X-Road ApS

CVR 45275493 · Private limited company (ApS) · Active · High risk

X-Road ApS is a Private limited company (ApS), founded on , based in Viby J. The company is registered in the industry passagertransport på bestilling i køretøj med chauffør. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 93k and a net result of DKK 51k. CEO: Abdinasir Ahmed.

Bankruptcy risk for X-Road ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
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
45275493
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Kjærslund 4, 2. tv
8260 Viby J
Municipality
Aarhus
Industry
Passagertransport på bestilling i køretøj med chauffør (493300)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 42k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio24.3%
Current ratio158%
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 year2025
Gross profitDKK 356k
Net profitDKK 51k
EquityDKK 93k
Total assetsDKK 385k
CashDKK 172k
Short-term debtDKK 160k
Avg. employees1

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

Filed annual reports

Reporting periodPublishedDays after period end
10 Dec 2024 – 31 Dec 2025166

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
CEOAbdinasir AhmedCurrent
Owner (100%)Abdinasir AhmedCurrent
FounderAbdinasir AhmedCurrent

Address history (0 moves)

Kjærslund 4, 2. tv, 8260 Viby J

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Questions and answers about X-Road ApS

Has X-Road ApS gone bankrupt?

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

What is the bankruptcy risk of X-Road ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of X-Road ApS?

Abdinasir Ahmed is the CEO of X-Road ApS.

When was X-Road ApS founded?

X-Road ApS was founded on 10 December 2024.

What is the equity of X-Road ApS?

Equity was DKK 93k 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.