Pigeon Construct ApS

CVR 43278959 · Private limited company (ApS) · Active · Low risk

Pigeon Construct ApS is a Private limited company (ApS), founded on , based in Ærøskøbing. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 4 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 40k and a net result of DKK 58k. CEO: Kasper Due Thiem.

Bankruptcy risk for Pigeon Construct ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%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
43278959
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Risemarksvej 14
5970 Ærøskøbing
Municipality
Ærø
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityNo
Equity ratio40.4%
Current ratio168%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 486kDKK 390kDKK 377k
Gross profitDKK 408kDKK 302kDKK 300k
Net profitDKK 58kDKK -26kDKK -9,379
EquityDKK 40kDKK -17kDKK 8,917
Total assetsDKK 100kDKK 50kDKK 59k
CashDKK 83kDKK 50k–
Short-term debtDKK 60kDKK 67k–
Tax owedDKK 1,477––

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023198 Late
20 May 2022 – 31 Dec 2022182

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
CEOKasper Due ThiemCurrent
Owner (100%)Pigeon Holding ApSCurrent
FounderPigeon Holding ApSCurrent

The CEOs' other companies

Kasper Due Thiem – 2 other companies

Address history (0 moves)

Risemarksvej 14, 5970 Ærøskøbing

Other companies at the same address

Questions and answers about Pigeon Construct ApS

Has Pigeon Construct ApS gone bankrupt?

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

What is the bankruptcy risk of Pigeon Construct ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of Pigeon Construct ApS?

Kasper Due Thiem is the CEO of Pigeon Construct ApS.

When was Pigeon Construct ApS founded?

Pigeon Construct ApS was founded on 20 May 2022.

What is the equity of Pigeon Construct ApS?

Equity was DKK 40k 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.