Pinocchio Mad ApS

CVR 38751786 · Private limited company (ApS) · Active · High risk

Pinocchio Mad ApS is a Private limited company (ApS), founded on , based in Helsingør. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 8 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK -1.0m and a net result of DKK 54k. CEO: Jiawu Chen.

Bankruptcy risk for Pinocchio Mad ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
38751786
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Kampergade 1A
3000 Helsingør
Municipality
Helsingør
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 50k
Employees
3 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-317.8%
Current ratio18%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.4mDKK 1.4m
Net profitDKK 54kDKK 137k
EquityDKK -1.0mDKK -1.1m
Total assetsDKK 328kDKK 372k
CashDKK 241k–
Short-term debtDKK 1.4m–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202543
1 Oct 2023 – 30 Sep 202459
1 Oct 2022 – 30 Sep 202379
1 Oct 2021 – 30 Sep 2022111
1 Oct 2020 – 30 Sep 2021113
1 Oct 2019 – 30 Sep 202077
1 Oct 2018 – 30 Sep 2019143
28 Jun 2017 – 30 Sep 2018121

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
CEOJiawu ChenCurrent
CEOWenqi Miao
Owner (100%)Jiawu ChenCurrent
Owner (100%)Pinocchio Mad Holding IVS
Owner (50%)Wenqi Miao
FounderPinocchio Mad Holding IVSCurrent

The CEOs' other companies

Wenqi Miao – 1 other companies

Address history (1 moves)

Kampergade 1A, 3000 Helsingør
c/o CHEN, Elbagade 19, 4. th, 2300 København S

Employees per year

Number of employees at Pinocchio Mad ApS per year352017: 520172018: 32018

Other companies at the same address

Similar companies in Helsingør

Questions and answers about Pinocchio Mad ApS

Has Pinocchio Mad ApS gone bankrupt?

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

What is the bankruptcy risk of Pinocchio Mad ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Pinocchio Mad ApS?

Jiawu Chen is the CEO of Pinocchio Mad ApS.

When was Pinocchio Mad ApS founded?

Pinocchio Mad ApS was founded on 28 June 2017.

What is the equity of Pinocchio Mad ApS?

Equity was DKK -1.0m 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.