PipeGrade ApS

CVR 41018976 · Private limited company (ApS) · Active · Low risk

PipeGrade ApS is a Private limited company (ApS), founded on , based in Charlottenlund. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 6 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 297k and a net result of DKK 46k. CEO: Christian Damsgaard Tost.

Bankruptcy risk for PipeGrade ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×

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
41018976
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Emilievej 5
2920 Charlottenlund
Municipality
Gentofte
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio48.7%
Current ratio195%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 59kDKK 69kDKK -66k
Net profitDKK 46kDKK 46kDKK -51k
EquityDKK 297kDKK 251kDKK 205k
Total assetsDKK 609kDKK 545kDKK 586k
CashDKK 115kDKK 98k–
Short-term debtDKK 312kDKK 294k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023226 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021181
6 Dec 2019 – 31 Dec 2020162

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
CEOChristian Damsgaard TostCurrent
BoardKasper Bye Lassen
BoardAleksander Due-Rasmussen
BoardNicki Due-Rasmussen
Owner (100%)Matter X ApSCurrent
FounderChristian Damsgaard TostCurrent

The CEOs' other companies

Christian Damsgaard Tost – 12 other companies, of which 1 bankrupt

Address history (2 moves)

Emilievej 5, 2920 Charlottenlund
Emilievej 5, 2920 Charlottenlund
Strandboulevarden 95, 3. th, 2100 København Ø

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Questions and answers about PipeGrade ApS

Has PipeGrade ApS gone bankrupt?

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

What is the bankruptcy risk of PipeGrade ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of PipeGrade ApS?

Christian Damsgaard Tost is the CEO of PipeGrade ApS.

When was PipeGrade ApS founded?

PipeGrade ApS was founded on 6 December 2019.

What is the equity of PipeGrade ApS?

Equity was DKK 297k 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.