Sultan ApS

CVR 42612928 · Private limited company (ApS) · Active · Low risk

Sultan ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry passagertransport på bestilling i køretøj med chauffør. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 134k and a net result of DKK 20k. CEO: Halil Bastas.

Bankruptcy risk for Sultan ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · 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×

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
42612928
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Legaldesk.dk ApS, Njalsgade 21F, 2.
2300 København S
Municipality
København
Industry
Passagertransport på bestilling i køretøj med chauffør (493300)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio72.7%
Current ratio214%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address951
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 547kDKK 484k
Net profitDKK 20kDKK -37k
EquityDKK 134kDKK 114k
Total assetsDKK 185kDKK 177k
CashDKK 100k–
Short-term debtDKK 50k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202551
1 Jan 2024 – 31 Dec 2024161
1 Jan 2023 – 31 Dec 2023130
19 Aug 2021 – 31 Dec 202289

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
CEOHalil BastasCurrent
Owner (100%)Halil BastasCurrent
FounderHalil BastasCurrent

Address history (3 moves)

c/o Legaldesk.dk ApS, Njalsgade 21F, 2., 2300 København S
c/o Qiaowen Huang, Turkisvej 1B, 2730 Herlev
c/o Qiaowen Huang, Hvidovrevej 88A, 1. th, 2610 Rødovre
c/o Qiaowen Huang, Hvidovrevej 85, 1., 2650 Hvidovre

Other companies at the same address

Similar companies in København

Questions and answers about Sultan ApS

Has Sultan ApS gone bankrupt?

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

What is the bankruptcy risk of Sultan ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Sultan ApS?

Halil Bastas is the CEO of Sultan ApS.

When was Sultan ApS founded?

Sultan ApS was founded on 19 August 2021.

What is the equity of Sultan ApS?

Equity was DKK 134k 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.