PaperNation Holding ApS

CVR 44059231 · Private limited company (ApS) · Active · Medium risk

PaperNation Holding ApS is a Private limited company (ApS), founded on , based in Strøby. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 2 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 1.5m and a net result of DKK 394k. CEO: Frank Jørgen Andersen.

Bankruptcy risk for PaperNation Holding ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
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 vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · 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
44059231
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Kystvejen 176
4671 Strøby
Municipality
Stevns
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
REVISION 2 A/S
Audit opted out
No

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio91.7%
Current ratio172%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -4,091DKK -9,739
Net profitDKK 394kDKK 1.1m
EquityDKK 1.5mDKK 1.1m
Total assetsDKK 1.6mDKK 1.5m
CashDKK 58k–
Short-term debtDKK 136k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025198 Late
14 May 2023 – 30 Jun 2024173

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
CEOFrank Jørgen AndersenCurrent
Owner (100%)Frank Jørgen AndersenCurrent
AuditorREVISION 2 A/SCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderFrank Jørgen AndersenCurrent

The CEOs' other companies

Frank Jørgen Andersen – 1 other companies

Address history (0 moves)

Kystvejen 176, 4671 Strøby

Other companies at the same address

Similar companies in Stevns

Questions and answers about PaperNation Holding ApS

Has PaperNation Holding ApS gone bankrupt?

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

What is the bankruptcy risk of PaperNation Holding ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of PaperNation Holding ApS?

Frank Jørgen Andersen is the CEO of PaperNation Holding ApS.

Who is the auditor of PaperNation Holding ApS?

PaperNation Holding ApS most recently used REVISION 2 A/S.

When was PaperNation Holding ApS founded?

PaperNation Holding ApS was founded on 14 May 2023.

What is the equity of PaperNation Holding ApS?

Equity was DKK 1.5m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.