H23 ApS

CVR 44025760 · Private limited company (ApS) · Active · Medium risk

H23 ApS is a Private limited company (ApS), founded on , based in Køge. The company is registered in the industry gennemførelse af byggeprojekter. 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. The latest annual report (31 Dec 2025) shows equity of DKK 1.1m and a net result of DKK 813k. CEO: Ramazan Tulumcu.

Bankruptcy risk for H23 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

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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×

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
44025760
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Industrivej 1
4600 Køge
Municipality
Køge
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Auditor
Sønderup Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio6.9%
Current ratio107%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.4mDKK 1.3m
Net profitDKK 813kDKK 473k
EquityDKK 1.1mDKK 328k
Total assetsDKK 16.5mDKK 20.8m
CashDKK 616k–
Short-term debtDKK 15.4m–
Tax owedDKK 249k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Sønderup Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202597
1 Jan 2024 – 31 Dec 2024142
28 Apr 2023 – 31 Dec 2023183

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
CEORamazan TulumcuCurrent
Owner (100%)RTU HOLDING ApSCurrent
AuditorSønderup I/S, statsautoriserede revisorer
AuditorDueholm & Partnere, Godkendt Revisionshus
FounderRTU HOLDING ApSCurrent

The CEOs' other companies

Ramazan Tulumcu – 12 other companies, of which 3 bankrupt

Address history (0 moves)

Industrivej 1, 4600 Køge

Other companies at the same address

Similar companies in Køge

Questions and answers about H23 ApS

Has H23 ApS gone bankrupt?

No, H23 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of H23 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 H23 ApS?

Ramazan Tulumcu is the CEO of H23 ApS.

Who is the auditor of H23 ApS?

H23 ApS most recently used Sønderup Godkendt Revisionsaktieselskab.

When was H23 ApS founded?

H23 ApS was founded on 28 April 2023.

What is the equity of H23 ApS?

Equity was DKK 1.1m 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.