PAPUGA BUS A/S

CVR 27199992 · Public limited company (A/S) · Active · Low risk

PAPUGA BUS A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry passagertransport ad vej uden fast køreplan. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 38.2m and a net result of DKK 7.1m. CEO: Thomas Klüver Wandahl.

Bankruptcy risk for PAPUGA BUS A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×

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
27199992
Status
Active
Company type
Public limited company (A/S)
Founded
(23 years)
Address
Lundahl Nielsens Vej 1
7100 Vejle
Municipality
Vejle
Industry
Passagertransport ad vej uden fast køreplan (493200)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 500k
Employees
51 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 23
Missing annual reportNo
Negative equityNo
Equity ratio65.6%
Current ratio427%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 16.4mDKK 855kDKK 6.5m
Net profitDKK 7.1mDKK 3.0mDKK 2.3m
EquityDKK 38.2mDKK 29.7mDKK 28.7m
Total assetsDKK 58.3mDKK 56.7mDKK 88.9m
CashDKK 33kDKK 210k–
Short-term debtDKK 10.6mDKK 12.5m–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025149
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023152
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021201 Late
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019182
1 Jan 2018 – 31 Dec 2018156
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015154
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012148
1 Jan 2011 – 31 Dec 2011274 Late
1 Jan 2010 – 31 Dec 2010157
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008160
1 Jan 2007 – 31 Dec 2007122
1 Jan 2006 – 31 Dec 2006130

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
CEOThomas Klüver WandahlCurrent
CEOHein Papuga
CEOPeter Papuga
CEOStig Frimann Poulsen
BoardThomas Klüver WandahlCurrent
BoardSøren JespersenCurrent
BoardAllan StichCurrent
BoardHein Papuga
BoardGitte Papuga
BoardPeter Papuga
BoardMichael Roschmann Skovgaard
BoardNiels Holst Pedersen
BoardHenrik Jørgensen
BoardPeter Papuga
BoardNiels Holst Pedersen
BoardLars Eg Larsen
BoardMogens Outsen Pedersen
BoardTeddy Krogh
BoardBrian Höyer
BoardStig Frimann Poulsen
BoardMogens Outsen Pedersen
BoardThomas Klüver Wandahl
BoardLars Eg Larsen
Owner (25%)Larsenbus ApSCurrent
Owner (67%)Vikingbus Gruppen A/SCurrent
Owner (25%)HEIN PAPUGA HOLDING ApS
Owner (67%)PETER PAPUGA HOLDING ApS
Owner (25%)HEIN PAPUGA HOLDING ApS
Owner (67%)PETER PAPUGA HOLDING ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorMARTINSEN, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorRevi-Invest A/S
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderHein PapugaCurrent

The CEOs' other companies

Thomas Klüver Wandahl – 35 other companies

Hein Papuga – 12 other companies, of which 2 bankrupt

Peter Papuga – 21 other companies

Stig Frimann Poulsen – 36 other companies

Address history (2 moves)

Lundahl Nielsens Vej 1, 7100 Vejle
Lundahl Nielsens Vej 1, 7100 Vejle
Lundahl Nielsens Vej 1, 7100 Vejle

Former names

PAPUGA BUS A/S – now
PAPUGA BUS ApS –

Employees per year

Number of employees at PAPUGA BUS A/S per year26512011: 3520112012: 4120122013: 3020132014: 3520142015: 4520152016: 4220162017: 4720172018: 512018

Other companies at the same address

Similar companies in Vejle

Questions and answers about PAPUGA BUS A/S

Has PAPUGA BUS A/S gone bankrupt?

No, PAPUGA BUS A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of PAPUGA BUS A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of PAPUGA BUS A/S?

Thomas Klüver Wandahl is the CEO of PAPUGA BUS A/S.

Who is the auditor of PAPUGA BUS A/S?

PAPUGA BUS A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was PAPUGA BUS A/S founded?

PAPUGA BUS A/S was founded on 10 June 2003.

What is the equity of PAPUGA BUS A/S?

Equity was DKK 38.2m 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.