Puzzle Partner ApS

CVR 45002578 · Private limited company (ApS) · Active · Medium risk

Puzzle Partner ApS is a Private limited company (ApS), founded on , based in Skjern. The company is registered in the industry fremstilling af spil og legetøj. Our model estimates a bankruptcy risk of 1.4% 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 1.1m and a net result of DKK 995k. CEO: Steven Pedersen Feraru.

Bankruptcy risk for Puzzle Partner ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · 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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
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
45002578
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o Cold Case Zero, Gl. Ringkøbingvej 20
6900 Skjern
Municipality
Ringkøbing-Skjern
Industry
Fremstilling af spil og legetøj (324000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 44k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio55.9%
Current ratio198%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.4mDKK 38k
Net profitDKK 995kDKK 29k
EquityDKK 1.1mDKK 69k
Total assetsDKK 1.9mDKK 119k
CashDKK 852k–
Short-term debtDKK 839k–
Tax owedDKK 284k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202561
1 Aug 2024 – 31 Dec 2024129

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
CEOSteven Pedersen FeraruCurrent
Owner (33%)Steven Pedersen FeraruCurrent
Owner (50%)B Kloster Holding ApSCurrent
Owner (5%)Feraru Holding ApSCurrent
Owner (50%)Steven Pedersen Feraru
Owner (50%)B Kloster Holding ApS
Owner (10%)Mola LH Invest ApS
FounderSteven Pedersen FeraruCurrent
FounderB Kloster Holding ApSCurrent

The CEOs' other companies

Steven Pedersen Feraru – 4 other companies

Address history (2 moves)

c/o Cold Case Zero, Gl. Ringkøbingvej 20, 6900 Skjern
c/o Benjamin Voldsgaard Kloster, Englandsvej 1, 3. tv, 2300 København S
c/o Benjamin Voldsgaard Kloster, Danmarksgade 34, 6900 Skjern

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Puzzle Partner ApS

Has Puzzle Partner ApS gone bankrupt?

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

What is the bankruptcy risk of Puzzle Partner ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Puzzle Partner ApS?

Steven Pedersen Feraru is the CEO of Puzzle Partner ApS.

When was Puzzle Partner ApS founded?

Puzzle Partner ApS was founded on 1 August 2024.

What is the equity of Puzzle Partner ApS?

Equity was DKK 1.1m 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.