COYT ApS

CVR 39966646 · Private limited company (ApS) · Active · Medium risk

COYT ApS is a Private limited company (ApS), founded on , based in Vamdrup. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 8 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 -573k and a net result of DKK -495k. CEO: Mikkel Nicolaisen.

Bankruptcy risk for COYT ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Current ratio200%–500% · bankruptcy rate 3.4%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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
39966646
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Justian Kunz, Hafdrupvej 8
6580 Vamdrup
Municipality
Kolding
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-130.1%
Current ratio434%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -373kDKK -21kDKK -34k
Net profitDKK -495kDKK -21kDKK -29k
EquityDKK -573kDKK -77kDKK -57k
Total assetsDKK 440kDKK 34kDKK 33k
CashDKK 271kDKK 710–
Short-term debtDKK 102kDKK 111k–
Avg. employees10–

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 2024179
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022182
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020167
1 Jan 2019 – 31 Dec 2019140
25 Oct 2018 – 31 Dec 2018337 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
CEOMikkel NicolaisenCurrent
BoardDanny Østergaard Hansen
Owner (100%)Mikkel NicolaisenCurrent
FounderMikkel NicolaisenCurrent

The CEOs' other companies

Mikkel Nicolaisen – 1 other companies

Address history (2 moves)

c/o Justian Kunz, Hafdrupvej 8, 6580 Vamdrup
c/o Justian Kunz, Rendebanen 6E, 6000 Kolding
c/o Henrik Nicolaisen, Jørgensgård 51, 6200 Aabenraa

Former names

COYT ApS – now
coyt ivs –

Similar companies in Kolding

Questions and answers about COYT ApS

Has COYT ApS gone bankrupt?

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

What is the bankruptcy risk of COYT ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of COYT ApS?

Mikkel Nicolaisen is the CEO of COYT ApS.

When was COYT ApS founded?

COYT ApS was founded on 24 October 2018.

What is the equity of COYT ApS?

Equity was DKK -573k 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.