Toast Time Holding ApS

CVR 42722006 · Private limited company (ApS) · Active · Medium risk

Toast Time Holding ApS is a Private limited company (ApS), founded on , based in Greve. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 (30 Sep 2025) shows equity of DKK -8,763 and a net result of DKK -1,228. CEO: Genco Cift.

Bankruptcy risk for Toast Time Holding ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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×

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
42722006
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Syrenkæden 14
2670 Greve
Municipality
Greve
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Bays Revisionskontor
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-219,075.0%
Current ratio0%
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 year20252024
Gross profitDKK -1,228DKK -1,188
Net profitDKK -1,228DKK -1,188
EquityDKK -8,763DKK -7,535
Total assetsDKK 4DKK 32
CashDKK 4–
Short-term debtDKK 8,767–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025112
1 Oct 2023 – 30 Sep 2024109
1 Oct 2022 – 30 Sep 2023117
30 Sep 2021 – 30 Sep 2022193 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
CEOGenco CiftCurrent
Owner (100%)Genco CiftCurrent
FounderGenco CiftCurrent

The CEOs' other companies

Genco Cift – 1 other companies

Address history (0 moves)

Syrenkæden 14, 2670 Greve

Similar companies in Greve

Questions and answers about Toast Time Holding ApS

Has Toast Time Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Toast Time Holding ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Toast Time Holding ApS?

Genco Cift is the CEO of Toast Time Holding ApS.

Who is the auditor of Toast Time Holding ApS?

Toast Time Holding ApS most recently used Bays Revisionskontor.

When was Toast Time Holding ApS founded?

Toast Time Holding ApS was founded on 30 September 2021.

What is the equity of Toast Time Holding ApS?

Equity was DKK -8,763 according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.