PLAYALIVE A/S

CVR 31279429 · Public limited company (A/S) · Active · Medium risk

PLAYALIVE A/S is a Public limited company (A/S), founded on , based in Odense SØ. The company is registered in the industry fremstilling af sportsudstyr. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 18 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 -1.1m and a net result of DKK -243k. CEO: Søren Straagaard.

Bankruptcy risk for PLAYALIVE A/S

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Capital changes2 · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
31279429
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
c/o Kompan A/S, C.F. Tietgens Boulevard 32C
5220 Odense SØ
Municipality
Odense
Industry
Fremstilling af sportsudstyr (323000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 500k
Employees
4 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 18
Missing annual reportNo
Negative equityYes
Equity ratio-38.5%
Current ratio42%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address18
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 658kDKK 364k
Net profitDKK -243kDKK -1.3m
EquityDKK -1.1mDKK -843k
Total assetsDKK 2.8mDKK 4.2m
CashDKK 318k–
Short-term debtDKK 3.9m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025119
1 Jan 2024 – 31 Dec 2024191 Late
1 Jan 2023 – 31 Dec 2023171
1 Jan 2022 – 31 Dec 202258
1 Jan 2021 – 31 Dec 202156
1 Jan 2020 – 31 Dec 202061
1 Jan 2019 – 31 Dec 201951
1 Jan 2018 – 31 Dec 2018116
1 Jan 2017 – 31 Dec 2017106
1 Jan 2016 – 31 Dec 201679
1 Jan 2015 – 31 Dec 201589
1 Jan 2014 – 31 Dec 201485
1 Jan 2013 – 31 Dec 201384
1 Jan 2012 – 31 Dec 2012104
1 Jan 2011 – 31 Dec 201186
1 Jan 2010 – 31 Dec 2010124
1 Jan 2009 – 31 Dec 200983
21 Feb 2008 – 31 Dec 200883

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
CEOSøren StraagaardCurrent
CEOClaus Raaen Thomsen
CEOHelle Maria Landtved
BoardHenrik Ugilt Ege ChristensenCurrent
BoardPeter Elkjær-LarsenCurrent
BoardSøren StraagaardCurrent
BoardChristian Bjerre Bojsen
BoardJan Bendix
BoardClaus Raaen Thomsen
BoardLene Stengade
BoardClaus Raaen Thomsen
BoardJørn Eskildsen
BoardMorten Bitsch Janik
BoardLene Stengade
BoardNiels Julskjær
BoardLau Kofoed Kierstein
BoardClaus Raaen Thomsen
BoardNiels Julskjær
BoardHelle Maria Landtved
Owner (15%)LK DEVELOPMENT AF 2006 ApSCurrent
Owner (15%)BT HOLDING VEJLE ApSCurrent
Owner (50%)KOMPAN A/SCurrent
Owner (10%)INNOTRONIC ApS
Owner (10%)LK DEVELOPMENT AF 2006 ApS
Owner (10%)BT HOLDING VEJLE ApS
Owner (15%)JAN BENDIX A/S
Owner (25%)Styrelsen for Forskning og Uddannelse
Owner (20%)PBI HOLDING A/S
Owner (25%)Uddannelses- og Forskningsstyrelsen
Owner (20%)Uddannelses- og Forskningsstyrelsen
Owner (5%)BOREAN INNOVATION A/S
Owner (10%)Ole Højland Clausen
Owner (15%)INNOTRONIC ApS
Owner (15%)LK DEVELOPMENT AF 2006 ApS
Owner (15%)BT HOLDING VEJLE ApS
Owner (15%)Niels Julskjær
Owner (10%)Ole Højland Clausen
Owner (20%)INNOTRONIC ApS
Owner (20%)LK DEVELOPMENT AF 2006 ApS
Owner (20%)BT HOLDING VEJLE ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJan BendixCurrent
FounderINNOTRONIC ApSCurrent
FounderLK DEVELOPMENT AF 2006 ApSCurrent
FounderKAASGAARD HOLDING ApSCurrent
FounderBT HOLDING VEJLE ApSCurrent
FounderINNOVATION MIDTVEST A/SCurrent

The CEOs' other companies

Søren Straagaard – 4 other companies

Claus Raaen Thomsen – 1 other companies

Helle Maria Landtved – 6 other companies

Address history (4 moves)

c/o Kompan A/S, C.F. Tietgens Boulevard 32C, 5220 Odense SØ
Jens Grøns Vej 2, 7100 Vejle
Platzvej 2, 7100 Vejle
Havnegade 30, 2. 2, 7100 Vejle
Brummersvej 8, 7100 Vejle

Employees per year

Number of employees at PLAYALIVE A/S per year242011: 420112012: 220122013: 220132014: 320142015: 220152016: 320162017: 320172018: 42018

Other companies at the same address

Similar companies in Odense

Questions and answers about PLAYALIVE A/S

Has PLAYALIVE A/S gone bankrupt?

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

What is the bankruptcy risk of PLAYALIVE A/S?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of PLAYALIVE A/S?

Søren Straagaard is the CEO of PLAYALIVE A/S.

When was PLAYALIVE A/S founded?

PLAYALIVE A/S was founded on 21 February 2008.

What is the equity of PLAYALIVE A/S?

Equity was DKK -1.1m 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.