Sabik Offshore A/S

CVR 12478305 · Public limited company (A/S) · Active · Low risk

Sabik Offshore A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry maskinforarbejdning af metal. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 -14.3m and a net result of DKK -13.8m. CEO: Morten Haaning Christensen.

Bankruptcy risk for Sabik Offshore A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
12478305
Status
Active
Company type
Public limited company (A/S)
Founded
(38 years)
Address
Sadelmagervej 20
7100 Vejle
Municipality
Vejle
Industry
Maskinforarbejdning af metal (255300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 625k
Employees
25 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityYes
Equity ratio-71.9%
Current ratio101%
Moves (last 2 years)0
CEO changes in total8
CEO's previous bankruptcies2
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 634kDKK 4.7m
Net profitDKK -13.8mDKK -6.5m
EquityDKK -14.3mDKK -509k
Total assetsDKK 19.9mDKK 10.2m
CashDKK 0–
Short-term debtDKK 16.7m–
Avg. employees23–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202598
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202268
1 Jan 2021 – 31 Dec 2021139
1 Jan 2020 – 31 Dec 202096
1 Jan 2019 – 31 Dec 2019140
1 Jan 2018 – 31 Dec 2018101
1 Jan 2017 – 31 Dec 201781
1 Jan 2016 – 31 Dec 201676
1 Jan 2015 – 31 Dec 201595
1 Jan 2014 – 31 Dec 201490
1 Jan 2013 – 31 Dec 201393
1 Jan 2012 – 31 Dec 201298
1 Jan 2011 – 31 Dec 201186
1 Jan 2010 – 31 Dec 201090
1 Jan 2009 – 31 Dec 2009108
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007135
1 Jul 2005 – 30 Jun 2006110

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
CEOMorten Haaning ChristensenCurrent
CEOArne Therkelsen
CEOTorben Lund Madsen
CEOPeter Møller
CEOArne Karschunke
BoardPoul LaursenCurrent
BoardMarkus BarnerCurrent
BoardArne KarschunkeCurrent
BoardArne Therkelsen
BoardInga Therkelsen
BoardCarina Sørensen
BoardCindi Andersen
BoardTorben Lund Madsen
BoardJane Midtgaard Madsen
BoardIb Skovbo
BoardSøren Christian Sørensen
BoardMogens Stærk-Nielsen
BoardAllan Stjernholm Nielsen
BoardHenrik Læsø Sørensen
BoardNils Rosenkrands Olsen
BoardPeter Møller
BoardRené Conrad Hansen
BoardMichael Jørgensen
BoardKim Møller Rasmussen
BoardSøren Kavin
BoardOve Georg Rasmussen
BoardMorten Haaning Christensen
BoardArne Karschunke
Owner (100%)Sabik Offshore GmbHCurrent
Owner (50%)PM HOLDING, LUNDERSKOV ApS
Owner (33%)RM HOLDING VEJLE ApS
Owner (100%)PM HOLDING, LUNDERSKOV ApS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
Auditor2KRIS Invest ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderArne TherkelsenCurrent

The CEOs' other companies

Morten Haaning Christensen – 5 other companies, of which 2 bankrupt

Arne Therkelsen – 1 other companies

Torben Lund Madsen – 6 other companies, of which 1 bankrupt

Peter Møller – 6 other companies

Address history (2 moves)

Sadelmagervej 20, 7100 Vejle
Sadelmagervej 20, 7100 Vejle
Ibæk Strandvej 12, 7100 Vejle

Former names

Sabik Offshore A/S – now
WEISSENBORN A/S –
ARNE THERKELSEN A/S –
WEISSENBORN MASKINFABRIK ApS –

Employees per year

Number of employees at Sabik Offshore A/S per year19372011: 3320112012: 2920122013: 3620132014: 3720142015: 3420152016: 3620162017: 3020172018: 252018

Similar companies in Vejle

Questions and answers about Sabik Offshore A/S

Has Sabik Offshore A/S gone bankrupt?

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

What is the bankruptcy risk of Sabik Offshore A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Sabik Offshore A/S?

Morten Haaning Christensen is the CEO of Sabik Offshore A/S.

Who is the auditor of Sabik Offshore A/S?

Sabik Offshore A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Sabik Offshore A/S founded?

Sabik Offshore A/S was founded on 19 October 1988.

What is the equity of Sabik Offshore A/S?

Equity was DKK -14.3m 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.