Plug Power Project 2 Denmark ApS

CVR 44482002 · Private limited company (ApS) · Active · Medium risk

Plug Power Project 2 Denmark ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry produktion af elektricitet fra ikke-vedvarende energikilder. Our model estimates a bankruptcy risk of 1.3% over the next 12 months, which is 1.0 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -75k and a net result of DKK -91k. CEO: Benjamin Toby Patrick Haycraft, Jeroen Jacobus Maria van Erven.

Bankruptcy risk for Plug Power Project 2 Denmark ApS

1.3%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
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
44482002
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o DLA Piper Denmark, Oslo Plads 2
2100 København Ø
Municipality
København
Industry
Produktion af elektricitet fra ikke-vedvarende energikilder (351100)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 40k
Auditor
Forvis Mazars
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-36.3%
Current ratio525%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address112
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -91kDKK -24k
Net profitDKK -91kDKK -24k
EquityDKK -75kDKK 16k
Total assetsDKK 205kDKK 66k
CashDKK 196k–
Short-term debtDKK 39k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Forvis Mazars.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
24 Nov 2023 – 31 Dec 2024171

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
CEOBenjamin Toby Patrick HaycraftCurrent
CEOJeroen Jacobus Maria van ErvenCurrent
CEOSanjay Kumar Shrestha
Owner (100%)Plug Project Holding Co. LLCCurrent
AuditorForvis Mazars Statsautoriseret Revisionspartnerselskab
FounderPlug Project Holding Co. LLCCurrent

Address history (1 moves)

c/o DLA Piper Denmark, Oslo Plads 2, 2100 København Ø
c/o DLA Piper Denmark, Oslo Plads 2, 2100 København Ø

Other companies at the same address

Similar companies in København

Questions and answers about Plug Power Project 2 Denmark ApS

Has Plug Power Project 2 Denmark ApS gone bankrupt?

No, Plug Power Project 2 Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Plug Power Project 2 Denmark ApS?

Our model estimates a bankruptcy risk of 1.3% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Plug Power Project 2 Denmark ApS?

Benjamin Toby Patrick Haycraft, Jeroen Jacobus Maria van Erven are the CEOs of Plug Power Project 2 Denmark ApS.

Who is the auditor of Plug Power Project 2 Denmark ApS?

Plug Power Project 2 Denmark ApS most recently used Forvis Mazars.

When was Plug Power Project 2 Denmark ApS founded?

Plug Power Project 2 Denmark ApS was founded on 24 November 2023.

What is the equity of Plug Power Project 2 Denmark ApS?

Equity was DKK -75k 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.