SolarBalance ApS

CVR 44404605 · Private limited company (ApS) · Active · Low risk

SolarBalance ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry anden udgivelse af software. 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 434k and a net result of DKK 108k. CEO: Ahmed Ludvigsen Al-Mashhadi.

Bankruptcy risk for SolarBalance ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
44404605
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Tostrupvej 41A
8800 Viborg
Municipality
Viborg
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 40k
Auditor
REVISIONSAKTIESELSKABET IB ROHDE, REGISTRERET REVISIONSVIRKSOMHED
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio60.8%
Current ratio255%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 150kDKK 369k
Net profitDKK 108kDKK 285k
EquityDKK 434kDKK 325k
Total assetsDKK 713kDKK 576k
CashDKK 475kDKK 528k
Short-term debtDKK 279kDKK 251k
Tax owedDKK 33kDKK 82k
Avg. employees00

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · REVISIONSAKTIESELSKABET IB ROHDE, REGISTRERET REVISIONSVIRKSOMHED.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
2 Nov 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
CEOAhmed Ludvigsen Al-MashhadiCurrent
Owner (100%)MA Capital Invest Holding ApSCurrent
FounderMA Capital Invest Holding ApSCurrent

The CEOs' other companies

Ahmed Ludvigsen Al-Mashhadi – 2 other companies

Address history (0 moves)

Tostrupvej 41A, 8800 Viborg

Other companies at the same address

Similar companies in Viborg

Questions and answers about SolarBalance ApS

Has SolarBalance ApS gone bankrupt?

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

What is the bankruptcy risk of SolarBalance 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 SolarBalance ApS?

Ahmed Ludvigsen Al-Mashhadi is the CEO of SolarBalance ApS.

Who is the auditor of SolarBalance ApS?

SolarBalance ApS most recently used REVISIONSAKTIESELSKABET IB ROHDE, REGISTRERET REVISIONSVIRKSOMHED.

When was SolarBalance ApS founded?

SolarBalance ApS was founded on 2 November 2023.

What is the equity of SolarBalance ApS?

Equity was DKK 434k 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.