Candle Studio ApS

CVR 44076098 · Private limited company (ApS) · Active · High risk

Candle Studio ApS is a Private limited company (ApS), founded on , based in Aarhus V. The company is registered in the industry detailhandel med andre nye varer. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 3 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -520k and a net result of DKK -1,819.

Bankruptcy risk for Candle Studio ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%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 CEOs0 · bankruptcy rate 12.7%1.4×

Reduces the risk

Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
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×
Marketing-protectedNo · bankruptcy rate 7.5%0.85×

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
44076098
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Trillegårdsvej 81
8210 Aarhus V
Municipality
Aarhus
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-154.7%
Current ratio20%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -43kDKK -252kDKK -271k
Net profitDKK -1,819DKK -287kDKK -271k
EquityDKK -520kDKK -518kDKK -231k
Total assetsDKK 336kDKK 184kDKK 220k
CashDKK 36kDKK 15k–
Short-term debtDKK 855kDKK 702k–
Avg. employees02–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025127
1 Jan 2024 – 31 Dec 2024198 Late
24 May 2023 – 31 Dec 2023185 Late

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
CEOJonas Saleem Kristiansen
Owner (100%)Safiyo Aziz Mohamed AdenCurrent
Owner (50%)Jonas Saleem Kristiansen
FounderSafiyo Aziz Mohamed AdenCurrent

The CEOs' other companies

Jonas Saleem Kristiansen – 2 other companies, of which 1 bankrupt

Address history (0 moves)

Trillegårdsvej 81, 8210 Aarhus V

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Candle Studio ApS

Has Candle Studio ApS gone bankrupt?

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

What is the bankruptcy risk of Candle Studio ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

When was Candle Studio ApS founded?

Candle Studio ApS was founded on 24 May 2023.

What is the equity of Candle Studio ApS?

Equity was DKK -520k 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.