XPower Trading A/S

CVR 44098822 · Public limited company (A/S) · Active · Medium risk

XPower Trading A/S is a Public limited company (A/S), founded on , based in Hellerup. The company is registered in the industry engroshandel med fast, flydende og luftformigt brændstof og lignende varer. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 1.2m and a net result of DKK 109k. CEO: Sinan Utlu.

Bankruptcy risk for XPower Trading A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
44098822
Status
Active
Company type
Public limited company (A/S)
Founded
(3 years)
Address
Tuborg Havnevej 18
2900 Hellerup
Municipality
Gentofte
Industry
Engroshandel med fast, flydende og luftformigt brændstof og lignende varer (468100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 3.5m
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 3
Missing annual reportNo
Negative equityNo
Equity ratio16.6%
Current ratio120%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address198
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 877kDKK 1.4m
Net profitDKK 109kDKK 561k
EquityDKK 1.2mDKK 1.1m
Total assetsDKK 7.5mDKK 8.6m
CashDKK 165k–
Short-term debtDKK 6.3m–
Tax owedDKK 31k–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 2024183
6 Jun 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
CEOSinan UtluCurrent
CEOMark Philip Beer
CEOKristian Fulling Nissen
BoardKent HedegaardCurrent
BoardChristian Philip LevinCurrent
BoardMorten VesthCurrent
BoardKim Holberg Pihl
BoardKevin Bergenser
Owner (100%)XO SHIPPING A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderXO SHIPPING A/SCurrent

The CEOs' other companies

Sinan Utlu – 2 other companies

Mark Philip Beer – 4 other companies

Kristian Fulling Nissen – 2 other companies

Address history (0 moves)

Tuborg Havnevej 18, 2900 Hellerup

Other companies at the same address

Similar companies in Gentofte

Questions and answers about XPower Trading A/S

Has XPower Trading A/S gone bankrupt?

No, XPower Trading A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of XPower Trading A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of XPower Trading A/S?

Sinan Utlu is the CEO of XPower Trading A/S.

Who is the auditor of XPower Trading A/S?

XPower Trading A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was XPower Trading A/S founded?

XPower Trading A/S was founded on 6 June 2023.

What is the equity of XPower Trading A/S?

Equity was DKK 1.2m 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.