Puzzel Bidco Denmark ApS

CVR 44969661 · Private limited company (ApS) · Active · Low risk

Puzzel Bidco Denmark ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 1 annual report has been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 144.7m and a net result of DKK -30.6m. CEO: Stephen John Grist.

Bankruptcy risk for Puzzel Bidco Denmark ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
44969661
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o Puzzel A/S, Vestergade 18E, 3.
1456 København K
Municipality
København
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 1
Missing annual reportNo
Negative equityNo
Equity ratio62.3%
Current ratio6%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address63
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -6.6m
Net profitDKK -30.6m
EquityDKK 144.7m
Total assetsDKK 232.2m
CashDKK 19k
Short-term debtDKK 87.5m
Tax owedDKK 205k
Avg. employees2

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
17 Jul 2024 – 31 Dec 2025191 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
CEOStephen John GristCurrent
Owner (100%)Puzzel ASCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorKPMG P/S
FounderPuzzel ASCurrent

Address history (2 moves)

c/o Puzzel A/S, Vestergade 18E, 3., 1456 København K
Vesterbrogade 35, st. 3, 1620 København V
H.J. Holst Vej 5, 2605 Brøndby

Other companies at the same address

Similar companies in København

Questions and answers about Puzzel Bidco Denmark ApS

Has Puzzel Bidco Denmark ApS gone bankrupt?

No, Puzzel Bidco Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Puzzel Bidco Denmark ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Puzzel Bidco Denmark ApS?

Stephen John Grist is the CEO of Puzzel Bidco Denmark ApS.

Who is the auditor of Puzzel Bidco Denmark ApS?

Puzzel Bidco Denmark ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Puzzel Bidco Denmark ApS founded?

Puzzel Bidco Denmark ApS was founded on 17 July 2024.

What is the equity of Puzzel Bidco Denmark ApS?

Equity was DKK 144.7m 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.