Needles and Threads ApS

CVR 45649628 · Private limited company (ApS) · Active · High risk

Needles and Threads ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry fremstilling af yderbeklædning. 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 40k and a net result of DKK 166.

Bankruptcy risk for Needles and Threads 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×

Reduces the risk

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×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Restated annual reports1 · 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
45649628
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Nordre Fasanvej 194, kl. tv
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Fremstilling af yderbeklædning (142100)
Bankruptcies in the industry: Fremstilling af anden yderbeklædning
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio24.9%
Current ratio133%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
RevenueDKK 595k
Gross profitDKK 489k
Net profitDKK 166
EquityDKK 40k
Total assetsDKK 160k
CashDKK 158k
Short-term debtDKK 120k

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

Filed annual reports

Reporting periodPublishedDays after period end
29 May 2025 – 31 Dec 2025137

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
CEOAlexander Malakians Engbirk
Owner (67%)Aidin Neshati MalakiansCurrent
Owner (100%)Alexander Malakians Engbirk
Owner (90%)Aidin Neshati Malakians
Owner (5%)Alexander Malakians Engbirk
Owner (100%)Aidin Neshati Malakians
Owner (25%)Fatemeh Norollah Khani
FounderAlexander Malakians EngbirkCurrent

Address history (0 moves)

Nordre Fasanvej 194, kl. tv, 2000 Frederiksberg

Former names

Needles and Threads ApS – now
Neesles and Threads ApS –

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Needles and Threads ApS

Has Needles and Threads ApS gone bankrupt?

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

What is the bankruptcy risk of Needles and Threads 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.

When was Needles and Threads ApS founded?

Needles and Threads ApS was founded on 29 May 2025.

What is the equity of Needles and Threads 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.