Coong Logistik ApS

CVR 40275703 · Private limited company (ApS) · Active · Low risk

Coong Logistik ApS is a Private limited company (ApS), founded on , based in Årslev. The company is registered in the industry vejgodstransport. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 3.6m and a net result of DKK 2.1m. CEO: Xin Phan Coong.

Bankruptcy risk for Coong Logistik ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
40275703
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Ringstedgårdsvej 17
5792 Årslev
Municipality
Faaborg-Midtfyn
Industry
Vejgodstransport (494100)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 50k
Auditor
RevisionsCentrum ApS
Audit opted out
No

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio55.9%
Current ratio220%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 13.8mDKK 13.5mDKK 8.8m
Net profitDKK 2.1mDKK 1.7mDKK 427k
EquityDKK 3.6mDKK 2.7mDKK 1.5m
Total assetsDKK 6.5mDKK 4.9mDKK 3.1m
CashDKK 3.6mDKK 2.4m–
Short-term debtDKK 2.8mDKK 2.2m–
Avg. employees2828–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · RevisionsCentrum ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025133
1 Jan 2024 – 31 Dec 2024125
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022149
1 Jan 2021 – 31 Dec 2021113
1 Jan 2020 – 31 Dec 2020176
20 Feb 2019 – 31 Dec 2019176

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
CEOXin Phan CoongCurrent
Owner (5%)Sam CoongCurrent
Owner (90%)PC Holding Fyn ApSCurrent
Owner (90%)Xin Phan Coong
AuditorRevisionsCentrum ApSCurrent
FounderXin Phan CoongCurrent
FounderSam CoongCurrent

The CEOs' other companies

Xin Phan Coong – 4 other companies

Address history (5 moves)

Ringstedgårdsvej 17, 5792 Årslev
Hostrupsvej 10, 5230 Odense M
c/o Phan Coong, Brushanevænget 53, 5270 Odense N
c/o Phan Coong, Hostrupsvej 10, 5230 Odense M
Flaskehalsen 51, 5240 Odense NØ
Kløvervej 40, 5792 Årslev

Similar companies in Faaborg-Midtfyn

Questions and answers about Coong Logistik ApS

Has Coong Logistik ApS gone bankrupt?

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

What is the bankruptcy risk of Coong Logistik ApS?

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

Who is the CEO of Coong Logistik ApS?

Xin Phan Coong is the CEO of Coong Logistik ApS.

Who is the auditor of Coong Logistik ApS?

Coong Logistik ApS most recently used RevisionsCentrum ApS.

When was Coong Logistik ApS founded?

Coong Logistik ApS was founded on 20 February 2019.

What is the equity of Coong Logistik ApS?

Equity was DKK 3.6m 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.