PAAJ Holding ApS
CVR 42837873 · Private limited company (ApS) · Active · High risk
PAAJ Holding ApS is a Private limited company (ApS), founded on , based in Aasiaat. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 4 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 22k and a net result of DKK -105k. CEO: Flemming Nielsen.
Bankruptcy risk for PAAJ Holding ApS
4.2 × the average (1.41%) · higher risk than 93% of active Danish companies
Increases the risk
Reduces the risk
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
- 42837873
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (4 years)
- Address
- Peter Siegstads Vej 26
3950 Aasiaat - Municipality
- Qeqertalik
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 40k
- Auditor
- RSM Danmark, Statsautoriseret Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 4 of 4 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 23.2% |
| Current ratio | 130% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 0 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 28k | DKK 51k | DKK -2,250 |
| Net profit | DKK -105k | DKK 59k | DKK 27k |
| Equity | DKK 22k | DKK 127k | DKK 68k |
| Total assets | DKK 96k | DKK 159k | DKK 71k |
| Cash | – | DKK 0 | – |
| Short-term debt | DKK 74k | DKK 32k | – |
| Tax owed | DKK 2,508 | DKK 19k | – |
| Avg. employees | 0 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 195 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 223 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 323 | Late | |
| 15 Nov 2021 – 31 Dec 2022 | 186 | Late |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Flemming Nielsen | Current | |
| CEO | Lau Frederiksen | ||
| CEO | Flemming Nielsen | ||
| Owner (100%) | Flemming Nielsen | Current | |
| Owner (100%) | Lau Frederiksen | ||
| Owner (100%) | Duben ApS | ||
| Founder | Lau Frederiksen | Current |
The CEOs' other companies
Flemming Nielsen – 7 other companies, of which 4 bankrupt
- EURO BYG ApS Bankrupt 24 Sep 2003
- HAMMERSHØJ NEDBRYDNINGSFORRETNING ApS Bankrupt 18 Oct 2007
- M&A Tagrens og multiservice IVS Bankrupt 20 Jul 2023
- Stoholms Jernværk ApS Bankrupt 5 Feb 2018
- Duben ApS Active
- FBV Holding IVS Compulsorily dissolved
- SKALLEGEI HOLDING ApS Fusioneret
Lau Frederiksen – 10 other companies, of which 4 bankrupt
- KM SERVICE A/S Bankrupt 25 May 2010
- LAUF INVEST ApS Bankrupt 21 Jun 2022
- LAUF SERVICE ApS Bankrupt 26 Jan 2017
- Lau Service ApS Bankrupt 20 Mar 2023
- FREDERIKSEN EJENDOMME ApS Active
- FREDERIKSEN INVEST ApS Compulsorily dissolved
- Fredes Vin IVS Compulsorily dissolved
- Greenland Sea Harvest A/S Compulsorily dissolved
- K.M. FISH MACHINERY ApS Fusioneret
- KLM-Vin IVS Compulsorily dissolved
Address history (2 moves)
| Peter Siegstads Vej 26, 3950 Aasiaat | |
| Adolf Jensensvej, 3900 Nuuk | |
| Alstrup Allé 1, 8361 Hasselager |
Former names
| PAAJ Holding ApS | – now |
| Greenlandic ApS | – |
Questions and answers about PAAJ Holding ApS
Has PAAJ Holding ApS gone bankrupt?
No, PAAJ Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of PAAJ Holding ApS?
Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.
Who is the CEO of PAAJ Holding ApS?
Flemming Nielsen is the CEO of PAAJ Holding ApS.
Who is the auditor of PAAJ Holding ApS?
PAAJ Holding ApS most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.
When was PAAJ Holding ApS founded?
PAAJ Holding ApS was founded on 15 November 2021.
What is the equity of PAAJ Holding ApS?
Equity was DKK 22k 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.