PIER 1 ApS

CVR 31581044 · Private limited company (ApS) · Active · Low risk

PIER 1 ApS is a Private limited company (ApS), founded on , based in Skagen. The company is registered in the industry detailhandel med tøj. 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, 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 5.9m and a net result of DKK 920k. CEO: Minna Starbæk.

Bankruptcy risk for PIER 1 ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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
31581044
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Nordkajen 2
9990 Skagen
Municipality
Frederikshavn
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Employees
8 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 18
Missing annual reportNo
Negative equityNo
Equity ratio77.2%
Current ratio396%
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 year20252024
Gross profitDKK 3.9mDKK 4.1m
Net profitDKK 920kDKK 1.1m
EquityDKK 5.9mDKK 5.5m
Total assetsDKK 7.6mDKK 9.8m
CashDKK 2.8m–
Short-term debtDKK 1.3m–
Tax owedDKK 248k–
Avg. employees6–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023151
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021123
1 Jan 2020 – 31 Dec 2020165
1 Jan 2019 – 31 Dec 2019240 Late
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016139
1 Jan 2015 – 31 Dec 2015160
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012144
1 Jan 2011 – 31 Dec 2011167
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009156
1 Jan 2008 – 31 Dec 2008161

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
CEOMinna StarbækCurrent
Owner (100%)PIER 1 HOLDING ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMinna StarbækCurrent

The CEOs' other companies

Minna Starbæk – 1 other companies

Address history (0 moves)

Nordkajen 2, 9990 Skagen

Employees per year

Number of employees at PIER 1 ApS per year592011: 520112012: 420122013: 420132014: 620142015: 620152016: 920162017: 820172018: 82018

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about PIER 1 ApS

Has PIER 1 ApS gone bankrupt?

No, PIER 1 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of PIER 1 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 PIER 1 ApS?

Minna Starbæk is the CEO of PIER 1 ApS.

Who is the auditor of PIER 1 ApS?

PIER 1 ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was PIER 1 ApS founded?

PIER 1 ApS was founded on 27 June 2008.

What is the equity of PIER 1 ApS?

Equity was DKK 5.9m 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.