Pi Square ApS

CVR 39816105 · Private limited company (ApS) · Active · Low risk

Pi Square ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 7 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 1.3m and a net result of DKK 312k. CEO: Tahir Riaz.

Bankruptcy risk for Pi Square ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
39816105
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Tahir Riaz, Skipper Clements Gade 5, 2. th
9000 Aalborg
Municipality
Aalborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio46.4%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -4,262DKK -4,987DKK -4,987
Net profitDKK 312kDKK 149kDKK 824k
EquityDKK 1.3mDKK 992kDKK 844k
Total assetsDKK 2.8mDKK 1.0mDKK 853k
Short-term debtDKK 1.5mDKK 15k–
Avg. employees11–

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 2024182
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021151
1 Jan 2020 – 31 Dec 2020151
27 Aug 2018 – 31 Dec 2019244 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
CEOTahir RiazCurrent
Owner (100%)Tahir RiazCurrent
FounderTahir RiazCurrent

The CEOs' other companies

Tahir Riaz – 1 other companies

Address history (1 moves)

c/o Tahir Riaz, Skipper Clements Gade 5, 2. th, 9000 Aalborg
c/o Tahir Riaz, Søbakkevej 60, 8381 Tilst

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Pi Square ApS

Has Pi Square ApS gone bankrupt?

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

What is the bankruptcy risk of Pi Square ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Pi Square ApS?

Tahir Riaz is the CEO of Pi Square ApS.

When was Pi Square ApS founded?

Pi Square ApS was founded on 27 August 2018.

What is the equity of Pi Square ApS?

Equity was DKK 1.3m 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.