Päivinen Designsmeden ApS

CVR 38816756 · Private limited company (ApS) · Active · Low risk

Päivinen Designsmeden ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry smedning og valsning af metal samt pulvermetallurgi. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 788k and a net result of DKK 17k. CEO: Jussi Reimar Päivinen.

Bankruptcy risk for Päivinen Designsmeden ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · 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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
38816756
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Prags Boulevard 63A
2300 København S
Municipality
København
Industry
Smedning og valsning af metal samt pulvermetallurgi (254000)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 50k
Employees
2 (2018)
Auditor
&lt;p xmlns="http://www.w3.org/1999/xhtml"&gt;Advisor Revision&lt;/p&gt; &lt;p xmlns="http://www.w3.org/1999/xhtml"&gt;Statsautoriseret Revisionsanpartsselskab&lt;/p&gt;
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio73.7%
Current ratio378%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 773kDKK 598k
Net profitDKK 17kDKK 20k
EquityDKK 788kDKK 907k
Total assetsDKK 1.1mDKK 1.0m
CashDKK 642k–
Short-term debtDKK 282k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · &lt;p xmlns="http://www.w3.org/1999/xhtml"&gt;Advisor Revision&lt;/p&gt; &lt;p xmlns="http://www.w3.org/1999/xhtml"&gt;Statsautoriseret Revisionsanpartsselskab&lt;/p&gt;.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 202476
1 Jan 2023 – 31 Dec 2023148
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021125
1 Jan 2020 – 31 Dec 2020172
1 Jan 2019 – 31 Dec 2019148
25 Jul 2017 – 31 Dec 2018151

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
CEOJussi Reimar PäivinenCurrent
Owner (100%)Jussi Reimar PäivinenCurrent
Owner (100%)Jussi Reimar Päivinen
Owner (100%)Christoffer Toftdal Päivinen
FounderJussi Reimar PäivinenCurrent

The CEOs' other companies

Jussi Reimar Päivinen – 3 other companies

Address history (0 moves)

Prags Boulevard 63A, 2300 København S

Employees per year

Number of employees at Päivinen Designsmeden ApS per year122017: 220172018: 22018

Other companies at the same address

Similar companies in København

Questions and answers about Päivinen Designsmeden ApS

Has Päivinen Designsmeden ApS gone bankrupt?

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

What is the bankruptcy risk of Päivinen Designsmeden ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Päivinen Designsmeden ApS?

Jussi Reimar Päivinen is the CEO of Päivinen Designsmeden ApS.

Who is the auditor of Päivinen Designsmeden ApS?

Päivinen Designsmeden ApS most recently used &lt;p xmlns="http://www.w3.org/1999/xhtml"&gt;Advisor Revision&lt;/p&gt; &lt;p xmlns="http://www.w3.org/1999/xhtml"&gt;Statsautoriseret Revisionsanpartsselskab&lt;/p&gt;.

When was Päivinen Designsmeden ApS founded?

Päivinen Designsmeden ApS was founded on 25 July 2017.

What is the equity of Päivinen Designsmeden ApS?

Equity was DKK 788k 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.