PALLES OLIEFYRSSERVICE ApS

CVR 28509820 · Private limited company (ApS) · Active · Low risk

PALLES OLIEFYRSSERVICE ApS is a Private limited company (ApS), founded on , based in Hjørring. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. 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, 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 1.2m and a net result of DKK 732k. CEO: Palle Steen Iversen.

Bankruptcy risk for PALLES OLIEFYRSSERVICE ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%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×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
28509820
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
Øster Hedevej 220
9800 Hjørring
Municipality
Hjørring
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
3 (2018)
Auditor
Revisions-Partner I/S
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 21
Missing annual reportNo
Negative equityNo
Equity ratio68.4%
Current ratio316%
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 2.2mDKK 3.2mDKK 1.3m
Net profitDKK 732kDKK 901kDKK 316k
EquityDKK 1.2mDKK 1.2mDKK 578k
Total assetsDKK 1.8mDKK 2.5mDKK 1.0m
CashDKK 1.2mDKK 1.5m–
Short-term debtDKK 561kDKK 1.3m–
Avg. employees23–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisions-Partner I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025138
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020124
1 Jan 2019 – 31 Dec 2019230 Late
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015148
1 Jan 2014 – 31 Dec 2014141
1 Jan 2013 – 31 Dec 2013149
1 Jan 2012 – 31 Dec 2012149
1 Jan 2011 – 31 Dec 2011145
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009133
1 Jan 2008 – 31 Dec 200896
1 Jan 2007 – 31 Dec 2007135
1 Jan 2006 – 31 Dec 2006148

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
CEOPalle Steen IversenCurrent
Owner (100%)PALLE IVERSEN HOLDING ApSCurrent
AuditorRevisions-Partner I/S, registrerede revisorer
FounderPalle Steen IversenCurrent

The CEOs' other companies

Palle Steen Iversen – 1 other companies

Address history (1 moves)

Øster Hedevej 220, 9800 Hjørring
Øster Hedevej 220, 9800 Hjørring

Employees per year

Number of employees at PALLES OLIEFYRSSERVICE ApS per year352011: 520112012: 420122013: 520132014: 320142015: 420152016: 320162017: 320172018: 32018

Other companies at the same address

Similar companies in Hjørring

Questions and answers about PALLES OLIEFYRSSERVICE ApS

Has PALLES OLIEFYRSSERVICE ApS gone bankrupt?

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

What is the bankruptcy risk of PALLES OLIEFYRSSERVICE 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 PALLES OLIEFYRSSERVICE ApS?

Palle Steen Iversen is the CEO of PALLES OLIEFYRSSERVICE ApS.

Who is the auditor of PALLES OLIEFYRSSERVICE ApS?

PALLES OLIEFYRSSERVICE ApS most recently used Revisions-Partner I/S.

When was PALLES OLIEFYRSSERVICE ApS founded?

PALLES OLIEFYRSSERVICE ApS was founded on 18 March 2005.

What is the equity of PALLES OLIEFYRSSERVICE ApS?

Equity was DKK 1.2m 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.