term debtDKK 24k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202564
1 Jan 2024 – 31 Dec 2024104
1 Jan 2023 – 31 Dec 202361
1 Jan 2022 – 31 Dec 202260
1 Jan 2021 – 31 Dec 202162
1 Jan 2020 – 31 Dec 202076
18 Oct 2018 – 31 Dec 2019139

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
CEOÜmit PalazCurrent
Owner (100%)Ümit PalazCurrent
FounderÜmit PalazCurrent

Address history (0 moves)

Bovvej 9, 6330 Padborg

Former names

Palaz ApS – now
Palaz IVS –

Similar companies in Aabenraa

Questions and answers about Palaz ApS

Has Palaz ApS gone bankrupt?

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

What is the bankruptcy risk of Palaz ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Palaz ApS?

Ümit Palaz is the CEO of Palaz ApS.

Who is the auditor of Palaz ApS?

Palaz ApS most recently used Sønderjyllands Revision, Statsautoriseret revisionsaktieselskab.

When was Palaz ApS founded?

Palaz ApS was founded on 18 October 2018.

What is the equity of Palaz ApS?

Equity was DKK 183k 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.