PROARK PROPERTIES ApS

CVR 27335675 · Private limited company (ApS) · Active · Low risk

PROARK PROPERTIES ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry administration af fast ejendom på kontraktbasis. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 20 annual reports have been published, of which 13 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -25.2m and a net result of DKK -7.7m. CEO: Michael Kaa Andersen.

Bankruptcy risk for PROARK PROPERTIES ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
27335675
Status
Active
Company type
Private limited company (ApS)
Founded
(23 years)
Address
c/o Proark Asset Management I/S, Hammershusgade 9
2100 København Ø
Municipality
København
Industry
Administration af fast ejendom på kontraktbasis (683210)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 125k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late13 of 22
Missing annual reportNo
Negative equityYes
Equity ratio-7.0%
Current ratio1,162%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address224
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 39kDKK -756k
Net profitDKK -7.7mDKK -44.2m
EquityDKK -25.2mDKK -12.8m
Total assetsDKK 360.9mDKK 350.2m
CashDKK 7,893–
Short-term debtDKK 313k–
Tax owedDKK 46k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022201 Late
1 Jan 2021 – 31 Dec 2021199 Late
1 Jan 2020 – 31 Dec 2020203 Late
1 Jan 2019 – 31 Dec 2019265 Late
1 Jan 2018 – 31 Dec 2018189 Late
1 Jan 2017 – 31 Dec 2017184 Late
1 Jan 2016 – 31 Dec 2016186 Late
1 Jan 2015 – 31 Dec 2015193 Late
1 Jan 2014 – 31 Dec 2014203 Late
1 Jan 2013 – 31 Dec 2013181
1 Jan 2012 – 31 Dec 2012196 Late
1 Jan 2011 – 31 Dec 2011185 Late
1 Jan 2010 – 31 Dec 2010185 Late
1 Jan 2009 – 31 Dec 2009186 Late
1 Jan 2008 – 31 Dec 2008182
1 Jan 2007 – 31 Dec 2007168
1 Jan 2006 – 31 Dec 2006121

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 Kaa AndersenCurrent
CEOCaroline Sundorph Pontoppidan
CEOAllan Strand Olesen
CEOAllan Strand Olesen
BoardMichael Kaa Andersen
BoardSøren Eriksen
BoardMichael Brag
Owner (5%)Katerina BorisovaCurrent
Owner (33%)SINCOS HOLDING ApSCurrent
Owner (50%)MKA PENSIONSOPSPARING A/SCurrent
Owner (67%)Michael Kaa Andersen
Owner (20%)SINCOS HOLDING ApS
Owner (50%)Michael Kaa Andersen
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorGreen IV ApS
AuditorTA P/S
AuditorANDERSEN HÜBERTZ KIRKHOFF STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderKR 332 ApSCurrent

The CEOs' other companies

Michael Kaa Andersen – 55 other companies, of which 52 bankrupt

Caroline Sundorph Pontoppidan – 50 other companies, of which 50 bankrupt

Allan Strand Olesen – 45 other companies, of which 14 bankrupt

Address history (3 moves)

c/o Proark Asset Management I/S, Hammershusgade 9, 2100 København Ø
Hammershusgade 9, 2100 København Ø
c/o I/S Ejendomsinvest, Nørre Søgade 35, 1370 København K
c/o Kromann Reumert, Sundkrogsgade 5, 2100 København Ø

Former names

PROARK PROPERTIES ApS – now
ApS KOMPLEMENTARSELSKABET LANGELINIE RETAIL –
KR 1178 ApS –

Other companies at the same address

Similar companies in København

Questions and answers about PROARK PROPERTIES ApS

Has PROARK PROPERTIES ApS gone bankrupt?

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

What is the bankruptcy risk of PROARK PROPERTIES ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of PROARK PROPERTIES ApS?

Michael Kaa Andersen is the CEO of PROARK PROPERTIES ApS.

Who is the auditor of PROARK PROPERTIES ApS?

PROARK PROPERTIES ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was PROARK PROPERTIES ApS founded?

PROARK PROPERTIES ApS was founded on 18 August 2003.

What is the equity of PROARK PROPERTIES ApS?

Equity was DKK -25.2m 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.