PG DEVELOPMENT ApS
Core data
Name | PG DEVELOPMENT ApS |
Address | Skibhusvej 52A st, 5000, Odense C |
Founded | Apr 28, 2004 |
Avg. employees | 0 |
Locations (P-units) | 1View locations |
Branch | Ikke-finansielle holdingselskaber (642120) |
Name | PG DEVELOPMENT ApS |
Address | Skibhusvej 52A st, 5000, Odense C |
Founded | Apr 28, 2004 |
Avg. employees | 0 |
Locations (P-units) | 1View locations |
Branch | Ikke-finansielle holdingselskaber (642120) |
Keep track of PG DEVELOPMENT ApS
Description
PG Development is a diversified holding company with a portfolio of investments spanning several industries. The strategic approach centers around acquiring and nurturing smaller, high-potential businesses while maintaining a significant stake in the flagship company, Autorola Group Holding A/S. This dual focus allows PG Development to balance steady income from established entities with growth opportunities from emerging enterprises. The major investment, Autorola Group Holding A/S, continues to be the cornerstone of the portfolio, contributingsignificantly to revenue and profitability. Over the past fiscal year, Autorola Group Holding A/S achieved substantial growth, driven by strategic expansions and innovative product offerings. Autorola Group delivers vehicle auction IT systems, vehicle fleet management IT systems and IT systems for market insights to the automobile business. The IT systems are mainly developed at Autorola headquarters in Denmark and sold and implemented through Autorola subsidiaries. Please refer to our homepage http://www.autorolagroup.com/ for a description of main product lines. Vehicle auction system The vehicle auction system offers a process for describing a vehicle and register it to an auction. The vehicle is then published to an international set of buyers and sold in an auction process. Autorola invoices buyer and seller a transaction fee for the sold car. The vehicle auction system offers the buyer and seller facilities to follow the sales process real time. Vehicle fleet management system The vehicle fleet management system offers fleet owners to handle the process from reception of the vehicle to final disposal. Vehicles on the fleet management system can easily be registered on auction. Market insights By investigating online market data Autorola can derive insights on market days’ supply, prices and trends.Investments in associates BSS - Bionic System Solutions - AI driven solutions to tackle complex challenges across diverse industries. We innovate within wastewater treatment, machinery optimizations and acoustic drone defense. Blue Atlas Robotics (BAR) develops autonomous underwater inspection robots, notably the Sentinus ROV. BAR is recognized for its smart, self-operating underwater robots that generate 3D models and digital insights for infrastructure inspection. Other investments Nexcom is a technology partner specializing in AI-driven customer service platforms. Nexcom has introduced solutions such as CX-G, VIBE voice bots, and AI-powered support tools. These technologies are being explored for deployment in areas like customer support triage, voice search, and automated summaries, with several use cases already identified for implementation. KlimaID is a 360º digitalization solution for the utility industry. KlimaID provides analyses and data visualization tothe utility companies based on the consumption patterns of private households. We cover household operations including: Water, electricity, heating, weather, housing conditions and other consumption effects. Sternula is a Danish satellite operator pioneering maritime connectivity via AIS 2.0/VDES technology. The company aims to become the world’s largest maritime telecom network by user base, offering enhanced safety, cost-efficiency, and environmental benefits for global shipping.
Financials
| Reporting period | 2025DKK | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross profit | 589,000 | ||||||||
| Profit before tax | -95,877,000 | ||||||||
| Net income | -95,877,000 | ||||||||
| Total assets | 464,009,000 | ||||||||
| Equity | 442,667,000 | ||||||||
| Avg. employees | 0 | ||||||||
2017–2025 Unlock financial history | |||||||||
Datapublica Risk Score
What goes into the assessment
Financials
Equity ratio, profitability, and liquidity
Accounts and history
Late filings and previous financial distress
Owners and management
Past bankruptcies and owners’ other companies
Company and connections
Age, industry, and shared addresses or contact details
Standard: Score and risk bandPro: Also a detailed explanation of the factors
Contact
No contact details have been registered for this company.
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People
| Person | Roles | Titles |
|---|---|---|
| Peter Grøftehauge | Roles ManagementEJERREGISTER | TitlesDIREKTØR |
Auditor
| Audit firm | Auditor | Role | From |
|---|---|---|---|
| Deloitte Statsautoriseret Revisionspartnerselskab | AuditorPer Krause Therkelsen | RoleState Authorised Public Accountant | FromJun 26, 2026 |
| Deloitte Statsautoriseret Revisionspartnerselskab | AuditorAllan Dydensborg Madsen | RoleState Authorised Public Accountant | FromJun 26, 2026 |
Legal owners
| Owner | Ownership | Voting rights | From |
|---|---|---|---|
| Ownership100 % | Voting rights100 % | FromApr 28, 2004 |
Child companies
| Company | Ownership | Voting rights | From |
|---|---|---|---|
| Ownership100 % | Voting rights100 % | FromDec 12, 2023 | |
| Ownership100 % | Voting rights100 % | FromNov 21, 2023 | |
| Ownership66.67–89.99 % | Voting rights66.67 % | FromJan 22, 2025 | |
| Ownership33.33–49.99 % | Voting rights33.33 % | FromJul 29, 2025 | |
| Ownership25–33.32 % | Voting rights25 % | FromSep 1, 2024 | |
| Ownership15–19.99 % | Voting rights15 % | FromMay 17, 2024 | |
| Ownership10–14.99 % | Voting rights10 % | FromMay 31, 2021 | |
| Ownership5–9.99 % | Voting rights5 % | FromSep 12, 2022 | |
| Ownership5–9.99 % | Voting rights5 % | FromJan 9, 2026 |
Ultimate owners
| Name | Ownership through | Calculated ownership |
|---|---|---|
| Peter Grøftehauge | Ownership through Direct | 100 % |
Indirectly owned companies
| Name | Ownership through | Calculated ownership |
|---|---|---|
| AUTOBUDGET EUROPE A/S | Ownership through | 100 % |
| Autorola Group A/S | Ownership through | 100 % |
| AUTOROLA GROUP HOLDING A/S | Ownership through | 100 % |