KONDOR DEVELOPMENT A/S

CVR 42691607 · Public limited company (A/S) · Active · Low risk

KONDOR DEVELOPMENT A/S is a Public limited company (A/S), founded on , based in København SV. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 4 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.9m and a net result of DKK -114k. CEO: Dorel-Alexie Haiduc.

Bankruptcy risk for KONDOR DEVELOPMENT A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Company typeA/S · bankruptcy rate 4.4%0.50×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
42691607
Status
Active
Company type
Public limited company (A/S)
Founded
(5 years)
Address
c/o Dragos Cazacu, Willy Brandts Vej 9, 1. mf
2450 København SV
Municipality
København
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 3.4m
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityNo
Equity ratio54.1%
Current ratio854%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -150kDKK -45k
Net profitDKK -114kDKK 7,192
EquityDKK 2.9mDKK 3.0m
Total assetsDKK 5.3mDKK 5.4m
CashDKK 3.1m–
Short-term debtDKK 381k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202574
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023163
17 Sep 2021 – 31 Dec 2022198 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
CEODorel-Alexie HaiducCurrent
CEODragos Cazacu
CEORazvan-Lucian Bugnariu
CEODragos Cazacu
BoardDorel-Alexie HaiducCurrent
BoardAngela-Cornelia CozmaCurrent
BoardConstanta-Silvia CeoceaCurrent
Owner (67%)CONSTRUCTII COMPLEXE BUZAU SACurrent
Owner (5%)Dragos Cazacu
Owner (5%)Dorel-Alexie Haiduc
Owner (20%)Angela-Cornelia Cozma
Owner (15%)Condor Depozite S.R.L.
Owner (5%)CONDOR LOGISTIC IMOBILIARE S.R.L.
Owner (33%)CONDOR TCM S.A.
Owner (5%)CONSTRUCTII COMPLEXE BUZAU SA
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderDragos CazacuCurrent

The CEOs' other companies

Dragos Cazacu – 3 other companies

Address history (2 moves)

c/o Dragos Cazacu, Willy Brandts Vej 9, 1. mf, 2450 København SV
c/o Razvan-Lucian Bugnariu, Rebæk Søpark 5, 3. 410, 2650 Hvidovre
Willy Brandts Vej 9, 1. mf, 2450 København SV

Other companies at the same address

Similar companies in København

Questions and answers about KONDOR DEVELOPMENT A/S

Has KONDOR DEVELOPMENT A/S gone bankrupt?

No, KONDOR DEVELOPMENT A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KONDOR DEVELOPMENT A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of KONDOR DEVELOPMENT A/S?

Dorel-Alexie Haiduc is the CEO of KONDOR DEVELOPMENT A/S.

Who is the auditor of KONDOR DEVELOPMENT A/S?

KONDOR DEVELOPMENT A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was KONDOR DEVELOPMENT A/S founded?

KONDOR DEVELOPMENT A/S was founded on 17 September 2021.

What is the equity of KONDOR DEVELOPMENT A/S?

Equity was DKK 2.9m 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.