PALÆO DB ApS

CVR 34693889 · Private limited company (ApS) · Active · Very high risk

PALÆO DB ApS is a Private limited company (ApS), founded on , based in Charlottenlund. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 13 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -40k and a net result of DKK -15k. CEO: Peter Emil Nielsen.

Bankruptcy risk for PALÆO DB ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
34693889
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Jægersborg Alle 76
2920 Charlottenlund
Municipality
Gentofte
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 80k
Employees
10 (2018)
Auditor
Crowe
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 13
Missing annual reportNo
Negative equityYes
Equity ratio-195.4%
Current ratio34%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies2
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -18kDKK -2,000
Net profitDKK -15kDKK -1,000
EquityDKK -40kDKK -24k
Total assetsDKK 20kDKK 52k
CashDKK 518–
Short-term debtDKK 60k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæringer (review) · Crowe.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025105
1 Jul 2023 – 30 Jun 2024178
1 Jul 2022 – 30 Jun 2023164
1 Jul 2021 – 30 Jun 2022316 Late
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020181
1 Jul 2018 – 30 Jun 2019198 Late
1 Jul 2017 – 30 Jun 2018180
1 Jul 2016 – 30 Jun 2017172
1 Jul 2015 – 30 Jun 2016167
1 Jul 2014 – 30 Jun 2015170
1 Jul 2013 – 30 Jun 2014176
30 Aug 2012 – 30 Jun 2013195 Late

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
CEOPeter Emil NielsenCurrent
CEOMads Motzfeldt Fischer
CEOPeter Emil Nielsen
Owner (100%)Palæo Holding ApSCurrent
AuditorREVISIONSFIRMAET PER KRONBORG REGISTRERET REVISIONSANPARTSSELSKAB
AuditorSELSKABET AF 16.08.2021 A/S
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderPalæo Holding ApSCurrent

The CEOs' other companies

Peter Emil Nielsen – 15 other companies, of which 3 bankrupt

Mads Motzfeldt Fischer – 10 other companies, of which 6 bankrupt

Address history (4 moves)

Jægersborg Alle 76, 2920 Charlottenlund
c/o Firm Management ApS, Dyrehavevej 3B, 2930 Klampenborg
c/o Firm Management ApS, Dyrehavevej 3, st., 2930 Klampenborg
c/o Firm Management ApS, Mesterlodden 3B, 1., 2820 Gentofte
Pilestræde 32A, 1112 København K

Former names

PALÆO DB ApS – now
PALÆO PILESTRÆDE ApS –

Employees per year

Number of employees at PALÆO DB ApS per year7132012: 1220122013: 1020132014: 1020142015: 1320152016: 1320162017: 1320172018: 102018

Other companies at the same address

Similar companies in Gentofte

Questions and answers about PALÆO DB ApS

Has PALÆO DB ApS gone bankrupt?

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

What is the bankruptcy risk of PALÆO DB ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of PALÆO DB ApS?

Peter Emil Nielsen is the CEO of PALÆO DB ApS.

Who is the auditor of PALÆO DB ApS?

PALÆO DB ApS most recently used Crowe.

When was PALÆO DB ApS founded?

PALÆO DB ApS was founded on 30 August 2012.

What is the equity of PALÆO DB ApS?

Equity was DKK -40k according to the annual report for the period ending 30 June 2025.

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