Craft LeatherCare ApS

CVR 44856409 · Private limited company (ApS) · Active · Very high risk

Craft LeatherCare ApS is a Private limited company (ApS), founded on , based in Brøndby. The company is registered in the industry reparation og vedligeholdelse af fodtøj og lædervarer. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 1 annual report has been published. The latest annual report (30 Jun 2025) shows equity of DKK 85k and a net result of DKK 45k. CEO: Abdallah Hussam Chiyad.

Bankruptcy risk for Craft LeatherCare ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports1 · bankruptcy rate 18.7%2.1×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio40%–60% · 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×
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×

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
44856409
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Folemarksvej 75
2605 Brøndby
Municipality
Brøndby
Industry
Reparation og vedligeholdelse af fodtøj og lædervarer (952300)
Bankruptcies in the industry: Reparation af andre varer til personligt brug og husholdningsbrug
Share capital
DKK 40k
Auditor
Konsulent Jens H. Hedegaard
Audit opted out
No

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio48.8%
Current ratio195%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 619k
Net profitDKK 45k
EquityDKK 85k
Total assetsDKK 175k
CashDKK 93k
Short-term debtDKK 90k
Tax owedDKK 14k
Avg. employees1

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Danrevi Løgstør v/Jens H. Hedegaard.

Filed annual reports

Reporting periodPublishedDays after period end
26 May 2024 – 30 Jun 2025143

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
CEOAbdallah Hussam ChiyadCurrent
Owner (100%)Abdallah Hussam ChiyadCurrent
AuditorKonsulent Jens H. HedegaardCurrent
FounderAbdallah Hussam ChiyadCurrent

The CEOs' other companies

Abdallah Hussam Chiyad – 2 other companies, of which 2 bankrupt

Address history (2 moves)

Folemarksvej 75, 2605 Brøndby
Glentevej 35, 4600 Køge
Amagerbrogade 305, 2. tv, 2300 København S

Other companies at the same address

Questions and answers about Craft LeatherCare ApS

Has Craft LeatherCare ApS gone bankrupt?

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

What is the bankruptcy risk of Craft LeatherCare ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Craft LeatherCare ApS?

Abdallah Hussam Chiyad is the CEO of Craft LeatherCare ApS.

Who is the auditor of Craft LeatherCare ApS?

Craft LeatherCare ApS most recently used Konsulent Jens H. Hedegaard.

When was Craft LeatherCare ApS founded?

Craft LeatherCare ApS was founded on 26 May 2024.

What is the equity of Craft LeatherCare ApS?

Equity was DKK 85k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.