METAL WORK DANMARK A/S

CVR 10168740 · Public limited company (A/S) · Active · Low risk

METAL WORK DANMARK A/S is a Public limited company (A/S), founded on , based in Greve. The company is registered in the industry engroshandel med værktøjsmaskiner. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 8.4m and a net result of DKK -904k. CEO: Thorstein Dam.

Bankruptcy risk for METAL WORK DANMARK A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · 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
10168740
Status
Active
Company type
Public limited company (A/S)
Founded
(40 years)
Address
Korskildelund 1
2670 Greve
Municipality
Greve
Industry
Engroshandel med værktøjsmaskiner (466200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.0m
Employees
20 (2018)
Auditor
MOVE 01.10.2026 ApS
Audit opted out
No

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio19.4%
Current ratio112%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 18.9mDKK 19.3mDKK 18.5m
Net profitDKK -904kDKK 412kDKK 58k
EquityDKK 8.4mDKK 9.3mDKK 9.2m
Total assetsDKK 43.2mDKK 31.1mDKK 31.1m
CashDKK 694kDKK 122k–
Short-term debtDKK 28.1mDKK 21.5m–
Avg. employees2020–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · ATTIRI.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024154
1 Jan 2023 – 31 Dec 2023135
1 Jan 2022 – 31 Dec 2022133
1 Jan 2021 – 31 Dec 2021163
1 Jan 2020 – 31 Dec 2020124
1 Jan 2019 – 31 Dec 2019148
1 Jan 2018 – 31 Dec 2018140
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016138
1 Jan 2015 – 31 Dec 2015132
1 Jan 2014 – 31 Dec 2014127
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012142
1 Jan 2011 – 31 Dec 2011127
1 Jan 2010 – 31 Dec 2010132
1 Jan 2009 – 31 Dec 2009133
1 Jan 2008 – 31 Dec 2008146
1 Jan 2007 – 31 Dec 2007146
1 Jan 2006 – 31 Dec 2006150

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
CEOThorstein DamCurrent
CEOSven Peter Dirchsen
CEODenny Nordblad
BoardDaniele MarconiCurrent
BoardThorstein DamCurrent
BoardValentino PellenghiCurrent
BoardIrene Wittrup
BoardSven Peter Dirchsen
BoardPiergiorgio Riccardo Palamidese
BoardDenny Nordblad
Owner (90%)Metal Work SpACurrent
Owner (90%)Metal Work S.p.A
Owner (15%)Daniele Marconi
Owner (15%)Valentino Pellenghi
Owner (15%)Gianpietro Gamba
Owner (15%)Guido Piccinelli
Owner (15%)Fausto Rodella
Owner (15%)Raffaella Sarro
Owner (100%)Metal Work SpA
AuditorMOVE 01.10.2026 ApSCurrent
AuditorPeter Henrik Mathiasen
AuditorTorsten Edvard Berg
AuditorCJ Partnership I/S
AuditorEY Danmark A/S
AuditorERNST & YOUNG DENMARK P/S
AuditorEY Godkendt Revisionspartnerselskab
FounderSven Peter DirchsenCurrent
FounderMETAL WORK S.P.ACurrent

The CEOs' other companies

Thorstein Dam – 1 other companies, of which 1 bankrupt

Sven Peter Dirchsen – 1 other companies

Address history (2 moves)

Korskildelund 1, 2670 Greve
Korskildelund 1, 2670 Greve
Metalgangen 9C, 2690 Karlslunde

Employees per year

Number of employees at METAL WORK DANMARK A/S per year10202011: 1320112012: 1220122013: 1720132014: 1720142015: 1820152016: 1820162017: 1920172018: 202018

Similar companies in Greve

Questions and answers about METAL WORK DANMARK A/S

Has METAL WORK DANMARK A/S gone bankrupt?

No, METAL WORK DANMARK A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of METAL WORK DANMARK A/S?

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

Who is the CEO of METAL WORK DANMARK A/S?

Thorstein Dam is the CEO of METAL WORK DANMARK A/S.

Who is the auditor of METAL WORK DANMARK A/S?

METAL WORK DANMARK A/S most recently used MOVE 01.10.2026 ApS.

When was METAL WORK DANMARK A/S founded?

METAL WORK DANMARK A/S was founded on 27 February 1986.

What is the equity of METAL WORK DANMARK A/S?

Equity was DKK 8.4m 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.