PNN MEDICAL US A/S

CVR 26579872 · Public limited company (A/S) · Active · High risk

PNN MEDICAL US A/S is a Public limited company (A/S), founded on , based in Kvistgård. The company is registered in the industry fremstilling af medicinske og dentale instrumenter samt udstyr hertil. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 -1.8m and a net result of DKK -87k. CEO: Kim Brangstrup.

Bankruptcy risk for PNN MEDICAL US A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% 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×
RegionHovedstaden · 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×
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
26579872
Status
Active
Company type
Public limited company (A/S)
Founded
(24 years)
Address
Oldenvej 13
3490 Kvistgård
Municipality
Helsingør
Industry
Fremstilling af medicinske og dentale instrumenter samt udstyr hertil (325000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 501k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 23
Missing annual reportNo
Negative equityYes
Equity ratio-9.8%
Current ratio8%
Moves (last 2 years)0
CEO changes in total10
CEO's previous bankruptcies4
Other companies at the address12
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -71kDKK -115k
Net profitDKK -87kDKK -73k
EquityDKK -1.8mDKK -1.7m
Total assetsDKK 18.0mDKK 17.2m
Short-term debtDKK 18.4m–
Avg. employees0–

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 2013170
1 May 2011 – 30 Apr 2012171
1 May 2010 – 30 Apr 2011156
1 May 2009 – 30 Apr 2010145
1 May 2008 – 30 Apr 2009167
1 May 2007 – 30 Apr 2008154
1 May 2006 – 30 Apr 2007167
1 May 2005 – 30 Apr 2006144

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
CEOKim Madsen
CEOErik Othel-Jacobsen
CEOPeter Mørch Eriksen
CEOJeppe Øvli Øvlesen
CEOCasper Saxenfelt Tvede
BoardJan Kurt Eberlin ChristensenCurrent
BoardKim BrangstrupCurrent
BoardNiels ThestrupCurrent
BoardKim Madsen
BoardHelle Garde Carlsen
BoardAnnemette Heller
BoardErik Othel-Jacobsen
BoardHenrik Harboe
BoardBørge Aksel Jacobsen
BoardFrode Carl Wolffhechel
BoardKen Torpe Christoffersen
BoardKenneth Martin Wolffhechel
BoardIb Dybdahl Christoffersen
BoardPeter Mørch Eriksen
BoardLinette Søegaard Sørensen
BoardKurt Henrik Wolf
BoardErik Othel-Jacobsen
BoardJeppe Øvli Øvlesen
BoardKim Brangstrup
BoardIb Dybdahl Christoffersen
BoardJohn Hvidkjær
BoardNiels Thestrup
BoardHenrik Harboe
BoardKim Brangstrup
Owner (100%)PNN MEDICAL A/SCurrent
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorRevisionsfirmaet Secher v/Peter Secher
AuditorRevisionsfirmaet Mogens Andersen
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorTA P/S
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorLOKAL REVISORERNE ApS
AuditorKPMG P/S
FounderApS KBUS 38 nr.3117Current

The CEOs' other companies

Kim Brangstrup – 21 other companies, of which 7 bankrupt

Kim Madsen – 57 other companies, of which 57 bankrupt

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

Peter Mørch Eriksen – 32 other companies, of which 3 bankrupt

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

Casper Saxenfelt Tvede – 6 other companies, of which 4 bankrupt

Address history (1 moves)

Oldenvej 13, 3490 Kvistgård
c/o Stakemann A/S, Kronprinsessegade 18, 1306 København K

Former names

PNN MEDICAL US A/S – now
E & D US A/S –
A/S PSE 17 NR. 1236 –

Other companies at the same address

Similar companies in Helsingør

Questions and answers about PNN MEDICAL US A/S

Has PNN MEDICAL US A/S gone bankrupt?

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

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

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of PNN MEDICAL US A/S?

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

Who is the auditor of PNN MEDICAL US A/S?

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

When was PNN MEDICAL US A/S founded?

PNN MEDICAL US A/S was founded on 10 April 2002.

What is the equity of PNN MEDICAL US A/S?

Equity was DKK -1.8m 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.