Nystart ApS

CVR 44955660 · Private limited company (ApS) · Active · Low risk

Nystart ApS is a Private limited company (ApS), founded on , based in Odense SØ. The company is registered in the industry drift af døgninstitutioner for personer med psykiske handicap. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK -15k and a net result of DKK -46k. CEO: Ashad Farhat.

Bankruptcy risk for Nystart ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
44955660
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Fraugde Byvej 15B
5220 Odense SØ
Municipality
Odense
Industry
Drift af døgninstitutioner for personer med psykiske handicap (872010)
Bankruptcies in the industry: Døgninstitutioner for personer med psykiske handicap
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-8.2%
Current ratio92%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address9
Going-concern uncertaintyYes

Financials and key figures

Financial year20262025
Gross profitDKK -59kDKK -12k
Net profitDKK -46kDKK -9,264
EquityDKK -15kDKK 31k
Total assetsDKK 181kDKK 31k
CashDKK 165k–
Short-term debtDKK 196k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202665
9 Jul 2024 – 30 Jun 2025102

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
CEOAshad FarhatCurrent
BoardMartina Skjold ThomsenCurrent
BoardAhmed Yassin AhmedCurrent
BoardAlice Thoboe RosendahlCurrent
BoardAli Khaldhahi
BoardPastrik Lushaj
BoardMohamed Fadi El-Cheikissa
BoardAbdikarim Ali
Owner (100%)Nystart Holding ApSCurrent
FounderNystart Holding ApSCurrent

The CEOs' other companies

Ashad Farhat – 4 other companies, of which 1 bankrupt

Address history (0 moves)

Fraugde Byvej 15B, 5220 Odense SØ

Other companies at the same address

Similar companies in Odense

Questions and answers about Nystart ApS

Has Nystart ApS gone bankrupt?

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

What is the bankruptcy risk of Nystart ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Nystart ApS?

Ashad Farhat is the CEO of Nystart ApS.

When was Nystart ApS founded?

Nystart ApS was founded on 9 July 2024.

What is the equity of Nystart ApS?

Equity was DKK -15k according to the annual report for the period ending 30 June 2026.

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