VAVAP ApS

CVR 43638084 · Private limited company (ApS) · Active · Very high risk

VAVAP ApS is a Private limited company (ApS), founded on , based in Brøndby Strand. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -234k and a net result of DKK -362k. CEO: Zilvinas Zidulis.

Bankruptcy risk for VAVAP ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
43638084
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Tjørnevangen 2, 1.
2660 Brøndby Strand
Municipality
Brøndby
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-71.5%
Current ratio43%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 917kDKK 2.5mDKK 2.3m
Gross profitDKK 253kDKK 1.7mDKK 509k
Net profitDKK -362kDKK 222kDKK -67k
EquityDKK -234kDKK 195kDKK -27k
Total assetsDKK 328kDKK 1.0mDKK 133k
CashDKK 7,613DKK 104k–
Short-term debtDKK 562kDKK 811k–

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 2025128
1 Jan 2024 – 31 Dec 2024148
10 Nov 2022 – 31 Dec 2023136

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
CEOZilvinas ZidulisCurrent
Owner (100%)Zilvinas ZidulisCurrent
FounderZilvinas ZidulisCurrent

Address history (0 moves)

Tjørnevangen 2, 1., 2660 Brøndby Strand

Other companies at the same address

Similar companies in Brøndby

Questions and answers about VAVAP ApS

Has VAVAP ApS gone bankrupt?

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

What is the bankruptcy risk of VAVAP ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of VAVAP ApS?

Zilvinas Zidulis is the CEO of VAVAP ApS.

When was VAVAP ApS founded?

VAVAP ApS was founded on 10 November 2022.

What is the equity of VAVAP ApS?

Equity was DKK -234k 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.