Time to drive køreskole 2 ApS

CVR 44180405 · Private limited company (ApS) · Active · High risk

Time to drive køreskole 2 ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry drift af køreskoler. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -53k and a net result of DKK -44k. CEO: Mohammad Qaiser Fazal.

Bankruptcy risk for Time to drive køreskole 2 ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
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×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Other companies at the same address1 · bankruptcy rate 7.6%0.86×

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
44180405
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Sønder Boulevard 50, 1. th
1720 København V
Municipality
København
Industry
Drift af køreskoler (855300)
Bankruptcies in the industry: Anden undervisning i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-67.2%
Current ratio60%
Moves (last 2 years)2
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -44kDKK -49k
Net profitDKK -44kDKK -49k
EquityDKK -53kDKK -9,403
Total assetsDKK 79kDKK 47k
CashDKK 9,564–
Short-term debtDKK 132k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025171
12 Jul 2023 – 31 Dec 2024150

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
CEOMohammad Qaiser FazalCurrent
CEOYoussef Rachdi
Owner (100%)Mohammad Qaiser FazalCurrent
Owner (100%)Mohammad Qaiser Fazal
Owner (50%)Mohammad Qaiser Fazal
Owner (50%)Youssef Rachdi
FounderMohammad Qaiser FazalCurrent

The CEOs' other companies

Mohammad Qaiser Fazal – 2 other companies

Youssef Rachdi – 2 other companies

Address history (2 moves)

Sønder Boulevard 50, 1. th, 1720 København V
Istedgade 56C, 1650 København V
c/o Mohammad Qaiser Fazal, Stolemagerstien 14, 1. mf, 2300 København S

Former names

Time to drive køreskole 2 ApS – now
MQF Køreskole ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Time to drive køreskole 2 ApS

Has Time to drive køreskole 2 ApS gone bankrupt?

No, Time to drive køreskole 2 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Time to drive køreskole 2 ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of Time to drive køreskole 2 ApS?

Mohammad Qaiser Fazal is the CEO of Time to drive køreskole 2 ApS.

When was Time to drive køreskole 2 ApS founded?

Time to drive køreskole 2 ApS was founded on 12 July 2023.

What is the equity of Time to drive køreskole 2 ApS?

Equity was DKK -53k 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.