Partyland DK ApS

CVR 38783696 · Private limited company (ApS) · Active · Medium risk

Partyland DK ApS is a Private limited company (ApS), founded on , based in Dragør. The company is registered in the industry leasing af intellektuelle ejendomsrettigheder og lignende produkter, dog ikke ophavsretsbeskyttede værker. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 (31 Dec 2025) shows equity of DKK -297k and a net result of DKK -348k. CEO: Michael Thurau.

Bankruptcy risk for Partyland DK ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
38783696
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Nordstrands Alle 7
2791 Dragør
Municipality
Dragør
Industry
Leasing af intellektuelle ejendomsrettigheder og lignende produkter, dog ikke ophavsretsbeskyttede værker (774000)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-50.5%
Current ratio38%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address6
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 36kDKK 346k
Net profitDKK -348kDKK -134k
EquityDKK -297kDKK 852k
Total assetsDKK 587kDKK 1.0m
CashDKK 48k–
Short-term debtDKK 884k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202546
1 Jan 2024 – 31 Dec 2024135
1 Jan 2023 – 31 Dec 2023152
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021168
1 Jan 2020 – 31 Dec 2020172
1 Jan 2019 – 31 Dec 2019232 Late
7 Jul 2017 – 31 Dec 2018114

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
CEOMichael ThurauCurrent
Owner (100%)Balloony Holding ApSCurrent
FounderBalloony Holding ApSCurrent

The CEOs' other companies

Michael Thurau – 12 other companies, of which 5 bankrupt

Address history (0 moves)

Nordstrands Alle 7, 2791 Dragør

Employees per year

Number of employees at Partyland DK ApS per year112018: 12018

Other companies at the same address

Questions and answers about Partyland DK ApS

Has Partyland DK ApS gone bankrupt?

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

What is the bankruptcy risk of Partyland DK 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 Partyland DK ApS?

Michael Thurau is the CEO of Partyland DK ApS.

When was Partyland DK ApS founded?

Partyland DK ApS was founded on 7 July 2017.

What is the equity of Partyland DK ApS?

Equity was DKK -297k 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.