DESIGN BY PIIHL ApS

CVR 29610800 · Private limited company (ApS) · Active · Low risk

DESIGN BY PIIHL ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 18 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 102k and a net result of DKK -709. CEO: Rasmus Midtiby Piihl.

Bankruptcy risk for DESIGN BY PIIHL ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
29610800
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
c/o Rasmus Piihl, Nordre Villavej 2
7100 Vejle
Municipality
Vejle
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 125k
Employees
0 (2011)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityNo
Equity ratio97.0%
Current ratio3,358%
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 year20252024
Gross profitDKK -4,001DKK -3,200
Net profitDKK -709DKK 266
EquityDKK 102kDKK 102k
Total assetsDKK 105kDKK 109k
CashDKK 25k–
Short-term debtDKK 3,119–
Tax owedDKK 75–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 202586
1 Jul 2023 – 30 Jun 2024115
1 Jul 2022 – 30 Jun 2023174
1 Jul 2021 – 30 Jun 2022131
1 Jul 2020 – 30 Jun 202182
1 Jul 2019 – 30 Jun 2020118
1 Jul 2018 – 30 Jun 201961
1 Jul 2017 – 30 Jun 2018150
1 Jul 2016 – 30 Jun 2017126
1 Jul 2015 – 30 Jun 2016124
1 Jul 2014 – 30 Jun 2015118
1 Jul 2013 – 30 Jun 2014133
1 Jul 2012 – 30 Jun 2013145
1 Jul 2011 – 30 Jun 2012165
1 Oct 2009 – 30 Sep 201080
1 Oct 2008 – 30 Sep 2009119
1 Oct 2007 – 30 Sep 200864
1 May 2006 – 30 Sep 2007123

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
CEORasmus Midtiby PiihlCurrent
Owner (100%)PIIHL HOLDING ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorLOKA INVEST A/S
AuditorREVISIONSFIRMAET EGEKVIST
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderRasmus Midtiby PiihlCurrent

The CEOs' other companies

Rasmus Midtiby Piihl – 4 other companies

Address history (1 moves)

c/o Rasmus Piihl, Nordre Villavej 2, 7100 Vejle
c/o Rasmus Bjerregaard Piihl, Ingemannsvej 17, 7000 Fredericia

Former names

DESIGN BY PIIHL ApS – now
PIIHL ApS –

Employees per year

Number of employees at DESIGN BY PIIHL ApS per year112006: 120062008: 120082009: 120092011: 02011

Other companies at the same address

Similar companies in Vejle

Questions and answers about DESIGN BY PIIHL ApS

Has DESIGN BY PIIHL ApS gone bankrupt?

No, DESIGN BY PIIHL ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of DESIGN BY PIIHL 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 DESIGN BY PIIHL ApS?

Rasmus Midtiby Piihl is the CEO of DESIGN BY PIIHL ApS.

Who is the auditor of DESIGN BY PIIHL ApS?

DESIGN BY PIIHL ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was DESIGN BY PIIHL ApS founded?

DESIGN BY PIIHL ApS was founded on 1 May 2006.

What is the equity of DESIGN BY PIIHL ApS?

Equity was DKK 102k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.