Penning Group ApS

CVR 42310352 · Private limited company (ApS) · Active · Very high risk

Penning Group ApS is a Private limited company (ApS), founded on , based in Vanløse. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 12.6% over the next 12 months, which is 9.0 times the average for Danish companies. 5 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Mar 2026) shows equity of DKK 144k and a net result of DKK -1.2m. CEO: Hasan Surtiwala.

Bankruptcy risk for Penning Group ApS

12.6%
probability of bankruptcy within 12 months
Very high risk

9.0 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years3+ · bankruptcy rate 41.0%4.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Registered owners4+ · bankruptcy rate 5.7%0.65×
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×

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
42310352
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Frederiksgårds Allé 16A, st. th
2720 Vanløse
Municipality
København
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 76k
Auditor
Slebo Revision, Statsautoriseret Revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityNo
Equity ratio24.5%
Current ratio123%
Moves (last 2 years)3
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -838kDKK -440kDKK -420k
Net profitDKK -1.2mDKK -770kDKK -1.3m
EquityDKK 144kDKK 258kDKK 1.0m
Total assetsDKK 587kDKK 449kDKK 1.0m
CashDKK 7,723DKK 115k–
Short-term debtDKK 443kDKK 190k–
Avg. employees31–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Slebo Revision, Statsautoriseret Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026184 Late
1 Apr 2024 – 31 Mar 2025164
1 Apr 2023 – 31 Mar 2024185 Late
1 Apr 2022 – 31 Mar 2023153
16 Apr 2021 – 31 Mar 2022181

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
CEOHasan SurtiwalaCurrent
CEOMartin Josva Hebsgaard Jessen
BoardJimmie Hansen SteinbeckCurrent
BoardMartin Josva Hebsgaard JessenCurrent
BoardHasan SurtiwalaCurrent
BoardHasan Surtiwala
BoardClaus Skaaning
BoardNicklas Peyk Millgaard
Owner (20%)ONE10 VENTURES ApSCurrent
Owner (20%)Bolder Ventures ApSCurrent
Owner (5%)DANGER ISLAND ApSCurrent
Owner (5%)BOJH-MJH Equity Investments ApSCurrent
Owner (5%)Hold Os Invest ApSCurrent
Owner (20%)7MC Implement Ltd.Current
Owner (10%)DANGER ISLAND ApS
Owner (5%)BOJH-MJH Equity Investments ApS
Owner (20%)7MC ApS
Owner (15%)Blockstar Holding ApS
Owner (15%)Bolder Ventures ApS
Owner (5%)Penning Group ApS
Owner (10%)Penning Group ApS
FounderDANGER ISLAND ApSCurrent
FounderBOJH-MJH Equity Investments ApSCurrent
Founder7MC ApSCurrent
FounderBlockstar Holding ApSCurrent
FounderONE10 VENTURES ApSCurrent
FounderBolder Ventures ApSCurrent

The CEOs' other companies

Hasan Surtiwala – 6 other companies, of which 2 bankrupt

Martin Josva Hebsgaard Jessen – 3 other companies

Address history (4 moves)

Frederiksgårds Allé 16A, st. th, 2720 Vanløse
Hauser Plads 20, 1127 København K
Frederiksgårds Allé 16A, st. th, 2720 Vanløse
c/o ARYZE, Vester Voldgade 7B, 1552 København V
c/o Magnusson Advokatparterselskab, Bredgade 30, 1260 København K

Former names

Penning Group ApS – now
IQOMI Holding ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Penning Group ApS

Has Penning Group ApS gone bankrupt?

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

What is the bankruptcy risk of Penning Group ApS?

Our model estimates a bankruptcy risk of 12.6% over the next 12 months (very high risk), which is 9.0 times the average for Danish companies.

Who is the CEO of Penning Group ApS?

Hasan Surtiwala is the CEO of Penning Group ApS.

Who is the auditor of Penning Group ApS?

Penning Group ApS most recently used Slebo Revision, Statsautoriseret Revisionsanpartsselskab.

When was Penning Group ApS founded?

Penning Group ApS was founded on 16 April 2021.

What is the equity of Penning Group ApS?

Equity was DKK 144k according to the annual report for the period ending 31 March 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.