Pie Systems ApS
CVR 39877848 · Private limited company (ApS) · Active · Medium risk
Pie Systems ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 1.8% over the next 12 months, which is 1.3 times the average for Danish companies. 8 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -10.7m and a net result of DKK 2.0m.
Bankruptcy risk for Pie Systems ApS
1.3 × the average (1.41%) · higher risk than 81% of active Danish companies
Increases the risk
Reduces the risk
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
- 39877848
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (8 years)
- Address
- c/o Business Centre Fuglevangsvej, Fuglevangsvej 11
1962 Frederiksberg C - Municipality
- Frederiksberg
- Industry
- Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software - Share capital
- DKK 40k
- Employees
- 2 (2018)
- Auditor
- PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 6 of 8 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -77.0% |
| Current ratio | 56% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 65 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 4.3m | DKK 909k | DKK -1.8m |
| Net profit | DKK 2.0m | DKK -9.8m | DKK -4.9m |
| Equity | DKK -10.7m | DKK -12.6m | DKK -2.8m |
| Total assets | DKK 13.9m | DKK 8.0m | DKK 22.1m |
| Cash | DKK 2.0m | DKK 1.7m | – |
| Short-term debt | DKK 24.6m | DKK 20.5m | – |
| Tax owed | – | DKK 0 | – |
| Avg. employees | 5 | 6 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 211 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 189 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 190 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 186 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 188 | Late | |
| 1 Jan 2020 – 31 Dec 2020 | 179 | ||
| 1 Jan 2019 – 31 Dec 2019 | 247 | Late | |
| 20 Sep 2018 – 31 Dec 2018 | 143 |
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 |
|---|---|---|---|
| Owner (100%) | Pie Systems Inc. | Current | |
| Owner (50%) | Sunny Long | ||
| Owner (5%) | Dominic Sheehy | ||
| Owner (5%) | Dreamcraft Heritage Fund K/S | ||
| Owner (5%) | DG Incubation Inc | ||
| Owner (5%) | Nejc Pintar | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Founder | Sunny Long | Current |
Address history (2 moves)
| c/o Business Centre Fuglevangsvej, Fuglevangsvej 11, 1962 Frederiksberg C | |
| c/o Business Centre Havnegade, Havnegade 39, 1058 København K | |
| c/o CPH Fintech Lab, Applebys Plads 7, 1411 København K |
Former names
| Pie Systems ApS | – now |
| Pie Systems IVS | – |
Employees per year
Other companies at the same address
- ANGLO DANISH PROPERTY INVESTMENT A/S Bankrupt
- Datoselskabet af 11 september 2017 ApS Bankrupt
- EDUTORIUM A/S Bankrupt
- FOCUS EJENDOMME A/S Bankrupt
- FOCUS-BOURNEMOUTH KOMPLEMENTAR ApS Bankrupt
- FOCUS-BREMEN KOMPLEMENTAR ApS Bankrupt
- FOCUS-COMBI INVEST KOMPLEMENTAR ApS Bankrupt
- FOCUS-FAREHAM KOMPLEMENTAR ApS Bankrupt
- FOCUS-KOLDING KOMPLEMENTAR ApS Bankrupt
- FOCUS-ST. HELENS KOMPLEMENTAR ApS Bankrupt
- FOCUS-VOJENS KOMPLEMENTAR ApS Bankrupt
- H/M Totalservice ApS Bankrupt
- K/S FOCUS-COMBI INVEST Bankrupt
- LuxeShine ApS Bankrupt
- ROYAL BESTSELLER ApS Bankrupt
- UDVIKLINGSSELSKABET AF 31.05.2000 A/S Bankrupt
- WISBECH KOMPLEMENTAR ApS Bankrupt
- 1972 HOLDING ApS Fusioneret
- AMM Denmark ApS Active
- AMTSVEJEN 7 ApS Fusioneret
- BOLIGRAF IVS Compulsorily dissolved
- DIRECT HEDGE DANMARK FONDSMÆGLERSELSKAB A/S Active
- DRONNINGENS TVÆRGADE 6 B-C ApS Fusioneret
- FOCUS-LIVERPOOL KOMPLEMENTAR ApS Opløst
- FOKUS BAD ApS Active
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Questions and answers about Pie Systems ApS
Has Pie Systems ApS gone bankrupt?
No, Pie Systems ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Pie Systems ApS?
Our model estimates a bankruptcy risk of 1.8% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.
Who is the auditor of Pie Systems ApS?
Pie Systems ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was Pie Systems ApS founded?
Pie Systems ApS was founded on 20 September 2018.
What is the equity of Pie Systems ApS?
Equity was DKK -10.7m 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.