Palmer Holding ApS

CVR 38549901 · Private limited company (ApS) · Active · Low risk

Palmer Holding ApS is a Private limited company (ApS), founded on , based in København V. 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 0.2 times the average for Danish companies. 8 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 381k and a net result of DKK -118k. CEO: Nicolai Christian Baaring.

Bankruptcy risk for Palmer Holding 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

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
38549901
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Oehlenschlægersgade 56, 5. th
1663 København V
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio62.2%
Current ratio95%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Net profitDKK -118kDKK 45k
EquityDKK 381kDKK 499k
Total assetsDKK 612kDKK 705k
CashDKK 85k–
Short-term debtDKK 231k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025178
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023206 Late
1 Oct 2021 – 30 Sep 2022182
1 Oct 2020 – 30 Sep 2021159
1 Oct 2019 – 30 Sep 2020152
1 Oct 2018 – 30 Sep 2019163
2 Apr 2017 – 30 Sep 2018157

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
CEONicolai Christian BaaringCurrent
Owner (100%)Nicolai Christian BaaringCurrent
FounderNicolai Christian BaaringCurrent

The CEOs' other companies

Nicolai Christian Baaring – 2 other companies

Address history (0 moves)

Oehlenschlægersgade 56, 5. th, 1663 København V

Other companies at the same address

Similar companies in København

Questions and answers about Palmer Holding ApS

Has Palmer Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Palmer Holding 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 Palmer Holding ApS?

Nicolai Christian Baaring is the CEO of Palmer Holding ApS.

Who is the auditor of Palmer Holding ApS?

Palmer Holding ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Palmer Holding ApS founded?

Palmer Holding ApS was founded on 27 March 2017.

What is the equity of Palmer Holding ApS?

Equity was DKK 381k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.