Drivecation ApS

CVR 41904569 · Private limited company (ApS) · Active · High risk

Drivecation ApS is a Private limited company (ApS), founded on , based in Søborg. The company is registered in the industry drift af køreskoler. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 5 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -80k and a net result of DKK -95k. CEO: Hasnain Ali.

Bankruptcy risk for Drivecation ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
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 auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
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×

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
41904569
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Høje Gladsaxe 32, 3. tv
2860 Søborg
Municipality
Gladsaxe
Industry
Drift af køreskoler (855300)
Bankruptcies in the industry: Anden undervisning i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-190.1%
Current ratio35%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 332kDKK 516kDKK 346k
Net profitDKK -95kDKK 28kDKK 5,323
EquityDKK -80kDKK 16kDKK -12k
Total assetsDKK 42kDKK 223kDKK 51k
CashDKK 25kDKK 207k–
Short-term debtDKK 121kDKK 207k–

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 2025195 Late
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022195 Late
26 Nov 2020 – 31 Dec 2021175

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
CEOHasnain AliCurrent
Owner (100%)Hasnain AliCurrent
FounderHasnain AliCurrent

Address history (0 moves)

Høje Gladsaxe 32, 3. tv, 2860 Søborg

Similar companies in Gladsaxe

Questions and answers about Drivecation ApS

Has Drivecation ApS gone bankrupt?

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

What is the bankruptcy risk of Drivecation ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of Drivecation ApS?

Hasnain Ali is the CEO of Drivecation ApS.

When was Drivecation ApS founded?

Drivecation ApS was founded on 26 November 2020.

What is the equity of Drivecation ApS?

Equity was DKK -80k 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.