PP Nordica Rental ApS

CVR 34354553 · Private limited company (ApS) · Active · High risk

PP Nordica Rental ApS is a Private limited company (ApS), founded on , based in Ansager. The company is registered in the industry udlejning og leasing af andet materiel, udstyr og andre materielle aktiver til events. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 13 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 -7.2m and a net result of DKK -35k. CEO: Palle Olsen.

Bankruptcy risk for PP Nordica Rental ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
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×

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
34354553
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Sønderbro 24
6823 Ansager
Municipality
Varde
Industry
Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver til events (773910)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 80k
Employees
4 (2018)
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 13
Missing annual reportNo
Negative equityYes
Equity ratio-2,217.3%
Current ratio4%
Moves (last 2 years)1
CEO changes in total8
CEO's previous bankruptcies1
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -165DKK -18k
Net profitDKK -35kDKK -214k
EquityDKK -7.2mDKK -7.2m
Total assetsDKK 324kDKK 320k
CashDKK 0–
Short-term debtDKK 7.5m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025176
1 Oct 2023 – 30 Sep 2024197 Late
1 Oct 2022 – 30 Sep 2023219 Late
1 Oct 2021 – 30 Sep 2022174
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 Jan 2016 – 31 Dec 2016191 Late
1 Jan 2015 – 31 Dec 2015138
1 Jan 2014 – 31 Dec 2014166
1 Jan 2013 – 31 Dec 2013174
19 Dec 2011 – 31 Dec 2012165

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
CEOPalle OlsenCurrent
CEOPalle Olsen
CEOAnton Severin Tange Olsen
CEOJohn Nomanni
CEOPalle Olsen
CEOJørgen Abildgaard
BoardPalle Olsen
BoardTor Arild Hegstad
BoardTerje Peter Iversen
BoardMartha Lomsdal Strand
BoardMonika Leistad Evensen
Owner (100%)GAMMELGÅRDEN ApSCurrent
Owner (50%)Acrylicon Norge AS
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPP NORDICA DANMARK ApSCurrent
FounderAcrylicon Norge ASCurrent

The CEOs' other companies

Palle Olsen – 6 other companies, of which 2 bankrupt

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

Jørgen Abildgaard – 1 other companies, of which 1 bankrupt

Address history (8 moves)

Sønderbro 24, 6823 Ansager
Solbakken 1, 6823 Ansager
Hoddeskovvej 9, 6823 Ansager
Holmevænget 13, 5854 Gislev
Hoddeskovvej 9, 6823 Ansager
Balle Kirkevej 88, 8600 Silkeborg
Trekanten 7, 8305 Samsø
Hoddeskovvej 9, 6823 Ansager
Hoddeskovvej 7, 6823 Ansager

Former names

PP Nordica Rental ApS – now
J & S Fugefrie Industrigulve ApS –
ACRYLICON DANMARK ApS –

Employees per year

Number of employees at PP Nordica Rental ApS per year472012: 020122013: 120132014: 120142015: 220152016: 220162017: 720172018: 42018

Other companies at the same address

Similar companies in Varde

Questions and answers about PP Nordica Rental ApS

Has PP Nordica Rental ApS gone bankrupt?

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

What is the bankruptcy risk of PP Nordica Rental ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of PP Nordica Rental ApS?

Palle Olsen is the CEO of PP Nordica Rental ApS.

Who is the auditor of PP Nordica Rental ApS?

PP Nordica Rental ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was PP Nordica Rental ApS founded?

PP Nordica Rental ApS was founded on 19 December 2011.

What is the equity of PP Nordica Rental ApS?

Equity was DKK -7.2m 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.