Payable ApS

CVR 40860282 · Private limited company (ApS) · Active · Low risk

Payable ApS is a Private limited company (ApS), founded on , based in Dronninglund. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 6 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 298k and a net result of DKK 350k. CEO: Niels Mølgaard Christiansen.

Bankruptcy risk for Payable 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

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
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
40860282
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Niels Mølgaard Christiansen, Kirkevej 11
9330 Dronninglund
Municipality
Brønderslev
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Auditor
RevisorHuset HalsRegistreret revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 6
Missing annual reportNo
Negative equityNo
Equity ratio43.9%
Current ratio178%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 359kDKK -51kDKK -182k
Net profitDKK 350kDKK -168kDKK -142k
EquityDKK 298kDKK -52kDKK 116k
Total assetsDKK 679kDKK 100kDKK 309k
CashDKK 634kDKK 55k–
Short-term debtDKK 381kDKK 152k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisorHuset HalsRegistreret revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024190 Late
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 202188
9 Oct 2019 – 31 Dec 2020196 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
CEONiels Mølgaard ChristiansenCurrent
CEOJan Fogde Varberg
Owner (100%)KAEP Holding ApSCurrent
Owner (33%)JAN VARBERG HOLDING ApS
Owner (33%)JM HOLDING AALBORG ApS
Owner (33%)KAEP Holding ApS
FounderJAN VARBERG HOLDING ApSCurrent
FounderJM HOLDING AALBORG ApSCurrent

The CEOs' other companies

Niels Mølgaard Christiansen – 21 other companies, of which 8 bankrupt

Jan Fogde Varberg – 4 other companies

Address history (1 moves)

c/o Niels Mølgaard Christiansen, Kirkevej 11, 9330 Dronninglund
Virkelyst 10, 9400 Nørresundby

Other companies at the same address

Similar companies in Brønderslev

Questions and answers about Payable ApS

Has Payable ApS gone bankrupt?

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

What is the bankruptcy risk of Payable 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 Payable ApS?

Niels Mølgaard Christiansen is the CEO of Payable ApS.

Who is the auditor of Payable ApS?

Payable ApS most recently used RevisorHuset HalsRegistreret revisionsanpartsselskab.

When was Payable ApS founded?

Payable ApS was founded on 9 October 2019.

What is the equity of Payable ApS?

Equity was DKK 298k 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.