IC VVS ApS

CVR 44894785 · Private limited company (ApS) · Active · Medium risk

IC VVS ApS is a Private limited company (ApS), founded on , based in Gentofte. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.0m and a net result of DKK 666k. CEO: Ilie Costinean.

Bankruptcy risk for IC VVS ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
44894785
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Ellebækvej 62, st. th
2820 Gentofte
Municipality
Gentofte
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio57.9%
Current ratio221%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.1mDKK 0
Net profitDKK 666kDKK 0
EquityDKK 1.0mDKK 491k
Total assetsDKK 1.8mDKK 633k
CashDKK 824k–
Short-term debtDKK 711k–
Tax owedDKK 191k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202522
1 Jan 2024 – 31 Dec 202478

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
CEOIlie CostineanCurrent
Owner (100%)Ilie CostineanCurrent
FounderIlie CostineanCurrent

Address history (1 moves)

Ellebækvej 62, st. th, 2820 Gentofte
Folehaven 104, 2. tv, 2500 Valby

Similar companies in Gentofte

Questions and answers about IC VVS ApS

Has IC VVS ApS gone bankrupt?

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

What is the bankruptcy risk of IC VVS ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of IC VVS ApS?

Ilie Costinean is the CEO of IC VVS ApS.

When was IC VVS ApS founded?

IC VVS ApS was founded on 31 May 2024.

What is the equity of IC VVS ApS?

Equity was DKK 1.0m 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.