Smartone ApS

CVR 44247135 · Private limited company (ApS) · Active · Medium risk

Smartone ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 27k and a net result of DKK 21k. CEO: Shazad Saeed.

Bankruptcy risk for Smartone ApS

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · 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×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · 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×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
44247135
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Stamholmen 175
2650 Hvidovre
Municipality
Hvidovre
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio76.1%
Current ratio1,410%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address88
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 27kDKK -34k
Net profitDKK 21kDKK -34k
EquityDKK 27kDKK 5,839
Total assetsDKK 36kDKK 11k
CashDKK 36kDKK 11k
Short-term debtDKK 2,529DKK 4,770
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 2025172
16 Aug 2023 – 31 Dec 2024175

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
CEOShazad SaeedCurrent
Owner (100%)MUSA Holding ApSCurrent
FounderMUSA Holding ApSCurrent

The CEOs' other companies

Shazad Saeed – 2 other companies

Address history (1 moves)

Stamholmen 175, 2650 Hvidovre
Hammerholmen 20D, 2650 Hvidovre

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about Smartone ApS

Has Smartone ApS gone bankrupt?

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

What is the bankruptcy risk of Smartone ApS?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of Smartone ApS?

Shazad Saeed is the CEO of Smartone ApS.

When was Smartone ApS founded?

Smartone ApS was founded on 16 August 2023.

What is the equity of Smartone ApS?

Equity was DKK 27k 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.