PA FINANS A/S

Q: Has PA FINANS A/S gone bankrupt?

No, PA FINANS A/S is not registered as bankrupt in the CVR register. Its status is: active.

Q: What is the bankruptcy risk of PA FINANS A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Q: Who is the CEO of PA FINANS A/S?

Finn Prang-Andersen is the CEO of PA FINANS A/S.

Q: Who is the auditor of PA FINANS A/S?

PA FINANS A/S most recently used Beierholm.

Q: When was PA FINANS A/S founded?

PA FINANS A/S was founded on 3 April 1985.

Q: What is the equity of PA FINANS A/S?

Equity was DKK -43k according to the annual report for the period ending 30 June 2025.

CVR 78221313 · Public limited company (A/S) · Active · Low risk

PA FINANS A/S is a Public limited company (A/S), founded on 3 April 1985, based in Kolind. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -43k and a net result of DKK -91k. CEO: Finn Prang-Andersen.

Bankruptcy risk for PA FINANS A/S

0.2%

probability of bankruptcy within 12 months

Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×

Negative equityYes · bankruptcy rate 17.5%2.0×

Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×

Return on assets< -20% · bankruptcy rate 16.7%1.9×

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Company typeA/S · bankruptcy rate 4.4%0.50×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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: 78221313
Status: Active
Company type: Public limited company (A/S)
Founded: 3 April 1985 (41 years)
Address: Dæmningen 12
8560 Kolind
Municipality: Syddjurs
Industry: Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital: DKK 510k
Auditor: Beierholm
Audit opted out: Yes

Warning signs

Annual reports filed late	3 of 30
Missing annual report	No
Negative equity	Yes
Equity ratio	-186.6%
Current ratio	16%
Moves (last 2 years)	0
CEO changes in total	0
CEO's previous bankruptcies	1
Other companies at the address	1
Going-concern uncertainty	Yes

Financials and key figures

Financial year	2025	2024
Gross profit	DKK 31k	DKK 27k
Net profit	DKK -91k	DKK 4,896
Equity	DKK -43k	DKK 49k
Total assets	DKK 23k	DKK 71k
Cash	DKK 9,330	–
Short-term debt	DKK 65k	–
Tax owed	DKK 928	–
Avg. employees	1	–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting period	Published	Days after period end
1 Jul 2024 – 30 Jun 2025	15 Dec 2025	168
1 Jul 2023 – 30 Jun 2024	29 Oct 2024	121
1 Jul 2022 – 30 Jun 2023	28 Oct 2023	120
1 Jul 2021 – 30 Jun 2022	20 Oct 2022	112
1 Jul 2020 – 30 Jun 2021	30 Nov 2021	153
1 Jul 2019 – 30 Jun 2020	21 Nov 2020	144
1 Jul 2018 – 30 Jun 2019	9 Dec 2019	162
1 Jul 2017 – 30 Jun 2018	3 Dec 2018	156
1 Jul 2016 – 30 Jun 2017	11 Dec 2017	164
1 Jul 2015 – 30 Jun 2016	15 Dec 2016	168
1 Jul 2014 – 30 Jun 2015	15 Dec 2015	168
1 Jul 2013 – 30 Jun 2014	4 Dec 2014	157
1 Jul 2012 – 30 Jun 2013	14 Dec 2013	167
1 Jul 2011 – 30 Jun 2012	11 Dec 2012	164
1 Jul 2010 – 30 Jun 2011	11 Dec 2011	164
1 Jul 2009 – 30 Jun 2010	13 Dec 2010	166
1 Jul 2008 – 30 Jun 2009	3 Dec 2009	156
1 Jul 2007 – 30 Jun 2008	27 Nov 2008	150
1 Jul 2006 – 30 Jun 2007	5 Jan 2008	189	Late
1 Jul 2005 – 30 Jun 2006	28 Nov 2006	151

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

Role	Name	From	To
CEO	Finn Prang-Andersen	3 Apr 1985	Current
Board	Jens Legarth Høgh Prang-Andersen	14 Nov 2001	Current
Board	Sinnemarie Legarth Høgh Prang-Andersen	14 Nov 2001	Current
Board	Finn Prang-Andersen	24 Jul 2019	Current
Board	Finn Prang-Andersen	3 Apr 1985	10 Apr 1991
Board	Jens Erik Mehlsen	3 Apr 1985	10 Apr 1991
Board	Christian Nielsen Strunge	3 Apr 1985	10 Apr 1991
Board	Lise Legarth Høgh Prang-Andersen	14 Nov 2001	24 Jul 2019
Owner (100%)	Finn Prang-Andersen	1 Dec 2005	Current
Owner (33%)	Lise Legarth Høgh Prang-Andersen	1 Dec 2005	16 Jul 2019
Auditor	BSH INVEST AF 1/5 2004 GRENAA A/S	3 Apr 1985	17 Jan 2005
Auditor	Kvist & Jensen SR, Grenå A/S	17 Jan 2005	22 Nov 2005
Auditor	BEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB	22 Nov 2005	1 Oct 2010
Auditor	Beierholm Godkendt Revisionspartnerselskab	1 Oct 2010	7 Dec 2017

The CEOs' other companies

Finn Prang-Andersen – 26 other companies, of which 4 bankrupt

CARDSAFE HOLDING A/S Bankrupt 6 May 2014
CUSTOMIZE-IT ApS Bankrupt 20 Oct 2009
TB VÆRKTØJ OG MASKINFABRIK A/S Bankrupt 16 Mar 2005
TROUETECH A/S Bankrupt 16 Mar 2005
ACCIP BIOTECH A/S Compulsorily dissolved
AKTIESELSKABET AF 1. FEBRUAR 2013 Opløst
BELL MILJØ A/S Opløst
CARDSAFE SYSTEM A/S Compulsorily dissolved
DANSK RADIO REKLAME ApS Active
DEVELCO A/S Active
FFC MEDIA ApS Opløst
HB Aabenraa A/S Active
HM 2021 A/S Active
HORUP BOLIG LAVGADE A/S Opløst
HORUP BOLIG STYRTOM A/S Active
HORUP BYG A/S Active
HORUP HOLDING ApS Active
LØVGREEN INVEST A/S Active
MERCK DANMARK A/S Fusioneret
OUR MEDIA ApS Opløst
POGNÆS AGRO ApS Fusioneret
PYROLUX PRODUCTION A/S Fusioneret
SCANPAN A/S Active
SILKEBORG RADIO BROADCAST A/S Opløst
VIDEOMETER A/S Active
WHETSTONE TECHNOLOGIES A/S Fusioneret

Address history (1 moves)

1 Jan 2007	Dæmningen 12, 8560 Kolind
3 Apr 1985	Dæmningen 12, 8560 Kolind

Former names

PA FINANS A/S	7 Jan 2015 – now
POGNÆS INVEST A/S	14 Nov 2001 – 6 Jan 2015
POGNÆS INVEST ApS	11 Apr 1991 – 13 Nov 2001
KOLINDSUND KRAFTVARMEVÆRK ApS	3 Apr 1985 – 10 Apr 1991

Other companies at the same address

POGNÆS AGRO ApS Fusioneret

Similar companies in Syddjurs

Questions and answers about PA FINANS A/S

Has PA FINANS A/S gone bankrupt?

No, PA FINANS A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of PA FINANS A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of PA FINANS A/S?

Finn Prang-Andersen is the CEO of PA FINANS A/S.

Who is the auditor of PA FINANS A/S?

PA FINANS A/S most recently used Beierholm.

When was PA FINANS A/S founded?

PA FINANS A/S was founded on 3 April 1985.

What is the equity of PA FINANS A/S?

Equity was DKK -43k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.