City 98 1 ApS

CVR 40189203 · Private limited company (ApS) · Active · Low risk

City 98 1 ApS is a Private limited company (ApS), founded on , based in Brønshøj. 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, 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 72k and a net result of DKK -66k. CEO: Ceylan Bag.

Bankruptcy risk for City 98 1 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · 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×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
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
40189203
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Kobbelvænget 19, 2. tv
2700 Brønshøj
Municipality
København
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 late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio13.8%
Current ratio79%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 228kDKK 210k
Net profitDKK -66kDKK -19k
EquityDKK 72kDKK 138k
Total assetsDKK 526kDKK 348k
CashDKK 90k–
Short-term debtDKK 198k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022160
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020179
21 Jan 2019 – 31 Dec 2019245 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
CEOCeylan BagCurrent
Owner (50%)Erdogan PolatCurrent
Owner (50%)Ceylan BagCurrent
Owner (100%)Hugo Donners Holding ApS
Owner (100%)Ceylan Bag
FounderBent Hugo Kohl DonnerCurrent

Address history (1 moves)

Kobbelvænget 19, 2. tv, 2700 Brønshøj
Ålekistevej 150, 2720 Vanløse

Former names

City 98 1 ApS – now
City 98 1 IVS –
City 98 IVS –

Other companies at the same address

Similar companies in København

Questions and answers about City 98 1 ApS

Has City 98 1 ApS gone bankrupt?

No, City 98 1 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of City 98 1 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.

Who is the CEO of City 98 1 ApS?

Ceylan Bag is the CEO of City 98 1 ApS.

When was City 98 1 ApS founded?

City 98 1 ApS was founded on 21 January 2019.

What is the equity of City 98 1 ApS?

Equity was DKK 72k 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.