PFA German Real Estate Low III ApS
CVR 39756633 · Private limited company (ApS) · Active · Low risk
PFA German Real Estate Low III ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 54.0m and a net result of DKK -6.6m. CEO: Michael Hansen.
Bankruptcy risk for PFA German Real Estate Low III ApS
0.0%
probability of bankruptcy within 12 months
Low risk
0.0 × the average (1.41%) · higher risk than 15% of active Danish companies
Lowest riskHighest risk
Increases the risk
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Reduces the risk
Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
- 39756633
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (8 years)
- Address
- c/o PFA Pension, forsikringsaktieselskab, Sundkrogsgade 4
2100 København Ø - Municipality
- København
- Industry
- Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme - Share capital
- DKK 50k
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 7 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 10.2% |
| Current ratio | 713% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 8 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 103 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Revenue | DKK 21.2m | DKK 19.7m |
| Net profit | DKK -6.6m | DKK 676k |
| Equity | DKK 54.0m | DKK 75.6m |
| Total assets | DKK 529.6m | DKK 549.7m |
| Cash | DKK 21.3m | – |
| Short-term debt | DKK 4.5m | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 78 | ||
| 1 Jan 2024 – 31 Dec 2024 | 71 | ||
| 1 Jan 2023 – 31 Dec 2023 | 82 | ||
| 1 Jan 2022 – 31 Dec 2022 | 76 | ||
| 1 Jan 2021 – 31 Dec 2021 | 87 | ||
| 1 Jan 2020 – 31 Dec 2020 | 98 | ||
| 2 Aug 2018 – 31 Dec 2019 | 91 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Michael Hansen | Current | |
| CEO | Pia Bastrup | ||
| CEO | Henrik Nøhr Engelbrekt | ||
| CEO | Jakob Kær Bille Krogh Nielsen | ||
| CEO | Mikael Arne Fogemann | ||
| Board | Vibeke Bodi | Current | |
| Board | Peter Kenneth Morgan | Current | |
| Board | Michael Hansen | Current | |
| Board | Michael Bruhn | ||
| Board | Vibeke Bodi | ||
| Board | Mikael Arne Fogemann | ||
| Board | Henrik Nøhr Engelbrekt | ||
| Board | Mary Anne Nybro Ekberg | ||
| Board | Mikael Arne Fogemann | ||
| Owner (100%) | PFA Europe Real Estate Low II A/S | Current | |
| Auditor | EY Godkendt Revisionspartnerselskab | Current | |
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | Søren Fogh | Current |
The CEOs' other companies
Michael Hansen – 34 other companies
- Catena Priorparken 385 A/S Active
- EJENDOMSSELSKABET AXELTORV 2 KOMPLEMENTAR ApS Active
- EJENDOMSSELSKABET PORTLAND TOWERS KOMPLEMENTAR ApS Opløst
- EJENDOMSSELSKABET TRIANGLEN 5 ApS Active
- Ejendomsselskabet Dr. Tværgade 52-54 ApS Active
- Ejendomsselskabet Fælledvej 15 ApS Active
- Ejendomsselskabet Toftegårds Allé 8-10 ApS Active
- Gartnerbyen Komplementar ApS Active
- HLP Sigynbakken ApS Active
- Holdingselskabet Dr. Tværgade 52-54 ApS Active
- Holdingselskabet Toftegårds Allé 8-10 ApS Active
- KOLDING EJENDOMSINVEST A/S Active
- Komplementarselskabet Arealudviklingsselskab Stigsborg 1 ApS Active
- Komplementarselskabet Stigsborg Havnefront ApS Active
- PFA Absalon Ejendomme II A/S Fusioneret
- PFA Boliger Slagelse A/S Active
- PFA Boligudlejning ApS Active
- PFA CC Properties ApS Active
- PFA CC Properties I ApS Active
- PFA CC Properties I Holding ApS Active
- PFA CC Properties II ApS Active
- PFA CC Properties II Holding ApS Active
- PFA CC Properties III ApS Active
- PFA CC Properties III Holding ApS Active
- PFA CC Properties IV ApS Active
- PFA CC Properties IV Holding ApS Active
- PFA CC Properties V ApS Active
- PFA CC Properties V Holding ApS Active
- PFA CC Properties VII ApS Active
- PFA CC Properties VII Holding ApS Active
Pia Bastrup – 14 other companies
- Anpartsselskabet af 20. juni 2023 Active
- BRITANNIA INVEST A/S Active
- DE I Komplementar ApS Active
- Komplementarselskabet Britannia Invest Holding ApS Active
- NPF ApS Active
- PFA Europe Real Estate Low II A/S Active
- PFA German Real Estate Low I ApS Active
- PFA German Real Estate Low II ApS Active
- PFA German Real Estate Low IV ApS Active
- PFA German Real Estate Low V ApS Active
- PFA German Real Estate Low VI ApS Active
- PFA German Real Estate Low VII ApS Active
- PFA German Real Estate Low VIII ApS Active
- PenSam Credit Komplementar ApS Active
Henrik Nøhr Engelbrekt – 23 other companies
- EJENDOMSSELSKABET AXELTORV 2 KOMPLEMENTAR ApS Active
- GODE WIND II JOINT FINCO ApS Active
- GODE WIND II JOINT HOLDCO GP ApS Active
- Honoré Holding af 2025 A/S Active
- PFA ASSET MANAGEMENT A/S Fusioneret
- PFA Europe Real Estate High II A/S Active
- PFA Europe Real Estate Low II A/S Active
- PFA Europe Real Estate Micro Living ApS Active
- PFA German Real Estate Low I ApS Active
- PFA German Real Estate Low II ApS Active
- PFA German Real Estate Low IV ApS Active
- PFA German Real Estate Low V ApS Active
- PFA German Real Estate Low VI ApS Active
- PFA German Real Estate Low VII ApS Active
- PFA German Real Estate Low VIII ApS Active
- PFA German Real Estate Micro Living I ApS Active
- PFA German Real Estate Micro Living II ApS Active
- PFA German Real Estate Micro Living III ApS Active
- PFA Infrastruktur Holding ApS Active
- PFA Ophelia InvestCo I 2018 GP ApS Active
- PFA UK Ejendomme A/S Opløst
- SE BLUE RENEWABLES GP ApS Opløst
- SE BLUE RENEWABLES GP DK ApS Opløst
Jakob Kær Bille Krogh Nielsen – 15 other companies, of which 1 bankrupt
- saycoffee ApS Bankrupt 1 May 2023
- Kær Krogh Invest ApS Active
- PFA Europe Real Estate Low II A/S Active
- PFA Europe Real Estate Micro Living ApS Active
- PFA German Real Estate Low I ApS Active
- PFA German Real Estate Low II ApS Active
- PFA German Real Estate Low IV ApS Active
- PFA German Real Estate Low V ApS Active
- PFA German Real Estate Low VI ApS Active
- PFA German Real Estate Low VII ApS Active
- PFA German Real Estate Low VIII ApS Active
- PFA German Real Estate Micro Living I ApS Active
- PFA German Real Estate Micro Living II ApS Active
- PFA German Real Estate Micro Living III ApS Active
- PFA UK Ejendomme A/S Opløst
Mikael Arne Fogemann – 57 other companies
- AROS PROPERTY INVESTMENT A/S Active
- CPH Business Park ApS Fusioneret
- Chr. Xs Vej 66 ApS Active
- Driftsselskabet Nordre Højmarksvej ApS Active
- EHI FUND DENMARK ApS Active
- EJENDOMSSELSKABET AXELTORV 2 KOMPLEMENTAR ApS Active
- EJENDOMSSELSKABET DANMARK 2013 ApS Opløst
- EJENDOMSSELSKABET KIRKEGÅRDSVEJ ApS Active
- EJENDOMSSELSKABET PORTLAND TOWERS KOMPLEMENTAR ApS Opløst
- EJENDOMSSELSKABET TRIANGLEN 5 ApS Active
- Ejendomsselskabet Dr. Tværgade 52-54 ApS Active
- Ejendomsselskabet Fælledvej 15 ApS Active
- Ejendomsselskabet Peter Sabroes Gade ApS Active
- Ejendomsselskabet Toftegårds Allé 8-10 ApS Active
- FPEC1 ApS Active
- Formuepleje Ejendomme Core A/S Active
- Formuepleje Ejendomme Select A/S Active
- Formuepleje Frederiks Plads A/S Opløst
- Formuepleje Nicolinehus Nord A/S Active
- Formuepleje Trøjborg A/S Active
- Forsytia Invest ApS Active
- Forsytia MH 1 ApS Fusioneret
- Forsytia MH 2 ApS Fusioneret
- Forsytia MH 3 ApS Fusioneret
- Gartnerbyen Komplementar ApS Active
- Holdingselskabet Dr. Tværgade 52-54 ApS Active
- Holdingselskabet Toftegårds Allé 8-10 ApS Active
- Komplementarselskabet Arealudviklingsselskab Stigsborg 1 ApS Active
- Komplementarselskabet Ottilia København ApS Active
- Komplementarselskabet PFA DK Ejendomme Høj ApS Active
Address history (1 moves)
| c/o PFA Pension, forsikringsaktieselskab, Sundkrogsgade 4, 2100 København Ø | |
| c/o PFA Pension, Sundkrogsgade 4, 2100 København Ø |
Former names
| PFA German Real Estate Low III ApS | – now |
| PFA Global PropCo 3 ApS | – |
Other companies at the same address
- 31-47 VICTORIA STREET LONDON A/S Fusioneret
- ABBEY GARDENS READING A/S Opløst
- ALIFFE HOUSE LONDON A/S Opløst
- Anpartsselskabet af 28. februar 2018 GP Active
- EJENDOMSSELSKABET TRIANGLEN 5 ApS Active
- Ejendomsselskabet Dr. Tværgade 52-54 ApS Active
- Ejendomsselskabet Fælledvej 15 ApS Active
- Ejendomsselskabet Toftegårds Allé 8-10 ApS Active
- FUNKTIONÆRPENSION. PENSIONSFORSIKRINGSAKTIESELSKAB Fusioneret
- GREAT MINSTER EAST LONDON A/S Fusioneret
- HOLDINGAKTIESELSKABET FUNKTIONÆR PENSION Fusioneret
- Holdingselskabet Dr. Tværgade 52-54 ApS Active
- Holdingselskabet Toftegårds Allé 8-10 ApS Active
- KOMPLEMENTARSELSKABET PFA ABSALON EJENDOMME ApS Fusioneret
- KOMPLEMENTARSELSKABET PFA BLUE STAR EJENDOMME ApS Fusioneret
- Komplementarselskabet PFA CPH Properties II ApS Fusioneret
- Komplementarselskabet PFA DK Boliger Lav ApS Active
- Komplementarselskabet PFA DK Ejendomme Høj ApS Active
- Komplementarselskabet PFA Evia OpCo ApS Opløst
- Komplementarselskabet PFA Evia PropCo ApS Opløst
- Komplementarselskabet PFA Nordic Real Estate Low ApS Active
- Komplementarselskabet PFA Seniorboliger Sønderborg ApS Fusioneret
- Komplementarselskabet PFA Seniorboliger og Friplejehjem ApS Fusioneret
- LETPENSION FORSIKRINGSFORMIDLING A/S Active
- LETPENSION IT A/S Fusioneret
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Questions and answers about PFA German Real Estate Low III ApS
Has PFA German Real Estate Low III ApS gone bankrupt?
No, PFA German Real Estate Low III ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of PFA German Real Estate Low III 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 PFA German Real Estate Low III ApS?
Michael Hansen is the CEO of PFA German Real Estate Low III ApS.
Who is the auditor of PFA German Real Estate Low III ApS?
PFA German Real Estate Low III ApS most recently used EY Godkendt Revisionspartnerselskab.
When was PFA German Real Estate Low III ApS founded?
PFA German Real Estate Low III ApS was founded on 2 August 2018.
What is the equity of PFA German Real Estate Low III ApS?
Equity was DKK 54.0m 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.