Paper & Bag ApS

CVR 37867616 · Private limited company (ApS) · Active · Low risk

Paper & Bag ApS is a Private limited company (ApS), founded on , based in Kerteminde. The company is registered in the industry engroshandel med bøger, papir og papirvarer. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 181k and a net result of DKK 72k. CEO: Peter Møller.

Bankruptcy risk for Paper & Bag ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Gross profit growth0%–10% · 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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
37867616
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Ulriksholmvej 5
5300 Kerteminde
Municipality
Kerteminde
Industry
Engroshandel med bøger, papir og papirvarer (464920)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
0 (2018)
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio47.7%
Current ratio191%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.2mDKK 2.2m
Net profitDKK 72kDKK 101k
EquityDKK 181kDKK 310k
Total assetsDKK 380kDKK 556k
CashDKK 268k–
Short-term debtDKK 199k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025162
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022164
1 Jan 2021 – 31 Dec 2021165
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019240 Late
1 Jan 2018 – 31 Dec 2018157
7 Jul 2016 – 31 Dec 2017138

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 MøllerCurrent
Owner (100%)UH5.development ApSCurrent
Owner (100%)Label Media B.V.
FounderUH5.development ApSCurrent

The CEOs' other companies

Peter Møller – 30 other companies, of which 3 bankrupt

Address history (1 moves)

Ulriksholmvej 5, 5300 Kerteminde
Ulriksholmvej 5, 5300 Kerteminde

Employees per year

Number of employees at Paper & Bag ApS per year122017: 220172018: 02018

Other companies at the same address

Similar companies in Kerteminde

Questions and answers about Paper & Bag ApS

Has Paper & Bag ApS gone bankrupt?

No, Paper & Bag ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Paper & Bag ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Paper & Bag ApS?

Peter Møller is the CEO of Paper & Bag ApS.

Who is the auditor of Paper & Bag ApS?

Paper & Bag ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was Paper & Bag ApS founded?

Paper & Bag ApS was founded on 7 July 2016.

What is the equity of Paper & Bag ApS?

Equity was DKK 181k 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.