PENNEO A/S

CVR 35633766 · Public limited company (A/S) · Active · Medium risk

PENNEO A/S is a Public limited company (A/S), founded on , based in København V. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 12 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -16.6m and a net result of DKK -59.0m.

Bankruptcy risk for PENNEO A/S

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
35633766
Status
Active
Company type
Public limited company (A/S)
Founded
(12 years)
Address
Gærtorvet 1
1799 København V
Municipality
København
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 715k
Employees
29 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-25.3%
Current ratio46%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 65.2m–
Net profitDKK -59.0m–
EquityDKK -16.6m–
Total assetsDKK 65.7m–
CashDKK 949k–
Short-term debtDKK 81.7m–
Tax owedDKK 153k–
Avg. employees77–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 202484
1 Jan 2023 – 31 Dec 2023114
1 Jan 2022 – 31 Dec 2022102
1 Jan 2021 – 31 Dec 2021119
1 Jan 2020 – 31 Dec 2020132
1 Jan 2019 – 31 Dec 201984
1 Jan 2018 – 31 Dec 2018140
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016142
1 Jan 2015 – 31 Dec 2015144
1 Jan 2014 – 31 Dec 2014124

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
CEONiels Henrik Rasmussen
BoardRasmus Schepelern HentzeCurrent
BoardMarie Møgelvang WeirichCurrent
BoardMikael WestööCurrent
BoardLars Erik JacobsenCurrent
BoardOliver Klint PedersenCurrent
BoardJan Flora
BoardNicolaj Højer Nielsen
BoardJakob Neua Nørgaard
BoardAnders Eskholm
BoardAndré Schack Clement
BoardJakob Ekkelund
BoardNiels Henrik Rasmussen
BoardAnders Tvegaard
BoardFinn Winchler Andersen
BoardMorten Kenneth Elk
BoardMorten Kenneth Elk
BoardJan Flora
BoardMichael Moesgaard Andersen
BoardRikke Birgitte Skov
BoardChristian Sagild
BoardMorten Kenneth Elk
BoardSteffen Peter Anker Heegaard
BoardJakob Neua Nørgaard
BoardKasper Erik Behrens
BoardEske Gunge
BoardJostein Vik
BoardKasper Lyhr
BoardLoredana Elena Musat
BoardMohamed Milad Saleh
Owner (100%)VISMA DANMARK HOLDING A/SCurrent
Owner (20%)PreSeed Ventures A/S
Owner (67%)PENNEO HOLDING ApS
Owner (20%)Penneo Holding 2 ApS
Owner (67%)PENNEO HOLDING ApS
Owner (20%)Penneo Holding 2 ApS
Owner (5%)Janek Borgmann
Owner (50%)PENNEO HOLDING ApS
Owner (10%)ANDERSEN ADVISORY GROUP A/S
Owner (15%)Penneo Holding 2 ApS
Owner (5%)FLORA IT ApS
Owner (5%)NEUA HOLDING ApS
Owner (5%)ESKHOLM HOLDING ApS
Owner (5%)BIOSTRAT BIOTECH CONSULTING ApS
Owner (5%)CLAUSEN ONLINE ApS
Owner (5%)ANDRÉ CLÉMENT HOLDING ApS
Owner (5%)NHN Ventures 2 ApS
Owner (10%)BIOSTRAT BIOTECH CONSULTING ApS
Owner (5%)Niels Henrik Rasmussen
Owner (5%)BIOSTRAT BIOTECH CONSULTING ApS
Owner (5%)NH RASMUSSEN HOLDING II ApS
Owner (5%)Arbejdsmarkedets Tillægspension
Owner (5%)ANDERSEN ADVISORY GROUP A/S
Owner (5%)Viking Growth 29 AS
Owner (90%)VISMA DANMARK HOLDING A/S
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorSELSKABET AF 16.08.2021 A/S
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPENNEO HOLDING ApSCurrent

The CEOs' other companies

Niels Henrik Rasmussen – 11 other companies, of which 2 bankrupt

Address history (3 moves)

Gærtorvet 1, 1799 København V
Enghavevej 40, 4., 1674 København V
Gyngemose Parkvej 50, 13., 2860 Søborg
Østergade 47A, 9400 Nørresundby

Former names

PENNEO A/S – now
PENNEO ApS –

Employees per year

Number of employees at PENNEO A/S per year15292014: 620142015: 1520152016: 1820162017: 2920172018: 292018

Other companies at the same address

Similar companies in København

Questions and answers about PENNEO A/S

Has PENNEO A/S gone bankrupt?

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

What is the bankruptcy risk of PENNEO A/S?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the auditor of PENNEO A/S?

PENNEO A/S most recently used EY Godkendt Revisionspartnerselskab.

When was PENNEO A/S founded?

PENNEO A/S was founded on 9 January 2014.

What is the equity of PENNEO A/S?

Equity was DKK -16.6m 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.