PPLUS Re Capital A/S

CVR 31754941 · Public limited company (A/S) · Active · Low risk

PPLUS Re Capital A/S is a Public limited company (A/S), founded on , based in Frederiksberg. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 17 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 345.4m and a net result of DKK -9.7m. CEO: Camilla Schelle Olkjær.

Bankruptcy risk for PPLUS Re Capital A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · 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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
31754941
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
c/o CEJ Ejendomsadministration A/S, Nitivej 6
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 20.0m
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio95.1%
Current ratio25%
Moves (last 2 years)2
CEO changes in total10
CEO's previous bankruptcies0
Other companies at the address102
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -17kDKK -130kDKK -162k
Net profitDKK -9.7mDKK 11.2mDKK 7.9m
EquityDKK 345.4mDKK 358.9mDKK 347.7m
Total assetsDKK 363.3mDKK 376.7mDKK 365.5m
Short-term debtDKK 17.9mDKK 17.9m–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024114
1 Jan 2023 – 31 Dec 202359
1 Jan 2022 – 31 Dec 202258
1 Jan 2021 – 31 Dec 2021111
1 Jan 2020 – 31 Dec 202056
1 Jan 2019 – 31 Dec 201963
1 Jan 2018 – 31 Dec 201871
1 Jan 2017 – 31 Dec 201773
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015140
1 Jan 2014 – 31 Dec 2014113
1 Jan 2013 – 31 Dec 2013112
1 Jan 2012 – 31 Dec 2012113
1 Jan 2011 – 31 Dec 2011101
1 Jan 2010 – 31 Dec 2010118
11 Sep 2008 – 31 Dec 2009124

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
CEOCamilla Schelle OlkjærCurrent
CEOCarsten Viggo Bæk
CEOErik Veedfald
CEOKim Nielsen
CEOMorten Østrup Møller
CEOSøren Grusgaard
BoardMads Janus StougaardCurrent
BoardNina Simone Valeska Grunow-JensenCurrent
BoardJasper RiisCurrent
BoardLars Leo Thylander
BoardSebastian Bille Christmas Poulsen
BoardBendt Tido Hannibal Wedell
BoardJohan Ernst Wedell-Wedellsborg
BoardMichael Ritto
BoardJohn Schwartzbach
BoardLars Leo Thylander
BoardSebastian Bille Christmas Poulsen
BoardTorben Visholm
BoardSøren Kolbye Sørensen
BoardSøren Kolbye Sørensen
BoardMikkel Svenstrup
BoardAnders Christian Schelde
BoardKåre Hahn Michelsen
Owner (100%)P+, Pensionskassen for AkademikereCurrent
Owner (33%)TG PARTNERS H1 A/S
Owner (50%)TG PARTNERS H2 A/S
Owner (33%)DANSKE CIVIL- OG AKADEMIINGENIØRERS PENSIONSKASSE
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorGRANT THORNTON, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderTG PARTNERS HOLDING A/SCurrent

The CEOs' other companies

Camilla Schelle Olkjær – 28 other companies

Carsten Viggo Bæk – 48 other companies, of which 1 bankrupt

Erik Veedfald – 36 other companies

Kim Nielsen – 37 other companies

Morten Østrup Møller – 32 other companies, of which 1 bankrupt

Søren Grusgaard – 30 other companies

Address history (3 moves)

c/o CEJ Ejendomsadministration A/S, Nitivej 6, 2000 Frederiksberg
c/o CEJ Ejendomsadministration A/S, Meldahlsgade 5, 1., 1613 København V
c/o DEAS A/S, Dirch Passers Allé 76, 2000 Frederiksberg
c/o Thylander & Company A/S, Store Strandstræde 19, 1255 København K

Former names

PPLUS Re Capital A/S – now
TG PARTNERS A/S –

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about PPLUS Re Capital A/S

Has PPLUS Re Capital A/S gone bankrupt?

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

What is the bankruptcy risk of PPLUS Re Capital A/S?

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 PPLUS Re Capital A/S?

Camilla Schelle Olkjær is the CEO of PPLUS Re Capital A/S.

Who is the auditor of PPLUS Re Capital A/S?

PPLUS Re Capital A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was PPLUS Re Capital A/S founded?

PPLUS Re Capital A/S was founded on 11 September 2008.

What is the equity of PPLUS Re Capital A/S?

Equity was DKK 345.4m 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.