KVERNELAND GROUP DANMARK A/S

CVR 12006675 · Public limited company (A/S) · Active · Low risk

KVERNELAND GROUP DANMARK A/S is a Public limited company (A/S), founded on , based in Kerteminde. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. 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 49.9m and a net result of DKK 2.3m.

Bankruptcy risk for KVERNELAND GROUP 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
12006675
Status
Active
Company type
Public limited company (A/S)
Founded
(38 years)
Address
Tårupstrandvej 25
5300 Kerteminde
Municipality
Kerteminde
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 7.5m
Employees
20 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late9 of 31
Missing annual reportNo
Negative equityNo
Equity ratio79.8%
Current ratio604%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue–DKK 14.1mDKK 19.9m
Gross profitDKK 14.7mDKK 14.1mDKK 19.9m
Net profitDKK 2.3mDKK 2.4mDKK 3.4m
EquityDKK 49.9mDKK 47.6mDKK 45.2m
Total assetsDKK 62.5mDKK 64.5mDKK 65.9m
CashDKK 42.6mDKK 33.0m–
Short-term debtDKK 10.1mDKK 15.4m–
Avg. employees1211–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023191 Late
1 Jan 2022 – 31 Dec 2022189 Late
1 Jan 2021 – 31 Dec 2021190 Late
1 Jan 2020 – 31 Dec 2020188 Late
1 Jan 2019 – 31 Dec 2019255 Late
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016159
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011155
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007148
1 Jan 2006 – 31 Dec 2006126

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
CEOFreddy Frandsen
CEOPer Emil Hasselbalch Stakemann
BoardClaus Udengaard ThomsenCurrent
BoardMats Ingmar TykessonCurrent
BoardKarl EngelbrechtCurrent
BoardHans Bro Nielsen
BoardUlf Svejgaard Poulsen
BoardFreddy Frandsen
BoardSusanne Saul Stakemann
BoardOle Per Sørensen
BoardPer Emil Hasselbalch Stakemann
BoardPoul Erik Sørensen
BoardLasse Godsk Skovdal
BoardNils Frode Underhaug
BoardAudun Berg
BoardSven Olaf Hegstad
BoardOddbjørn Eliassen
BoardOlav Hørsdal
BoardSveinung Hestnes
BoardSveinung Hestnes
BoardKjell Klev
BoardRune Ingve Fløgstad
BoardEirik Larsen
BoardLeif Søfting
BoardCarl Gustaf Magnus Arbell
BoardHelge Aase Nesvåg
BoardAtle Eide
BoardRasmus Norbø
BoardCarl Gustaf Magnus Arbell
BoardPatrick Andre Christian Verheecke
BoardMats Ingmar Tykesson
BoardLeiv Olav Kallestad
BoardPoul Erik Sørensen
BoardJesper Gedsø Smith
BoardBente Bisgaard Hill
BoardJens Kristian Rein
BoardArild Gjerde
Owner (100%)KVERNELAND GROUP HOLDING (DK) A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorErik Tronborg Andersen
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderVX 10.312 ApSCurrent
FounderApS HVKMD 5 NR. 555Current
FounderPEHSB ApSCurrent

The CEOs' other companies

Freddy Frandsen – 34 other companies, of which 1 bankrupt

Per Emil Hasselbalch Stakemann – 45 other companies, of which 45 bankrupt

Address history (1 moves)

Tårupstrandvej 25, 5300 Kerteminde
Tårupstrandvej 25, 5300 Kerteminde

Former names

KVERNELAND GROUP DANMARK A/S – now
KVERNELAND (DK) A/S –
KVERNELAND-FRAUGDE A/S –
A/S PSE NR. 2603 –

Employees per year

Number of employees at KVERNELAND GROUP DANMARK A/S per year10202011: 1820112012: 1920122013: 1920132014: 1920142015: 1920152016: 1920162017: 1920172018: 202018

Other companies at the same address

Similar companies in Kerteminde

Questions and answers about KVERNELAND GROUP DANMARK A/S

Has KVERNELAND GROUP DANMARK A/S gone bankrupt?

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

What is the bankruptcy risk of KVERNELAND GROUP 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 auditor of KVERNELAND GROUP DANMARK A/S?

KVERNELAND GROUP DANMARK A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was KVERNELAND GROUP DANMARK A/S founded?

KVERNELAND GROUP DANMARK A/S was founded on 1 March 1988.

What is the equity of KVERNELAND GROUP DANMARK A/S?

Equity was DKK 49.9m 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.