PP BidCo ApS

CVR 44130262 · Private limited company (ApS) · Active · Low risk

PP BidCo ApS is a Private limited company (ApS), founded on , based in Ringkøbing. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -2.4m and a net result of DKK -9.7m. CEO: Bjarke Skeltved Hansen.

Bankruptcy risk for PP BidCo ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · 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×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
44130262
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Rindumgaards Allé 3
6950 Ringkøbing
Municipality
Ringkøbing-Skjern
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-0.9%
Current ratio82%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address22
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -181kDKK -4,000DKK -2.6m
Net profitDKK -9.7mDKK 10.6mDKK -4.4m
EquityDKK -2.4mDKK 6.6mDKK -4.3m
Total assetsDKK 269.9mDKK 247.8mDKK 249.1m
CashDKK 1,830DKK 19k–
Short-term debtDKK 73.0mDKK 26.2m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025140
1 Jan 2024 – 31 Dec 2024178
20 Jun 2023 – 31 Dec 2023180

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
CEOBjarke Skeltved HansenCurrent
Owner (100%)Travelheart Sun A/SCurrent
Owner (100%)SunCircle A/S
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderSunCircle A/SCurrent

The CEOs' other companies

Bjarke Skeltved Hansen – 43 other companies, of which 1 bankrupt

Address history (0 moves)

Rindumgaards Allé 3, 6950 Ringkøbing

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about PP BidCo ApS

Has PP BidCo ApS gone bankrupt?

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

What is the bankruptcy risk of PP BidCo ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of PP BidCo ApS?

Bjarke Skeltved Hansen is the CEO of PP BidCo ApS.

Who is the auditor of PP BidCo ApS?

PP BidCo ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was PP BidCo ApS founded?

PP BidCo ApS was founded on 20 June 2023.

What is the equity of PP BidCo ApS?

Equity was DKK -2.4m 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.