Groendus Papaya NL Finance A/S

CVR 43349473 · Public limited company (A/S) · Active · High risk

Groendus Papaya NL Finance A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 19.7m and a net result of DKK -73.9m. CEO: Ron Gadiel.

Bankruptcy risk for Groendus Papaya NL Finance A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
43349473
Status
Active
Company type
Public limited company (A/S)
Founded
(4 years)
Address
Læderstræde 14, 1.
1201 København K
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 400k
Auditor
inforevision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityNo
Equity ratio99.5%
Current ratio0%
Moves (last 2 years)1
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -132k––
Net profitDKK -73.9mDKK -51.3mDKK -12k
EquityDKK 19.7mDKK 42.3mDKK 368k
Total assetsDKK 19.8mDKK 42.3mDKK 124.4m
CashDKK 0DKK 3,812–
Short-term debtDKK 31kDKK 25k–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · inforevision statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025197 Late
1 Jan 2024 – 31 Dec 202484
1 Jan 2023 – 31 Dec 2023176
14 Jun 2022 – 31 Dec 2022171

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
CEORon GadielCurrent
CEORasmus Brandsen Laursen
CEOKarsten Rovelt-Busch
CEOKimmie Kubis Tronborg
BoardKimmie Kubis TronborgCurrent
BoardCathrine Moesgaard AlbertsenCurrent
BoardErik van der EndeCurrent
BoardJacob Olsen
BoardClaus Nørgaard Tonsgaard
BoardRasmus Brandsen Laursen
BoardAndreas Delcomyn Larsen
BoardKarsten Rovelt-Busch
BoardOle Malling
Owner (100%)Groendus Assets Holding B.V.Current
Owner (100%)Obton Solenergi Master Impact A/S
Auditorinforevision statsautoriseret revisionsaktieselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderObton Solenergi Master Impact A/SCurrent

The CEOs' other companies

Ron Gadiel – 5 other companies

Rasmus Brandsen Laursen – 16 other companies

Karsten Rovelt-Busch – 59 other companies

Kimmie Kubis Tronborg – 49 other companies, of which 1 bankrupt

Address history (2 moves)

Læderstræde 14, 1., 1201 København K
c/o Obton A/S, Kristine Nielsens Gade 5, 8000 Aarhus C
c/o Obton A/S, Silkeborgvej 2, 8000 Aarhus C

Former names

Groendus Papaya NL Finance A/S – now
Obton NL Finance A/S –
P/S Obton NL Finance –

Other companies at the same address

Similar companies in København

Questions and answers about Groendus Papaya NL Finance A/S

Has Groendus Papaya NL Finance A/S gone bankrupt?

No, Groendus Papaya NL Finance A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Groendus Papaya NL Finance A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Groendus Papaya NL Finance A/S?

Ron Gadiel is the CEO of Groendus Papaya NL Finance A/S.

Who is the auditor of Groendus Papaya NL Finance A/S?

Groendus Papaya NL Finance A/S most recently used inforevision statsautoriseret revisionsaktieselskab.

When was Groendus Papaya NL Finance A/S founded?

Groendus Papaya NL Finance A/S was founded on 14 June 2022.

What is the equity of Groendus Papaya NL Finance A/S?

Equity was DKK 19.7m 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.