Epcido Holding A/S

CVR 42827894 · Public limited company (A/S) · Active · Low risk

Epcido Holding A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Oct 2025) shows equity of DKK 36.9m and a net result of DKK 3.0m. CEO: Flemming Noes Lorentzen, Pawel Lukasz Rosiak.

Bankruptcy risk for Epcido Holding A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · 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
42827894
Status
Active
Company type
Public limited company (A/S)
Founded
(4 years)
Address
Sakskøbingvej 6
7400 Herning
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 402k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio99.7%
Current ratio153%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies1
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK -96kDKK -38kDKK -82k
Net profitDKK 3.0mDKK 6.5mDKK 17.4m
EquityDKK 36.9mDKK 34.4mDKK 36.7m
Total assetsDKK 37.0mDKK 34.5mDKK 36.9m
CashDKK 0DKK 0–
Short-term debtDKK 95kDKK 54k–
Tax owedDKK 0DKK 0–
Avg. employees00–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Nov 2024 – 31 Oct 202581
1 Nov 2023 – 31 Oct 202488
1 Nov 2022 – 31 Oct 202385
12 Nov 2021 – 31 Oct 202272

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
CEOFlemming Noes LorentzenCurrent
CEOPawel Lukasz RosiakCurrent
CEOSrikanth Apputhurai
CEOJesper Rantala
BoardPawel Lukasz RosiakCurrent
BoardFlemming Noes LorentzenCurrent
BoardLars JensenCurrent
BoardMikkel SecherCurrent
BoardFlemming Noes Lorentzen
BoardSrikanth Apputhurai
BoardLars Jensen
BoardChristian Møller Christensen
BoardChristian Møller Christensen
BoardJesper Rantala
BoardChristian Møller Christensen
BoardCarl Sinnerup Jensen
BoardChristian Møller Christensen
BoardChristian Møller Christensen
BoardBrian Kærgaard Mathiesen
BoardSrikanth Apputhurai
BoardMads Kragh Jensen
Owner (15%)Develo Holding ApSCurrent
Owner (15%)Mathan Holding ApSCurrent
Owner (15%)Pawel Lukasz RosiakCurrent
Owner (50%)ELTRONIC Group A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderDevelo Holding ApSCurrent
FounderMathan Holding ApSCurrent
FounderPawel Lukasz RosiakCurrent

The CEOs' other companies

Flemming Noes Lorentzen – 7 other companies, of which 1 bankrupt

Srikanth Apputhurai – 5 other companies

Jesper Rantala – 11 other companies

Address history (0 moves)

Sakskøbingvej 6, 7400 Herning

Former names

Epcido Holding A/S – now
Epcido Holding ApS –

Other companies at the same address

Similar companies in Herning

Questions and answers about Epcido Holding A/S

Has Epcido Holding A/S gone bankrupt?

No, Epcido Holding A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Epcido Holding A/S?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Epcido Holding A/S?

Flemming Noes Lorentzen, Pawel Lukasz Rosiak are the CEOs of Epcido Holding A/S.

Who is the auditor of Epcido Holding A/S?

Epcido Holding A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Epcido Holding A/S founded?

Epcido Holding A/S was founded on 12 November 2021.

What is the equity of Epcido Holding A/S?

Equity was DKK 36.9m according to the annual report for the period ending 31 October 2025.

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