Leo Cargo ApS

CVR 42451274 · Private limited company (ApS) · Active · High risk

Leo Cargo ApS is a Private limited company (ApS), founded on , based in Frederikssund. The company is registered in the industry andre post- og kuréraktiviteter. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -411k and a net result of DKK 46k. CEO: Ertan Kaan.

Bankruptcy risk for Leo Cargo ApS

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
42451274
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Nygade 1, st. 16
3600 Frederikssund
Municipality
Frederikssund
Industry
Andre post- og kuréraktiviteter (532000)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-1,736.8%
Current ratio5%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address24
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 91kDKK 1.1mDKK 991k
Net profitDKK 46kDKK 5,485DKK -159k
EquityDKK -411kDKK -457kDKK -463k
Total assetsDKK 24kDKK 103kDKK 197k
CashDKK 0DKK 72k–
Short-term debtDKK 434kDKK 560k–
Tax owedDKK 0DKK 0–

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 202592
1 Jan 2024 – 31 Dec 2024126
1 Jan 2023 – 31 Dec 2023158
1 Jan 2022 – 31 Dec 2022123
9 Jun 2021 – 31 Dec 2021124

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
CEOErtan KaanCurrent
CEOZiya Asci
Owner (100%)Ertan KaanCurrent
Owner (50%)Ziya Asci
Owner (50%)Ertan Kaan
FounderZiya AsciCurrent
FounderErtan KaanCurrent

The CEOs' other companies

Ertan Kaan – 2 other companies

Ziya Asci – 3 other companies, of which 2 bankrupt

Address history (1 moves)

Nygade 1, st. 16, 3600 Frederikssund
Amagerbrogade 202, st., 2300 København S

Former names

Leo Cargo ApS – now
Ze202 ApS –

Other companies at the same address

Similar companies in Frederikssund

Questions and answers about Leo Cargo ApS

Has Leo Cargo ApS gone bankrupt?

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

What is the bankruptcy risk of Leo Cargo ApS?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the CEO of Leo Cargo ApS?

Ertan Kaan is the CEO of Leo Cargo ApS.

When was Leo Cargo ApS founded?

Leo Cargo ApS was founded on 9 June 2021.

What is the equity of Leo Cargo ApS?

Equity was DKK -411k 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.