PJJ International ApS

CVR 44223473 · Private limited company (ApS) · Active · High risk

PJJ International ApS is a Private limited company (ApS), founded on , based in Ikast. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -250k and a net result of DKK 36k. CEO: Paul Andrew Horsman.

Bankruptcy risk for PJJ International ApS

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Reduces the risk

Return on assets15%+ · 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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
44223473
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Faurholtvej 10
7430 Ikast
Municipality
Ikast-Brande
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-134.5%
Current ratio43%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 64kDKK -389k
Net profitDKK 36kDKK -326k
EquityDKK -250kDKK -286k
Total assetsDKK 186kDKK 218k
CashDKK 44kDKK 5,818
Short-term debtDKK 436kDKK 504k
Avg. employees11

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025124
3 Aug 2023 – 31 Dec 202472

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
CEOPaul Andrew HorsmanCurrent
Owner (100%)Paul Andrew HorsmanCurrent
FounderPaul Andrew HorsmanCurrent

Address history (2 moves)

Faurholtvej 10, 7430 Ikast
Åbakkevej 4, 7540 Haderup
Faurholtvej 10, 7430 Ikast

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about PJJ International ApS

Has PJJ International ApS gone bankrupt?

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

What is the bankruptcy risk of PJJ International ApS?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the CEO of PJJ International ApS?

Paul Andrew Horsman is the CEO of PJJ International ApS.

When was PJJ International ApS founded?

PJJ International ApS was founded on 3 August 2023.

What is the equity of PJJ International ApS?

Equity was DKK -250k 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.