Grand Sultan Restaurant ApS

CVR 42320706 · Private limited company (ApS) · Active · High risk

Grand Sultan Restaurant ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 4 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -32k and a net result of DKK -65k. CEO: Oksana Nikodimova.

Bankruptcy risk for Grand Sultan Restaurant ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionNordjylland · bankruptcy rate 6.5%0.74×
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
42320706
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Dragsbækvej 70
7700 Thisted
Municipality
Thisted
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-16.9%
Current ratio35%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 537kDKK 587k
Net profitDKK -65kDKK 4,437
EquityDKK -32kDKK 34k
Total assetsDKK 188kDKK 222k
CashDKK 33k–
Short-term debtDKK 220k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025169
1 Jul 2023 – 30 Jun 2024192 Late
1 Jul 2022 – 30 Jun 2023172
20 Apr 2021 – 30 Jun 2022188 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
CEOOksana NikodimovaCurrent
Owner (100%)Oksana NikodimovaCurrent
FounderOksana NikodimovaCurrent

Address history (1 moves)

Dragsbækvej 70, 7700 Thisted
Dragsbækvej 70, 7700 Thisted

Other companies at the same address

Similar companies in Thisted

Questions and answers about Grand Sultan Restaurant ApS

Has Grand Sultan Restaurant ApS gone bankrupt?

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

What is the bankruptcy risk of Grand Sultan Restaurant ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Grand Sultan Restaurant ApS?

Oksana Nikodimova is the CEO of Grand Sultan Restaurant ApS.

Who is the auditor of Grand Sultan Restaurant ApS?

Grand Sultan Restaurant ApS most recently used Beierholm.

When was Grand Sultan Restaurant ApS founded?

Grand Sultan Restaurant ApS was founded on 20 April 2021.

What is the equity of Grand Sultan Restaurant ApS?

Equity was DKK -32k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.