IT & IoT solutions ApS

CVR 40780297 · Private limited company (ApS) · Active · Medium risk

IT & IoT solutions ApS is a Private limited company (ApS), founded on , based in Albertslund. The company is registered in the industry it-infrastruktur, databehandling, hosting og relaterede aktiviteter. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 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 (31 Dec 2025) shows equity of DKK -221k and a net result of DKK -92k.

Bankruptcy risk for IT & IoT solutions ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

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×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
40780297
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Herstedvang 8
2620 Albertslund
Municipality
Albertslund
Industry
IT-infrastruktur, databehandling, hosting og relaterede aktiviteter (631000)
Bankruptcies in the industry: Webportaler
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-1,187.8%
Current ratio8%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address117
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -92kDKK 52kDKK 75k
Net profitDKK -92kDKK 11kDKK 8,098
EquityDKK -221kDKK -129kDKK -140k
Total assetsDKK 19kDKK 143kDKK 132k
CashDKK 19kDKK 143k–
Short-term debtDKK 240kDKK 272k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023189 Late
1 Jan 2022 – 31 Dec 202223
1 Jan 2021 – 31 Dec 2021179
12 Sep 2019 – 31 Dec 2020123

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
CEOMuhammad Saad Ali
Owner (100%)Executive Holding ApSCurrent
Owner (100%)Muhammad Saad Ali
FounderExecutive Holding ApSCurrent

The CEOs' other companies

Muhammad Saad Ali – 3 other companies, of which 2 bankrupt

Address history (2 moves)

Herstedvang 8, 2620 Albertslund
Smedeholm 13B, 2730 Herlev
Rentemestervej 80, 2400 København NV

Former names

IT & IoT solutions ApS – now
speedio ApS –

Other companies at the same address

Similar companies in Albertslund

Questions and answers about IT & IoT solutions ApS

Has IT & IoT solutions ApS gone bankrupt?

No, IT & IoT solutions ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of IT & IoT solutions ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

When was IT & IoT solutions ApS founded?

IT & IoT solutions ApS was founded on 12 September 2019.

What is the equity of IT & IoT solutions ApS?

Equity was DKK -221k 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.