ARECO PROFILES A/S

CVR 10778638 · Public limited company (A/S) · Active · Low risk

ARECO PROFILES A/S is a Public limited company (A/S), founded on , based in Terndrup. The company is registered in the industry fremstilling af råjern og råstål samt jernlegeringer. 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 4 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 64.4m and a net result of DKK 7.8m. CEO: Mats Alexander Persson.

Bankruptcy risk for ARECO PROFILES A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
Reporting classReporting class C, mellemstor virksomhed · 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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×

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
10778638
Status
Active
Company type
Public limited company (A/S)
Founded
(39 years)
Address
Industriparken 22
9575 Terndrup
Municipality
Rebild
Industry
Fremstilling af råjern og råstål samt jernlegeringer (241000)
Bankruptcies in the industry: Fremstilling af rør og hule profiler og tilhørende fittings af stål
Share capital
DKK 500k
Employees
28 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 30
Missing annual reportNo
Negative equityNo
Equity ratio37.9%
Current ratio219%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 59.5mDKK 19.9m
Net profitDKK 7.8mDKK -434k
EquityDKK 64.4mDKK 56.6m
Total assetsDKK 170.0mDKK 152.9m
CashDKK 187k–
Short-term debtDKK 39.3m–
Tax owedDKK 3.3m–
Avg. employees51–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025184 Late
1 May 2023 – 30 Apr 2024184 Late
1 May 2022 – 30 Apr 2023186 Late
1 May 2021 – 30 Apr 2022199 Late
1 May 2020 – 30 Apr 202159
1 May 2019 – 30 Apr 202061
1 May 2018 – 30 Apr 201965
1 May 2017 – 30 Apr 201870
1 May 2016 – 30 Apr 201767
1 May 2015 – 30 Apr 2016165
1 Jan 2014 – 30 Apr 2015167
1 Jan 2013 – 31 Dec 2013164
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011164
1 Jan 2010 – 31 Dec 2010155
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008117
1 Oct 2006 – 30 Sep 200766
1 Oct 2005 – 30 Sep 2006151
1 Oct 2004 – 30 Sep 2005152

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
CEOMats Alexander PerssonCurrent
CEOPreben Bang Henriksen
CEOKarl Molin
CEOChristian Bjørn Zeuthen Bruun
CEOLars Pontus Holgersson
BoardAnna Victoria AreskogCurrent
BoardErik Peter AreskogCurrent
BoardMaid KulasinCurrent
BoardJohnny Molin
BoardBirgit Molin
BoardKarl Molin
BoardJohn Erik Nielsen
BoardHanne Molin
BoardMads Kristoffer Storgaard Mehlsen
BoardAnna Victoria Areskog
BoardErik Peter Areskog
BoardLars Pontus Holgersson
Owner (100%)Areco Steel ABCurrent
Owner (33%)J. MOLIN HOLDING ApS
Owner (50%)Areco Steel AB
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorStatsaut. revisor Hugo R. Håka nsson
AuditorKpmg C Jespersen
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKpmg C Jespersen
AuditorEY Godkendt Revisionspartnerselskab
AuditorR&P I/S
FounderPreben Bang HenriksenCurrent

The CEOs' other companies

Preben Bang Henriksen – 46 other companies, of which 46 bankrupt

Karl Molin – 14 other companies, of which 3 bankrupt

Christian Bjørn Zeuthen Bruun – 3 other companies, of which 1 bankrupt

Address history (2 moves)

Industriparken 22, 9575 Terndrup
Industriparken 22, 9575 Terndrup
Industriparken 2, 9575 Terndrup

Former names

ARECO PROFILES A/S – now
DANSK PROFILTEKNIK A/S –
ASX 11563 ApS –

Employees per year

Number of employees at ARECO PROFILES A/S per year18352011: 3520112012: 3520122013: 3220132014: 3420142015: 3420152016: 2420162017: 2920172018: 282018

Other companies at the same address

Questions and answers about ARECO PROFILES A/S

Has ARECO PROFILES A/S gone bankrupt?

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

What is the bankruptcy risk of ARECO PROFILES 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 ARECO PROFILES A/S?

Mats Alexander Persson is the CEO of ARECO PROFILES A/S.

Who is the auditor of ARECO PROFILES A/S?

ARECO PROFILES A/S most recently used EY Godkendt Revisionspartnerselskab.

When was ARECO PROFILES A/S founded?

ARECO PROFILES A/S was founded on 1 April 1987.

What is the equity of ARECO PROFILES A/S?

Equity was DKK 64.4m according to the annual report for the period ending 30 April 2025.

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