AF Pipe Solutions ApS

CVR 37473871 · Private limited company (ApS) · Active · Low risk

AF Pipe Solutions ApS is a Private limited company (ApS), founded on , based in Søborg. The company is registered in the industry fremstilling af rør, hule profiler og tilhørende fittings af stål. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 80k and a net result of DKK -17k. CEO: Christopher James Underwood.

Bankruptcy risk for AF Pipe Solutions ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
37473871
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Poppelgårdvej 4
2860 Søborg
Municipality
Gladsaxe
Industry
Fremstilling af rør, hule profiler og tilhørende fittings af stål (242000)
Bankruptcies in the industry: Fremstilling af rør og hule profiler og tilhørende fittings af stål
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio8.4%
Current ratio93%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 290kDKK 87kDKK 583k
Net profitDKK -17kDKK -87kDKK 191k
EquityDKK 80kDKK 97kDKK 324k
Total assetsDKK 963kDKK 754kDKK 991k
CashDKK 174kDKK 1,644–
Short-term debtDKK 882kDKK 657k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202581
1 Jan 2024 – 31 Dec 2024145
1 Jan 2023 – 31 Dec 2023145
1 Jan 2022 – 31 Dec 2022144
1 Jan 2021 – 31 Dec 2021177
1 Jan 2020 – 31 Dec 2020174
1 Jan 2019 – 31 Dec 2019160
1 Jan 2018 – 31 Dec 2018161
1 Jan 2017 – 31 Dec 2017146
24 Feb 2016 – 31 Dec 2016143

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
CEOChristopher James UnderwoodCurrent
Owner (100%)AFT Holdings ApSCurrent
FounderAFT Holdings ApSCurrent

The CEOs' other companies

Christopher James Underwood – 2 other companies

Address history (4 moves)

Poppelgårdvej 4, 2860 Søborg
Poppelgårdvej 3, 2860 Søborg
Tværmarksvej 20, 2860 Søborg
Lyskær 8, 2730 Herlev
Tværmarksvej 20, 2860 Søborg

Former names

AF Pipe Solutions ApS – now
AF Pipe Solutions IVS –

Other companies at the same address

Questions and answers about AF Pipe Solutions ApS

Has AF Pipe Solutions ApS gone bankrupt?

No, AF Pipe Solutions ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of AF Pipe Solutions ApS?

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

Who is the CEO of AF Pipe Solutions ApS?

Christopher James Underwood is the CEO of AF Pipe Solutions ApS.

When was AF Pipe Solutions ApS founded?

AF Pipe Solutions ApS was founded on 24 February 2016.

What is the equity of AF Pipe Solutions ApS?

Equity was DKK 80k 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.