S&P - CITY ApS

CVR 41783869 · Private limited company (ApS) · Active · Low risk

S&P - CITY ApS is a Private limited company (ApS), founded on , based in Herlev. The company is registered in the industry forsikringsagenters og forsikringsmægleres aktiviteter. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 5 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 85k and a net result of DKK -29k. CEO: Waled Mahmoud Farag Nazmy Lotfy Hakim.

Bankruptcy risk for S&P - CITY ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×

Reduces the risk

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×

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
41783869
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Söderberg & Partners, Hørkær 18, 3.
2730 Herlev
Municipality
Herlev
Industry
Forsikringsagenters og forsikringsmægleres aktiviteter (662200)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityNo
Equity ratio22.0%
Current ratio128%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -7,204DKK 995kDKK 1.4m
Net profitDKK -29kDKK -39kDKK 61k
EquityDKK 85kDKK 115kDKK 154k
Total assetsDKK 388kDKK 413kDKK 508k
CashDKK 376kDKK 391k–
Short-term debtDKK 303kDKK 299k–
Tax owedDKK 0DKK 15k–
Avg. employees22–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025157
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022181
22 Oct 2020 – 31 Dec 2021187 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
CEOWaled Mahmoud Farag Nazmy Lotfy HakimCurrent
Owner (50%)Kasper Magelund Holding ApSCurrent
Owner (50%)TrygVagt ApsCurrent
FounderKasper Magelund Holding ApSCurrent

Address history (3 moves)

c/o Söderberg & Partners, Hørkær 18, 3., 2730 Herlev
c/o Söderberg & Partners, Borupvang 2B, 2750 Ballerup
Solkær 17, st. tv, 2605 Brøndby
Valdemarsgade 50, 1. tv, 1665 København V

Other companies at the same address

Similar companies in Herlev

Questions and answers about S&P - CITY ApS

Has S&P - CITY ApS gone bankrupt?

No, S&P - CITY ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of S&P - CITY ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of S&P - CITY ApS?

Waled Mahmoud Farag Nazmy Lotfy Hakim is the CEO of S&P - CITY ApS.

When was S&P - CITY ApS founded?

S&P - CITY ApS was founded on 22 October 2020.

What is the equity of S&P - CITY ApS?

Equity was DKK 85k 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.