Smartrides ApS

CVR 44067528 · Private limited company (ApS) · Active · High risk

Smartrides ApS is a Private limited company (ApS), founded on , based in Vallensbæk. The company is registered in the industry detailhandel med cykler. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -48k and a net result of DKK -30k. CEO: Tariq Mahmood Butt, Shomail Bin Tahir.

Bankruptcy risk for Smartrides ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
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×

Reduces the risk

Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
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×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×
Other companies at the same address1 · bankruptcy rate 7.6%0.86×
Registered owners2 · bankruptcy rate 7.6%0.87×

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
44067528
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Tariq Mahmood Butt, Grønkløvervænget 49
2625 Vallensbæk
Municipality
Vallensbæk
Industry
Detailhandel med cykler (476320)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-334.4%
Current ratio23%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -43kDKK -4,480DKK -4,113
Net profitDKK -30kDKK -36kDKK -9,186
EquityDKK -48kDKK -4,795DKK 31k
Total assetsDKK 14kDKK 36kDKK 46k
CashDKK 1,064DKK 2,839–
Short-term debtDKK 62kDKK 41k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024145
17 May 2023 – 31 Dec 2023182

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
CEOTariq Mahmood ButtCurrent
CEOShomail Bin TahirCurrent
Owner (50%)STIL Group APSCurrent
Owner (50%)Shomail Bin TahirCurrent
FounderSTIL Group APSCurrent

The CEOs' other companies

Tariq Mahmood Butt – 4 other companies, of which 1 bankrupt

Address history (0 moves)

c/o Tariq Mahmood Butt, Grønkløvervænget 49, 2625 Vallensbæk

Other companies at the same address

Similar companies in Vallensbæk

Questions and answers about Smartrides ApS

Has Smartrides ApS gone bankrupt?

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

What is the bankruptcy risk of Smartrides ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of Smartrides ApS?

Tariq Mahmood Butt, Shomail Bin Tahir are the CEOs of Smartrides ApS.

When was Smartrides ApS founded?

Smartrides ApS was founded on 17 May 2023.

What is the equity of Smartrides ApS?

Equity was DKK -48k 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.