Hospitality and Retail Systems ApS

CVR 40453857 · Private limited company (ApS) · Active · Medium risk

Hospitality and Retail Systems ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 -105k and a net result of DKK -13k. CEO: Viacheslav Mikhaylovich Ovchinnikov.

Bankruptcy risk for Hospitality and Retail Systems ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% 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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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×
Age (years)5–10 yrs · bankruptcy rate 7.0%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
40453857
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o ECOVIS Danmark, Vendersgade 28, st.
1363 København K
Municipality
København
Industry
Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Auditor
Ecovis Danmark
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-124.5%
Current ratio45%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address45
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -13kDKK -34kDKK -29k
Net profitDKK -13kDKK -34kDKK -29k
EquityDKK -105kDKK -92kDKK -57k
Total assetsDKK 84kDKK 81kDKK 67k
Short-term debtDKK 189kDKK 173k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Ecovis Danmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020180
15 Apr 2019 – 31 Dec 2019266 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
CEOViacheslav Mikhaylovich OvchinnikovCurrent
Owner (100%)HRS (Hospitality And Retail Systems) LTDCurrent
FounderHRS (Hospitality And Retail Systems) LTDCurrent

Address history (1 moves)

c/o ECOVIS Danmark, Vendersgade 28, st., 1363 København K
Store Kongensgade 36, 3. th, 1264 København K

Other companies at the same address

Similar companies in København

Questions and answers about Hospitality and Retail Systems ApS

Has Hospitality and Retail Systems ApS gone bankrupt?

No, Hospitality and Retail Systems ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Hospitality and Retail Systems 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 Hospitality and Retail Systems ApS?

Viacheslav Mikhaylovich Ovchinnikov is the CEO of Hospitality and Retail Systems ApS.

Who is the auditor of Hospitality and Retail Systems ApS?

Hospitality and Retail Systems ApS most recently used Ecovis Danmark.

When was Hospitality and Retail Systems ApS founded?

Hospitality and Retail Systems ApS was founded on 15 April 2019.

What is the equity of Hospitality and Retail Systems ApS?

Equity was DKK -105k 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.