P.S.E. INTERNATIONAL ApS

CVR 29778876 · Private limited company (ApS) · Active · Low risk

P.S.E. INTERNATIONAL ApS is a Private limited company (ApS), founded on , based in Østbirk. The company is registered in the industry fremstilling af andre maskiner til specielle formål i.a.n.. 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. The latest annual report (31 Dec 2025) shows equity of DKK 1.6m and a net result of DKK -617k. CEO: Peter Vemmelund Jensen, Lars Bülow Hartvigsen, Torben Bilstrup.

Bankruptcy risk for P.S.E. INTERNATIONAL 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · 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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
29778876
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Stenkærvej 2
8752 Østbirk
Municipality
Horsens
Industry
Fremstilling af andre maskiner til specielle formål i.a.n. (289900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 150k
Employees
3 (2018)
Auditor
Status RevisionGodkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio92.2%
Current ratio1,277%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -179kDKK 8.4m
Net profitDKK -617kDKK 3.8m
EquityDKK 1.6mDKK 2.2m
Total assetsDKK 1.7mDKK 5.6m
CashDKK 1.7m–
Short-term debtDKK 135k–
Tax owedDKK 69k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Status RevisionGodkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025121
1 Jan 2024 – 31 Dec 202493
1 Jan 2023 – 31 Dec 2023122
1 Jan 2022 – 31 Dec 2022110
1 Jan 2021 – 31 Dec 202169
1 Jan 2020 – 31 Dec 2020145
1 Jan 2019 – 31 Dec 201992
1 Jan 2018 – 31 Dec 201860
1 Jan 2017 – 31 Dec 201785
1 Jan 2016 – 31 Dec 2016125
1 Jan 2015 – 31 Dec 201564
1 Jan 2014 – 31 Dec 201469
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012115
1 Jan 2011 – 31 Dec 2011158
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 2007168
17 Aug 2006 – 31 Dec 2006169

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
CEOPeter Vemmelund JensenCurrent
CEOLars Bülow HartvigsenCurrent
CEOTorben BilstrupCurrent
CEOKent Thorsø Friborg
Owner (33%)BÜLOW HOLDING ApSCurrent
Owner (33%)VEMMELUND INVEST ApSCurrent
Owner (33%)PWB HOLDING ApSCurrent
AuditorREVISIONSFIRMAET RATHMANN & MORTENSEN, GODKENDT REVISIONSANPARTSSELSKAB
AuditorStatus Revision, Godkendt Revisionsaktieselskab
FounderVEMMELUND INVEST ApSCurrent
FounderSUMMATECH HOLDING ApSCurrent

The CEOs' other companies

Peter Vemmelund Jensen – 3 other companies

Lars Bülow Hartvigsen – 8 other companies, of which 4 bankrupt

Torben Bilstrup – 19 other companies, of which 5 bankrupt

Kent Thorsø Friborg – 1 other companies

Address history (4 moves)

Stenkærvej 2, 8752 Østbirk
Bredgade 43, st. tv, 8740 Brædstrup
Søbækvej 2, 8740 Brædstrup
c/o Peter Vemmelund Jensen, Thorsøhøjen 18, 8600 Silkeborg
c/o Peter Vemmelund Jensen, Thorsøhøjen 18, 8600 Silkeborg

Former names

P.S.E. INTERNATIONAL ApS – now
PIPETECH INTERNATIONAL ApS –

Employees per year

Number of employees at P.S.E. INTERNATIONAL ApS per year352011: 520112012: 520122013: 320132014: 320142015: 320152016: 320162017: 320172018: 32018

Other companies at the same address

Similar companies in Horsens

Questions and answers about P.S.E. INTERNATIONAL ApS

Has P.S.E. INTERNATIONAL ApS gone bankrupt?

No, P.S.E. INTERNATIONAL ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of P.S.E. INTERNATIONAL 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 P.S.E. INTERNATIONAL ApS?

Peter Vemmelund Jensen, Lars Bülow Hartvigsen, Torben Bilstrup are the CEOs of P.S.E. INTERNATIONAL ApS.

Who is the auditor of P.S.E. INTERNATIONAL ApS?

P.S.E. INTERNATIONAL ApS most recently used Status RevisionGodkendt Revisionsaktieselskab.

When was P.S.E. INTERNATIONAL ApS founded?

P.S.E. INTERNATIONAL ApS was founded on 17 August 2006.

What is the equity of P.S.E. INTERNATIONAL ApS?

Equity was DKK 1.6m 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.