City Car Leasing ApS

CVR 40711864 · Private limited company (ApS) · Active · Low risk

City Car Leasing ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 6 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 2.3m and a net result of DKK 786k. CEO: Jonas Azadzoy.

Bankruptcy risk for City Car Leasing ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · 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
40711864
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Orebygårdvej 5
7400 Herning
Municipality
Herning
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio45.3%
Current ratio183%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.9mDKK 920k
Net profitDKK 786kDKK 21k
EquityDKK 2.3mDKK 1.5m
Total assetsDKK 5.1mDKK 4.8m
Short-term debtDKK 2.8m–
Tax owedDKK 226k–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025162
1 Jul 2023 – 30 Jun 2024207 Late
1 Jul 2022 – 30 Jun 2023194 Late
1 Jul 2021 – 30 Jun 2022118
1 Jul 2020 – 30 Jun 2021161
6 Jun 2019 – 30 Jun 2020106

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
CEOJonas AzadzoyCurrent
Owner (100%)Jonas AzadzoyCurrent
Owner (33%)Ahmad Suhrab Farooqi
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorK.T. REVISION Godkendt Revisionsanpartsselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJonas AzadzoyCurrent
FounderAhmad Suhrab FarooqiCurrent

The CEOs' other companies

Jonas Azadzoy – 3 other companies, of which 1 bankrupt

Address history (3 moves)

Orebygårdvej 5, 7400 Herning
Hjaltesvej 12, 7500 Holstebro
Taksvej 7, 7400 Herning
Industriparken 11, 7400 Herning

Former names

City Car Leasing ApS – now
City Leasing ApS –
Income Auto ApS –

Other companies at the same address

Similar companies in Herning

Questions and answers about City Car Leasing ApS

Has City Car Leasing ApS gone bankrupt?

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

What is the bankruptcy risk of City Car Leasing ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of City Car Leasing ApS?

Jonas Azadzoy is the CEO of City Car Leasing ApS.

Who is the auditor of City Car Leasing ApS?

City Car Leasing ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was City Car Leasing ApS founded?

City Car Leasing ApS was founded on 6 June 2019.

What is the equity of City Car Leasing ApS?

Equity was DKK 2.3m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.