PH Holding 1 ApS

CVR 39277085 · Private limited company (ApS) · Active · Low risk

PH Holding 1 ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -1.9m and a net result of DKK -396k. CEO: Henrik Vestergaard Kastbjerg, Poul Sand.

Bankruptcy risk for PH Holding 1 ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO changes1 · bankruptcy rate 11.4%1.3×
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

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×

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
39277085
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Poul Sand A/S, Dalgasgade 27, 4.
7400 Herning
Municipality
Herning
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 late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-18.8%
Current ratio0%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -23kDKK -16k
Net profitDKK -396kDKK -440k
EquityDKK -1.9mDKK -1.5m
Total assetsDKK 10.0mDKK 10.1m
Short-term debtDKK 11.9m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202565
1 Jan 2024 – 31 Dec 202459
1 Jan 2023 – 31 Dec 2023117
1 Jan 2022 – 31 Dec 2022118
1 Jan 2021 – 31 Dec 202180
1 Jan 2020 – 31 Dec 202018
1 Jan 2019 – 31 Dec 201976
25 Jan 2018 – 31 Dec 2018148

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
CEOHenrik Vestergaard KastbjergCurrent
CEOPoul SandCurrent
CEOStig Bundgaard
Owner (50%)POUL SAND A/SCurrent
Owner (33%)KASTBJERG INVEST ApSCurrent
Owner (20%)KASTBJERG INVEST ApS
Owner (20%)STIG BUNDGAARD ApS
Owner (20%)Stig Bundgaard
Owner (20%)Henrik Vestergaard Kastbjerg
Owner (50%)Poul Sand
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderKASTBJERG INVEST ApSCurrent
FounderSTIG BUNDGAARD ApSCurrent
FounderPOUL SAND A/SCurrent

The CEOs' other companies

Henrik Vestergaard Kastbjerg – 51 other companies

Poul Sand – 55 other companies, of which 5 bankrupt

Stig Bundgaard – 40 other companies, of which 4 bankrupt

Address history (1 moves)

c/o Poul Sand A/S, Dalgasgade 27, 4., 7400 Herning
c/o Poul Sand A/S, Dalgasgade 25, 7. th, 7400 Herning

Former names

PH Holding 1 ApS – now
PSH Holding 1 ApS –

Other companies at the same address

Similar companies in Herning

Questions and answers about PH Holding 1 ApS

Has PH Holding 1 ApS gone bankrupt?

No, PH Holding 1 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of PH Holding 1 ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of PH Holding 1 ApS?

Henrik Vestergaard Kastbjerg, Poul Sand are the CEOs of PH Holding 1 ApS.

Who is the auditor of PH Holding 1 ApS?

PH Holding 1 ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was PH Holding 1 ApS founded?

PH Holding 1 ApS was founded on 24 January 2018.

What is the equity of PH Holding 1 ApS?

Equity was DKK -1.9m 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.