MINKPAPIR A/S

CVR 13704643 · Public limited company (A/S) · Active · Low risk

MINKPAPIR A/S is a Public limited company (A/S), founded on , based in Holstebro. The company is registered in the industry fremstilling af andre papir- og papvarer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 -12.2m and a net result of DKK -7.7m.

Bankruptcy risk for MINKPAPIR A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%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×
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×
Audit opted outNo · 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
13704643
Status
Active
Company type
Public limited company (A/S)
Founded
(37 years)
Address
Hedegårdvej 13
7500 Holstebro
Municipality
Holstebro
Industry
Fremstilling af andre papir- og papvarer (172500)
Bankruptcies in the industry: Fremstilling af bølgepap og pap og emballage af papir og pap
Share capital
DKK 600k
Employees
29 (2018)
Auditor
Krøyer Pedersen Statsautoriserede Revisorer P/S
Audit opted out
No

Warning signs

Annual reports filed late6 of 30
Missing annual reportNo
Negative equityYes
Equity ratio-49.9%
Current ratio114%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -6.1mDKK -638k
Net profitDKK -7.7mDKK -4.5m
EquityDKK -12.2mDKK -4.4m
Total assetsDKK 24.4mDKK 34.9m
CashDKK 67k–
Short-term debtDKK 3.3m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · KRØYER PEDERSEN, Statsautoriserede Revisorer P/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202554
1 Jan 2024 – 31 Dec 2024104
1 Jan 2023 – 31 Dec 2023107
1 Jan 2022 – 31 Dec 202286
1 Jan 2021 – 31 Dec 202163
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 201991
1 Jan 2018 – 31 Dec 2018176
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016135
1 Jan 2015 – 31 Dec 201578
1 Jan 2014 – 31 Dec 2014128
1 Jan 2013 – 31 Dec 2013126
1 Jan 2012 – 31 Dec 2012136
1 Jan 2011 – 31 Dec 2011106
1 Jan 2010 – 31 Dec 2010185 Late
1 Jan 2009 – 31 Dec 2009153
1 May 2007 – 30 Apr 2008151
1 May 2006 – 30 Apr 200759
1 May 2005 – 30 Apr 200664

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
CEOSteen Schierbeck
CEOJens Hedegaard
CEOKurt Juul Andersen
CEOMichael Smedegaard
BoardHenrik Broksø ThulesenCurrent
BoardThomas Holm JensenCurrent
BoardJosefine Frederikke Mundrup IveCurrent
BoardTorben Museth Rishøj
BoardJens Hedegaard
BoardLars Antonsen
BoardHeinrich Legaard Küsch
BoardMona Majgaard
BoardPreben Lindbjerg Mehlsen
BoardHenrik Broksø Thulesen
BoardLars Christiansen
BoardLars Buhl
BoardPeter Falkenham
BoardAnders Christen Obel
BoardLars Blavnsfeldt
BoardThomas Holm Jensen
BoardMads Nørgaard
BoardThomas Thulesen
Owner (100%)Kilsmark A/SCurrent
Owner (10%)C.W. OBEL A/S
Owner (10%)INDUSTRI UDVIKLING II K/S
Owner (67%)DMP PARTNERS A/S
AuditorKrøyer Pedersen Statsautoriserede Revisorer P/SCurrent
AuditorND REVISION ESBJERG I/S V/MATHIAS BRINCH & AGNETE DAHLMANN
AuditorANPARTSSELSKABET AF DEN 14/9 1986 ESBJERG
AuditorRevisionsfirmaet Lundgaard-Andersen & Glud
AuditorSIKA A/S
AuditorSIKA A/S
AuditorKPSR I/S
FounderASX 9667 ApSCurrent

The CEOs' other companies

Steen Schierbeck – 46 other companies, of which 46 bankrupt

Jens Hedegaard – 30 other companies, of which 6 bankrupt

Kurt Juul Andersen – 1 other companies

Michael Smedegaard – 9 other companies, of which 1 bankrupt

Address history (0 moves)

Hedegårdvej 13, 7500 Holstebro

Former names

MINKPAPIR A/S – now
DANSK MINK PAPIR A/S –
DANSK MINK PAPIR A/S –
SCSK 1532 ApS –

Employees per year

Number of employees at MINKPAPIR A/S per year19382011: 3320112012: 3720122013: 3520132014: 3820142015: 3620152016: 2620162017: 3020172018: 292018

Other companies at the same address

Similar companies in Holstebro

Questions and answers about MINKPAPIR A/S

Has MINKPAPIR A/S gone bankrupt?

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

What is the bankruptcy risk of MINKPAPIR A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the auditor of MINKPAPIR A/S?

MINKPAPIR A/S most recently used Krøyer Pedersen Statsautoriserede Revisorer P/S.

When was MINKPAPIR A/S founded?

MINKPAPIR A/S was founded on 1 November 1989.

What is the equity of MINKPAPIR A/S?

Equity was DKK -12.2m 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.