PP NORDICA DANMARK ApS

CVR 34048509 · Private limited company (ApS) · Active · Very high risk

PP NORDICA DANMARK ApS is a Private limited company (ApS), founded on , based in Ansager. The company is registered in the industry agenturhandel med tømmer og andre byggematerialer. Our model estimates a bankruptcy risk of 12.9% over the next 12 months, which is 9.2 times the average for Danish companies. 14 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 2.0m and a net result of DKK 397k.

Bankruptcy risk for PP NORDICA DANMARK ApS

12.9%
probability of bankruptcy within 12 months
Very high risk

9.2 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
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×

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
34048509
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Sønderbro 24
6823 Ansager
Municipality
Varde
Industry
Agenturhandel med tømmer og andre byggematerialer (461300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Employees
3 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late6 of 14
Missing annual reportNo
Negative equityNo
Equity ratio23.0%
Current ratio162%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 3.8mDKK 4.3mDKK 4.0m
Net profitDKK 397kDKK -392kDKK -1.6m
EquityDKK 2.0mDKK -1.6mDKK -1.2m
Total assetsDKK 8.7mDKK 9.9mDKK 13.7m
Short-term debtDKK 5.3mDKK 8.5m–
Tax owedDKK 481k––
Avg. employees55–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025192 Late
1 Oct 2023 – 30 Sep 2024212 Late
1 Oct 2022 – 30 Sep 2023219 Late
1 Oct 2021 – 30 Sep 2022175
1 Oct 2020 – 30 Sep 2021165
1 Oct 2019 – 30 Sep 2020182
1 Oct 2018 – 30 Sep 2019184 Late
1 Oct 2017 – 30 Sep 2018120
1 Oct 2016 – 30 Sep 2017163
1 Oct 2015 – 30 Sep 2016165
1 Oct 2014 – 30 Sep 2015151
1 Oct 2013 – 30 Sep 2014182
1 Oct 2012 – 30 Sep 2013149
10 Nov 2011 – 30 Sep 201275

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
CEOAnton Severin Tange Olsen
CEOPalle Olsen
Owner (100%)PP Nordica Group A/SCurrent
Owner (100%)GAMMELGÅRDEN ApS
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorH.L. REVISION, IKAST ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderAnton Severin Tange OlsenCurrent

The CEOs' other companies

Anton Severin Tange Olsen – 2 other companies, of which 1 bankrupt

Palle Olsen – 6 other companies, of which 2 bankrupt

Address history (3 moves)

Sønderbro 24, 6823 Ansager
Solbakken 1, 6823 Ansager
Hoddeskovvej 9, 6823 Ansager
Trekanten 7, 8305 Samsø

Employees per year

Number of employees at PP NORDICA DANMARK ApS per year232012: 320122013: 020132014: 320142015: 320152016: 220162017: 320172018: 32018

Other companies at the same address

Similar companies in Varde

Questions and answers about PP NORDICA DANMARK ApS

Has PP NORDICA DANMARK ApS gone bankrupt?

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

What is the bankruptcy risk of PP NORDICA DANMARK ApS?

Our model estimates a bankruptcy risk of 12.9% over the next 12 months (very high risk), which is 9.2 times the average for Danish companies.

Who is the auditor of PP NORDICA DANMARK ApS?

PP NORDICA DANMARK ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was PP NORDICA DANMARK ApS founded?

PP NORDICA DANMARK ApS was founded on 10 November 2011.

What is the equity of PP NORDICA DANMARK ApS?

Equity was DKK 2.0m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.