ZAS Solutions A/S

CVR 44367211 · Public limited company (A/S) · Active · High risk

ZAS Solutions A/S is a Public limited company (A/S), founded on , based in Fredericia. The company is registered in the industry planlægning og design af reklamekampagner. 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, 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 765k and a net result of DKK 896k. CEO: Abubakar Zarfi.

Bankruptcy risk for ZAS Solutions A/S

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

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Company typeA/S · bankruptcy rate 4.4%0.50×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
44367211
Status
Active
Company type
Public limited company (A/S)
Founded
(3 years)
Address
Gothersgade 18, 1.
7000 Fredericia
Municipality
Fredericia
Industry
Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 400k
Auditor
RSM Danmark, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio39.8%
Current ratio166%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.1mDKK 899k
Net profitDKK 896kDKK 587k
EquityDKK 765kDKK 700k
Total assetsDKK 1.9mDKK 1.2m
CashDKK 543k–
Short-term debtDKK 1.2m–
Tax owedDKK 262k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025195 Late
13 Oct 2023 – 31 Dec 2024177

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
CEOAbubakar ZarfiCurrent
BoardMilad SafiCurrent
BoardBelal Zahir JanCurrent
BoardHelal Zahir JanCurrent
Owner (33%)A. Ghani Holding ApSCurrent
Owner (67%)ZAS Holding ApSCurrent
Owner (67%)ZAS Holding 2021 ApS
Owner (20%)ACZ Invest ApS
FounderZAS Holding 2021 ApSCurrent
FounderACZ Invest ApSCurrent

The CEOs' other companies

Abubakar Zarfi – 5 other companies

Address history (1 moves)

Gothersgade 18, 1., 7000 Fredericia
Navervej 4A, 1., 7000 Fredericia

Former names

ZAS Solutions A/S – now
ZAS Marketing A/S –

Other companies at the same address

Similar companies in Fredericia

Questions and answers about ZAS Solutions A/S

Has ZAS Solutions A/S gone bankrupt?

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

What is the bankruptcy risk of ZAS Solutions A/S?

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 ZAS Solutions A/S?

Abubakar Zarfi is the CEO of ZAS Solutions A/S.

Who is the auditor of ZAS Solutions A/S?

ZAS Solutions A/S most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.

When was ZAS Solutions A/S founded?

ZAS Solutions A/S was founded on 13 October 2023.

What is the equity of ZAS Solutions A/S?

Equity was DKK 765k 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.