PAPEP ApS

CVR 31490979 · Private limited company (ApS) · Active · Low risk

PAPEP ApS is a Private limited company (ApS), founded on , based in Bjerringbro. 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. 19 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Apr 2026) shows equity of DKK 3.1m and a net result of DKK -1.5m. CEO: Frits Pape Pedersen.

Bankruptcy risk for PAPEP ApS

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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×

Reduces the risk

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
31490979
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Fredensvej 23
8850 Bjerringbro
Municipality
Viborg
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 192k
Auditor
REVIMIDT Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 19
Missing annual reportNo
Negative equityNo
Equity ratio51.5%
Current ratio200%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 418kDKK 323kDKK 322k
Net profitDKK -1.5mDKK -912kDKK 644k
EquityDKK 3.1mDKK 3.1mDKK 3.3m
Total assetsDKK 5.9mDKK 5.2mDKK 5.7m
CashDKK 65kDKK 146k–
Short-term debtDKK 1.5mDKK 471k–
Tax owedDKK 0DKK 17k–
Avg. employees21–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026176
1 May 2024 – 30 Apr 2025180
1 May 2023 – 30 Apr 2024185 Late
1 May 2022 – 30 Apr 2023184 Late
1 May 2021 – 30 Apr 2022181
1 May 2020 – 30 Apr 2021168
1 May 2019 – 30 Apr 2020211 Late
1 May 2018 – 30 Apr 2019160
1 May 2017 – 30 Apr 2018157
1 May 2016 – 30 Apr 2017158
1 May 2015 – 30 Apr 2016160
1 May 2014 – 30 Apr 2015158
1 May 2013 – 30 Apr 2014154
1 May 2012 – 30 Apr 2013153
1 May 2011 – 30 Apr 2012156
1 May 2010 – 30 Apr 2011136
1 May 2009 – 30 Apr 2010152
1 May 2008 – 30 Apr 2009154
27 Mar 2008 – 30 Apr 2008153

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
CEOFrits Pape PedersenCurrent
Owner (50%)Frits Pape PedersenCurrent
Owner (33%)Aida ThøgersenCurrent
AuditorHVASS Rådgivning A/S
AuditorRevisionsfirmaet Lars Olsen Registreret Revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorREVIMIDT Godkendt Revisionsaktieselskab

The CEOs' other companies

Frits Pape Pedersen – 4 other companies, of which 1 bankrupt

Address history (0 moves)

Fredensvej 23, 8850 Bjerringbro

Other companies at the same address

Similar companies in Viborg

Questions and answers about PAPEP ApS

Has PAPEP ApS gone bankrupt?

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

What is the bankruptcy risk of PAPEP ApS?

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 PAPEP ApS?

Frits Pape Pedersen is the CEO of PAPEP ApS.

Who is the auditor of PAPEP ApS?

PAPEP ApS most recently used REVIMIDT Godkendt Revisionsaktieselskab.

When was PAPEP ApS founded?

PAPEP ApS was founded on 30 April 2008.

What is the equity of PAPEP ApS?

Equity was DKK 3.1m according to the annual report for the period ending 30 April 2026.

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