Treasures of Crete ApS

CVR 45697622 · Private limited company (ApS) · Active · Medium risk

Treasures of Crete ApS is a Private limited company (ApS), founded on , based in Valby. The company is registered in the industry anden specialiseret engroshandel i.a.n.. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 19k and a net result of DKK -887.

Bankruptcy risk for Treasures of Crete ApS

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% 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 at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Registered owners3 · bankruptcy rate 6.2%0.71×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · 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
45697622
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
c/o Ioannis Aivazidis, Roskildevej 138B, 1.
2500 Valby
Municipality
København
Industry
Anden specialiseret engroshandel i.a.n. (468900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio12.9%
Current ratio115%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 42k
Net profitDKK -887
EquityDKK 19k
Total assetsDKK 148k
CashDKK 43k
Short-term debtDKK 129k
Tax owedDKK 0
Avg. employees0

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

Filed annual reports

Reporting periodPublishedDays after period end
19 Jun 2025 – 31 Dec 2025177

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
Owner (33%)Ioannis AivazidisCurrent
Owner (33%)Victor Sung Elsted LarsenCurrent
Owner (10%)A&C Holding ApSCurrent
FounderIoannis AivazidisCurrent
FounderVictor Sung Elsted LarsenCurrent
FounderA&C Holding ApSCurrent

Address history (0 moves)

c/o Ioannis Aivazidis, Roskildevej 138B, 1., 2500 Valby

Other companies at the same address

Similar companies in København

Questions and answers about Treasures of Crete ApS

Has Treasures of Crete ApS gone bankrupt?

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

What is the bankruptcy risk of Treasures of Crete ApS?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

When was Treasures of Crete ApS founded?

Treasures of Crete ApS was founded on 19 June 2025.

What is the equity of Treasures of Crete ApS?

Equity was DKK 19k 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.