Højelsevej ApS

CVR 40774157 · Private limited company (ApS) · Active · Low risk

Højelsevej ApS is a Private limited company (ApS), founded on , based in Køge. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 6 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 1.5m and a net result of DKK -161k. CEO: Ertugrul Karahan.

Bankruptcy risk for Højelsevej ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
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
40774157
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Egøjevej 24
4600 Køge
Municipality
Køge
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
Addere Revisionstatsautoriseret revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio48.9%
Current ratio196%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies6
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -119kDKK 4.0m
Net profitDKK -161kDKK 2.8m
EquityDKK 1.5mDKK 1.7m
Total assetsDKK 3.1mDKK 6.0m
CashDKK 193k–
Short-term debtDKK 1.6m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Addere Revisionstatsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025112
1 Oct 2023 – 30 Sep 2024171
1 Oct 2022 – 30 Sep 2023198 Late
1 Oct 2021 – 30 Sep 2022182
1 Oct 2020 – 30 Sep 2021137
10 Sep 2019 – 30 Sep 2020162

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
CEOErtugrul KarahanCurrent
Owner (100%)Karahan Holding ApSCurrent
AuditorSR REVISION GODKENDT REVISIONSAKTIESELSKAB
AuditorDanica Godkendt Revisionsfirma ApS
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderKarahan Holding ApSCurrent

The CEOs' other companies

Ertugrul Karahan – 11 other companies, of which 7 bankrupt

Address history (1 moves)

Egøjevej 24, 4600 Køge
Torvet 17A, 4600 Køge

Other companies at the same address

Similar companies in Køge

Questions and answers about Højelsevej ApS

Has Højelsevej ApS gone bankrupt?

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

What is the bankruptcy risk of Højelsevej ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Højelsevej ApS?

Ertugrul Karahan is the CEO of Højelsevej ApS.

Who is the auditor of Højelsevej ApS?

Højelsevej ApS most recently used Addere Revisionstatsautoriseret revisionspartnerselskab.

When was Højelsevej ApS founded?

Højelsevej ApS was founded on 10 September 2019.

What is the equity of Højelsevej ApS?

Equity was DKK 1.5m according to the annual report for the period ending 30 September 2025.

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