Format Biler ApS

CVR 42916935 · Private limited company (ApS) · Active · Medium risk

Format Biler ApS is a Private limited company (ApS), founded on , based in Hillerød. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer 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. The latest annual report (31 Dec 2025) shows equity of DKK 32k and a net result of DKK -18k. CEO: Shermin Ismail Koch.

Bankruptcy risk for Format Biler 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×
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
42916935
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Gefionsvej 11
3400 Hillerød
Municipality
Hillerød
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio29.5%
Current ratio142%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 91kDKK 74kDKK -11k
Net profitDKK -18kDKK 60kDKK -73k
EquityDKK 32kDKK 50kDKK -10k
Total assetsDKK 109kDKK 65kDKK 64k
CashDKK 49kDKK 25k–
Short-term debtDKK 77kDKK 16k–
Tax owedDKK 0DKK 0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202599
1 Jan 2024 – 31 Dec 2024101
1 Jan 2023 – 31 Dec 2023158
18 Dec 2021 – 31 Dec 2022151

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
CEOShermin Ismail KochCurrent
Owner (100%)Shermin Ismail KochCurrent
Owner (100%)Dzhan Gyuchlyu
FounderDzhan GyuchlyuCurrent

Address history (1 moves)

Gefionsvej 11, 3400 Hillerød
Gammelgårdsvej 92, 3520 Farum

Other companies at the same address

Similar companies in Hillerød

Questions and answers about Format Biler ApS

Has Format Biler ApS gone bankrupt?

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

What is the bankruptcy risk of Format Biler 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 Format Biler ApS?

Shermin Ismail Koch is the CEO of Format Biler ApS.

When was Format Biler ApS founded?

Format Biler ApS was founded on 18 December 2021.

What is the equity of Format Biler ApS?

Equity was DKK 32k 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.