PNN MEDICAL A/S

CVR 11888305 · Public limited company (A/S) · Active · Medium risk

PNN MEDICAL A/S is a Public limited company (A/S), founded on , based in Kvistgård. The company is registered in the industry engroshandel med læge- og hospitalsartikler. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -12.2m and a net result of DKK -1.8m. CEO: Kim Brangstrup.

Bankruptcy risk for PNN MEDICAL A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
11888305
Status
Active
Company type
Public limited company (A/S)
Founded
(38 years)
Address
Oldenvej 13
3490 Kvistgård
Municipality
Helsingør
Industry
Engroshandel med læge- og hospitalsartikler (464620)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 5.9m
Employees
12 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 30
Missing annual reportNo
Negative equityYes
Equity ratio-29.0%
Current ratio65%
Moves (last 2 years)0
CEO changes in total8
CEO's previous bankruptcies4
Other companies at the address12
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 6.7mDKK 7.7mDKK 6.4m
Net profitDKK -1.8mDKK -3.2mDKK -3.4m
EquityDKK -12.2mDKK -10.4mDKK -7.1m
Total assetsDKK 42.1mDKK 42.1mDKK 42.5m
CashDKK 1,000DKK 426k–
Short-term debtDKK 49.9mDKK 47.6m–
Avg. employees910–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 2019170
1 Jan 2018 – 31 Dec 2018157
1 May 2016 – 30 Apr 2017152
1 May 2015 – 30 Apr 2016149
1 May 2014 – 30 Apr 2015139
1 May 2013 – 30 Apr 2014183
1 May 2012 – 30 Apr 2013167
1 May 2011 – 30 Apr 2012186 Late
1 May 2010 – 30 Apr 2011137
1 May 2009 – 30 Apr 2010149
1 May 2008 – 30 Apr 2009178
1 May 2007 – 30 Apr 2008133
1 May 2006 – 30 Apr 2007167
1 May 2005 – 30 Apr 2006148

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
CEOKim BrangstrupCurrent
CEOErik Othel-Jacobsen
CEOOle Gyring Nieben
CEOPer Emil Hasselbalch Stakemann
CEOBent Munk Johnsen
CEOJeppe Øvli Øvlesen
BoardJan Kurt Eberlin ChristensenCurrent
BoardKim BrangstrupCurrent
BoardNiels ThestrupCurrent
BoardErik Othel-Jacobsen
BoardUlf Svejgaard Poulsen
BoardSusanne Saul Stakemann
BoardFinn Junge-Jensen
BoardOle Gyring Nieben
BoardPer Emil Hasselbalch Stakemann
BoardBørge Aksel Jacobsen
BoardFrode Carl Wolffhechel
BoardKen Torpe Christoffersen
BoardKenneth Martin Wolffhechel
BoardHans Ivar Wallstén
BoardAnders Hans Göran Wallstén
BoardFrancois Kaiser
BoardLars Krogsgaard
BoardErik Damgaard Nielsen
BoardIb Dybdahl Christoffersen
BoardKenneth Martin Wolffhechel
BoardHenrik Harboe
BoardHans Ivar Wallstén
BoardAnders Hans Göran Wallstén
BoardErik Othel-Jacobsen
BoardJeppe Øvli Øvlesen
BoardErik Othel-Jacobsen
BoardNiels Thestrup
BoardHans Henrik Munch-Jensen
BoardKarsten Kielland
BoardIb Dybdahl Christoffersen
BoardKim Brangstrup
BoardJohn Hvidkjær
BoardNiels Thestrup
BoardJens Balling
BoardHenrik Harboe
BoardKim Brangstrup
Owner (90%)BRANCOR CAPITAL PARTNERS ApSCurrent
Owner (5%)Hans Ivar Wallstén
Owner (5%)HENRIK HARBOE HOLDING A/S
Owner (5%)OTHEL-JACOBSEN A/S
Owner (33%)BRANCOR CAPITAL PARTNERS ApS
Owner (5%)PORTEFØLJEINVEST A/S
Owner (10%)4AM ApS
Owner (5%)BEJO INVEST ApS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorErik Tronborg Andersen
AuditorDL Revision Jens Danstrup Larsen Statsautoriserede Revisorer
AuditorRevisionsfirmaet Secher v/Peter Secher
AuditorSeier Petersen Statsaut. revisorer
AuditorRevisionsfirmaet Secher & Andersen
AuditorSECHER & PARTNERE ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorTA P/S
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorLOKAL REVISORERNE ApS
AuditorKPMG P/S
FounderVX 10.312 ApSCurrent
FounderApS HVKMD 5 NR. 555Current
FounderPEHSB ApSCurrent

The CEOs' other companies

Kim Brangstrup – 21 other companies, of which 7 bankrupt

Erik Othel-Jacobsen – 7 other companies, of which 1 bankrupt

Ole Gyring Nieben – 3 other companies

Per Emil Hasselbalch Stakemann – 45 other companies, of which 45 bankrupt

Bent Munk Johnsen – 8 other companies

Jeppe Øvli Øvlesen – 51 other companies, of which 8 bankrupt

Address history (0 moves)

Oldenvej 13, 3490 Kvistgård

Former names

PNN MEDICAL A/S – now
ENGINEERS & DOCTORS WALLSTEN MEDICAL A/S –
ENGINEERS & DOCTORS A/S –
A/S PSE NR. 2564 –

Employees per year

Number of employees at PNN MEDICAL A/S per year8162011: 1520112012: 1620122013: 1320132014: 920142015: 820152016: 1120162017: 1120172018: 122018

Other companies at the same address

Similar companies in Helsingør

Questions and answers about PNN MEDICAL A/S

Has PNN MEDICAL A/S gone bankrupt?

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

What is the bankruptcy risk of PNN MEDICAL A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of PNN MEDICAL A/S?

Kim Brangstrup is the CEO of PNN MEDICAL A/S.

Who is the auditor of PNN MEDICAL A/S?

PNN MEDICAL A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was PNN MEDICAL A/S founded?

PNN MEDICAL A/S was founded on 1 December 1987.

What is the equity of PNN MEDICAL A/S?

Equity was DKK -12.2m 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.