PROGROUP EUROPE ApS

CVR 32266649 · Private limited company (ApS) · Active · Very high risk

PROGROUP EUROPE ApS is a Private limited company (ApS), founded on , based in Grenaa. The company is registered in the industry it-infrastruktur, databehandling, hosting og relaterede aktiviteter. Our model estimates a bankruptcy risk of 21.6% over the next 12 months, which is 15.3 times the average for Danish companies. 17 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 28k and a net result of DKK -154k. CEO: Christian Bach Petersen.

Bankruptcy risk for PROGROUP EUROPE ApS

21.6%
probability of bankruptcy within 12 months
Very high risk

15.3 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years3+ · bankruptcy rate 41.0%4.7×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
32266649
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Rugvænget 7B
8500 Grenaa
Municipality
Norddjurs
Industry
IT-infrastruktur, databehandling, hosting og relaterede aktiviteter (631000)
Bankruptcies in the industry: Webportaler
Share capital
DKK 125k
Employees
0 (2011)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 17
Missing annual reportNo
Negative equityNo
Equity ratio3.4%
Current ratio61%
Moves (last 2 years)3
CEO changes in total2
CEO's previous bankruptcies3
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 424kDKK 318k
Net profitDKK -154kDKK 1.3m
EquityDKK 28kDKK 1.6m
Total assetsDKK 816kDKK 4.0m
CashDKK 2,250–
Short-term debtDKK 325k–
Tax owedDKK 109k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024150
1 Jan 2023 – 31 Dec 202399
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021164
1 Jan 2020 – 31 Dec 2020167
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018172
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 2016159
1 Jan 2015 – 31 Dec 2015141
1 Jan 2014 – 31 Dec 2014154
1 Jan 2013 – 31 Dec 2013162
1 Jan 2012 – 31 Dec 2012163
1 Jan 2011 – 31 Dec 2011179
1 Jan 2010 – 31 Dec 2010153
20 Jun 2009 – 31 Dec 2009153

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
CEOChristian Bach PetersenCurrent
CEOUlrik Kjærsgaard Larsen
Owner (50%)2305 HOLDING ApSCurrent
Owner (25%)3103 holding ApsCurrent
Owner (15%)M-Field Holding ApSCurrent
Owner (50%)Asaa Nord ApS
Owner (50%)2305 HOLDING ApS
Owner (100%)2305 HOLDING ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorERLING G. JENSEN REVISIONSANPARTSSELSKAB
FounderAsaa Nord ApSCurrent

The CEOs' other companies

Christian Bach Petersen – 24 other companies, of which 3 bankrupt

Ulrik Kjærsgaard Larsen – 12 other companies, of which 1 bankrupt

Address history (5 moves)

Rugvænget 7B, 8500 Grenaa
Kystvej 26, 8500 Grenaa
Vesterbro 125, 9000 Aalborg
Strandvejen 9, 1., 9000 Aalborg
Blomsterbakken 2, 9380 Vestbjerg
Marie Grubbes Vej 6, 9380 Vestbjerg

Former names

PROGROUP EUROPE ApS – now
PROMATS EUROPE ApS –

Employees per year

Number of employees at PROGROUP EUROPE ApS per year112011: 02011

Other companies at the same address

Similar companies in Norddjurs

Questions and answers about PROGROUP EUROPE ApS

Has PROGROUP EUROPE ApS gone bankrupt?

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

What is the bankruptcy risk of PROGROUP EUROPE ApS?

Our model estimates a bankruptcy risk of 21.6% over the next 12 months (very high risk), which is 15.3 times the average for Danish companies.

Who is the CEO of PROGROUP EUROPE ApS?

Christian Bach Petersen is the CEO of PROGROUP EUROPE ApS.

Who is the auditor of PROGROUP EUROPE ApS?

PROGROUP EUROPE ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was PROGROUP EUROPE ApS founded?

PROGROUP EUROPE ApS was founded on 20 June 2009.

What is the equity of PROGROUP EUROPE ApS?

Equity was DKK 28k 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.