Pinehill Finance ApS

CVR 39006936 · Private limited company (ApS) · Active · Low risk

Pinehill Finance ApS is a Private limited company (ApS), founded on , based in Hillerød. The company is registered in the industry it-infrastruktur, databehandling, hosting og relaterede aktiviteter. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 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 460k and a net result of DKK 393k. CEO: Nikolaj Ekstrøm Rähr.

Bankruptcy risk for Pinehill Finance ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
39006936
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Krakasvej 17, st.
3400 Hillerød
Municipality
Hillerød
Industry
IT-infrastruktur, databehandling, hosting og relaterede aktiviteter (631000)
Bankruptcies in the industry: Webportaler
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio52.0%
Current ratio200%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address90
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.9mDKK 1.4mDKK 66k
Net profitDKK 393kDKK 435kDKK 140k
EquityDKK 460kDKK 189kDKK -246k
Total assetsDKK 883kDKK 531kDKK 177k
CashDKK 712kDKK 369k–
Short-term debtDKK 424kDKK 342k–
Tax owedDKK 109kDKK 32k–
Avg. employees21–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 202469
1 Jan 2023 – 31 Dec 202380
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021174
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019230 Late
9 Oct 2017 – 31 Dec 2018140

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
CEONikolaj Ekstrøm RährCurrent
CEOMathias Riis Damgaard
Owner (100%)Nikolaj Ekstrøm RährCurrent
Owner (50%)Nikolaj Ekstrøm Rähr
Owner (50%)Jake Axl Gianluca Simonelli
Owner (20%)Niklas Boye Rasmussen
Owner (20%)Gjerris ApS
Owner (33%)Danmark Invest ApS
FounderNikolaj Ekstrøm RährCurrent
FounderJake Axl Gianluca SimonelliCurrent

The CEOs' other companies

Mathias Riis Damgaard – 40 other companies

Address history (5 moves)

Krakasvej 17, st., 3400 Hillerød
Granbakken 8, 3400 Hillerød
Seminariehaven 11, 3400 Hillerød
Svend Trøsts Vej 4B, st. th, 1912 Frederiksberg C
Sankt Peders Stræde 45, kl., 1453 København K
c/o Nikolaj Rähr Sørensen, Svend Trøsts Vej 4B, st. th, 1912 Frederiksberg C

Former names

Pinehill Finance ApS – now
The Grid Esport ApS –

Other companies at the same address

Similar companies in Hillerød

Questions and answers about Pinehill Finance ApS

Has Pinehill Finance ApS gone bankrupt?

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

What is the bankruptcy risk of Pinehill Finance ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Pinehill Finance ApS?

Nikolaj Ekstrøm Rähr is the CEO of Pinehill Finance ApS.

When was Pinehill Finance ApS founded?

Pinehill Finance ApS was founded on 9 October 2017.

What is the equity of Pinehill Finance ApS?

Equity was DKK 460k 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.