PiaW Holding ApS

CVR 45412644 · Private limited company (ApS) · Active · Low risk

PiaW Holding ApS is a Private limited company (ApS), founded on , based in Viby J. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK -49k and a net result of DKK -89k. CEO: Pia Westergaard.

Bankruptcy risk for PiaW Holding ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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
45412644
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Ormslevvej 229C
8260 Viby J
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Revision 2 A/S
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityYes
Equity ratio-3.2%
Current ratio2%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -13k
Net profitDKK -89k
EquityDKK -49k
Total assetsDKK 1.5m
CashDKK 12k
Short-term debtDKK 615k
Avg. employees0

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision 2 A/S.

Filed annual reports

Reporting periodPublishedDays after period end
18 Feb 2025 – 31 Dec 202548

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 WestergaardCurrent
Owner (100%)Pia WestergaardCurrent
FounderPia WestergaardCurrent

The CEOs' other companies

Pia Westergaard – 1 other companies

Address history (1 moves)

Ormslevvej 229C, 8260 Viby J
Ormslevvej 229C, 8260 Viby J

Other companies at the same address

Similar companies in Aarhus

Questions and answers about PiaW Holding ApS

Has PiaW Holding ApS gone bankrupt?

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

What is the bankruptcy risk of PiaW Holding ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of PiaW Holding ApS?

Pia Westergaard is the CEO of PiaW Holding ApS.

Who is the auditor of PiaW Holding ApS?

PiaW Holding ApS most recently used Revision 2 A/S.

When was PiaW Holding ApS founded?

PiaW Holding ApS was founded on 18 February 2025.

What is the equity of PiaW Holding ApS?

Equity was DKK -49k 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.