The Licious ApS

CVR 44059215 · Private limited company (ApS) · Active · Medium risk

The Licious ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry fremstilling af andre fødevarer i.a.n.. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -46k and a net result of DKK 57k. CEO: Huy Thanh Pham.

Bankruptcy risk for The Licious ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% 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×
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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Return on assets15%+ · 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×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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
44059215
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Tønnesgade 6
7100 Vejle
Municipality
Vejle
Industry
Fremstilling af andre fødevarer i.a.n. (108900)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-16.0%
Current ratio86%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 364kDKK 221kDKK -90k
Net profitDKK 57kDKK -38kDKK -105k
EquityDKK -46kDKK -103kDKK -65k
Total assetsDKK 291kDKK 7,712DKK 56k
CashDKK 56kDKK 7,712–
Short-term debtDKK 337kDKK 111k–
Tax owedDKK 16k––
Avg. employees44–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024168
1 May 2023 – 31 Dec 2023175

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
CEOHuy Thanh PhamCurrent
CEOFarzan Mohammad Khani Ghiyasvand
Owner (100%)HTP ApSCurrent
Owner (33%)Farzan Mohammad Khani Ghiyasvand
Owner (50%)Huy Thanh Pham
Owner (100%)Huy Thanh Pham
FounderFarzan Mohammad Khani GhiyasvandCurrent
FounderHuy Thanh PhamCurrent

The CEOs' other companies

Huy Thanh Pham – 2 other companies

Address history (0 moves)

Tønnesgade 6, 7100 Vejle

Other companies at the same address

Similar companies in Vejle

Questions and answers about The Licious ApS

Has The Licious ApS gone bankrupt?

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

What is the bankruptcy risk of The Licious ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of The Licious ApS?

Huy Thanh Pham is the CEO of The Licious ApS.

When was The Licious ApS founded?

The Licious ApS was founded on 1 May 2023.

What is the equity of The Licious ApS?

Equity was DKK -46k 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.