PASSON SOLUTIONS ApS

CVR 29402906 · Private limited company (ApS) · Active · Low risk

PASSON SOLUTIONS ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry andre it- og computerserviceaktiviteter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 19 annual reports have been published, of which 4 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 256k. CEO: Ken Norborg Christensen, Jonas Sonne Sandstrøm.

Bankruptcy risk for PASSON SOLUTIONS ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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
29402906
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Prinsesse Maries Alle 17, 5.
1908 Frederiksberg C
Municipality
Frederiksberg
Industry
Andre IT- og computerserviceaktiviteter (629000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 150k
Employees
1 (2018)
Auditor
MunkStrunge Statsautoriserede Revisorer I/S
Audit opted out
No

Warning signs

Annual reports filed late4 of 19
Missing annual reportNo
Negative equityNo
Equity ratio91.6%
Current ratio1,190%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202520252024
Gross profitDKK 276kDKK -200kDKK 122k
Net profitDKK 256kDKK -196kDKK 89k
EquityDKK 1.2mDKK 945kDKK 1.1m
Total assetsDKK 1.3mDKK 1.0mDKK 1.3m
CashDKK 1.1mDKK 812k–
Short-term debtDKK 94kDKK 87k–
Tax owedDKK 0DKK 28k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · MunkStrunge.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025189 Late
1 May 2023 – 30 Apr 2024191 Late
1 May 2022 – 30 Apr 2023190 Late
1 May 2021 – 30 Apr 2022185 Late
1 May 2020 – 30 Apr 2021161
1 May 2019 – 30 Apr 2020159
1 May 2018 – 30 Apr 2019154
1 May 2017 – 30 Apr 2018140
1 May 2016 – 30 Apr 2017148
1 May 2015 – 30 Apr 2016122
1 May 2014 – 30 Apr 2015113
1 May 2013 – 30 Apr 2014173
1 May 2012 – 30 Apr 2013167
1 May 2011 – 30 Apr 2012158
1 May 2010 – 30 Apr 2011164
1 May 2009 – 30 Apr 2010160
1 May 2008 – 30 Apr 2009158
1 May 2007 – 30 Apr 2008154
1 Mar 2006 – 30 Apr 2007154

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
CEOKen Norborg ChristensenCurrent
CEOJonas Sonne SandstrømCurrent
BoardKen Norborg Christensen
BoardCarl Erik Skovgaard
BoardLasse Norborg Simonsen
Owner (20%)NORBORG HOLDING ApSCurrent
Owner (20%)Green Cotton Group A/SCurrent
Owner (50%)Sunland Holding ApSCurrent
Owner (5%)Lenette Søndergaard Liljendal
Owner (33%)NORBORG HOLDING ApS
Owner (33%)Green Cotton Group A/S
Owner (50%)NORBORG HOLDING ApS
Owner (50%)Green Cotton Group A/S
AuditorMunkStrunge Statsautoriserede Revisorer I/SCurrent
AuditorKvist & Jensen SR, Randers A/S
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderNORBORG HOLDING ApSCurrent
FounderGreen Cotton Group A/SCurrent

The CEOs' other companies

Ken Norborg Christensen – 5 other companies

Jonas Sonne Sandstrøm – 4 other companies

Address history (4 moves)

Prinsesse Maries Alle 17, 5., 1908 Frederiksberg C
Thrigesvej 5, 7430 Ikast
Ellehammervej 8, 7430 Ikast
Ellehammervej 8, 7430 Ikast
Ellehammervej 6, 7430 Ikast

Employees per year

Number of employees at PASSON SOLUTIONS ApS per year232011: 220112012: 120122013: 320132014: 120142015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about PASSON SOLUTIONS ApS

Has PASSON SOLUTIONS ApS gone bankrupt?

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

What is the bankruptcy risk of PASSON SOLUTIONS ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of PASSON SOLUTIONS ApS?

Ken Norborg Christensen, Jonas Sonne Sandstrøm are the CEOs of PASSON SOLUTIONS ApS.

Who is the auditor of PASSON SOLUTIONS ApS?

PASSON SOLUTIONS ApS most recently used MunkStrunge Statsautoriserede Revisorer I/S.

When was PASSON SOLUTIONS ApS founded?

PASSON SOLUTIONS ApS was founded on 1 March 2006.

What is the equity of PASSON SOLUTIONS 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.