Pax Plantations ApS

CVR 38107674 · Private limited company (ApS) · Active · Medium risk

Pax Plantations ApS is a Private limited company (ApS), founded on , based in Hornbæk. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 9 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 34k and a net result of DKK -1,348. CEO: Klaus Lagermann.

Bankruptcy risk for Pax Plantations ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
38107674
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Bødkervej 19
3100 Hornbæk
Municipality
Helsingør
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late7 of 9
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies5
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 0DKK 0DKK 0
Net profitDKK -1,348DKK -1,188DKK -1,108
EquityDKK 34kDKK 35kDKK 36k
Total assetsDKK 34kDKK 35kDKK 36k
CashDKK 3,614DKK 4,962–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202569
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023195 Late
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021193 Late
1 Jan 2020 – 31 Dec 2020200 Late
1 Jan 2019 – 31 Dec 2019259 Late
1 Jan 2018 – 31 Dec 2018177
13 Oct 2016 – 31 Dec 2017320 Late

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
CEOKlaus LagermannCurrent
CEOMichael Kvetny
Owner (50%)Michael KvetnyCurrent
Owner (50%)PAX RECON ApSCurrent
FounderMichael KvetnyCurrent
FounderPAX RECON ApSCurrent

The CEOs' other companies

Klaus Lagermann – 30 other companies, of which 14 bankrupt

Michael Kvetny – 2 other companies

Address history (2 moves)

Bødkervej 19, 3100 Hornbæk
Stockholmsgade 31, kl., 2100 København Ø
c/o Klaus Lagermann, Stockholmsgade 19, st. th, 2100 København Ø

Former names

Pax Plantations ApS – now
Pax Plantations IVS –

Other companies at the same address

Similar companies in Helsingør

Questions and answers about Pax Plantations ApS

Has Pax Plantations ApS gone bankrupt?

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

What is the bankruptcy risk of Pax Plantations ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Pax Plantations ApS?

Klaus Lagermann is the CEO of Pax Plantations ApS.

When was Pax Plantations ApS founded?

Pax Plantations ApS was founded on 13 October 2016.

What is the equity of Pax Plantations ApS?

Equity was DKK 34k 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.