PIER ONE A/S

CVR 32880940 · Public limited company (A/S) · Active · Low risk

PIER ONE A/S is a Public limited company (A/S), founded on , based in Aarhus C. The company is registered in the industry engroshandel med fodtøj. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 12.3m and a net result of DKK 5.8m. CEO: Michael Ørum Hansen.

Bankruptcy risk for PIER ONE A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · 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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
32880940
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
c/o PH Sko A/S, Balticagade 11
8000 Aarhus C
Municipality
Aarhus
Industry
Engroshandel med fodtøj (464220)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
6 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio58.8%
Current ratio236%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address25
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 13.3mDKK 9.1mDKK 7.2m
Net profitDKK 5.8mDKK 2.8mDKK 1.2m
EquityDKK 12.3mDKK 8.9mDKK 6.1m
Total assetsDKK 20.9mDKK 18.5mDKK 17.2m
CashDKK 936kDKK 662k–
Short-term debtDKK 8.6mDKK 9.5m–
Tax owedDKK 1.7mDKK 922k–
Avg. employees88–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025121
1 Jan 2024 – 31 Dec 202486
1 Jan 2023 – 31 Dec 2023121
1 Jan 2022 – 31 Dec 2022137
1 Jan 2021 – 31 Dec 202187
1 Jan 2020 – 31 Dec 202077
1 Jan 2019 – 31 Dec 201979
1 Jan 2018 – 31 Dec 201874
1 Jan 2017 – 31 Dec 2017100
1 Jan 2016 – 31 Dec 201693
1 Jan 2015 – 31 Dec 201564
1 Jan 2014 – 31 Dec 2014117
1 Jan 2013 – 31 Dec 2013130
1 Jan 2012 – 31 Dec 2012114
1 Jan 2011 – 31 Dec 2011134
19 Apr 2010 – 31 Dec 2010117

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
CEOMichael Ørum HansenCurrent
CEOPeter Guldahl Hildebrandt
BoardPeter Guldahl HildebrandtCurrent
BoardMichael Ørum HansenCurrent
BoardLouise Juhl HildebrandtCurrent
Owner (50%)PH HOLDING RISSKOV ApSCurrent
Owner (33%)MICHAEL ØRUM HOLDING ApSCurrent
Owner (50%)PH HOLDING RISSKOV ApS
Owner (33%)MICHAEL ØRUM HOLDING ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorROESGAARD A/S
FounderPH HOLDING RISSKOV ApSCurrent
FounderMICHAEL ØRUM HOLDING ApSCurrent

The CEOs' other companies

Michael Ørum Hansen – 2 other companies

Peter Guldahl Hildebrandt – 23 other companies, of which 2 bankrupt

Address history (1 moves)

c/o PH Sko A/S, Balticagade 11, 8000 Aarhus C
c/o PH Sko A/S, Balticagade 11, 8000 Aarhus C

Former names

PIER ONE A/S – now
PIER ONE ApS –

Employees per year

Number of employees at PIER ONE A/S per year11222014: 2220142015: 1920152016: 1220162017: 1420172018: 62018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about PIER ONE A/S

Has PIER ONE A/S gone bankrupt?

No, PIER ONE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of PIER ONE A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of PIER ONE A/S?

Michael Ørum Hansen is the CEO of PIER ONE A/S.

Who is the auditor of PIER ONE A/S?

PIER ONE A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was PIER ONE A/S founded?

PIER ONE A/S was founded on 19 April 2010.

What is the equity of PIER ONE A/S?

Equity was DKK 12.3m 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.