PAY4IT ApS

CVR 31615712 · Private limited company (ApS) · Active · Low risk

PAY4IT ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 4.0m and a net result of DKK 1.4m. CEO: René Christian Lundbæk, Peter Lykke Rasmussen, Morten Hagedorn.

Bankruptcy risk for PAY4IT 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

Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%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×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×

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
31615712
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Saxovej 18
6000 Kolding
Municipality
Kolding
Industry
Andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring (661900)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 142k
Employees
7 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 18
Missing annual reportNo
Negative equityNo
Equity ratio20.1%
Current ratio137%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 6.5mDKK 5.4mDKK 7.1m
Net profitDKK 1.4mDKK 441kDKK 2.0m
EquityDKK 4.0mDKK 2.6mDKK 2.2m
Total assetsDKK 19.9mDKK 17.7mDKK 16.7m
CashDKK 17.5mDKK 15.3m–
Short-term debtDKK 14.6mDKK 13.2m–
Avg. employees1010–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025141
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022122
1 Jan 2021 – 31 Dec 2021158
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016160
1 Jan 2015 – 31 Dec 2015154
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013139
1 Jan 2012 – 31 Dec 2012154
1 Jan 2011 – 31 Dec 2011163
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009157
24 Jun 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
CEORené Christian LundbækCurrent
CEOPeter Lykke RasmussenCurrent
CEOMorten HagedornCurrent
CEOBrian Nielsen
Owner (100%)Pay4it Holding ApSCurrent
Owner (10%)Morten Hagedorn
Owner (25%)Simon Skouboe
Owner (25%)René Christian Lundbæk
Owner (25%)Peter Lykke Rasmussen
Owner (25%)LYKKE RASMUSSEN HOLDING ApS
Owner (25%)LUNDBÆK SØRENSEN HOLDING ApS
Owner (25%)SS Holding Kolding ApS
Owner (10%)HAGEDORN INVEST ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorREVISIONSFIRMAET JOHN JOHANSEN STATSAUTORISERET REVISOR
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKPMG P/S
AuditorCedra Godkendt Revisionsaktieselskab
FounderBRNI IMPORT ApSCurrent
FounderLYKKE RASMUSSEN HOLDING ApSCurrent
FounderLUNDBÆK SØRENSEN HOLDING ApSCurrent

The CEOs' other companies

René Christian Lundbæk – 4 other companies, of which 1 bankrupt

Peter Lykke Rasmussen – 4 other companies

Morten Hagedorn – 2 other companies

Brian Nielsen – 2 other companies

Address history (1 moves)

Saxovej 18, 6000 Kolding
Olaf Ryes Gade 7C, 1., 6000 Kolding

Employees per year

Number of employees at PAY4IT ApS per year472011: 220112012: 220122013: 520132014: 520142015: 620152016: 720162017: 620172018: 72018

Other companies at the same address

Similar companies in Kolding

Questions and answers about PAY4IT ApS

Has PAY4IT ApS gone bankrupt?

No, PAY4IT ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of PAY4IT 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 PAY4IT ApS?

René Christian Lundbæk, Peter Lykke Rasmussen, Morten Hagedorn are the CEOs of PAY4IT ApS.

Who is the auditor of PAY4IT ApS?

PAY4IT ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was PAY4IT ApS founded?

PAY4IT ApS was founded on 24 June 2008.

What is the equity of PAY4IT ApS?

Equity was DKK 4.0m 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.