Piil og Palsgaard Auto ApS

CVR 41583231 · Private limited company (ApS) · Active · Low risk

Piil og Palsgaard Auto ApS is a Private limited company (ApS), founded on , based in Hjørring. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 5 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 1.8m and a net result of DKK 914k. CEO: Henning Palsgaard Christensen, Morten Piil.

Bankruptcy risk for Piil og Palsgaard Auto ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
41583231
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Barfoedsvej 3
9800 Hjørring
Municipality
Hjørring
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio34.3%
Current ratio105%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.4mDKK 3.5m
Net profitDKK 914kDKK 682k
EquityDKK 1.8mDKK 1.2m
Total assetsDKK 5.1mDKK 4.5m
CashDKK 349k–
Short-term debtDKK 1.6m–
Tax owedDKK 259k–
Avg. employees6–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202578
1 Oct 2023 – 30 Sep 202463
1 Oct 2022 – 30 Sep 202346
1 Oct 2021 – 30 Sep 202225
12 Aug 2020 – 30 Sep 202162

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
CEOHenning Palsgaard ChristensenCurrent
CEOMorten PiilCurrent
Owner (50%)HPC Holding, Biersted ApSCurrent
Owner (50%)Tylstrupvej 49 Holding ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
FounderHPC Holding, Biersted ApSCurrent
FounderTylstrupvej 49 Holding ApSCurrent

The CEOs' other companies

Henning Palsgaard Christensen – 1 other companies

Morten Piil – 1 other companies

Address history (1 moves)

Barfoedsvej 3, 9800 Hjørring
Elbækvej 21, 9440 Aabybro

Other companies at the same address

Similar companies in Hjørring

Questions and answers about Piil og Palsgaard Auto ApS

Has Piil og Palsgaard Auto ApS gone bankrupt?

No, Piil og Palsgaard Auto ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Piil og Palsgaard Auto ApS?

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

Who is the CEO of Piil og Palsgaard Auto ApS?

Henning Palsgaard Christensen, Morten Piil are the CEOs of Piil og Palsgaard Auto ApS.

Who is the auditor of Piil og Palsgaard Auto ApS?

Piil og Palsgaard Auto ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Piil og Palsgaard Auto ApS founded?

Piil og Palsgaard Auto ApS was founded on 12 August 2020.

What is the equity of Piil og Palsgaard Auto ApS?

Equity was DKK 1.8m 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.