Pio Pharm Denmark ApS

CVR 43917951 · Private limited company (ApS) · Active · Very high risk

Pio Pharm Denmark ApS is a Private limited company (ApS), founded on , based in Hundested. The company is registered in the industry fremstilling af mejeriprodukter. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 3 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -28.9m and a net result of DKK -21.7m. CEO: Hyonam Park.

Bankruptcy risk for Pio Pharm Denmark ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Capital changes2 · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
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
43917951
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Unovej 1
3390 Hundested
Municipality
Halsnæs
Industry
Fremstilling af mejeriprodukter (105100)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 17.7m
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-70.1%
Current ratio17%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -2.4mDKK -9.4mDKK -7.4m
Net profitDKK -21.7mDKK -16.3mDKK -8.7m
EquityDKK -28.9mDKK -7.3mDKK 168k
Total assetsDKK 41.3mDKK 46.4mDKK 10.8m
CashDKK 2.0mDKK 3.7m–
Short-term debtDKK 70.2mDKK 53.6m–
Avg. employees176–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024196 Late
10 Mar 2023 – 31 Dec 2023206 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

RoleNameFromTo
CEOHyonam ParkCurrent
CEOLasse Nagell
Owner (33%)DENPS ApSCurrent
Owner (50%)PIOPHARM CO., LTDCurrent
Owner (100%)DENPS ApS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
FounderDENPS ApSCurrent

The CEOs' other companies

Lasse Nagell – 3 other companies

Address history (0 moves)

Unovej 1, 3390 Hundested

Other companies at the same address

Similar companies in Halsnæs

Questions and answers about Pio Pharm Denmark ApS

Has Pio Pharm Denmark ApS gone bankrupt?

No, Pio Pharm Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Pio Pharm Denmark ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Pio Pharm Denmark ApS?

Hyonam Park is the CEO of Pio Pharm Denmark ApS.

Who is the auditor of Pio Pharm Denmark ApS?

Pio Pharm Denmark ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Pio Pharm Denmark ApS founded?

Pio Pharm Denmark ApS was founded on 10 March 2023.

What is the equity of Pio Pharm Denmark ApS?

Equity was DKK -28.9m 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.