Køge Biler ApS

CVR 43989677 · Private limited company (ApS) · Active · Very high risk

Køge Biler ApS is a Private limited company (ApS), founded on , based in Køge. The company is registered in the industry formueforvaltning. Our model estimates a bankruptcy risk of 11.0% over the next 12 months, which is 7.8 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -199k and a net result of DKK -107k. CEO: Mustafa Karabacak.

Bankruptcy risk for Køge Biler ApS

11.0%
probability of bankruptcy within 12 months
Very high risk

7.8 × the average (1.41%) · higher risk than 97% 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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
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×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

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×
Industry changes1 · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO's other companies1 · bankruptcy rate 7.3%0.83×

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
43989677
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Tigervej 22
4600 Køge
Municipality
Køge
Industry
Formueforvaltning (663000)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio–
Current ratio0%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -65k–
Net profitDKK -107k–
EquityDKK -199k–
Total assetsDKK 0–
CashDKK 0–
Short-term debtDKK 199k–
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 2025110
1 Jan 2024 – 31 Dec 2024110
13 Apr 2023 – 31 Dec 202394

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
CEOMustafa KarabacakCurrent
Owner (100%)Mustafa KarabacakCurrent
FounderMustafa KarabacakCurrent

The CEOs' other companies

Mustafa Karabacak – 1 other companies

Address history (2 moves)

Tigervej 22, 4600 Køge
Industrivej 25, 4683 Rønnede
Tigervej 22, 4600 Køge

Former names

Køge Biler ApS – now
Rønnede Biler ApS –
VMK Biler ApS –

Other companies at the same address

Similar companies in Køge

Questions and answers about Køge Biler ApS

Has Køge Biler ApS gone bankrupt?

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

What is the bankruptcy risk of Køge Biler ApS?

Our model estimates a bankruptcy risk of 11.0% over the next 12 months (very high risk), which is 7.8 times the average for Danish companies.

Who is the CEO of Køge Biler ApS?

Mustafa Karabacak is the CEO of Køge Biler ApS.

When was Køge Biler ApS founded?

Køge Biler ApS was founded on 13 April 2023.

What is the equity of Køge Biler ApS?

Equity was DKK -199k 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.