Jiu Yang ApS

CVR 40221050 · Private limited company (ApS) · Active · High risk

Jiu Yang ApS is a Private limited company (ApS), founded on , based in Valby. The company is registered in the industry passagertransport på bestilling i køretøj med chauffør. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 7 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -67k and a net result of DKK -33k. CEO: Xiao Hong Chen.

Bankruptcy risk for Jiu Yang ApS

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Capital changes1 · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
40221050
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Xiao Hong Chen, Molbechsvej 21, st. 1
2500 Valby
Municipality
København
Industry
Passagertransport på bestilling i køretøj med chauffør (493300)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-48.5%
Current ratio24%
Moves (last 2 years)2
CEO changes in total1
CEO's previous bankruptcies2
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 366kDKK 174k
Net profitDKK -33kDKK -31k
EquityDKK -67kDKK -34k
Total assetsDKK 138kDKK 218k
CashDKK 27k–
Short-term debtDKK 205k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202576
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023188 Late
1 Jan 2022 – 31 Dec 2022192 Late
1 Jan 2021 – 31 Dec 2021157
1 Jan 2020 – 31 Dec 2020189 Late
28 Jan 2019 – 31 Dec 2019216 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
CEOXiao Hong ChenCurrent
CEOLars Peter Majgaard
Owner (100%)Xiao Hong ChenCurrent
Owner (100%)Lars Peter Majgaard
FounderLars Peter MajgaardCurrent

The CEOs' other companies

Xiao Hong Chen – 3 other companies, of which 2 bankrupt

Lars Peter Majgaard – 1 other companies

Address history (3 moves)

c/o Xiao Hong Chen, Molbechsvej 21, st. 1, 2500 Valby
c/o Xiao Hong Chen, Tværhøjen 6, 2670 Greve
c/o Xiao Hong Chen, Pilemosen 10, 2670 Greve
Viborgvej 49, 7470 Karup J

Former names

Jiu Yang ApS – now
Vognmand Lars Peter Majgaard ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Jiu Yang ApS

Has Jiu Yang ApS gone bankrupt?

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

What is the bankruptcy risk of Jiu Yang ApS?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of Jiu Yang ApS?

Xiao Hong Chen is the CEO of Jiu Yang ApS.

When was Jiu Yang ApS founded?

Jiu Yang ApS was founded on 28 January 2019.

What is the equity of Jiu Yang ApS?

Equity was DKK -67k 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.