RayTrace ApS

CVR 43933701 · Private limited company (ApS) · Active · Low risk

RayTrace ApS is a Private limited company (ApS), founded on , based in Hadsten. The company is registered in the industry grafisk design og visuel kommunikation. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 108k and a net result of DKK 68k. CEO: Mojgan Moshtaghi.

Bankruptcy risk for RayTrace ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
43933701
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Eva M Moshtaghi, Bregnevej 4, 2. 1
8370 Hadsten
Municipality
Favrskov
Industry
Grafisk design og visuel kommunikation (741200)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio57.6%
Current ratio77%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 104kDKK 0
Net profitDKK 68kDKK 0
EquityDKK 108kDKK 40k
Total assetsDKK 187kDKK 40k
CashDKK 61k–
Short-term debtDKK 79k–
Tax owedDKK 14k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202577
1 Jan 2024 – 31 Dec 2024182
14 Mar 2023 – 31 Dec 2023164

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
CEOMojgan MoshtaghiCurrent
CEOMorteza Rabi
Owner (100%)Mojgan MoshtaghiCurrent
Owner (50%)Morteza Rabi
FounderMojgan MoshtaghiCurrent
FounderMorteza RabiCurrent

Address history (1 moves)

c/o Eva M Moshtaghi, Bregnevej 4, 2. 1, 8370 Hadsten
Ellevej 8, 8370 Hadsten

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Questions and answers about RayTrace ApS

Has RayTrace ApS gone bankrupt?

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

What is the bankruptcy risk of RayTrace ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of RayTrace ApS?

Mojgan Moshtaghi is the CEO of RayTrace ApS.

When was RayTrace ApS founded?

RayTrace ApS was founded on 14 March 2023.

What is the equity of RayTrace ApS?

Equity was DKK 108k 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.