Wizard Racing ApS

CVR 42530115 · Private limited company (ApS) · Active · High risk

Wizard Racing ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry detailhandel med motorcykler samt reservedele og tilbehør dertil. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 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 -549k and a net result of DKK -164k. CEO: Søren Faarbæk Nielsen.

Bankruptcy risk for Wizard Racing ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% 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 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×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
42530115
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Søren Faarbæk Nielsen, Amagerbrogade 79, 2. tv
2300 København S
Municipality
København
Industry
Detailhandel med motorcykler samt reservedele og tilbehør dertil (478300)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-218.0%
Current ratio19%
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 -129kDKK -114kDKK -118k
Net profitDKK -164kDKK -144kDKK -144k
EquityDKK -549kDKK -385kDKK -241k
Total assetsDKK 252kDKK 236kDKK 210k
CashDKK 6,621DKK 7,246–
Short-term debtDKK 801kDKK 621k–

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 2025182
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023196 Late
1 Jan 2022 – 31 Dec 2022196 Late
6 Jul 2021 – 31 Dec 2021190 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
CEOSøren Faarbæk NielsenCurrent
Owner (100%)Søren Faarbæk NielsenCurrent
FounderSøren Faarbæk NielsenCurrent

Address history (1 moves)

c/o Søren Faarbæk Nielsen, Amagerbrogade 79, 2. tv, 2300 København S
Laplandsgade 6, 2300 København S

Similar companies in København

Questions and answers about Wizard Racing ApS

Has Wizard Racing ApS gone bankrupt?

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

What is the bankruptcy risk of Wizard Racing ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of Wizard Racing ApS?

Søren Faarbæk Nielsen is the CEO of Wizard Racing ApS.

When was Wizard Racing ApS founded?

Wizard Racing ApS was founded on 6 July 2021.

What is the equity of Wizard Racing ApS?

Equity was DKK -549k 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.