PALÆO CITY ApS

CVR 36922125 · Private limited company (ApS) · Active · High risk

PALÆO CITY 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 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 10 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 191k and a net result of DKK -465k. CEO: Peter Emil Nielsen.

Bankruptcy risk for PALÆO CITY ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×

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
36922125
Status
Active
Company type
Private limited company (ApS)
Founded
(11 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 50k
Employees
14 (2018)
Auditor
Crowe
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityNo
Equity ratio33.5%
Current ratio76%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -457kDKK -217k
Net profitDKK -465kDKK -379k
EquityDKK 191kDKK -80k
Total assetsDKK 569kDKK 543k
CashDKK 26k–
Short-term debtDKK 379k–
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 2023165
1 Jul 2021 – 30 Jun 2022167
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
15 Jun 2015 – 30 Jun 2016168

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
Owner (100%)Palæo Holding ApSCurrent
Owner (100%)PEN HOLDING 2011 ApS
Owner (10%)CLARKE HOLDING ApS
Owner (90%)PEN HOLDING 2011 ApS
Owner (100%)PEN HOLDING 2011 ApS
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderPEN HOLDING 2011 ApSCurrent

The CEOs' other companies

Peter Emil Nielsen – 15 other companies, of which 3 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
Saabyesvej 10, 1. tv, 2100 København Ø

Employees per year

Number of employees at PALÆO CITY ApS per year7142015: 1220152016: 920162017: 820172018: 142018

Other companies at the same address

Similar companies in Gentofte

Questions and answers about PALÆO CITY ApS

Has PALÆO CITY ApS gone bankrupt?

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

What is the bankruptcy risk of PALÆO CITY ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of PALÆO CITY ApS?

Peter Emil Nielsen is the CEO of PALÆO CITY ApS.

Who is the auditor of PALÆO CITY ApS?

PALÆO CITY ApS most recently used Crowe.

When was PALÆO CITY ApS founded?

PALÆO CITY ApS was founded on 15 June 2015.

What is the equity of PALÆO CITY ApS?

Equity was DKK 191k 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.