Toast Time ApS

CVR 42726869 · Private limited company (ApS) · Active · Medium risk

Toast Time ApS is a Private limited company (ApS), founded on , based in Søborg. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 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 -965k and a net result of DKK -8,728. CEO: Genco Cift.

Bankruptcy risk for Toast Time ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% 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×
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×

Reduces the risk

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×
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×
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
42726869
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Genco Cift, Rosendal 2A
2860 Søborg
Municipality
Gladsaxe
Industry
Anden finansiel formidling i.a.n. (649990)
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-17,226.4%
Current ratio1%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -8,728DKK -6,144
Net profitDKK -8,728DKK -6,144
EquityDKK -965kDKK -956k
Total assetsDKK 5,601DKK 5,629
CashDKK 1–
Short-term debtDKK 970k–
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%)Toast Time Holding ApSCurrent
FounderToast Time Holding ApSCurrent

The CEOs' other companies

Genco Cift – 1 other companies

Address history (2 moves)

c/o Genco Cift, Rosendal 2A, 2860 Søborg
c/o Genco Cift, Rosendal 2A, 2860 Søborg
Syrenkæden 14, 2670 Greve

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about Toast Time ApS

Has Toast Time ApS gone bankrupt?

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

What is the bankruptcy risk of Toast Time ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Toast Time ApS?

Genco Cift is the CEO of Toast Time ApS.

Who is the auditor of Toast Time ApS?

Toast Time ApS most recently used Bays Revisionskontor.

When was Toast Time ApS founded?

Toast Time ApS was founded on 30 September 2021.

What is the equity of Toast Time ApS?

Equity was DKK -965k 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.