Fri Transport ApS

CVR 43884905 · Private limited company (ApS) · Active · Very high risk

Fri Transport ApS is a Private limited company (ApS), founded on , based in Ballerup. The company is registered in the industry vejgodstransport. Our model estimates a bankruptcy risk of 18.5% over the next 12 months, which is 13.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -120k and a net result of DKK -382k. CEO: Firat Kizilkaya.

Bankruptcy risk for Fri Transport 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

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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Capital changes1 · bankruptcy rate 7.0%0.80×
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
43884905
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Høstbuen 15
2750 Ballerup
Municipality
Ballerup
Industry
Vejgodstransport (494100)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 110k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-17.4%
Current ratio73%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.2mDKK 1.3m
Net profitDKK -382kDKK 10k
EquityDKK -120kDKK 262k
Total assetsDKK 689kDKK 587k
CashDKK 402k–
Short-term debtDKK 809k–
Tax owedDKK 0–
Avg. employees4–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024175
27 Feb 2023 – 31 Dec 2023177

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
CEOFirat KizilkayaCurrent
Owner (100%)Firat KizilkayaCurrent
FounderFirat KizilkayaCurrent

Address history (1 moves)

Høstbuen 15, 2750 Ballerup
Magleparken 96, 1. th, 2750 Ballerup

Other companies at the same address

Similar companies in Ballerup

Questions and answers about Fri Transport ApS

Has Fri Transport ApS gone bankrupt?

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

What is the bankruptcy risk of Fri Transport 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 Fri Transport ApS?

Firat Kizilkaya is the CEO of Fri Transport ApS.

When was Fri Transport ApS founded?

Fri Transport ApS was founded on 27 February 2023.

What is the equity of Fri Transport ApS?

Equity was DKK -120k 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.