Pavement Experts ApS

CVR 43511920 · Private limited company (ApS) · Active · Low risk

Pavement Experts ApS is a Private limited company (ApS), founded on , based in Them. The company is registered in the industry rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 865k and a net result of DKK 258k. CEO: Hans Christian Korsgaard.

Bankruptcy risk for Pavement Experts ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
43511920
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Silkeborgvej 14
8653 Them
Municipality
Silkeborg
Industry
Rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder (711210)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 40k
Auditor
Blicher Revision &amp; Rådgivning, StatsautoriseretRevisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio79.4%
Current ratio486%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.4mDKK 1.1m
Net profitDKK 258kDKK 524k
EquityDKK 865kDKK 743k
Total assetsDKK 1.1mDKK 925k
CashDKK 941k–
Short-term debtDKK 224k–
Tax owedDKK 0–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Blicher Revision &amp; Rådgivning, StatsautoriseretRevisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202555
1 Jan 2024 – 31 Dec 2024132
14 Sep 2022 – 31 Dec 2023169

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
CEOHans Christian KorsgaardCurrent
BoardHans Christian KorsgaardCurrent
BoardHans Kaj Jessen JerneCurrent
Owner (100%)Hans Christian KorsgaardCurrent
FounderHans Christian KorsgaardCurrent

The CEOs' other companies

Hans Christian Korsgaard – 3 other companies

Address history (0 moves)

Silkeborgvej 14, 8653 Them

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Questions and answers about Pavement Experts ApS

Has Pavement Experts ApS gone bankrupt?

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

What is the bankruptcy risk of Pavement Experts ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Pavement Experts ApS?

Hans Christian Korsgaard is the CEO of Pavement Experts ApS.

Who is the auditor of Pavement Experts ApS?

Pavement Experts ApS most recently used Blicher Revision &amp; Rådgivning, StatsautoriseretRevisionsaktieselskab.

When was Pavement Experts ApS founded?

Pavement Experts ApS was founded on 14 September 2022.

What is the equity of Pavement Experts ApS?

Equity was DKK 865k 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.