SAYSPICE ApS

CVR 42732583 · Private limited company (ApS) · Active · Very high risk

SAYSPICE ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry detailhandel med andre fødevarer. Our model estimates a bankruptcy risk of 12.6% over the next 12 months, which is 9.0 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 (30 Jun 2025) shows equity of DKK 0 and a net result of DKK -40k. CEO: Simon Paag, Mads Villensteen Haulund.

Bankruptcy risk for SAYSPICE ApS

12.6%
probability of bankruptcy within 12 months
Very high risk

9.0 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×

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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · 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×

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
42732583
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Mads Haulund, Bentzonsvej 51, st. tv
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Detailhandel med andre fødevarer (472700)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityNo
Equity ratio–
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 0DKK 0
Net profitDKK -40kDKK 0
EquityDKK 0DKK 40k
Total assetsDKK 0DKK 40k
CashDKK 0–
Short-term debtDKK 0–
Tax owedDKK 0–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025200 Late
1 Jul 2023 – 30 Jun 2024207 Late
1 Jul 2022 – 30 Jun 202322
1 Oct 2021 – 30 Jun 2022173

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
CEOSimon PaagCurrent
CEOMads Villensteen HaulundCurrent
Owner (50%)PAAG HOLDINGS ApSCurrent
Owner (50%)MAVIHA HOLDING ApSCurrent
FounderPAAG HOLDINGS ApSCurrent
FounderMAVIHA HOLDING ApSCurrent

The CEOs' other companies

Simon Paag – 11 other companies, of which 3 bankrupt

Mads Villensteen Haulund – 3 other companies, of which 1 bankrupt

Address history (0 moves)

c/o Mads Haulund, Bentzonsvej 51, st. tv, 2000 Frederiksberg

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about SAYSPICE ApS

Has SAYSPICE ApS gone bankrupt?

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

What is the bankruptcy risk of SAYSPICE ApS?

Our model estimates a bankruptcy risk of 12.6% over the next 12 months (very high risk), which is 9.0 times the average for Danish companies.

Who is the CEO of SAYSPICE ApS?

Simon Paag, Mads Villensteen Haulund are the CEOs of SAYSPICE ApS.

When was SAYSPICE ApS founded?

SAYSPICE ApS was founded on 1 October 2021.

What is the equity of SAYSPICE ApS?

Equity was DKK 0 according to the annual report for the period ending 30 June 2025.

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