Bay of Brands ApS

CVR 44401509 · Private limited company (ApS) · Active · Low risk

Bay of Brands ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -3.1m and a net result of DKK -179k. CEO: Michael Aoun, Morten Kirk.

Bankruptcy risk for Bay of Brands ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
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×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Capital changes2 · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
44401509
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Godthåbsvej 6A, 2.
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 90k
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-358.6%
Current ratio2,063%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 49kDKK -85k
Net profitDKK -179kDKK -3.0m
EquityDKK -3.1mDKK -3.0m
Total assetsDKK 870kDKK 1.1m
CashDKK 1,797–
Short-term debtDKK 40k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Nov 2023 – 31 Dec 2024178

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
CEOMichael AounCurrent
CEOMorten KirkCurrent
Owner (33%)AOUN INVEST ApSCurrent
Owner (33%)KIRK INVEST ApSCurrent
Owner (50%)AOUN INVEST ApS
Owner (50%)KIRK INVEST ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderAOUN INVEST ApSCurrent
FounderKIRK INVEST ApSCurrent

The CEOs' other companies

Michael Aoun – 18 other companies, of which 1 bankrupt

Morten Kirk – 10 other companies, of which 1 bankrupt

Address history (2 moves)

Godthåbsvej 6A, 2., 2000 Frederiksberg
Ny Adelgade 5, 3. tv, 1104 København K
Østergade 1, 2., 1100 København K

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Bay of Brands ApS

Has Bay of Brands ApS gone bankrupt?

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

What is the bankruptcy risk of Bay of Brands ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Bay of Brands ApS?

Michael Aoun, Morten Kirk are the CEOs of Bay of Brands ApS.

Who is the auditor of Bay of Brands ApS?

Bay of Brands ApS most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was Bay of Brands ApS founded?

Bay of Brands ApS was founded on 30 October 2023.

What is the equity of Bay of Brands ApS?

Equity was DKK -3.1m 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.