ESAB ApS

CVR 10244714 · Private limited company (ApS) · Active · Low risk

ESAB ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. 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, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 11.3m and a net result of DKK 3.8m. CEO: Per Mikael Mimer.

Bankruptcy risk for ESAB ApS

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

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
10244714
Status
Active
Company type
Private limited company (ApS)
Founded
(93 years)
Address
C.F. Tietgens Vej 7B
6000 Kolding
Municipality
Kolding
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 3.0m
Employees
7 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late10 of 31
Missing annual reportNo
Negative equityNo
Equity ratio42.2%
Current ratio179%
Moves (last 2 years)0
CEO changes in total8
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 111.4mDKK 128.8mDKK 170.6m
Gross profitDKK 13.7mDKK 13.6mDKK 19.9m
Net profitDKK 3.8mDKK 4.9mDKK 10.2m
EquityDKK 11.3mDKK 13.5mDKK 36.7m
Total assetsDKK 26.8mDKK 26.1mDKK 54.9m
CashDKK 1.8mDKK 1.9m–
Short-term debtDKK 15.0mDKK 12.1m–
Tax owedDKK 424kDKK 1.3m–
Avg. employees88–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019281 Late
1 Jan 2018 – 31 Dec 2018189 Late
1 Jan 2017 – 31 Dec 2017183
1 Jan 2016 – 31 Dec 2016193 Late
1 Jan 2015 – 31 Dec 2015168
1 Jan 2014 – 31 Dec 2014168
1 Jan 2013 – 31 Dec 2013169
1 Jan 2012 – 31 Dec 2012192 Late
1 Jan 2011 – 31 Dec 2011184 Late
1 Jan 2010 – 31 Dec 2010159
1 Jan 2009 – 31 Dec 2009123
1 Jan 2008 – 31 Dec 200857
1 Jan 2007 – 31 Dec 200787
1 Jan 2006 – 31 Dec 2006135

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
CEOPer Mikael MimerCurrent
CEOOve Kjær-Rasmussen
CEOJens Bossen
CEORonald Ingmar Gustafsson
CEOBjørn Viggo Johansen
BoardChristopher Edwin MansellCurrent
BoardCurtis Evan JewellCurrent
BoardPer Mikael MimerCurrent
BoardMark Benjamin KurishCurrent
BoardAxel Kierkegaard
BoardJohan Peter Engell
BoardOtto Alexander Münter Lassen
BoardSteen Petersen
BoardSteen Petersen
BoardPeter Stanislaus Mikolajek
BoardVibeke Amry Baun
BoardKaren Margrethe Grimstad
BoardSonny Hans Whittard Dalberg
BoardSonny Hans Whittard Dalberg
BoardJens Bille
BoardJens Bille
BoardBjarne Neumann Larsen
BoardWilly Rasmussen
BoardClaus Verner Larsen
BoardBo Svante Sandkvist
BoardKjell Erland Johansson
BoardBengt Vilhelm Eskilsson
BoardLars-Erik Andersson
BoardLars Brodd
BoardLars Erik Westerberg
BoardLars Erik Anders Backman
BoardGöran Björn Valther Palmqvist
BoardBengt Egon Paul Karlsson
BoardJens Bossen
BoardMart Toomas Tiismann
BoardRonald Ingmar Gustafsson
BoardFrits Hougaard Pedersen
BoardFrits Hougaard Pedersen
BoardLars Frank
BoardPer Dan Nielsen
BoardAnders Reinhold Ivar Eck
BoardBjørn Viggo Johansen
BoardAlbert Søndergaard Andersen
BoardVeli Pekka Juhani Vartiainen
BoardJan A Iversen
BoardFrits Hougaard Pedersen
BoardMichael Bjarne Rotheisen
BoardJohn Ernest King
BoardPeter Gerald Dodd
BoardHanne Birgit Jensen
BoardHanne Birgit Jensen
BoardRein Johan Nuudi
BoardBjørn Viggo Johansen
BoardFrits Hougaard Pedersen
BoardMichael Bjarne Rotheisen
BoardGerard Donald
BoardSten Johan Magnus Wallin
BoardJan Nordlander
BoardJonathan Brent Bohmrich
BoardScott Charles Brannan
BoardMark Paul Lehman
BoardDaniel Alexis Pryor
BoardKevin Joseph Johnson
BoardSten Anders Bengtsson
Owner (100%)Exelvia International Holdings BVCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorOle Kofoed
AuditorCJ Partnership I/S
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Danmark A/S
AuditorERNST & YOUNG DENMARK P/S

The CEOs' other companies

Ove Kjær-Rasmussen – 5 other companies

Jens Bossen – 8 other companies

Ronald Ingmar Gustafsson – 1 other companies

Address history (4 moves)

C.F. Tietgens Vej 7B, 6000 Kolding
C.F. Tietgens Vej 7B, 6000 Kolding
Nordager 22, 6000 Kolding
Hørkær 9, 2730 Herlev
Trekronergade 92, 2500 Valby

Former names

ESAB ApS – now
A/S ESAB –

Employees per year

Number of employees at ESAB ApS per year6122011: 1220112012: 1220122013: 1120132014: 1020142015: 1020152016: 920162017: 920172018: 72018

Other companies at the same address

Similar companies in Kolding

Questions and answers about ESAB ApS

Has ESAB ApS gone bankrupt?

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

What is the bankruptcy risk of ESAB ApS?

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 ESAB ApS?

Per Mikael Mimer is the CEO of ESAB ApS.

Who is the auditor of ESAB ApS?

ESAB ApS most recently used EY Godkendt Revisionspartnerselskab.

When was ESAB ApS founded?

ESAB ApS was founded on 26 June 1933.

What is the equity of ESAB ApS?

Equity was DKK 11.3m 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.