QUALITY CARBIDE TOOL EUROPE A/S

CVR 12584377 · Public limited company (A/S) · Active · Low risk

QUALITY CARBIDE TOOL EUROPE A/S is a Public limited company (A/S), founded on , based in Gadstrup. The company is registered in the industry engroshandel med værktøjsmaskiner. 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 (30 Apr 2026) shows equity of DKK 398k and a net result of DKK -70k. CEO: Jørn Birger Herringe.

Bankruptcy risk for QUALITY CARBIDE TOOL EUROPE 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · 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×

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
12584377
Status
Active
Company type
Public limited company (A/S)
Founded
(37 years)
Address
Syvvejen 31
4621 Gadstrup
Municipality
Roskilde
Industry
Engroshandel med værktøjsmaskiner (466200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
1 (2018)
Auditor
Dørffer Aps
Audit opted out
No

Warning signs

Annual reports filed late5 of 31
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 0DKK -65kDKK 55k
Net profitDKK -70kDKK -55kDKK 22k
EquityDKK 398kDKK 468kDKK 522k
Total assetsDKK 398kDKK 468kDKK 623k
CashDKK 0DKK 5,595–
Short-term debt–DKK 0–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026176
1 May 2024 – 30 Apr 2025154
1 May 2023 – 30 Apr 2024157
1 May 2022 – 30 Apr 2023177
1 May 2021 – 30 Apr 2022166
1 May 2020 – 30 Apr 2021153
1 May 2019 – 30 Apr 2020173
1 May 2018 – 30 Apr 2019150
1 May 2017 – 30 Apr 2018156
1 May 2016 – 30 Apr 2017137
1 May 2015 – 30 Apr 2016153
1 May 2014 – 30 Apr 2015154
1 May 2013 – 30 Apr 2014161
1 May 2012 – 30 Apr 2013154
1 May 2011 – 30 Apr 2012158
1 May 2010 – 30 Apr 2011162
1 May 2009 – 30 Apr 2010159
1 May 2008 – 30 Apr 2009157
1 May 2007 – 30 Apr 2008166
1 May 2006 – 30 Apr 2007154

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
CEOJørn Birger HerringeCurrent
CEOPaul Børge Christensen
CEORita Kathrine Just
BoardJørn Birger HerringeCurrent
BoardRené Elgaard HerringeCurrent
BoardRita Kathrine Just
BoardRené Elgaard Herringe
BoardPoul Hansen
BoardPoul Hansen
Owner (90%)JØRN B. HERRINGE HOLDING ApSCurrent
AuditorDørffer ApsCurrent
AuditorPROFIL REVISION ApS
AuditorGreve Revision
AuditorTA P/S
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderJørn Birger HerringeCurrent
FounderPaul Børge ChristensenCurrent

The CEOs' other companies

Jørn Birger Herringe – 3 other companies

Paul Børge Christensen – 4 other companies

Rita Kathrine Just – 1 other companies

Address history (2 moves)

Syvvejen 31, 4621 Gadstrup
Syvvejen 31, 4621 Gadstrup
Køgevej 206, 4000 Roskilde

Former names

QUALITY CARBIDE TOOL EUROPE A/S – now
QUALITY CARBIDE TOOL EUROPE ApS –
M T P ApS –

Employees per year

Number of employees at QUALITY CARBIDE TOOL EUROPE A/S per year232011: 220112012: 320122013: 320132014: 320142015: 220152016: 320162017: 220172018: 12018

Other companies at the same address

Similar companies in Roskilde

Questions and answers about QUALITY CARBIDE TOOL EUROPE A/S

Has QUALITY CARBIDE TOOL EUROPE A/S gone bankrupt?

No, QUALITY CARBIDE TOOL EUROPE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of QUALITY CARBIDE TOOL EUROPE 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 QUALITY CARBIDE TOOL EUROPE A/S?

Jørn Birger Herringe is the CEO of QUALITY CARBIDE TOOL EUROPE A/S.

Who is the auditor of QUALITY CARBIDE TOOL EUROPE A/S?

QUALITY CARBIDE TOOL EUROPE A/S most recently used Dørffer Aps.

When was QUALITY CARBIDE TOOL EUROPE A/S founded?

QUALITY CARBIDE TOOL EUROPE A/S was founded on 23 November 1988.

What is the equity of QUALITY CARBIDE TOOL EUROPE A/S?

Equity was DKK 398k according to the annual report for the period ending 30 April 2026.

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