My Concept ApS

CVR 43834967 · Private limited company (ApS) · Active · Very high risk

My Concept ApS is a Private limited company (ApS), founded on , based in Stoholm Jyll. The company is registered in the industry detailhandel med møbler. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 2 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -691k and a net result of DKK -287k.

Bankruptcy risk for My Concept ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
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×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Registered owners3 · bankruptcy rate 6.2%0.71×
Industry changes1 · bankruptcy rate 6.5%0.74×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
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
43834967
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Udsigten 7
7850 Stoholm Jyll
Municipality
Viborg
Industry
Detailhandel med møbler (475510)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
RevisionsHuset-Viborg
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-60.6%
Current ratio65%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -264k–
Net profitDKK -287k–
EquityDKK -691k–
Total assetsDKK 1.1m–
CashDKK 48k–
Short-term debtDKK 1.7m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisionsHuset-Viborg.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025190 Late
24 Jan 2023 – 30 Jun 2024187 Late

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
Owner (50%)Hakan KiraliCurrent
Owner (25%)Bülent ÜlgütCurrent
Owner (25%)Corina ÜlgütCurrent
Owner (50%)Bülent Ülgüt
FounderBülent ÜlgütCurrent
FounderHakan KiraliCurrent

Address history (0 moves)

Udsigten 7, 7850 Stoholm Jyll

Former names

My Concept ApS – now
Ceranit ApS –

Similar companies in Viborg

Questions and answers about My Concept ApS

Has My Concept ApS gone bankrupt?

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

What is the bankruptcy risk of My Concept ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the auditor of My Concept ApS?

My Concept ApS most recently used RevisionsHuset-Viborg.

When was My Concept ApS founded?

My Concept ApS was founded on 24 January 2023.

What is the equity of My Concept ApS?

Equity was DKK -691k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.