Italy-Italy.ApS

CVR 44548186 · Private limited company (ApS) · Active · High risk

Italy-Italy.ApS is a Private limited company (ApS), founded on , based in Ringsted. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 40k and a net result of DKK -271k.

Bankruptcy risk for Italy-Italy.ApS

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
44548186
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Torvet 1
4100 Ringsted
Municipality
Ringsted
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Auditor
Sønderup Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio7.1%
Current ratio38%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address28
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.1mDKK 1.2m
Net profitDKK -271kDKK -173k
EquityDKK 40kDKK 37k
Total assetsDKK 568kDKK 751k
CashDKK 20k–
Short-term debtDKK 513k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Sønderup Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202577
5 Jan 2024 – 31 Dec 202472

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
CEOKurt Sand
CEOClaudio di Palma
Owner (100%)MS SAND HOLDING ApSCurrent
Owner (100%)MS SAND HOLDING ApS
Owner (25%)Claudio di Palma
Owner (67%)MS SAND HOLDING ApS
FounderMS SAND HOLDING ApSCurrent

The CEOs' other companies

Kurt Sand – 4 other companies

Address history (1 moves)

Torvet 1, 4100 Ringsted
Holbækvej 38, 4100 Ringsted

Other companies at the same address

Similar companies in Ringsted

Questions and answers about Italy-Italy.ApS

Has Italy-Italy.ApS gone bankrupt?

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

What is the bankruptcy risk of Italy-Italy.ApS?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the auditor of Italy-Italy.ApS?

Italy-Italy.ApS most recently used Sønderup Godkendt Revisionsaktieselskab.

When was Italy-Italy.ApS founded?

Italy-Italy.ApS was founded on 5 January 2024.

What is the equity of Italy-Italy.ApS?

Equity was DKK 40k 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.