Flip ApS

CVR 43084518 · Private limited company (ApS) · Active · Low risk

Flip ApS is a Private limited company (ApS), founded on , based in Valby. The company is registered in the industry drift af øvrige spisesteder. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 401k and a net result of DKK 83k. CEO: Eray Ilgaz.

Bankruptcy risk for Flip ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%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×
Registered owners3 · bankruptcy rate 6.2%0.71×

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
43084518
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Gammel Køge Landevej 28, st.
2500 Valby
Municipality
København
Industry
Drift af øvrige spisesteder (561190)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio35.9%
Current ratio70%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.5mDKK 1.3mDKK 874k
Net profitDKK 83kDKK 227kDKK 54k
EquityDKK 401kDKK 317kDKK 91k
Total assetsDKK 1.1mDKK 1.0mDKK 1.0m
CashDKK 486kDKK 320k–
Short-term debtDKK 700kDKK 711k–
Tax owedDKK 44kDKK 0–
Avg. employees33–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202585
1 Jan 2024 – 31 Dec 2024133
1 Jan 2023 – 31 Dec 202382
25 Feb 2022 – 31 Dec 2022175

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
CEOEray IlgazCurrent
Owner (33%)Eray IlgazCurrent
Owner (33%)Myumyun Sali BayramaliCurrent
Owner (33%)Tanju YurttasCurrent
Owner (50%)Eray Ilgaz
Owner (50%)Yusuf Sadol Holding ApS
FounderEray IlgazCurrent

The CEOs' other companies

Eray Ilgaz – 1 other companies

Address history (2 moves)

Gammel Køge Landevej 28, st., 2500 Valby
Gammel Køge Landevej 28, st., 2500 Valby
Strandlodsvej 15A, 2300 København S

Other companies at the same address

Similar companies in København

Questions and answers about Flip ApS

Has Flip ApS gone bankrupt?

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

What is the bankruptcy risk of Flip ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Flip ApS?

Eray Ilgaz is the CEO of Flip ApS.

When was Flip ApS founded?

Flip ApS was founded on 25 February 2022.

What is the equity of Flip ApS?

Equity was DKK 401k 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.