Panta Rhei Holding ApS

CVR 39788667 · Private limited company (ApS) · Active · Low risk

Panta Rhei Holding ApS is a Private limited company (ApS), founded on , based in Malling. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 7 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 59k and a net result of DKK -29k. CEO: Erich Kruse.

Bankruptcy risk for Panta Rhei Holding ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
39788667
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Ajstrupvej 11, st.
8340 Malling
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Revision 2 A/S
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 7
Missing annual reportNo
Negative equityNo
Equity ratio60.1%
Current ratio8%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -22k–
Net profitDKK -29k–
EquityDKK 59k–
Total assetsDKK 99k–
CashDKK 14–
Short-term debtDKK 39k–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision 2 A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024190 Late
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020184 Late
2 Aug 2018 – 31 Dec 2019245 Late

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
CEOErich KruseCurrent
CEOCatherine Cameron
Owner (50%)Erich KruseCurrent
Owner (50%)Catherine Cameron
FounderCatherine CameronCurrent
FounderErich KruseCurrent

The CEOs' other companies

Erich Kruse – 1 other companies

Catherine Cameron – 1 other companies

Address history (0 moves)

Ajstrupvej 11, st., 8340 Malling

Former names

Panta Rhei Holding ApS – now
Panta Rhei Holding IVS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Panta Rhei Holding ApS

Has Panta Rhei Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Panta Rhei Holding ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Panta Rhei Holding ApS?

Erich Kruse is the CEO of Panta Rhei Holding ApS.

Who is the auditor of Panta Rhei Holding ApS?

Panta Rhei Holding ApS most recently used Revision 2 A/S.

When was Panta Rhei Holding ApS founded?

Panta Rhei Holding ApS was founded on 2 August 2018.

What is the equity of Panta Rhei Holding ApS?

Equity was DKK 59k 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.