PGH Afrika Holding ApS

CVR 39764164 · Private limited company (ApS) · Active · Low risk

PGH Afrika Holding ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.1% over the next 12 months, which is 0.8 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -75.7m and a net result of DKK -20.8m.

Bankruptcy risk for PGH Afrika Holding ApS

1.1%
probability of bankruptcy within 12 months
Low risk

0.8 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
39764164
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Frederiksholms Kanal 4B, 3.
1220 København K
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 100k
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-24,185.9%
Current ratio1%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address33
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -2,000DKK -37kDKK -35k
Net profitDKK -20.8mDKK -62.4mDKK -73.0m
EquityDKK -75.7mDKK -54.9mDKK 7.5m
Total assetsDKK 313kDKK 794kDKK 59.1m
CashDKK 313kDKK 313k–
Short-term debtDKK 52.4mDKK 51.8m–
Avg. employees0––

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023123
1 Jan 2022 – 31 Dec 2022145
1 Jan 2021 – 31 Dec 2021144
1 Jan 2020 – 31 Dec 2020140
1 Jan 2019 – 31 Dec 2019141
6 Aug 2018 – 31 Dec 2018143

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
CEOMorten Pitzner
CEOThomas Langbo Algreen Nielsen
BoardErik Schou StavnstrupCurrent
BoardUlla HeurlinCurrent
BoardHenrik Ostenfeld LarsenCurrent
BoardMorten Pitzner
BoardTorben Golsche Knappe
BoardNiels Knud Zenon Joseph Holstein-Løvenørn
BoardJørgen Janus Roijer Hillerup
BoardFlemming Horn Nielsen
BoardTomas Dyrbye
Owner (100%)APF Aktive Investeringer ApSCurrent
Owner (90%)APF EJENDOMME HOLDING A/S
Owner (100%)APF EJENDOMME HOLDING A/S
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderAPF EJENDOMME HOLDING A/SCurrent

The CEOs' other companies

Morten Pitzner – 39 other companies, of which 3 bankrupt

Thomas Langbo Algreen Nielsen – 3 other companies

Address history (3 moves)

Frederiksholms Kanal 4B, 3., 1220 København K
Robert Jacobsens Vej 76A, 2300 København S
Bergensgade 10, 2100 København Ø
Østergade 22, 1100 København K

Other companies at the same address

Similar companies in København

Questions and answers about PGH Afrika Holding ApS

Has PGH Afrika Holding ApS gone bankrupt?

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

What is the bankruptcy risk of PGH Afrika Holding ApS?

Our model estimates a bankruptcy risk of 1.1% over the next 12 months (low risk), which is 0.8 times the average for Danish companies.

Who is the auditor of PGH Afrika Holding ApS?

PGH Afrika Holding ApS most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was PGH Afrika Holding ApS founded?

PGH Afrika Holding ApS was founded on 6 August 2018.

What is the equity of PGH Afrika Holding ApS?

Equity was DKK -75.7m 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.