Pine Creek Games ApS

CVR 42202983 · Private limited company (ApS) · Active · High risk

Pine Creek Games ApS is a Private limited company (ApS), founded on , based in Føllenslev. The company is registered in the industry udgivelse af videospil. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -238k and a net result of DKK -1.2m. CEO: Benjamin Majgaard Salqvist.

Bankruptcy risk for Pine Creek Games ApS

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Capital changes3+ · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
42202983
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Benjamin Salqvist, Havnsøgårdsvej 42
4591 Føllenslev
Municipality
Kalundborg
Industry
Udgivelse af videospil (582100)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 47k
Auditor
Lægård Revision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-75.0%
Current ratio57%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies2
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 341kDKK 1.3m
Net profitDKK -1.2mDKK 85k
EquityDKK -238kDKK 6,634
Total assetsDKK 317kDKK 108k
CashDKK 257k–
Short-term debtDKK 555k–
Tax owedDKK 182k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Lægård Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025117
1 Jan 2024 – 31 Dec 202430
1 Jan 2023 – 31 Dec 2023128
1 Jan 2022 – 31 Dec 2022129
10 Mar 2021 – 31 Dec 2021161

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
CEOBenjamin Majgaard SalqvistCurrent
CEOJorge Villa Yagüe
BoardRune Malmskov DittmerCurrent
BoardBenjamin Majgaard SalqvistCurrent
Owner (67%)Wild Wood Holding ApSCurrent
Owner (15%)Hvabehar ApSCurrent
Owner (100%)Wild Wood Holding ApS
Owner (50%)Wild Wood Holding ApS
Owner (50%)Salduie Holdings ApS
Owner (100%)Wild Wood Holding ApS
FounderWild Wood Holding ApSCurrent

The CEOs' other companies

Benjamin Majgaard Salqvist – 4 other companies, of which 2 bankrupt

Jorge Villa Yagüe – 1 other companies

Address history (2 moves)

c/o Benjamin Salqvist, Havnsøgårdsvej 42, 4591 Føllenslev
Havnsøgårdsvej 42, 4591 Føllenslev
Richard Mortensens Vej 37F, 2300 København S

Other companies at the same address

Similar companies in Kalundborg

Questions and answers about Pine Creek Games ApS

Has Pine Creek Games ApS gone bankrupt?

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

What is the bankruptcy risk of Pine Creek Games ApS?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of Pine Creek Games ApS?

Benjamin Majgaard Salqvist is the CEO of Pine Creek Games ApS.

Who is the auditor of Pine Creek Games ApS?

Pine Creek Games ApS most recently used Lægård Revision.

When was Pine Creek Games ApS founded?

Pine Creek Games ApS was founded on 10 March 2021.

What is the equity of Pine Creek Games ApS?

Equity was DKK -238k 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.