CY1 ApS

CVR 40369686 · Private limited company (ApS) · Active · Low risk

CY1 ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 21.2m and a net result of DKK -712k.

Bankruptcy risk for CY1 ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
40369686
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Cemal Yigen, Kastetvej 56, st. th
9000 Aalborg
Municipality
Aalborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio8,882%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -4,879DKK -4,754
Net profitDKK -712kDKK 1.5m
EquityDKK 21.2mDKK 21.9m
Total assetsDKK 21.2mDKK 22.3m
CashDKK 0–
Short-term debtDKK 7,128–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019177
7 Dec 2018 – 31 Dec 2018158

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
CEOCemal Yigen
Owner (100%)Cemal YigenCurrent

The CEOs' other companies

Cemal Yigen – 4 other companies

Address history (0 moves)

c/o Cemal Yigen, Kastetvej 56, st. th, 9000 Aalborg

Other companies at the same address

Similar companies in Aalborg

Questions and answers about CY1 ApS

Has CY1 ApS gone bankrupt?

No, CY1 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of CY1 ApS?

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

Who is the auditor of CY1 ApS?

CY1 ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was CY1 ApS founded?

CY1 ApS was founded on 13 February 2019.

What is the equity of CY1 ApS?

Equity was DKK 21.2m 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.