NIELS PAGH LOGISTICS A/S

CVR 25803264 · Public limited company (A/S) · Active · Low risk

NIELS PAGH LOGISTICS A/S is a Public limited company (A/S), founded on , based in Vejen. The company is registered in the industry vejgodstransport. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 (30 Apr 2025) shows equity of DKK 22.2m and a net result of DKK 3.4m. CEO: Michael Pagh, Flemming Jørgensen.

Bankruptcy risk for NIELS PAGH LOGISTICS A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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
25803264
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
Industrivej Syd 5
6600 Vejen
Municipality
Vejen
Industry
Vejgodstransport (494100)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 1.0m
Employees
16 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 24
Missing annual reportNo
Negative equityNo
Equity ratio28.1%
Current ratio81%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 21.0mDKK 22.6m
Net profitDKK 3.4mDKK 4.4m
EquityDKK 22.2mDKK 18.8m
Total assetsDKK 79.1mDKK 65.1m
CashDKK 148k–
Short-term debtDKK 50.9m–
Avg. employees28–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025183
1 May 2023 – 30 Apr 2024183
1 May 2022 – 30 Apr 2023177
1 May 2021 – 30 Apr 2022165
1 May 2020 – 30 Apr 2021153
1 May 2019 – 30 Apr 2020243 Late
1 May 2018 – 30 Apr 2019163
1 Jan 2017 – 30 Apr 2018144
1 Jan 2016 – 31 Dec 2016171
1 Jan 2015 – 31 Dec 2015116
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012150
1 Jan 2011 – 31 Dec 2011165
1 Jan 2010 – 31 Dec 2010173
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008145
1 Jan 2007 – 31 Dec 2007143
1 Jan 2006 – 31 Dec 2006126
1 Jan 2005 – 31 Dec 2005110

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
CEOMichael PaghCurrent
CEOFlemming JørgensenCurrent
CEOMichael Pagh
CEOFlemming Jørgensen
BoardFlemming JørgensenCurrent
BoardKarsten Frost MathiesenCurrent
BoardMikkel Berg KjærsgaardCurrent
BoardFinn Boel Pedersen
BoardMichael Pagh
BoardIb Rossen Nissen
BoardAllan Jepsen
BoardBruno Poulsen
BoardTom Otzen Høj
Owner (33%)NPL Holding ApSCurrent
Owner (50%)Blue Logistics Group A/SCurrent
Owner (20%)MP VEJEN HOLDING ApS
Owner (20%)FJ VEJEN HOLDING ApS
Owner (50%)CONTINO HOLDING A/S
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorRevisionsfirmaet S.A. Spallau
AuditorGreen IV ApS
AuditorH. MARTINSEN, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorSØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMichael PaghCurrent
FounderFlemming JørgensenCurrent

The CEOs' other companies

Michael Pagh – 7 other companies

Flemming Jørgensen – 8 other companies

Address history (1 moves)

Industrivej Syd 5, 6600 Vejen
Park Alle 16, 6600 Vejen

Former names

NIELS PAGH LOGISTICS A/S – now
NIELS PAGH LOGISTICS ApS –

Employees per year

Number of employees at NIELS PAGH LOGISTICS A/S per year9172011: 1720112012: 920122013: 1420132014: 1520142015: 1520152016: 1720162017: 1620172018: 162018

Other companies at the same address

Similar companies in Vejen

Questions and answers about NIELS PAGH LOGISTICS A/S

Has NIELS PAGH LOGISTICS A/S gone bankrupt?

No, NIELS PAGH LOGISTICS A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NIELS PAGH LOGISTICS A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of NIELS PAGH LOGISTICS A/S?

Michael Pagh, Flemming Jørgensen are the CEOs of NIELS PAGH LOGISTICS A/S.

Who is the auditor of NIELS PAGH LOGISTICS A/S?

NIELS PAGH LOGISTICS A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was NIELS PAGH LOGISTICS A/S founded?

NIELS PAGH LOGISTICS A/S was founded on 14 December 2000.

What is the equity of NIELS PAGH LOGISTICS A/S?

Equity was DKK 22.2m according to the annual report for the period ending 30 April 2025.

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