Vexve A/S
CVR 12375344 · Public limited company (A/S) · Active · Low risk
Vexve A/S is a Public limited company (A/S), founded on , based in Slagelse. The company is registered in the industry fremstilling af hydraulisk 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. The latest annual report (31 Dec 2025) shows equity of DKK 78.8m and a net result of DKK 31.7m. CEO: Ulrich Gammelgaard.
Bankruptcy risk for Vexve 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
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Reduces the risk
Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · 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
- 12375344
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (38 years)
- Address
- Sorøvej 8
4200 Slagelse - Municipality
- Slagelse
- Industry
- Fremstilling af hydraulisk udstyr (281200)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n. - Share capital
- DKK 2.0m
- Employees
- 75 (2018)
- Auditor
- PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 2 of 31 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 25.5% |
| Current ratio | 255% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 13 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 4 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Revenue | DKK 437.6m | DKK 394.7m |
| Gross profit | DKK 160.9m | DKK 135.0m |
| Net profit | DKK 31.7m | DKK 23.9m |
| Equity | DKK 78.8m | DKK 177.1m |
| Total assets | DKK 309.1m | DKK 268.0m |
| Cash | DKK 9.8m | – |
| Short-term debt | DKK 86.0m | – |
| Tax owed | DKK 5.8m | – |
| Avg. employees | 144 | – |
Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 127 | ||
| 1 Jan 2024 – 31 Dec 2024 | 114 | ||
| 1 Jan 2023 – 31 Dec 2023 | 85 | ||
| 1 Jan 2022 – 31 Dec 2022 | 102 | ||
| 1 Jan 2021 – 31 Dec 2021 | 137 | ||
| 1 Jan 2020 – 31 Dec 2020 | 162 | ||
| 1 Jan 2019 – 31 Dec 2019 | 141 | ||
| 1 Jan 2018 – 31 Dec 2018 | 130 | ||
| 1 Jan 2017 – 31 Dec 2017 | 142 | ||
| 1 Jan 2016 – 31 Dec 2016 | 117 | ||
| 1 Jan 2015 – 31 Dec 2015 | 130 | ||
| 1 Jan 2014 – 31 Dec 2014 | 141 | ||
| 1 Jan 2013 – 31 Dec 2013 | 120 | ||
| 1 Jan 2012 – 31 Dec 2012 | 127 | ||
| 1 Jan 2011 – 31 Dec 2011 | 122 | ||
| 1 Jan 2010 – 31 Dec 2010 | 150 | ||
| 1 Jan 2009 – 31 Dec 2009 | 126 | ||
| 1 Jan 2008 – 31 Dec 2008 | 118 | ||
| 1 Jan 2007 – 31 Dec 2007 | 176 | ||
| 1 Jan 2006 – 31 Dec 2006 | 130 |
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 | Ulrich Gammelgaard | Current | |
| CEO | Bjarne Wittendorff Ibsen | ||
| CEO | Per Emil Hasselbalch Stakemann | ||
| CEO | Claus Thorsted Frese | ||
| CEO | Stephen John Hart | ||
| CEO | Tina Sofie Frese | ||
| CEO | Lars Rahbek | ||
| CEO | Stig Peter Agneborn | ||
| Board | Jens Axel Johansen | Current | |
| Board | Mette Kjær | Current | |
| Board | Morten Prasse | Current | |
| Board | Jette Marie Sørensen | Current | |
| Board | Ulrich Gammelgaard | Current | |
| Board | Paul Thomas Gustavsson | Current | |
| Board | Riiko Johannes Kaurola | Current | |
| Board | Stig Peter Agneborn | Current | |
| Board | Johnni Vagn Thorsted Frese | ||
| Board | Claus Thorsted Frese | ||
| Board | Bjarne Wittendorff Ibsen | ||
| Board | Ulf Svejgaard Poulsen | ||
| Board | Susanne Saul Stakemann | ||
| Board | Erik Nielsen | ||
| Board | Jan Løvenhardt Hansen | ||
| Board | Preben Edvard Kønig | ||
| Board | Per Odgaard Svenningsen | ||
| Board | Hans Ernfred Øhrstrøm | ||
| Board | Per Emil Hasselbalch Stakemann | ||
| Board | Thorkild Børge Frese | ||
| Board | Uffe Frederik Hansen | ||
| Board | Eva Birthe Faigh | ||
| Board | Gert Suhr Hansen | ||
| Board | Bodil Andersen | ||
| Board | Frank Hemmingsen | ||
| Board | Frank Hemmingsen | ||
| Board | Bjarne Wittendorff Ibsen | ||
| Board | Willy Otto Hansen Andersen | ||
| Board | Willy Otto Hansen Andersen | ||
| Board | Morten Prasse | ||
| Board | Morten Prasse | ||
| Board | Willy Otto Hansen Andersen | ||
| Board | Benny Olsen | ||
| Board | Willy Otto Hansen Andersen | ||
| Board | Jens Terkel Lund-Nielsen | ||
| Board | Benny Olsen | ||
| Board | Aksel Risager Christensen | ||
| Board | Jesper Friis-Wandall Nielsen | ||
| Board | Susanne Jensen | ||
| Board | Kim Thorsted Frese | ||
| Board | Ib Erik Finn Poulsen | ||
| Board | Søs Christensen | ||
| Board | Tina Sofie Frese | ||
| Board | Aksel Risager Christensen | ||
| Board | Benny Olsen | ||
| Board | Benny Olsen | ||
| Board | Søren Østergaard Sørensen | ||
| Board | Jørgen Leif Cadovius | ||
| Board | Søren Hoelgaard Justesen | ||
| Board | Jussi Richart Foltmar | ||
| Board | Tina Sofie Frese | ||
| Board | Nicholas Vinderslev Frese | ||
| Board | René Barington | ||
| Owner (100%) | Vexve Oy | Current | |
| Owner (100%) | FRESE HOLDING ApS | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | Erik Tronborg Andersen | ||
| Auditor | RGP ApS AF 1/5 1990 | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | MEDIMEX ApS | Current | |
| Founder | ApS HVKMD 5 NR. 555 | Current | |
| Founder | PEHSB ApS | Current | |
| Founder | A/S PSE NR. 1680 | Current |
The CEOs' other companies
Ulrich Gammelgaard – 6 other companies
- Ejendomsselskabet Sorøvej 6 ApS Active
- FRESE HOLDING ApS Active
- FRESE METAL- OG STÅLSTØBERI A/S Active
- THYREGOD BYGNINGSINDUSTRI A/S Active
- VELUX A/S Active
- Ventilselskabet af 30. november 2023 A/S Opløst
Bjarne Wittendorff Ibsen – 28 other companies, of which 3 bankrupt
- KMAB 112 A/S Bankrupt 5 Sep 2002
- LM AF 11/11 2008 A/S Bankrupt 8 Jan 2009
- LULU LEGETØJ ApS Bankrupt 15 Mar 1990
- BWI Holding ApS Active
- Bijob 1 ApS Active
- Bijob 2 ApS Active
- Bijob 3 ApS Active
- Bijob 4 ApS Active
- Bijob ApS Active
- Bijob Holding ApS Active
- C.S.E. HOLDING A/S Opløst
- CS ELECTRIC A/S Fusioneret
- CUC ENGINEERING A/S Active
- EJENDOMSSELSKABET RESKAVEJ 1 A/S Active
- FLEXODAN INDUSTRIPRODUKETR ApS Fusioneret
- FLOWCON INTERNATIONAL ApS Active
- FLOWCON IVC A/S Active
- FLOWLOG ApS Active
- FRESE METAL- OG STÅLSTØBERI A/S Active
- FROVIN VINDUER & DØRE A/S Active
- HNC GROUP A/S Active
- IBSEN HOLDING ApS Active
- K. P. KORSØR A/S Opløst
- Niels Lien A/S Active
- Race 1 ApS Active
- Storebælt Innovation A/S Active
- TORBEN HJORT ApS Active
- TOYS SHOP A/S Compulsorily dissolved
Per Emil Hasselbalch Stakemann – 45 other companies, of which 45 bankrupt
- "HEDEVANG MØBLER A/S" Bankrupt 27 Nov 1990
- "J.A.M. TRANSPORTBÅND A/S" Bankrupt 18 Aug 1993
- "NELLE'S RENGØRING A/S" Bankrupt 16 Jul 1990
- 'HG 405 PAVIA AF HIRTSHALS ApS' Bankrupt 4 Jul 2007
- 'ZOO-TEX ApS' Bankrupt 25 Nov 2016
- 02 HOLDING A/S Bankrupt 16 Oct 2008
- 09.28 ANNO 2007 ApS Bankrupt 13 Feb 2009
- 1/7 1987 A/S Bankrupt 21 Aug 2003
- 100 GB ApS Bankrupt 5 May 1994
- 11 DESIGN A/S Bankrupt 28 Apr 2015
- 1356 INVEST ApS Bankrupt 8 Apr 2011
- 15/11 1990 A/S Bankrupt 11 Oct 1994
- 15689382 ApS Bankrupt 26 Jun 2017
- 19.09.2021 ApS Bankrupt 8 Dec 2023
- 23/5 914 ApS Bankrupt 25 Jun 1991
- 3 X 65 SERVICE ApS Bankrupt 3 Mar 1997
- 3 X P A/S Bankrupt 10 Sep 1990
- 31.12.2007 X A/S Bankrupt 28 Oct 2008
- 3B DEVELOPMENT GROUP ApS Bankrupt 2 Nov 2006
- 4 FONTANE ApS Bankrupt 2 Oct 2002
- 4A MANAGEMENT ApS Bankrupt 7 May 1992
- 7 9 13 FORSIKRINGSERVICE ApS Bankrupt 20 Mar 2024
- A - INFORMATIK A/S Bankrupt 9 Oct 2013
- A J J FINANS NR. 1 ApS Bankrupt 23 Feb 1995
- A'SHARQ TV ApS Bankrupt 26 Nov 1992
- A-T SPECIALENTREPRICE ApS Bankrupt 3 Aug 2001
- A. K. OLIE ApS Bankrupt 18 Nov 2008
- A. UNO ApS Bankrupt 19 Jan 1996
- A.B. BYG ApS Bankrupt 4 Dec 1996
- A.H. GRAFIK ApS Bankrupt 23 Jan 1990
Claus Thorsted Frese – 11 other companies, of which 2 bankrupt
- KCRM 3 A/S Bankrupt 12 Jul 2006
- R.E.M. HOLDING ApS Bankrupt 2 Jul 2007
- C.F. SLAGELSE HOLDING ApS Active
- CF & KF HOLDING ApS Fusioneret
- Ejendomsselskabet Sorøvej 6 ApS Active
- FRESE HOLDING ApS Active
- FRESE METAL- OG STÅLSTØBERI A/S Active
- J. F. SLAGELSE HOLDING A/S Fusioneret
- K.F. SLAGELSE HOLDING ApS Active
- Per Hillo Love Art Exchange IVS Compulsorily dissolved
- T.F. SLAGELSE HOLDING ApS Active
Tina Sofie Frese – 14 other companies, of which 1 bankrupt
- Leagues ApS Bankrupt 27 Mar 2026
- C.F. SLAGELSE HOLDING ApS Active
- Ejendomsselskabet Sorøvej 6 ApS Active
- Emerge Gaming A/S Active
- FRESE HOLDING ApS Active
- FRESE METAL- OG STÅLSTØBERI A/S Active
- FreseTheil Ejendomme ApS Active
- Hrs A/S Active
- J. F. SLAGELSE HOLDING A/S Fusioneret
- K.F. SLAGELSE HOLDING ApS Active
- Per Hillo Love Art Exchange IVS Compulsorily dissolved
- T.F. SLAGELSE HOLDING ApS Active
- T.F. Slagelse Holding II ApS Fusioneret
- T.S. Frese Holding ApS Active
Lars Rahbek – 2 other companies
- FRESE HOLDING ApS Active
- Ventilselskabet af 30. november 2023 A/S Opløst
Stig Peter Agneborn – 4 other companies
- DANSK ENERGIRÅDGIVNING A/S Active
- Ejendomsselskabet Sorøvej 6 ApS Active
- FRESE HOLDING ApS Active
- FRESE METAL- OG STÅLSTØBERI A/S Active
Address history (1 moves)
| Sorøvej 8, 4200 Slagelse | |
| Sorøvej 8, 4200 Slagelse |
Former names
| Vexve A/S | – now |
| FRESE A/S | – |
| FRESE ARMATUR A/S | – |
| FRESE ARMARTUR A/S | – |
| A/S PSE 10 NR. 1500 | – |
Employees per year
Other companies at the same address
- JB FACADE- OG GULVRENOVERING ApS Bankrupt
- CF & KF HOLDING ApS Fusioneret
- Ejendomsselskabet Sorøvej 6 ApS Active
- FRESE HOLDING ApS Active
Questions and answers about Vexve A/S
Has Vexve A/S gone bankrupt?
No, Vexve A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Vexve 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 Vexve A/S?
Ulrich Gammelgaard is the CEO of Vexve A/S.
Who is the auditor of Vexve A/S?
Vexve A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was Vexve A/S founded?
Vexve A/S was founded on 1 August 1988.
What is the equity of Vexve A/S?
Equity was DKK 78.8m 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.