Mads W. Piil Holding ApS

CVR 41652233 · Private limited company (ApS) · Active · Low risk

Mads W. Piil Holding ApS is a Private limited company (ApS), founded on , based in Ringsted. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.1m and a net result of DKK 408k. CEO: Mads Worziger Piil.

Bankruptcy risk for Mads W. Piil Holding ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
41652233
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Mads Worziger Piil, Ditlevshøj 21
4100 Ringsted
Municipality
Ringsted
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio64.5%
Current ratio73%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -14kDKK -9,376
Net profitDKK 408kDKK 210k
EquityDKK 1.1mDKK 718k
Total assetsDKK 1.7mDKK 1.4m
CashDKK 40–
Short-term debtDKK 175k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022180
2 Sep 2020 – 31 Dec 2021180

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
CEOMads Worziger PiilCurrent
Owner (100%)Mads Worziger PiilCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderMads Worziger PiilCurrent

The CEOs' other companies

Mads Worziger Piil – 1 other companies

Address history (2 moves)

c/o Mads Worziger Piil, Ditlevshøj 21, 4100 Ringsted
c/o Mads Worziger Piil, H A Dooses Vej 5, 4100 Ringsted
Roskildevej 234, st., 4100 Ringsted

Similar companies in Ringsted

Questions and answers about Mads W. Piil Holding ApS

Has Mads W. Piil Holding ApS gone bankrupt?

No, Mads W. Piil Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Mads W. Piil Holding ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Mads W. Piil Holding ApS?

Mads Worziger Piil is the CEO of Mads W. Piil Holding ApS.

Who is the auditor of Mads W. Piil Holding ApS?

Mads W. Piil Holding ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Mads W. Piil Holding ApS founded?

Mads W. Piil Holding ApS was founded on 2 September 2020.

What is the equity of Mads W. Piil Holding ApS?

Equity was DKK 1.1m 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.