Phoenicia Development ApS
CVR 42060526 · Private limited company (ApS) · Active · Low risk
Phoenicia Development ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 5 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 -18k and a net result of DKK -66k. CEO: Hassan Ali Bazzi.
Bankruptcy risk for Phoenicia Development ApS
0.6 × the average (1.41%) · higher risk than 69% of active Danish companies
Increases the risk
Reduces the risk
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
- 42060526
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (5 years)
- Address
- c/o KRING Speedbooting 2019 ApS, Ragnagade 7
2100 København Ø - Municipality
- København
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 47k
- Auditor
- Ullits & Winther, Statsautoriseret Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 2 of 5 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -58.4% |
| Current ratio | 0% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 92 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -57k | DKK -6,250 |
| Net profit | DKK -66k | DKK -2,507 |
| Equity | DKK -18k | DKK 48k |
| Total assets | DKK 31k | DKK 54k |
| Short-term debt | DKK 48k | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Ullits & Winther, Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 181 | ||
| 1 Jan 2024 – 31 Dec 2024 | 335 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 180 | ||
| 1 Jan 2022 – 31 Dec 2022 | 185 | Late | |
| 26 Jan 2021 – 31 Dec 2021 | 180 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Hassan Ali Bazzi | Current | |
| CEO | Hassan Ali Bazzi | ||
| Owner (100%) | Hassan Ali Bazzi | Current | |
| Auditor | KPMG P/S | ||
| Founder | Hassan Ali Bazzi | Current |
The CEOs' other companies
Hassan Ali Bazzi – 1 other companies
- Nuna Technologies ApS Active
Address history (0 moves)
| c/o KRING Speedbooting 2019 ApS, Ragnagade 7, 2100 København Ø |
Other companies at the same address
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- CANVISION ApS Bankrupt
- CECA FORMUEINVEST ApS Bankrupt
- Driftsselskabet af 30. juni 2025 ApS Bankrupt
- EURUS SAFE GÆLDSBREV KONTO 2009 I ApS Bankrupt
- Farol Capital ApS Bankrupt
- HAMILTON HUMAN RESOURCES ApS Bankrupt
- Holdingselskabet af 30. juni 2025 ApS Bankrupt
- INVESTERINGSSELSKABET DITUS I A/S Bankrupt
- Lasagna ApS Bankrupt
- MADTILALLE A/S Bankrupt
- NORDIC AGGREGATORS ApS Bankrupt
- VENTCO ENERGY ApS Bankrupt
- ALBA Procurement ApS Active
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- Aescolab ApS Active
- BLUE PROPERTIES A/S Fusioneret
- BLUE PROPERTIES CAPITAL ApS Fusioneret
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- Blackbird Holding ApS Active
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- C & C TRAVEL A/S Active
- C&C Innovation I ApS Active
- CASA FRIHEDEN ApS Opløst
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Questions and answers about Phoenicia Development ApS
Has Phoenicia Development ApS gone bankrupt?
No, Phoenicia Development ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Phoenicia Development 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 Phoenicia Development ApS?
Hassan Ali Bazzi is the CEO of Phoenicia Development ApS.
Who is the auditor of Phoenicia Development ApS?
Phoenicia Development ApS most recently used Ullits & Winther, Statsautoriseret Revisionspartnerselskab.
When was Phoenicia Development ApS founded?
Phoenicia Development ApS was founded on 26 January 2021.
What is the equity of Phoenicia Development ApS?
Equity was DKK -18k 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.