Istanbul Bazar Nr 1 ApS

CVR 43130757 · Private limited company (ApS) · Active · Very high risk

Istanbul Bazar Nr 1 ApS is a Private limited company (ApS), founded on , based in København NV. The company is registered in the industry detailhandel med frugt og grøntsager. Our model estimates a bankruptcy risk of 18.5% over the next 12 months, which is 13.2 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 (31 Dec 2025) shows equity of DKK 531k and a net result of DKK 271k. CEO: Zol-Fikar Al-Hulo.

Bankruptcy risk for Istanbul Bazar Nr 1 ApS

18.5%
probability of bankruptcy within 12 months
Very high risk

13.2 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%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×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
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
43130757
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Frederiksborgvej 17
2400 København NV
Municipality
København
Industry
Detailhandel med frugt og grøntsager (472100)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Sønderup Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityNo
Equity ratio5.0%
Current ratio90%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 4.0mDKK 2.0mDKK -170k
Net profitDKK 271kDKK 475kDKK -307k
EquityDKK 531kDKK 260kDKK -215k
Total assetsDKK 10.7mDKK 4.3mDKK 59k
CashDKK 4.9mDKK 1.3m–
Short-term debtDKK 10.2mDKK 4.1m–
Tax owedDKK 188kDKK 48k–
Avg. employees07–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · Sønderup Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025237 Late
1 Jan 2024 – 31 Dec 2024218 Late
1 Jan 2023 – 31 Dec 2023169
16 Mar 2022 – 31 Dec 2022162

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
CEOZol-Fikar Al-HuloCurrent
Owner (100%)Zol-Fikar Al-HuloCurrent
FounderZol-Fikar Al-HuloCurrent

Address history (3 moves)

Frederiksborgvej 17, 2400 København NV
Frederiksborgvej 13, 2400 København NV
Frederiksborgvej 17, 2400 København NV
Frederikssundsvej 26B, 2400 København NV

Former names

Istanbul Bazar Nr 1 ApS – now
Zolfi Marked ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Istanbul Bazar Nr 1 ApS

Has Istanbul Bazar Nr 1 ApS gone bankrupt?

No, Istanbul Bazar Nr 1 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Istanbul Bazar Nr 1 ApS?

Our model estimates a bankruptcy risk of 18.5% over the next 12 months (very high risk), which is 13.2 times the average for Danish companies.

Who is the CEO of Istanbul Bazar Nr 1 ApS?

Zol-Fikar Al-Hulo is the CEO of Istanbul Bazar Nr 1 ApS.

Who is the auditor of Istanbul Bazar Nr 1 ApS?

Istanbul Bazar Nr 1 ApS most recently used Sønderup Godkendt Revisionsaktieselskab.

When was Istanbul Bazar Nr 1 ApS founded?

Istanbul Bazar Nr 1 ApS was founded on 16 March 2022.

What is the equity of Istanbul Bazar Nr 1 ApS?

Equity was DKK 531k 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.