PAAG HOLDINGS ApS

CVR 35641777 · Private limited company (ApS) · Active · Low risk

PAAG HOLDINGS ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 11 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 2.7m and a net result of DKK 261k. CEO: Simon Paag.

Bankruptcy risk for PAAG HOLDINGS ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
35641777
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
c/o I. Paag, Finsensvej 78, 5. th
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Boreco Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityNo
Equity ratio93.7%
Current ratio181%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address28
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -54kDKK 40k
Net profitDKK 261kDKK 152k
EquityDKK 2.7mDKK 2.4m
Total assetsDKK 2.8mDKK 2.5m
CashDKK 27k–
Short-term debtDKK 180k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Boreco.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025119
1 Jul 2023 – 30 Jun 2024122
1 Jul 2022 – 30 Jun 2023192 Late
1 Jul 2021 – 30 Jun 2022202 Late
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020159
1 Jul 2018 – 30 Jun 2019166
1 Jul 2017 – 30 Jun 2018103
1 Jul 2016 – 30 Jun 2017174
1 Jul 2015 – 30 Jun 2016161
10 Jan 2014 – 30 Jun 2015154

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
CEOSimon PaagCurrent
Owner (100%)Simon PaagCurrent
AuditorBoreco Statsautoriseret RevisionspartnerselskabCurrent
FounderSimon PaagCurrent

The CEOs' other companies

Simon Paag – 11 other companies, of which 3 bankrupt

Address history (2 moves)

c/o I. Paag, Finsensvej 78, 5. th, 2000 Frederiksberg
c/o I. Paag, Finsensvej 78, 5. th, 2000 Frederiksberg
Amagertorv 31, 1160 København K

Former names

PAAG HOLDINGS ApS – now
PAAG HOLDINGS IVS –

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about PAAG HOLDINGS ApS

Has PAAG HOLDINGS ApS gone bankrupt?

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

What is the bankruptcy risk of PAAG HOLDINGS ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of PAAG HOLDINGS ApS?

Simon Paag is the CEO of PAAG HOLDINGS ApS.

Who is the auditor of PAAG HOLDINGS ApS?

PAAG HOLDINGS ApS most recently used Boreco Statsautoriseret Revisionspartnerselskab.

When was PAAG HOLDINGS ApS founded?

PAAG HOLDINGS ApS was founded on 10 January 2014.

What is the equity of PAAG HOLDINGS ApS?

Equity was DKK 2.7m 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.