Bulgar Time ApS

CVR 42478032 · Private limited company (ApS) · Active · Low risk

Bulgar Time ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry anden kunstnerisk skaben. 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. The latest annual report (31 Dec 2025) shows equity of DKK 36k and a net result of DKK -31k.

Bankruptcy risk for Bulgar Time 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

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
42478032
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Sara Johansen, Frederiksholms Kanal 28C, st.
1220 København K
Municipality
København
Industry
Anden kunstnerisk skaben (901300)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 40k
Auditor
Rønne Revision I/S
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio21.5%
Current ratio1,461%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -28kDKK 44kDKK 69k
Net profitDKK -31kDKK 32kDKK 45k
EquityDKK 36kDKK 67kDKK 36k
Total assetsDKK 170kDKK 205kDKK 171k
CashDKK 73kDKK 112k–
Short-term debtDKK 12kDKK 19k–
Tax owedDKK 0DKK 7,964–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Rønne Revision I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025163
1 Jan 2024 – 31 Dec 2024147
1 Jan 2023 – 31 Dec 2023116
1 Jan 2022 – 31 Dec 2022151
8 Jun 2021 – 31 Dec 2021116

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
CEOHeidi Møller Christiansen
Owner (100%)Rua da Hera ApSCurrent
Owner (50%)MØLLER THOMSEN HOLDING ApS
Owner (50%)Rua da Hera ApS
Owner (33%)MØLLER THOMSEN HOLDING ApS
FounderMØLLER THOMSEN HOLDING ApSCurrent

The CEOs' other companies

Heidi Møller Christiansen – 1 other companies

Address history (1 moves)

c/o Sara Johansen, Frederiksholms Kanal 28C, st., 1220 København K
Skodsborg Strandvej 110, 2942 Skodsborg

Other companies at the same address

Similar companies in København

Questions and answers about Bulgar Time ApS

Has Bulgar Time ApS gone bankrupt?

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

What is the bankruptcy risk of Bulgar Time 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 auditor of Bulgar Time ApS?

Bulgar Time ApS most recently used Rønne Revision I/S.

When was Bulgar Time ApS founded?

Bulgar Time ApS was founded on 8 June 2021.

What is the equity of Bulgar Time ApS?

Equity was DKK 36k 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.