GARMIN NORDIC DENMARK A/S
CVR 11363881 · Public limited company (A/S) · Active · Low risk
GARMIN NORDIC DENMARK A/S is a Public limited company (A/S), founded on , based in Ballerup. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 229.8m and a net result of DKK 35.3m.
Bankruptcy risk for GARMIN NORDIC DENMARK A/S
0.0 × the average (1.41%) · higher risk than 0% of active Danish companies
Increases the risk
Reduces the risk
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
- 11363881
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (39 years)
- Address
- Pederstrupvej 82
2750 Ballerup - Municipality
- Ballerup
- Industry
- Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 2.0m
- Employees
- 71 (2018)
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 3 of 31 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 26.4% |
| Current ratio | 57% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 6 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 0 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | DKK 1.5bn | DKK 1.3bn | DKK 1.2bn |
| Gross profit | DKK 95.7m | DKK 91.3m | DKK 77.6m |
| Net profit | DKK 35.3m | DKK 33.2m | DKK 24.8m |
| Equity | DKK 229.8m | DKK 194.5m | DKK 161.4m |
| Total assets | DKK 872.0m | DKK 441.8m | DKK 452.1m |
| Cash | DKK 80.3m | DKK 99.8m | – |
| Short-term debt | DKK 642.2m | DKK 247.2m | – |
| Tax owed | DKK 6.3m | DKK 2.0m | – |
| Avg. employees | 70 | 75 | – |
Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Independent Auditor’s Report · EY Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 181 | ||
| 1 Jan 2024 – 31 Dec 2024 | 182 | ||
| 1 Jan 2023 – 31 Dec 2023 | 179 | ||
| 1 Jan 2022 – 31 Dec 2022 | 172 | ||
| 1 Jan 2021 – 31 Dec 2021 | 174 | ||
| 1 Jan 2020 – 31 Dec 2020 | 187 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 244 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 177 | ||
| 1 Jan 2017 – 31 Dec 2017 | 148 | ||
| 1 Jan 2016 – 31 Dec 2016 | 152 | ||
| 1 Jan 2015 – 31 Dec 2015 | 150 | ||
| 1 Jan 2014 – 31 Dec 2014 | 162 | ||
| 1 Jan 2013 – 31 Dec 2013 | 156 | ||
| 1 Jan 2012 – 31 Dec 2012 | 170 | ||
| 1 Jan 2011 – 31 Dec 2011 | 163 | ||
| 1 Jan 2010 – 31 Dec 2010 | 94 | ||
| 1 Jan 2009 – 31 Dec 2009 | 131 | ||
| 1 Sep 2007 – 31 Dec 2008 | 133 | ||
| 1 Sep 2006 – 31 Aug 2007 | 164 | ||
| 1 Sep 2005 – 31 Aug 2006 | 125 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Jens Buhl Jørgensen | ||
| CEO | Peter Friis | ||
| CEO | Bernhard Schick | ||
| CEO | Michael Daxer | ||
| CEO | Kenneth Aabenhus | ||
| Board | Sean Biddlecombe | Current | |
| Board | Jan-Åke Arenäs | Current | |
| Board | Jonathan Peter Joseph Wagstaff | Current | |
| Board | Jens Buhl Jørgensen | ||
| Board | Ib Hagbarth | ||
| Board | Bernhard Schick | ||
| Board | Derek Fawcett | ||
| Board | Michael Daxer | ||
| Board | Ian Godfrey | ||
| Board | Lars Bo Ive | ||
| Board | Thomas Søbirk Poulsen | ||
| Board | Thomas Petersen Eldor | ||
| Board | Min-Hwan Kao | ||
| Board | Kevin S. Rauckman | ||
| Board | Clifton Albert Pemble | ||
| Board | Doug Boessen | ||
| Board | Andrew Russell Etkind | ||
| Owner (100%) | Garmin Nederland B.V. | Current | |
| Owner (100%) | Garmin BV | ||
| Auditor | EY Godkendt Revisionspartnerselskab | Current | |
| Auditor | Otto Guldberg | ||
| Auditor | CJ Partnership I/S | ||
| Auditor | EJENDOMSSELSKABET GERSONSVEJ 7 ApS | ||
| Auditor | NU-REVI STATSAUTORISERET REVISOR ApS | ||
| Auditor | ERNST & YOUNG DENMARK P/S | ||
| Auditor | NU-REVI STATSAUTORISERET REVISOR ApS | ||
| Auditor | EY Danmark A/S | ||
| Auditor | ERNST & YOUNG DENMARK P/S | ||
| Founder | KR 332 ApS | Current |
The CEOs' other companies
Jens Buhl Jørgensen – 10 other companies, of which 1 bankrupt
- JBJ ApS Bankrupt 8 May 2025
- CBJ-HOLDING A/S Active
- FAIRPOINT EJENDOMME ApS Fusioneret
- FAIRPOINT LIFESTYLE A/S Fusioneret
- FAIRPOINT OUTDOORS A/S Active
- FAIRPOINT OUTDOORS HOLDING A/S Fusioneret
- FAIRPOINT OUTDOORS HOLDING ApS Opløst
- Fairpoint & Degn ApS Opløst
- JBJ Invest, Hørsholm ApS Active
- SPECIAL OUTDOOR COMPANY A/S Fusioneret
Peter Friis – 59 other companies, of which 28 bankrupt
- A/S SAH AF 13. JUNI 1991 Bankrupt 3 Jul 1991
- ABC123 A/S Bankrupt 26 Aug 2008
- ADVANCED VISUAL SYSTEMS A/S Bankrupt 19 May 2003
- AKTIESELSKABET AF 12. APRIL 1989 Bankrupt 28 Jun 2013
- AKTIESELSKABET AF 27. JANUAR 1914 Bankrupt 27 Dec 1994
- AKTIESELSKABET CDT AF 1. JULI 1989 Bankrupt 27 Dec 1994
- ART-TEGN A/S Bankrupt 6 Apr 1992
- ART-TEGN AF 1992 A/S Bankrupt 11 Oct 1994
- BYG-2011 A/S Bankrupt 30 Nov 2011
- BYMA A/S Bankrupt 17 Aug 2001
- CIRKUS ARENA ApS Bankrupt 12 May 1989
- CLEMENS ART-TEGN A/S Bankrupt 7 Apr 1992
- CONTISOL DANMARK ApS Bankrupt 4 Mar 2010
- IN MILJØ SYSTEM A/S Bankrupt 6 Jan 1989
- INVENTUM I DANMARK A/S Bankrupt 20 Jul 1992
- INVESTERINGSSELSKABET AF 1/11-91 A/S Bankrupt 1 Nov 1993
- ISHØJ EJENDOMSSELSKAB A/S Bankrupt 27 Dec 1994
- JENS ANDERSEN & SØNNER A/S Bankrupt 12 Dec 2001
- K.P. ENGROS ApS Bankrupt 29 Oct 1992
- LISE BODIN MODE ApS Bankrupt 19 Nov 1991
- NORDIC CAPITAL A/S Bankrupt 17 Feb 1994
- REINHOLD CITY COPENHAGEN A/S Bankrupt 4 Jan 1994
- REVISORLEASING AF 1989 STATSAUTORISERET REVISIONSAKTIESELSKAB Bankrupt 17 Jan 1986
- SELSKABET AF 6. DECEMBER 2002 A/S Bankrupt 9 Jan 2003
- Selskabet af 1. januar 2021 ApS Bankrupt 31 May 2024
- TRÆAFVIKLINGSSELSKABET AF 01.02.2004 A/S Bankrupt 10 Jun 2004
- VIBEKE PONTOPPIDAN INTERIOR DESIGN ApS Bankrupt 11 Jun 1991
- VOGNMAND JOHN MAJ A/S Bankrupt 30 May 2016
- A/S TOTALFINANS Fusioneret
- ACCOUNT DATA A/S Opløst
Kenneth Aabenhus – 4 other companies, of which 1 bankrupt
- First Engros ApS Bankrupt 20 Mar 2024
- FAIRPOINT LIFESTYLE A/S Fusioneret
- Fairpoint & Degn ApS Opløst
- NAVTECH DENMARK A/S Compulsorily dissolved
Address history (2 moves)
| Pederstrupvej 82, 2750 Ballerup | |
| Hejrevang 19, 3450 Allerød | |
| Hejrevang 21D, 3450 Allerød |
Former names
| GARMIN NORDIC DENMARK A/S | – now |
| GARMIN DANMARK A/S | – |
| FAIRPOINT NAVIGATION A/S | – |
| FAIRPOINT A/S | – |
| FERROPILOT (DANMARK) A/S | – |
| FERROPILOT (DANMARK) ApS | – |
| DKNF 364 ApS | – |
Employees per year
Similar companies in Ballerup
- exceet Card Denmark A/S Skovlunde
- BOSCH REXROTH A/S Ballerup
- MIC KASSEAPPARATER A/S Ballerup
- TREPKO A/S Ballerup
- Kikimo ApS Skovlunde
- Flexy Weld ApS Måløv
- Cheetah Solutions ApS Ballerup
- Hitachi Energy Denmark A/S Ballerup
- CAMFIL A/S Skovlunde
- Siemens Mobility A/S Ballerup
- Eurochannels ApS Ballerup
- LAB Company ApS Ballerup
Questions and answers about GARMIN NORDIC DENMARK A/S
Has GARMIN NORDIC DENMARK A/S gone bankrupt?
No, GARMIN NORDIC DENMARK A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of GARMIN NORDIC DENMARK 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 GARMIN NORDIC DENMARK A/S?
GARMIN NORDIC DENMARK A/S most recently used EY Godkendt Revisionspartnerselskab.
When was GARMIN NORDIC DENMARK A/S founded?
GARMIN NORDIC DENMARK A/S was founded on 14 September 1987.
What is the equity of GARMIN NORDIC DENMARK A/S?
Equity was DKK 229.8m 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.