Damascus Bazar ApS

CVR 41318643 · Private limited company (ApS) · Active · Medium risk

Damascus Bazar ApS is a Private limited company (ApS), founded on , based in Frederikssund. The company is registered in the industry detailhandel med dagligvarer i supermarkeder og købmandsbutikker. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 (31 Dec 2025) shows equity of DKK 338k and a net result of DKK 51k.

Bankruptcy risk for Damascus Bazar 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
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×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
41318643
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Jernbanegade 9C
3600 Frederikssund
Municipality
Frederikssund
Industry
Detailhandel med dagligvarer i supermarkeder og købmandsbutikker (471120)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 100k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio65.7%
Current ratio275%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 645kDKK 1.1mDKK 405k
Net profitDKK 51kDKK 493kDKK -132k
EquityDKK 338kDKK 286kDKK -207k
Total assetsDKK 514kDKK 799kDKK 865k
CashDKK 165kDKK 641k–
Short-term debtDKK 176kDKK 513k–

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 2025182
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023145
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021167
18 Apr 2020 – 31 Dec 2020169

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
CEOJihan Ahmet Balkotko
Owner (100%)Abbas Fadhel HassanCurrent
Owner (50%)Jihan Ahmet Balkotko
FounderAbbas Fadhel HassanCurrent
FounderJihan Ahmet BalkotkoCurrent

Address history (1 moves)

Jernbanegade 9C, 3600 Frederikssund
Jernbanegade 9C, 3600 Frederikssund

Other companies at the same address

Similar companies in Frederikssund

Questions and answers about Damascus Bazar ApS

Has Damascus Bazar ApS gone bankrupt?

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

What is the bankruptcy risk of Damascus Bazar 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.

When was Damascus Bazar ApS founded?

Damascus Bazar ApS was founded on 18 April 2020.

What is the equity of Damascus Bazar ApS?

Equity was DKK 338k 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.