PPG ApS

CVR 25447468 · Private limited company (ApS) · Active · Low risk

PPG ApS is a Private limited company (ApS), founded on , based in Skærbæk. The company is registered in the industry ikke-finansielle holdingselskaber. 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 6.2m and a net result of DKK 724k. CEO: Poul Peter Milwertz Gad.

Bankruptcy risk for PPG 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

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
25447468
Status
Active
Company type
Private limited company (ApS)
Founded
(26 years)
Address
c/o Poul Peter Gad, Vangsbovej 2
6780 Skærbæk
Municipality
Tønder
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Jørn M. Schmidt Statsautoriseret Revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 25
Missing annual reportNo
Negative equityNo
Equity ratio97.4%
Current ratio1,639%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 675kDKK 613k
Net profitDKK 724kDKK 678k
EquityDKK 6.2mDKK 5.6m
Total assetsDKK 6.4mDKK 5.8m
CashDKK 1.4m–
Short-term debtDKK 169k–
Tax owedDKK 161k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Jørn M. Schmidt Statsautoriseret Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202536
1 Oct 2023 – 30 Sep 202445
1 Oct 2022 – 30 Sep 202358
1 Oct 2021 – 30 Sep 202247
1 Oct 2020 – 30 Sep 202160
1 Oct 2019 – 30 Sep 202047
1 Oct 2018 – 30 Sep 201942
1 Oct 2017 – 30 Sep 201844
1 Oct 2016 – 30 Sep 201740
1 Oct 2015 – 30 Sep 201653
1 Oct 2014 – 30 Sep 201565
1 Oct 2013 – 30 Sep 201472
1 Oct 2012 – 30 Sep 201353
1 Oct 2011 – 30 Sep 201250
1 Oct 2010 – 30 Sep 201131
1 Oct 2009 – 30 Sep 201034
1 Oct 2008 – 30 Sep 200942
1 Oct 2007 – 30 Sep 200836
1 Oct 2006 – 30 Sep 200752
1 Oct 2005 – 30 Sep 200637

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
CEOPoul Peter Milwertz GadCurrent
Owner (100%)Poul Peter Milwertz GadCurrent
AuditorT.Ø.7 ApS
AuditorJØRN M. SCHMIDT STATSAUTORISERET REVISIONSANPARTSSELSKAB
AuditorJØRN M. SCHMIDT STATSAUTORISERET REVISIONSANPARTSSELSKAB
FounderPoul Peter Milwertz GadCurrent

The CEOs' other companies

Poul Peter Milwertz Gad – 2 other companies

Address history (1 moves)

c/o Poul Peter Gad, Vangsbovej 2, 6780 Skærbæk
c/o Poul Peter Gad, Vangsbovej 2, 6780 Skærbæk

Similar companies in Tønder

Questions and answers about PPG ApS

Has PPG ApS gone bankrupt?

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

What is the bankruptcy risk of PPG 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 PPG ApS?

Poul Peter Milwertz Gad is the CEO of PPG ApS.

Who is the auditor of PPG ApS?

PPG ApS most recently used Jørn M. Schmidt Statsautoriseret Revisionsanpartsselskab.

When was PPG ApS founded?

PPG ApS was founded on 15 June 2000.

What is the equity of PPG ApS?

Equity was DKK 6.2m 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.