Propreco Property Development ApS

CVR 44549395 · Private limited company (ApS) · Active · Very high risk

Propreco Property Development ApS is a Private limited company (ApS), founded on , based in Charlottenlund. The company is registered in the industry administrations- og kontorserviceaktiviteter. Our model estimates a bankruptcy risk of 21.6% over the next 12 months, which is 15.3 times the average for Danish companies. 2 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -11.7m and a net result of DKK -6.5m. CEO: David Ernst-Sunne, Rasmus Christian Gitz Meyhoff.

Bankruptcy risk for Propreco Property Development ApS

21.6%
probability of bankruptcy within 12 months
Very high risk

15.3 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
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×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · 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×
Registered owners3 · bankruptcy rate 6.2%0.71×

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
44549395
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Rådhusvej 13
2920 Charlottenlund
Municipality
Gentofte
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 40k
Auditor
Baagøe | Schou, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-210.3%
Current ratio347%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies9
Other companies at the address45
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -1.8mDKK -2.6m
Net profitDKK -6.5mDKK -5.2m
EquityDKK -11.7mDKK -5.1m
Total assetsDKK 5.5mDKK 3.6m
CashDKK 257kDKK 19k
Short-term debtDKK 1.6mDKK 1.4m
Avg. employees22

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Baagøe | Schou, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025218 Late
8 Jan 2024 – 31 Dec 2024199 Late

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
CEODavid Ernst-SunneCurrent
CEORasmus Christian Gitz MeyhoffCurrent
Owner (50%)PROPRECO A/SCurrent
Owner (25%)Wibrandt ApSCurrent
Owner (10%)Propreco Associates ApSCurrent
AuditorBAAGØE SCHOU STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderPROPRECO A/SCurrent

The CEOs' other companies

David Ernst-Sunne – 42 other companies, of which 14 bankrupt

Rasmus Christian Gitz Meyhoff – 7 other companies, of which 2 bankrupt

Address history (0 moves)

Rådhusvej 13, 2920 Charlottenlund

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Propreco Property Development ApS

Has Propreco Property Development ApS gone bankrupt?

No, Propreco Property Development ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Propreco Property Development ApS?

Our model estimates a bankruptcy risk of 21.6% over the next 12 months (very high risk), which is 15.3 times the average for Danish companies.

Who is the CEO of Propreco Property Development ApS?

David Ernst-Sunne, Rasmus Christian Gitz Meyhoff are the CEOs of Propreco Property Development ApS.

Who is the auditor of Propreco Property Development ApS?

Propreco Property Development ApS most recently used Baagøe | Schou, statsautoriseret revisionsaktieselskab.

When was Propreco Property Development ApS founded?

Propreco Property Development ApS was founded on 8 January 2024.

What is the equity of Propreco Property Development ApS?

Equity was DKK -11.7m 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.