UNTERWERK ApS

CVR 43042416 · Private limited company (ApS) · Active · Low risk

UNTERWERK ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.6m and a net result of DKK 76k. CEO: Mazyar Abolfazlian.

Bankruptcy risk for UNTERWERK ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
43042416
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Hveensgade 4
8000 Aarhus C
Municipality
Aarhus
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio76.1%
Current ratio360%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address36
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 813kDKK 677kDKK 776k
Net profitDKK 76kDKK -25kDKK 69k
EquityDKK 1.6mDKK 1.6mDKK 1.8m
Total assetsDKK 2.1mDKK 2.0mDKK 2.2m
CashDKK 442kDKK 601k–
Short-term debtDKK 227kDKK 116k–
Avg. employees01–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202514
1 Jan 2024 – 31 Dec 202437
1 Jan 2023 – 31 Dec 202325
1 Jan 2022 – 31 Dec 202220

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
CEOMazyar AbolfazlianCurrent
Owner (100%)UBERWERK ApSCurrent
Owner (100%)Mazyar Abolfazlian
FounderMazyar AbolfazlianCurrent

The CEOs' other companies

Mazyar Abolfazlian – 4 other companies

Address history (1 moves)

Hveensgade 4, 8000 Aarhus C
Tranebærkæret 2, 8220 Brabrand

Other companies at the same address

Similar companies in Aarhus

Questions and answers about UNTERWERK ApS

Has UNTERWERK ApS gone bankrupt?

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

What is the bankruptcy risk of UNTERWERK ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of UNTERWERK ApS?

Mazyar Abolfazlian is the CEO of UNTERWERK ApS.

When was UNTERWERK ApS founded?

UNTERWERK ApS was founded on 8 February 2022.

What is the equity of UNTERWERK ApS?

Equity was DKK 1.6m 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.