Piapio II ApS

CVR 44498693 · Private limited company (ApS) · Active · Medium risk

Piapio II ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 1.8% over the next 12 months, which is 1.3 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -1.2m and a net result of DKK -1.1m. CEO: Pia Tangov Davids.

Bankruptcy risk for Piapio II ApS

1.8%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 81% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Registered owners4+ · bankruptcy rate 5.7%0.65×
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
44498693
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Bernhardt Jensens Boulevard 77, 11.
8000 Aarhus C
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-56.0%
Current ratio152%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address13
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -8,174DKK -42k
Net profitDKK -1.1mDKK -131k
EquityDKK -1.2mDKK -91k
Total assetsDKK 2.1mDKK 3.1m
CashDKK 11k–
Short-term debtDKK 7,500–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025172
8 Dec 2023 – 30 Jun 2024128

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
CEOPia Tangov DavidsCurrent
Owner (25%)Piapio ApSCurrent
Owner (25%)CD Wednesday ApSCurrent
Owner (25%)DD Wednesday ApSCurrent
Owner (25%)ND Wednesday ApSCurrent
FounderPiapio ApSCurrent
FounderCD Wednesday ApSCurrent
FounderDD Wednesday ApSCurrent
FounderND Wednesday ApSCurrent

The CEOs' other companies

Pia Tangov Davids – 6 other companies, of which 3 bankrupt

Address history (1 moves)

Bernhardt Jensens Boulevard 77, 11., 8000 Aarhus C
Bernhardt Jensens Boulevard 77, 11., 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Piapio II ApS

Has Piapio II ApS gone bankrupt?

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

What is the bankruptcy risk of Piapio II ApS?

Our model estimates a bankruptcy risk of 1.8% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of Piapio II ApS?

Pia Tangov Davids is the CEO of Piapio II ApS.

Who is the auditor of Piapio II ApS?

Piapio II ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Piapio II ApS founded?

Piapio II ApS was founded on 8 December 2023.

What is the equity of Piapio II ApS?

Equity was DKK -1.2m 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.