PAK Ejendomsselskab A/S

CVR 29824053 · Public limited company (A/S) · Active · Low risk

PAK Ejendomsselskab A/S is a Public limited company (A/S), founded on , based in Middelfart. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 34.3m and a net result of DKK 3.4m. CEO: Mads Ivar Kruuse.

Bankruptcy risk for PAK Ejendomsselskab A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
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
29824053
Status
Active
Company type
Public limited company (A/S)
Founded
(19 years)
Address
Nyvang 15
5500 Middelfart
Municipality
Middelfart
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 500k
Employees
0 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 20
Missing annual reportNo
Negative equityNo
Equity ratio55.9%
Current ratio124%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 7.1mDKK 6.5m
Net profitDKK 3.4mDKK 3.3m
EquityDKK 34.3mDKK 47.4m
Total assetsDKK 61.4mDKK 76.1m
CashDKK 461k–
Short-term debtDKK 2.9m–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020110
1 Jan 2019 – 31 Dec 2019163
1 Jan 2018 – 31 Dec 2018143
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 2016138
1 Jan 2015 – 31 Dec 2015155
1 Jan 2014 – 31 Dec 201442
1 Jan 2013 – 31 Dec 201395
1 Jan 2012 – 31 Dec 2012112
1 Jan 2011 – 31 Dec 2011103
1 Jan 2010 – 31 Dec 201089
1 Jan 2009 – 31 Dec 200997
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 2007122
10 Nov 2006 – 31 Dec 2006140

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
CEOMads Ivar KruuseCurrent
BoardPer StabelCurrent
BoardAnders ErtmannCurrent
BoardLars Rabe TønnesenCurrent
BoardMads Ivar Kruuse
BoardPeer Abraham Kruuse
BoardKaren Margaretha Beck Kruuse
BoardJohn Munk Pedersen
BoardJohn Munk Pedersen
Owner (100%)Mik Holding 2016 ApSCurrent
Owner (100%)PAK Holding 2015 ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderKRUUSE HOLDING A/SCurrent

The CEOs' other companies

Mads Ivar Kruuse – 14 other companies, of which 1 bankrupt

Address history (6 moves)

Nyvang 15, 5500 Middelfart
Karolinevej 33, 5500 Middelfart
Havretoften 4, 5550 Langeskov
Karolinevej 33, 5500 Middelfart
Havretoften 4, 5550 Langeskov
Marslev Byvej 35, 5290 Marslev
Marslev Byvej 35, 5290 Marslev

Former names

PAK Ejendomsselskab A/S – now
Kruuse Ejendomsselskab A/S –
PAK Ejendomsselskab A/S –
KRUUSE EJENDOMSSELSKAB A/S –

Employees per year

Number of employees at PAK Ejendomsselskab A/S per year112016: 020162017: 120172018: 02018

Other companies at the same address

Similar companies in Middelfart

Questions and answers about PAK Ejendomsselskab A/S

Has PAK Ejendomsselskab A/S gone bankrupt?

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

What is the bankruptcy risk of PAK Ejendomsselskab A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of PAK Ejendomsselskab A/S?

Mads Ivar Kruuse is the CEO of PAK Ejendomsselskab A/S.

Who is the auditor of PAK Ejendomsselskab A/S?

PAK Ejendomsselskab A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was PAK Ejendomsselskab A/S founded?

PAK Ejendomsselskab A/S was founded on 10 November 2006.

What is the equity of PAK Ejendomsselskab A/S?

Equity was DKK 34.3m 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.