APF Germany ApS

CVR 19749797 · Private limited company (ApS) · Active · Low risk

APF Germany ApS is a Private limited company (ApS), founded on , based in Kongens Lyngby. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -28.6m and a net result of DKK -468k. CEO: Christian Ewald Hansen.

Bankruptcy risk for APF Germany ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
19749797
Status
Active
Company type
Private limited company (ApS)
Founded
(30 years)
Address
Lottenborgvej 24
2800 Kongens Lyngby
Municipality
Lyngby-Taarbæk
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 135k
Employees
1 (2007)
Auditor
Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 29
Missing annual reportNo
Negative equityYes
Equity ratio-65.3%
Current ratio38%
Moves (last 2 years)1
CEO changes in total12
CEO's previous bankruptcies0
Other companies at the address49
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -236kDKK -44kDKK -878k
Net profitDKK -468kDKK -16.8mDKK -2.2m
EquityDKK -28.6mDKK -28.1mDKK -11.3m
Total assetsDKK 43.7mDKK 49.0mDKK 62.5m
CashDKK 225kDKK 3,411–
Short-term debtDKK 72.3mDKK 77.1m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023134
1 Jan 2022 – 31 Dec 2022146
1 Jan 2021 – 31 Dec 2021147
1 Jan 2020 – 31 Dec 2020140
1 Jan 2019 – 31 Dec 2019160
1 Jan 2018 – 31 Dec 2018143
1 Jan 2017 – 31 Dec 2017137
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 201371
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011156
1 Jan 2010 – 31 Dec 2010130
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 200835
1 Jan 2007 – 31 Dec 200738
1 Jan 2006 – 31 Dec 2006140

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
CEOChristian Ewald HansenCurrent
CEOHans Christoffersen
CEOAxel Gustav Pitzner
CEOOtto Johnsen
CEOMarianne Pitzner
CEOHans Thorvald Jensen
CEOMorten Pitzner
Owner (100%)APF EJENDOMME HOLDING A/SCurrent
Owner (100%)PITZNER EJENDOMSINVEST A/S
AuditorHVR A/S
AuditorAKTIESELSKABET AF 25. JUNI 1992
AuditorENGELSTED PETERSEN STATSAUT. REVISIONSANPARTSSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderHans ChristoffersenCurrent

The CEOs' other companies

Christian Ewald Hansen – 9 other companies

Hans Christoffersen – 59 other companies, of which 51 bankrupt

Axel Gustav Pitzner – 34 other companies, of which 2 bankrupt

Otto Johnsen – 18 other companies, of which 1 bankrupt

Marianne Pitzner – 15 other companies, of which 1 bankrupt

Hans Thorvald Jensen – 17 other companies

Morten Pitzner – 39 other companies, of which 3 bankrupt

Address history (7 moves)

Lottenborgvej 24, 2800 Kongens Lyngby
Østergade 22, 4., 1100 København K
Østergade 22, 2., 1100 København K
Baldersbuen 5, 2640 Hedehusene
Trommesalen 5, 5., 1614 København V
Baldersbuen 5, 2640 Hedehusene
c/o Povl Klarlund A/S, Vesterbrogade 6, 1620 København V
Trommesalen 4, 1614 København V

Former names

APF Germany ApS – now
Pitzner Germany ApS –
TYSKLAND EJENDOMME 3 ApS –
PITZNER FINANS ApS –
SOLINVEST ApS –
AXEL PITZNER AF 1997 ApS –
HCS 102 ApS –

Employees per year

Number of employees at APF Germany ApS per year112006: 120062007: 12007

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about APF Germany ApS

Has APF Germany ApS gone bankrupt?

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

What is the bankruptcy risk of APF Germany ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of APF Germany ApS?

Christian Ewald Hansen is the CEO of APF Germany ApS.

Who is the auditor of APF Germany ApS?

APF Germany ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was APF Germany ApS founded?

APF Germany ApS was founded on 16 October 1996.

What is the equity of APF Germany ApS?

Equity was DKK -28.6m 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.