DANOIL EXPLORATION A/S

CVR 10608147 · Public limited company (A/S) · Active · Low risk

DANOIL EXPLORATION A/S is a Public limited company (A/S), founded on , based in Viby J. The company is registered in the industry indvinding af råolie. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 435.6m and a net result of DKK -16.8m.

Bankruptcy risk for DANOIL EXPLORATION 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
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×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
10608147
Status
Active
Company type
Public limited company (A/S)
Founded
(39 years)
Address
Åhave Parkvej 11
8260 Viby J
Municipality
Aarhus
Industry
Indvinding af råolie (061000)
Bankruptcies in the industry: Indvinding af råolie
Share capital
DKK 1.5m
Employees
4 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio90.6%
Current ratio2,133%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.3mDKK 14.9m
Net profitDKK -16.8mDKK 233.5m
EquityDKK 435.6mDKK 452.3m
Total assetsDKK 480.5mDKK 485.4m
CashDKK 0–
Short-term debtDKK 7.9m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025126
1 Jan 2024 – 31 Dec 2024126
1 Jan 2023 – 31 Dec 2023101
1 Jan 2022 – 31 Dec 2022103
1 Jan 2021 – 31 Dec 202191
1 Jan 2020 – 31 Dec 2020118
1 Jan 2019 – 31 Dec 2019125
1 Jan 2018 – 31 Dec 2018102
1 Jan 2017 – 31 Dec 2017122
1 Jan 2016 – 31 Dec 2016117
1 Jan 2015 – 31 Dec 2015102
1 Jan 2014 – 31 Dec 2014117
1 Jan 2013 – 31 Dec 2013101
1 Jan 2012 – 31 Dec 2012101
1 Jan 2011 – 31 Dec 2011122
1 Jan 2010 – 31 Dec 2010155
1 Jan 2009 – 31 Dec 2009151
1 Jan 2008 – 31 Dec 2008235 Late
1 Jan 2007 – 31 Dec 2007162
1 Jan 2006 – 31 Dec 2006155

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
CEOPalle Holst
CEOMogens Poulsen
CEOSvend Aage Lykkemark Christensen
BoardMichael Lindhart LøveCurrent
BoardMichael Lamberth SandbjergCurrent
BoardMorten Mosegaard ChristensenCurrent
BoardPoul Gunner Hviid
BoardPalle Holst
BoardFinn Krogslund Jensen
BoardSøren Kristian Timm
BoardSvend Aage Lykkemark Christensen
BoardSøren Kristian Timm
BoardSvend Aage Lykkemark Christensen
BoardJesper Nybo Stenager
BoardMogens Poulsen
BoardNiels John Pedersen
BoardJørgen Ellegaard Muusmann
BoardJørgen Dencker Wisborg
BoardJørgen Peter Christiansen
BoardFlemming Møller Rasmussen
BoardErik Larsen
BoardTorben Bruno Pedersen
BoardNiels Ole Ladekær Christensen
BoardErik Larsen
BoardThor Skov Jørgensen
BoardJørgen Dencker Wisborg
BoardMorten Mosegaard Christensen
Owner (100%)OK A.M.B.A.Current
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorKPMG DANMARK A/S
AuditorK P M G C JESPERSEN ÅRHUS I/S
FounderPoul Gunner HviidCurrent
FounderPalle HolstCurrent

The CEOs' other companies

Palle Holst – 5 other companies

Mogens Poulsen – 18 other companies, of which 1 bankrupt

Svend Aage Lykkemark Christensen – 7 other companies

Address history (1 moves)

Åhave Parkvej 11, 8260 Viby J
Åhave Parkvej 5, 8260 Viby J

Employees per year

Number of employees at DANOIL EXPLORATION A/S per year242011: 320112012: 220122013: 220132014: 420142015: 420152016: 420162017: 320172018: 42018

Other companies at the same address

Questions and answers about DANOIL EXPLORATION A/S

Has DANOIL EXPLORATION A/S gone bankrupt?

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

What is the bankruptcy risk of DANOIL EXPLORATION 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 auditor of DANOIL EXPLORATION A/S?

DANOIL EXPLORATION A/S most recently used EY Godkendt Revisionspartnerselskab.

When was DANOIL EXPLORATION A/S founded?

DANOIL EXPLORATION A/S was founded on 20 January 1987.

What is the equity of DANOIL EXPLORATION A/S?

Equity was DKK 435.6m 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.