Up 2 Eleven ApS

CVR 43838873 · Private limited company (ApS) · Active · Medium risk

Up 2 Eleven ApS is a Private limited company (ApS), founded on , based in Nykøbing F. The company is registered in the industry detailhandel med bagværk og konfekture. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 404k and a net result of DKK 94k. CEO: Rami Karrar Mizal, Hussein Ahmed Noaman Al-Rubaye.

Bankruptcy risk for Up 2 Eleven ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
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×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
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×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
43838873
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Torvet 2, kl.
4800 Nykøbing F
Municipality
Guldborgsund
Industry
Detailhandel med bagværk og konfekture (472400)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityNo
Equity ratio18.7%
Current ratio103%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.9mDKK 1.6m
Net profitDKK 94kDKK -121k
EquityDKK 404kDKK 311k
Total assetsDKK 2.2mDKK 1.7m
CashDKK 173k–
Short-term debtDKK 1.7m–
Avg. employees5–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025138
1 Jan 2024 – 31 Dec 2024180
15 Jan 2023 – 31 Dec 2023191 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
CEORami Karrar MizalCurrent
CEOHussein Ahmed Noaman Al-RubayeCurrent
Owner (33%)Rami Karrar MizalCurrent
Owner (33%)Hussein Ahmed Noaman Al-RubayeCurrent
Owner (100%)Karrar Hashim Mizal
FounderKarrar Hashim MizalCurrent

Address history (0 moves)

Torvet 2, kl., 4800 Nykøbing F

Other companies at the same address

Similar companies in Guldborgsund

Questions and answers about Up 2 Eleven ApS

Has Up 2 Eleven ApS gone bankrupt?

No, Up 2 Eleven ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Up 2 Eleven ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Up 2 Eleven ApS?

Rami Karrar Mizal, Hussein Ahmed Noaman Al-Rubaye are the CEOs of Up 2 Eleven ApS.

When was Up 2 Eleven ApS founded?

Up 2 Eleven ApS was founded on 15 January 2023.

What is the equity of Up 2 Eleven ApS?

Equity was DKK 404k 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.