Papp Danmark ApS

CVR 41545933 · Private limited company (ApS) · Active · Medium risk

Papp Danmark ApS is a Private limited company (ApS), founded on , based in Aarhus V. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -363k and a net result of DKK -407k. CEO: Tan Minh Nguyen Tran.

Bankruptcy risk for Papp Danmark ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
41545933
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Rytoften 5, 2.
8210 Aarhus V
Municipality
Aarhus
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 51k
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-13.2%
Current ratio84%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address32
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 1.3mDKK 798k
Net profitDKK -407kDKK -740k
EquityDKK -363kDKK 44k
Total assetsDKK 2.8mDKK 1.8m
CashDKK 86k–
Short-term debtDKK 1.6m–
Avg. employees6–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · KPMG.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024133
1 Jan 2023 – 31 Dec 2023150
1 Jan 2022 – 31 Dec 2022151
24 Jul 2020 – 31 Dec 2021117

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
CEOTan Minh Nguyen TranCurrent
BoardMartin Holk RasmussenCurrent
BoardCarsten OvergaardCurrent
BoardTan Minh Nguyen TranCurrent
Owner (15%)Hands-on Mikrofonden A/SCurrent
Owner (67%)Papp Danmark Holding ApSCurrent
Owner (15%)Martin Holk Rasmussen
Owner (15%)Alfred Röttger Rydahl
Owner (15%)Rasmus Sander Larsen
Owner (25%)Tan Minh Nguyen Tran
Owner (15%)Nikolaj Søby Wassmann
Owner (25%)Martin Holk Rasmussen
Owner (25%)Alfred Röttger Rydahl
Owner (33%)Tan Minh Nguyen Tran
Owner (100%)Papp Danmark Holding ApS
Owner (90%)Papp Danmark Holding ApS
Owner (10%)Hands-on Mikrofonden A/S
Owner (67%)Papp Danmark Holding ApS
AuditorKPMG P/SCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderMartin Holk RasmussenCurrent
FounderAlfred Röttger RydahlCurrent
FounderRasmus Sander LarsenCurrent
FounderTan Minh Nguyen TranCurrent
FounderNikolaj Søby WassmannCurrent

The CEOs' other companies

Tan Minh Nguyen Tran – 1 other companies

Address history (3 moves)

Rytoften 5, 2., 8210 Aarhus V
Hermodsvej 18A, 8230 Åbyhøj
Kløvervej 21, 8700 Horsens
Søndergade 44, 2., 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Papp Danmark ApS

Has Papp Danmark ApS gone bankrupt?

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

What is the bankruptcy risk of Papp Danmark ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Papp Danmark ApS?

Tan Minh Nguyen Tran is the CEO of Papp Danmark ApS.

Who is the auditor of Papp Danmark ApS?

Papp Danmark ApS most recently used KPMG P/S.

When was Papp Danmark ApS founded?

Papp Danmark ApS was founded on 24 July 2020.

What is the equity of Papp Danmark ApS?

Equity was DKK -363k 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.