PYROCORE ApS

CVR 34045399 · Private limited company (ApS) · Active · Low risk

PYROCORE ApS is a Private limited company (ApS), founded on , based in Stenstrup. The company is registered in the industry agenturhandel med specialiseret varesortiment, bortset fra køretøjer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 14 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -58k and a net result of DKK -3,560. CEO: Michael Adelhardt.

Bankruptcy risk for PYROCORE ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
34045399
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o Greens paprørfabrik ApS, Gemalvej 22
5771 Stenstrup
Municipality
Svendborg
Industry
Agenturhandel med specialiseret varesortiment, bortset fra køretøjer (461890)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 14
Missing annual reportNo
Negative equityYes
Equity ratio-51.6%
Current ratio9%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1,461DKK -86k
Net profitDKK -3,560DKK -88k
EquityDKK -58kDKK -54k
Total assetsDKK 112kDKK 117k
CashDKK 15k–
Short-term debtDKK 170k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024186 Late
1 Jan 2023 – 31 Dec 2023198 Late
1 Jan 2022 – 31 Dec 2022218 Late
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 2017159
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015260 Late
1 Jan 2014 – 31 Dec 2014170
1 Jan 2013 – 31 Dec 2013155
2 Nov 2011 – 31 Dec 2012176

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 AdelhardtCurrent
CEOMichael Adelhardt
Owner (100%)Michael AdelhardtCurrent
FounderMichael AdelhardtCurrent

The CEOs' other companies

Michael Adelhardt – 5 other companies, of which 2 bankrupt

Address history (1 moves)

c/o Greens paprørfabrik ApS, Gemalvej 22, 5771 Stenstrup
Kullerup Byvej 14, 5853 Ørbæk

Employees per year

Number of employees at PYROCORE ApS per year232012: 120122013: 320132014: 220142015: 220152016: 220162017: 320172018: 22018

Other companies at the same address

Similar companies in Svendborg

Questions and answers about PYROCORE ApS

Has PYROCORE ApS gone bankrupt?

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

What is the bankruptcy risk of PYROCORE ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of PYROCORE ApS?

Michael Adelhardt is the CEO of PYROCORE ApS.

When was PYROCORE ApS founded?

PYROCORE ApS was founded on 2 November 2011.

What is the equity of PYROCORE ApS?

Equity was DKK -58k 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.