PIET HEIN TRADING ApS

CVR 27052738 · Private limited company (ApS) · Active · Low risk

PIET HEIN TRADING ApS is a Private limited company (ApS), founded on , based in Middelfart. The company is registered in the industry engroshandel med kufferter og lædervarer. 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 (31 Dec 2025) shows equity of DKK 13.1m and a net result of DKK 110k. CEO: Hugo Piet Hein.

Bankruptcy risk for PIET HEIN TRADING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
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
27052738
Status
Active
Company type
Private limited company (ApS)
Founded
(23 years)
Address
Mandalvænget 5
5500 Middelfart
Municipality
Middelfart
Industry
Engroshandel med kufferter og lædervarer (464930)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
6 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 23
Missing annual reportNo
Negative equityNo
Equity ratio93.8%
Current ratio1,587%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.4mDKK 2.2mDKK 1.8m
Net profitDKK 110kDKK 162kDKK 204k
EquityDKK 13.1mDKK 2.3mDKK 2.2m
Total assetsDKK 14.0mDKK 12.6mDKK 10.0m
CashDKK 3.4mDKK 1.6m–
Short-term debtDKK 865kDKK 1.3m–
Tax owed–DKK 56k–
Avg. employees43–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025135
1 Jan 2024 – 31 Dec 2024141
1 Jan 2023 – 31 Dec 2023145
1 Jan 2022 – 31 Dec 202290
1 Jan 2021 – 31 Dec 202162
1 Jan 2020 – 31 Dec 2020105
1 Jan 2019 – 31 Dec 2019128
1 Jan 2018 – 31 Dec 2018143
1 Jan 2017 – 31 Dec 2017122
1 Jan 2016 – 31 Dec 2016114
1 Jan 2015 – 31 Dec 2015124
1 Jan 2014 – 31 Dec 2014140
1 Jan 2013 – 31 Dec 2013141
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011150
1 Jan 2010 – 31 Dec 2010159
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007168
1 Jan 2006 – 31 Dec 2006101

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
CEOHugo Piet HeinCurrent
Owner (100%)PIET HEIN A/SCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderPIET HEIN A/SCurrent

The CEOs' other companies

Hugo Piet Hein – 5 other companies

Address history (2 moves)

Mandalvænget 5, 5500 Middelfart
Skrillinge Strand 64, 5500 Middelfart
Skrillinge Strand 64, 5500 Middelfart

Employees per year

Number of employees at PIET HEIN TRADING ApS per year482011: 420112012: 320122013: 420132014: 620142015: 720152016: 820162017: 620172018: 62018

Other companies at the same address

Similar companies in Middelfart

Questions and answers about PIET HEIN TRADING ApS

Has PIET HEIN TRADING ApS gone bankrupt?

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

What is the bankruptcy risk of PIET HEIN TRADING 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 PIET HEIN TRADING ApS?

Hugo Piet Hein is the CEO of PIET HEIN TRADING ApS.

Who is the auditor of PIET HEIN TRADING ApS?

PIET HEIN TRADING ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was PIET HEIN TRADING ApS founded?

PIET HEIN TRADING ApS was founded on 21 February 2003.

What is the equity of PIET HEIN TRADING ApS?

Equity was DKK 13.1m 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.