SITAS ApS

CVR 50751015 · Private limited company (ApS) · Active · Low risk

SITAS ApS is a Private limited company (ApS), founded on , based in Ballerup. The company is registered in the industry planteformering. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 4.2m and a net result of DKK 829k. CEO: Mimi Hvass.

Bankruptcy risk for SITAS ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×

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
50751015
Status
Active
Company type
Private limited company (ApS)
Founded
(60 years)
Address
Skovvej 56
2750 Ballerup
Municipality
Ballerup
Industry
Planteformering (013000)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 600k
Employees
8 (2018)
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio73.6%
Current ratio284%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 6.6mDKK 6.2m
Net profitDKK 829kDKK 534k
EquityDKK 4.2mDKK 3.9m
Total assetsDKK 5.7mDKK 6.0m
CashDKK 5,072–
Short-term debtDKK 1.5m–
Avg. employees8–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202576
1 Oct 2023 – 30 Sep 202479
1 Oct 2022 – 30 Sep 2023114
1 Oct 2021 – 30 Sep 202270
1 Oct 2020 – 30 Sep 202171
1 Oct 2019 – 30 Sep 202072
1 Oct 2018 – 30 Sep 201977
1 Oct 2017 – 30 Sep 201875
1 Oct 2016 – 30 Sep 201779
1 Oct 2015 – 30 Sep 201681
1 Oct 2014 – 30 Sep 201578
1 Oct 2013 – 30 Sep 201479
1 Oct 2012 – 30 Sep 201382
1 Oct 2011 – 30 Sep 201281
1 Oct 2010 – 30 Sep 201172
1 Oct 2009 – 30 Sep 201070
1 Oct 2008 – 30 Sep 200971
1 Oct 2007 – 30 Sep 200877
1 Oct 2006 – 30 Sep 200773
1 Oct 2005 – 30 Sep 200653

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
CEOMimi HvassCurrent
CEONiels Edgar Hvass
BoardErik Gaarn
BoardJulius Nicolaj Meyer Wærum
BoardNiels Edgar Hvass
BoardMimi Hvass
BoardUlrik Møller
Owner (100%)MIMI HVASS HOLDING ApSCurrent
Owner (5%)SITAS ApS
Owner (0%)Niels Edgar Hvass
Owner (90%)MIMI HVASS HOLDING ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorErnst Peter Møiniche
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorVAC REVISION ApS
AuditorSønderup I/S, statsautoriserede revisorer
AuditorVAC Revision & Review ApS
AuditorDANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB

Address history (0 moves)

Skovvej 56, 2750 Ballerup

Former names

SITAS ApS – now
SCANDINAVIAN INSTANT TREES A/S –

Employees per year

Number of employees at SITAS ApS per year592011: 820112012: 920122013: 820132014: 720142015: 920152016: 820162017: 920172018: 82018

Other companies at the same address

Questions and answers about SITAS ApS

Has SITAS ApS gone bankrupt?

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

What is the bankruptcy risk of SITAS ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of SITAS ApS?

Mimi Hvass is the CEO of SITAS ApS.

Who is the auditor of SITAS ApS?

SITAS ApS most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was SITAS ApS founded?

SITAS ApS was founded on 3 May 1966.

What is the equity of SITAS ApS?

Equity was DKK 4.2m according to the annual report for the period ending 30 September 2025.

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