Istegade 40A ApS

CVR 43505556 · Private limited company (ApS) · Active · Low risk

Istegade 40A ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry detailhandel med kioskvarer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 458k and a net result of DKK 339k. CEO: Wasaim Riaz.

Bankruptcy risk for Istegade 40A ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×

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
43505556
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Istedgade 40A
1650 København V
Municipality
København
Industry
Detailhandel med kioskvarer (471110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio91.7%
Current ratio1,202%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.7mDKK 1.3mDKK 0
Net profitDKK 339kDKK 129kDKK 0
EquityDKK 458kDKK 40kDKK 40k
Total assetsDKK 499kDKK 356kDKK 40k
CashDKK 92kDKK 102k–
Short-term debtDKK 42kDKK 316k–
Tax owedDKK 1,144DKK 36k–
Avg. employees54–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024174
1 Sep 2022 – 31 Dec 2023182

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
CEOWasaim RiazCurrent
Owner (100%)W R Holding ApSCurrent
FounderW R Holding ApSCurrent

The CEOs' other companies

Wasaim Riaz – 2 other companies, of which 1 bankrupt

Address history (0 moves)

Istedgade 40A, 1650 København V

Other companies at the same address

Similar companies in København

Questions and answers about Istegade 40A ApS

Has Istegade 40A ApS gone bankrupt?

No, Istegade 40A ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Istegade 40A ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Istegade 40A ApS?

Wasaim Riaz is the CEO of Istegade 40A ApS.

When was Istegade 40A ApS founded?

Istegade 40A ApS was founded on 1 September 2022.

What is the equity of Istegade 40A ApS?

Equity was DKK 458k 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.