ElEter Biler ApS

CVR 42651222 · Private limited company (ApS) · Active · High risk

ElEter Biler ApS is a Private limited company (ApS), founded on , based in Fredericia. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 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 (31 Dec 2025) shows equity of DKK -486k and a net result of DKK 622k. CEO: Mahmoud Arabi El Eter.

Bankruptcy risk for ElEter Biler ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Industry changes1 · 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×

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
42651222
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o El Eter, Brovadvej 23E
7000 Fredericia
Municipality
Fredericia
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
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-72.8%
Current ratio51%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 1.4mDKK 523kDKK 812k
Net profitDKK 622kDKK -589kDKK -305k
EquityDKK -486kDKK -1.1mDKK -519k
Total assetsDKK 668kDKK 530kDKK 2.3m
CashDKK 43kDKK 80k–
Short-term debtDKK 1.2mDKK 1.6m–
Avg. employees22–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024101
1 Jan 2023 – 31 Dec 2023199 Late
2 Sep 2021 – 31 Dec 2022195 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
CEOMahmoud Arabi El EterCurrent
CEOMohammad Arabi El Eter
CEOMahmoud Arabi El Eter
CEOMohammad Arabi El Eter
Owner (100%)Mahmoud Arabi El EterCurrent
Owner (50%)Mohammad Arabi El Eter
Owner (100%)Mahmoud Arabi El Eter
Owner (50%)Nada Ali Khan
FounderMohammad Arabi El EterCurrent
FounderMahmoud Arabi El EterCurrent

The CEOs' other companies

Mahmoud Arabi El Eter – 1 other companies

Mohammad Arabi El Eter – 1 other companies

Address history (3 moves)

c/o El Eter, Brovadvej 23E, 7000 Fredericia
c/o Mahmoud El Eter, Brovadvej 23E, 7000 Fredericia
c/o Mahmoud El Eter, Ambolten 39, 6000 Kolding
Ullerupdalvej 81, st. th, 7000 Fredericia

Other companies at the same address

Similar companies in Fredericia

Questions and answers about ElEter Biler ApS

Has ElEter Biler ApS gone bankrupt?

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

What is the bankruptcy risk of ElEter Biler ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of ElEter Biler ApS?

Mahmoud Arabi El Eter is the CEO of ElEter Biler ApS.

Who is the auditor of ElEter Biler ApS?

ElEter Biler ApS most recently used Beierholm.

When was ElEter Biler ApS founded?

ElEter Biler ApS was founded on 2 September 2021.

What is the equity of ElEter Biler ApS?

Equity was DKK -486k 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.