PP Nordica Group A/S
CVR 40850562 · Public limited company (A/S) · Active · Very high risk
PP Nordica Group A/S is a Public limited company (A/S), founded on , based in Ansager. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 18.5% over the next 12 months, which is 13.2 times the average for Danish companies. 6 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 3.6m and a net result of DKK 2.5m. CEO: Palle Olsen.
Bankruptcy risk for PP Nordica Group A/S
13.2 × the average (1.41%) · higher risk than 99% 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
- 40850562
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (7 years)
- Address
- Sønderbro 24
6823 Ansager - Municipality
- Varde
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 400k
- Auditor
- MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 4 of 6 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 60.3% |
| Current ratio | 440% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 4 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -14k | DKK -15k | DKK -104k |
| Net profit | DKK 2.5m | DKK -46k | DKK 703k |
| Equity | DKK 3.6m | DKK 1.1m | DKK 1.1m |
| Total assets | DKK 6.0m | DKK 3.5m | DKK 4.0m |
| Cash | DKK 22 | DKK 749 | – |
| Short-term debt | DKK 56k | DKK 54k | – |
| Avg. employees | 0 | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Oct 2024 – 30 Sep 2025 | 192 | Late | |
| 1 Oct 2023 – 30 Sep 2024 | 212 | Late | |
| 1 Oct 2022 – 30 Sep 2023 | 219 | Late | |
| 1 Oct 2021 – 30 Sep 2022 | 179 | ||
| 1 Oct 2020 – 30 Sep 2021 | 165 | ||
| 9 Oct 2019 – 30 Sep 2020 | 182 |
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 | Palle Olsen | Current | |
| Board | Palle Olsen | Current | |
| Board | Sune Nikolas Olsen | Current | |
| Board | Signe Veronika Olsen | Current | |
| Board | Carsten Rose Færge | ||
| Board | Casper Westphall Pansch | ||
| Board | Daniel Fester Henningsen | ||
| Board | Tom Jess R. Winters | ||
| Board | Casper Westphall Pansch | ||
| Owner (10%) | DFHÅ ApS | Current | |
| Owner (67%) | GAMMELGÅRDEN ApS | Current | |
| Owner (20%) | Adfil Limited Company | Current | |
| Owner (90%) | GAMMELGÅRDEN ApS | ||
| Auditor | MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | GAMMELGÅRDEN ApS | Current | |
| Founder | DFHÅ ApS | Current |
The CEOs' other companies
Palle Olsen – 6 other companies, of which 2 bankrupt
- DANISH FIBER PRODUCTION ApS Bankrupt 27 Jan 2011
- PP NORDICA ApS Bankrupt 5 Oct 2009
- GAMMELGÅRDEN ApS Active
- PP NORDICA DANMARK ApS Active
- PP Nordica Rental ApS Active
- Polypropylene Concrete Designs ApS Active
Address history (1 moves)
| Sønderbro 24, 6823 Ansager | |
| Hoddeskovvej 9, 6823 Ansager |
Former names
| PP Nordica Group A/S | – now |
| PP Nordica Group ApS | – |
Other companies at the same address
- GAMMELGÅRDEN ApS Active
- PP NORDICA DANMARK ApS Active
- PP Nordica Rental ApS Active
- PP Nordica-Engineering ApS Active
Similar companies in Varde
- OXB ApS Blåvand
- AGERBÆK HOLDING A/S Agerbæk
- VPK ApS Oksbøl
- ETL Holding 2026 ApS Årre
- JAM Holding 2026 ApS Årre
- Ejendommeinwest Holding ApS Oksbøl
- H.E.P. Holding ApS Oksbøl
- Niels Brogård Holding ApS Årre
- LOMN Holding ApS Årre
- Dansk Industrihåndtering Holding ApS Ansager
- Quarksmen ApS Ølgod
- BHC Holding, Næsbjerg ApS Varde
Questions and answers about PP Nordica Group A/S
Has PP Nordica Group A/S gone bankrupt?
No, PP Nordica Group A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of PP Nordica Group A/S?
Our model estimates a bankruptcy risk of 18.5% over the next 12 months (very high risk), which is 13.2 times the average for Danish companies.
Who is the CEO of PP Nordica Group A/S?
Palle Olsen is the CEO of PP Nordica Group A/S.
Who is the auditor of PP Nordica Group A/S?
PP Nordica Group A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was PP Nordica Group A/S founded?
PP Nordica Group A/S was founded on 9 October 2019.
What is the equity of PP Nordica Group A/S?
Equity was DKK 3.6m according to the annual report for the period ending 30 September 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.