PM BYG A/S

CVR 28892608 · Public limited company (A/S) · Active · Medium risk

PM BYG A/S is a Public limited company (A/S), founded on , based in Varde. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 665k and a net result of DKK 40k. CEO: Michael Frausing Mortensen.

Bankruptcy risk for PM BYG A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · 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×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
28892608
Status
Active
Company type
Public limited company (A/S)
Founded
(21 years)
Address
Håndværkervej 7
6800 Varde
Municipality
Varde
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 21
Missing annual reportNo
Negative equityNo
Equity ratio37.7%
Current ratio153%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.4mDKK 1.2mDKK 1.3m
Net profitDKK 40kDKK 7,590DKK 25k
EquityDKK 665kDKK 633kDKK 650k
Total assetsDKK 1.8mDKK 2.6mDKK 2.4m
CashDKK 637kDKK 1.2m–
Short-term debtDKK 1.1mDKK 1.9m–
Tax owedDKK 10kDKK 0–
Avg. employees33–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022150
1 Jan 2021 – 31 Dec 2021140
1 Jan 2020 – 31 Dec 2020149
1 Jan 2019 – 31 Dec 2019136
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 201698
1 Jan 2015 – 31 Dec 2015122
1 Jan 2014 – 31 Dec 2014189 Late
1 Jan 2013 – 31 Dec 201384
1 Jan 2012 – 31 Dec 2012120
1 Jan 2011 – 31 Dec 2011166
1 Jan 2010 – 31 Dec 2010159
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008133
1 Jan 2007 – 31 Dec 2007149
1 Jan 2006 – 31 Dec 2006176

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 Frausing MortensenCurrent
CEOPoul Evald Frausing Mortensen
BoardMichael Frausing MortensenCurrent
BoardAnnette Birgitte MortensenCurrent
BoardOliver Frausing MortensenCurrent
BoardPoul Evald Frausing Mortensen
BoardStefan Frausing Mortensen
Owner (100%)MICHAEL MORTENSEN HOLDING ApSCurrent
AuditorPRV A/S
FounderPoul Evald Frausing MortensenCurrent

The CEOs' other companies

Michael Frausing Mortensen – 1 other companies

Poul Evald Frausing Mortensen – 1 other companies

Address history (4 moves)

Håndværkervej 7, 6800 Varde
Håndværkervej 7, 6800 Varde
Villavej 38A, 6800 Varde
Villavej 38A, 6800 Varde
38A,

Employees per year

Number of employees at PM BYG A/S per year242011: 220112012: 220122013: 320132014: 420142015: 220152016: 420162017: 420172018: 22018

Other companies at the same address

Similar companies in Varde

Questions and answers about PM BYG A/S

Has PM BYG A/S gone bankrupt?

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

What is the bankruptcy risk of PM BYG A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of PM BYG A/S?

Michael Frausing Mortensen is the CEO of PM BYG A/S.

When was PM BYG A/S founded?

PM BYG A/S was founded on 23 June 2005.

What is the equity of PM BYG A/S?

Equity was DKK 665k 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.