PAJO BOLTE A/S

CVR 10221994 · Public limited company (A/S) · Active · Low risk

PAJO BOLTE A/S is a Public limited company (A/S), founded on , based in Hobro. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 49.1m and a net result of DKK 28.9m. CEO: Morten Højen Larsen.

Bankruptcy risk for PAJO BOLTE A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Annual reports filed late2 · bankruptcy rate 10.4%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×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
10221994
Status
Active
Company type
Public limited company (A/S)
Founded
(40 years)
Address
Lupinvej 1
9500 Hobro
Municipality
Mariagerfjord
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 830k
Employees
44 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 30
Missing annual reportNo
Negative equityNo
Equity ratio53.1%
Current ratio215%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies2
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 70.7mDKK 73.6m
Net profitDKK 28.9mDKK 32.8m
EquityDKK 49.1mDKK 53.2m
Total assetsDKK 92.6mDKK 85.4m
CashDKK 9,150–
Short-term debtDKK 42.4m–
Tax owedDKK 8.2m–
Avg. employees62–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202589
1 Jan 2024 – 31 Dec 202490
1 Jan 2023 – 31 Dec 202380
1 May 2021 – 30 Apr 2022184 Late
1 May 2020 – 30 Apr 202154
1 May 2019 – 30 Apr 202054
1 May 2018 – 30 Apr 201959
1 May 2017 – 30 Apr 201872
1 May 2016 – 30 Apr 201757
1 May 2015 – 30 Apr 201668
1 May 2014 – 30 Apr 201560
1 May 2013 – 30 Apr 201458
1 May 2012 – 30 Apr 201365
1 May 2011 – 30 Apr 201267
1 May 2010 – 30 Apr 201164
1 May 2009 – 30 Apr 201061
1 May 2008 – 30 Apr 200989
1 May 2007 – 30 Apr 200897
1 May 2006 – 30 Apr 200757
1 May 2005 – 30 Apr 200687

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
CEOMorten Højen LarsenCurrent
CEOPoul Anker Johansen
CEOLars Bundgård Johansen
BoardKarl Johan LindqvistCurrent
BoardHelena Maria HägerCurrent
BoardMorten Højen LarsenCurrent
BoardPoul Anker Johansen
BoardPreben Stibjerg Kristensen
BoardHanne Johansen
BoardLars Bundgård Johansen
Owner (100%)Bufab DK Holding ApSCurrent
Owner (33%)LARS JOHANSEN HOLDING ApS
Owner (50%)PAJ HOLDING ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderPer Emil Hasselbalch StakemannCurrent

The CEOs' other companies

Morten Højen Larsen – 7 other companies, of which 2 bankrupt

Poul Anker Johansen – 23 other companies, of which 3 bankrupt

Lars Bundgård Johansen – 10 other companies

Address history (3 moves)

Lupinvej 1, 9500 Hobro
Lupinvej 1, 9500 Hobro
Lupinvej 1, 9500 Hobro
Lupinvej 4, 9500 Hobro

Former names

PAJO BOLTE A/S – now
DIN BUTIK ApS –

Employees per year

Number of employees at PAJO BOLTE A/S per year22442011: 3620112012: 3320122013: 3720132014: 3720142015: 3920152016: 3720162017: 4020172018: 442018

Other companies at the same address

Similar companies in Mariagerfjord

Questions and answers about PAJO BOLTE A/S

Has PAJO BOLTE A/S gone bankrupt?

No, PAJO BOLTE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of PAJO BOLTE A/S?

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 PAJO BOLTE A/S?

Morten Højen Larsen is the CEO of PAJO BOLTE A/S.

Who is the auditor of PAJO BOLTE A/S?

PAJO BOLTE A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was PAJO BOLTE A/S founded?

PAJO BOLTE A/S was founded on 15 April 1986.

What is the equity of PAJO BOLTE A/S?

Equity was DKK 49.1m 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.