PNO DANMARK A/S

CVR 29173982 · Public limited company (A/S) · Active · Low risk

PNO DANMARK A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry udlejning og leasing af biler og lette motorkøretøjer. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 22.7m and a net result of DKK 6.9m. CEO: Jacob Nelson Lee Ørnstrand.

Bankruptcy risk for PNO DANMARK A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
29173982
Status
Active
Company type
Public limited company (A/S)
Founded
(21 years)
Address
Mossvej 17
8700 Horsens
Municipality
Horsens
Industry
Udlejning og leasing af biler og lette motorkøretøjer (771100)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 800k
Employees
5 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 21
Missing annual reportNo
Negative equityNo
Equity ratio7.7%
Current ratio35%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 69.4mDKK 80.3mDKK 82.8m
Net profitDKK 6.9mDKK 4.9mDKK -8.1m
EquityDKK 22.7mDKK 15.8mDKK 944k
Total assetsDKK 296.3mDKK 343.1mDKK 465.4m
CashDKK 1.4mDKK 30k–
Short-term debtDKK 105.0mDKK 128.4m–
Avg. employees87–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025127
1 Jan 2024 – 31 Dec 2024150
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022116
1 Jan 2021 – 31 Dec 2021109
1 Jan 2020 – 31 Dec 202085
1 Jan 2019 – 31 Dec 201967
1 Jan 2018 – 31 Dec 2018122
1 Jan 2017 – 31 Dec 201778
1 Jan 2016 – 31 Dec 2016108
1 Jan 2015 – 31 Dec 2015125
1 Jan 2014 – 31 Dec 2014150
1 Jan 2013 – 31 Dec 201391
1 Jan 2012 – 31 Dec 201285
1 Jan 2011 – 31 Dec 2011108
1 Jan 2010 – 31 Dec 2010142
1 Jan 2009 – 31 Dec 2009158
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007174
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
CEOJacob Nelson Lee ØrnstrandCurrent
CEOPer Nelson Ørnstrand
BoardJacob Nelson Lee ØrnstrandCurrent
BoardSolvej Ge Hyun Lee ØrnstrandCurrent
BoardPauli Majgaard JohannesenCurrent
BoardCarsten Kultoft Lorentsen
BoardPer Nelson Ørnstrand
BoardJens Peter Toft
BoardElse Hansen
BoardHanne Pelle Johannsen
BoardJimmy Nordling Drevfors
BoardMalin Petra Roos Bendz
BoardThomas Glen Rimington
BoardThomas Aagaard Pejter
BoardThomas Glen Rimington
BoardPauli Majgaard Johannesen
Owner (100%)PNO HOLDING A/SCurrent
Owner (100%)PNO HOLDING A/S
Owner (100%)Jacob PNO Holding A/S
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorCHRISTENSEN & KJÆR STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDansk Revision Odder
AuditorKH 74 Risskov ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPER N. ØRNSTRAND A/SCurrent

The CEOs' other companies

Jacob Nelson Lee Ørnstrand – 24 other companies, of which 4 bankrupt

Per Nelson Ørnstrand – 41 other companies, of which 3 bankrupt

Address history (5 moves)

Mossvej 17, 8700 Horsens
Mossvej 17, 8700 Horsens
Vrøndingvej 8A, 8700 Horsens
Geminivej 14, 2670 Greve
Niels Bohrs Vej 24, 8660 Skanderborg
Niels Bohrs Vej 24, 8660 Skanderborg

Former names

PNO DANMARK A/S – now
PNO TRAILER A/S –
EJENDOMMEN GEMINIVEJ 14 ApS –

Employees per year

Number of employees at PNO DANMARK A/S per year7132013: 1020132014: 1320142015: 920152016: 420162017: 420172018: 52018

Other companies at the same address

Similar companies in Horsens

Questions and answers about PNO DANMARK A/S

Has PNO DANMARK A/S gone bankrupt?

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

What is the bankruptcy risk of PNO DANMARK A/S?

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

Who is the CEO of PNO DANMARK A/S?

Jacob Nelson Lee Ørnstrand is the CEO of PNO DANMARK A/S.

Who is the auditor of PNO DANMARK A/S?

PNO DANMARK A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was PNO DANMARK A/S founded?

PNO DANMARK A/S was founded on 1 November 2005.

What is the equity of PNO DANMARK A/S?

Equity was DKK 22.7m 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.