MALERFIRMA THAGE W. NIELSEN A/S

CVR 14041680 · Public limited company (A/S) · Active · Low risk

MALERFIRMA THAGE W. NIELSEN A/S is a Public limited company (A/S), founded on , based in Randers NV. The company is registered in the industry maleraktiviteter. 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 4.1m and a net result of DKK 210k. CEO: Mads Bülow.

Bankruptcy risk for MALERFIRMA THAGE W. NIELSEN 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

Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

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×
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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
14041680
Status
Active
Company type
Public limited company (A/S)
Founded
(36 years)
Address
Glarbjergvej 47
8920 Randers NV
Municipality
Randers
Industry
Maleraktiviteter (433410)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
36 (2018)
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio44.5%
Current ratio154%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 12.5mDKK 14.3m
Net profitDKK 210kDKK 1.6m
EquityDKK 4.1mDKK 5.9m
Total assetsDKK 9.2mDKK 9.9m
CashDKK 4.2m–
Short-term debtDKK 5.1m–
Tax owedDKK 13k–
Avg. employees26–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202582
1 Jan 2024 – 31 Dec 202498
1 Jan 2023 – 31 Dec 202382
1 Jan 2022 – 31 Dec 2022108
1 Jan 2021 – 31 Dec 202149
1 Jan 2020 – 31 Dec 202033
1 Jan 2019 – 31 Dec 2019155
1 Jan 2018 – 31 Dec 201857
1 Jan 2017 – 31 Dec 201764
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015148
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013170
1 Jan 2012 – 31 Dec 2012150
1 Jan 2011 – 31 Dec 2011169
1 Jan 2010 – 31 Dec 2010167
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008172
1 Jan 2007 – 31 Dec 2007172
1 Jan 2006 – 31 Dec 2006151

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
CEOMads BülowCurrent
CEOFlemming Bülow-Nielsen
BoardMads BülowCurrent
BoardLone Krogh JensenCurrent
BoardLene WarrerCurrent
BoardMichael Bülow-Nielsen
BoardFlemming Bülow-Nielsen
BoardHenny Bülow-Nielsen
BoardFlemming Bülow-Nielsen
BoardLone Krogh Jensen
Owner (25%)Thage W. Holding ApSCurrent
Owner (67%)Mads Bülow Holding ApSCurrent
Owner (100%)THAGE W. HOLDING ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorASX 40492 A/S
AuditorA/S AF 1/7 1991
AuditorJCN, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorJOKE, RANDERS A/S
Auditor18. juni 2024 P/S
FounderMichael Bülow-NielsenCurrent
FounderFlemming Bülow-NielsenCurrent
FounderMads BülowCurrent
FounderHenny Bülow-NielsenCurrent

The CEOs' other companies

Mads Bülow – 2 other companies

Flemming Bülow-Nielsen – 2 other companies

Address history (3 moves)

Glarbjergvej 47, 8920 Randers NV
Glarbjergvej 47, 8920 Randers NV
Glarbjergvej 47, 8900 Randers C
Glarbjergvej 47, 8900 Randers C

Employees per year

Number of employees at MALERFIRMA THAGE W. NIELSEN A/S per year21412011: 3620112012: 2820122013: 3020132014: 2820142015: 3320152016: 4120162017: 3520172018: 362018

Other companies at the same address

Similar companies in Randers

Questions and answers about MALERFIRMA THAGE W. NIELSEN A/S

Has MALERFIRMA THAGE W. NIELSEN A/S gone bankrupt?

No, MALERFIRMA THAGE W. NIELSEN A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MALERFIRMA THAGE W. NIELSEN 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 MALERFIRMA THAGE W. NIELSEN A/S?

Mads Bülow is the CEO of MALERFIRMA THAGE W. NIELSEN A/S.

Who is the auditor of MALERFIRMA THAGE W. NIELSEN A/S?

MALERFIRMA THAGE W. NIELSEN A/S most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was MALERFIRMA THAGE W. NIELSEN A/S founded?

MALERFIRMA THAGE W. NIELSEN A/S was founded on 18 April 1990.

What is the equity of MALERFIRMA THAGE W. NIELSEN A/S?

Equity was DKK 4.1m 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.