PP Cargo ApS

CVR 45088790 · Private limited company (ApS) · Active · Medium risk

PP Cargo ApS is a Private limited company (ApS), founded on , based in Viby J. The company is registered in the industry vejgodstransport. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 551k and a net result of DKK 410k. CEO: Jamal El Masri.

Bankruptcy risk for PP Cargo ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
45088790
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Søndervangen 25, st. tv
8260 Viby J
Municipality
Aarhus
Industry
Vejgodstransport (494100)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 50k
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio53.7%
Current ratio210%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.7mDKK -19k
Net profitDKK 410kDKK -19k
EquityDKK 551kDKK 141k
Total assetsDKK 1.0mDKK 141k
CashDKK 95k–
Short-term debtDKK 476k–
Avg. employees4–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
25 Jun 2024 – 31 Dec 202486

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
CEOJamal El MasriCurrent
Owner (100%)Progressio Partners ApSCurrent
FounderProgressio Partners ApSCurrent

The CEOs' other companies

Jamal El Masri – 2 other companies

Address history (1 moves)

Søndervangen 25, st. tv, 8260 Viby J
Søndervangen 25, st. th, 8260 Viby J

Other companies at the same address

Similar companies in Aarhus

Questions and answers about PP Cargo ApS

Has PP Cargo ApS gone bankrupt?

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

What is the bankruptcy risk of PP Cargo ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of PP Cargo ApS?

Jamal El Masri is the CEO of PP Cargo ApS.

Who is the auditor of PP Cargo ApS?

PP Cargo ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was PP Cargo ApS founded?

PP Cargo ApS was founded on 25 June 2024.

What is the equity of PP Cargo ApS?

Equity was DKK 551k 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.