Padel or Die ApS

CVR 42198382 · Private limited company (ApS) · Active · High risk

Padel or Die ApS is a Private limited company (ApS), founded on , based in Risskov. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 5 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 -885k and a net result of DKK 265k.

Bankruptcy risk for Padel or Die ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
42198382
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Sindalsvej 37
8240 Risskov
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-994,730.3%
Current ratio0%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address22
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -11kDKK -11k
Net profitDKK 265kDKK -1.1m
EquityDKK -885kDKK -1.2m
Total assetsDKK 89DKK 88
CashDKK 89–
Short-term debtDKK 65k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025186 Late
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022180
1 Mar 2021 – 31 Dec 2021165

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
Owner (50%)M. KROGH HOLDING ApSCurrent
Owner (50%)danviborg Holding ApSCurrent
Owner (33%)M. KROGH HOLDING ApS
Owner (33%)E. Larsen Capital ApS
Owner (33%)danviborg Holding ApS
FounderM. KROGH HOLDING ApSCurrent
FounderE. Larsen Capital ApSCurrent
Founderdanviborg Holding ApSCurrent

Address history (0 moves)

Sindalsvej 37, 8240 Risskov

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Padel or Die ApS

Has Padel or Die ApS gone bankrupt?

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

What is the bankruptcy risk of Padel or Die ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the auditor of Padel or Die ApS?

Padel or Die ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Padel or Die ApS founded?

Padel or Die ApS was founded on 1 March 2021.

What is the equity of Padel or Die ApS?

Equity was DKK -885k 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.