ARM AF 20/8 1959 A/S

CVR 15623004 · Public limited company (A/S) · Active · Low risk

ARM AF 20/8 1959 A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry investering for egen regning. 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 79.8m and a net result of DKK 5.2m. CEO: Bent Madsen.

Bankruptcy risk for ARM AF 20/8 1959 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

CEO's other companies0 · bankruptcy rate 10.9%1.2×

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
15623004
Status
Active
Company type
Public limited company (A/S)
Founded
(35 years)
Address
Strandvænget 9
8700 Horsens
Municipality
Horsens
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 1.0m
Employees
0 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio99.4%
Current ratio193%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -125kDKK -132k
Net profitDKK 5.2mDKK 8.1m
EquityDKK 79.8mDKK 74.6m
Total assetsDKK 80.3mDKK 75.6m
CashDKK 644k–
Short-term debtDKK 451k–
Tax owedDKK 426k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202563
1 Jan 2024 – 31 Dec 202491
1 Jan 2023 – 31 Dec 202372
1 Jan 2022 – 31 Dec 202266
1 Jan 2021 – 31 Dec 202171
1 Jan 2020 – 31 Dec 202095
1 Jan 2019 – 31 Dec 201960
1 Jan 2018 – 31 Dec 201880
1 Jan 2017 – 31 Dec 2017123
1 Jan 2016 – 31 Dec 2016157
1 Jan 2015 – 31 Dec 201563
1 Jan 2014 – 31 Dec 2014140
1 Jan 2013 – 31 Dec 201397
1 Jan 2012 – 31 Dec 2012147
1 Jan 2011 – 31 Dec 2011103
1 Jan 2010 – 31 Dec 201081
1 Jan 2009 – 31 Dec 2009111
1 Jan 2008 – 31 Dec 200878
1 Jan 2007 – 31 Dec 200799
1 Jan 2006 – 31 Dec 200681

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
CEOBent MadsenCurrent
BoardAnnette Raackmann MadsenCurrent
BoardBent MadsenCurrent
BoardSteffen EbdrupCurrent
BoardCaroline Raackmann MadsenCurrent
BoardAsker Tage Larsen
BoardSøren Østergård Schmidt
BoardCaroline Raackmann Madsen
Owner (100%)Annette Raackmann MadsenCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorHenrik Myhre
AuditorNOMOQ PARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderAsker Tage LarsenCurrent
FounderAnnette Raackmann MadsenCurrent
FounderBent MadsenCurrent

The CEOs' other companies

Bent Madsen – 1 other companies

Address history (1 moves)

Strandvænget 9, 8700 Horsens
Stensballe Strandvej 16, 8700 Horsens

Employees per year

Number of employees at ARM AF 20/8 1959 A/S per year232011: 220112012: 220122013: 320132014: 220142015: 020152016: 020162017: 020172018: 02018

Similar companies in Horsens

Questions and answers about ARM AF 20/8 1959 A/S

Has ARM AF 20/8 1959 A/S gone bankrupt?

No, ARM AF 20/8 1959 A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of ARM AF 20/8 1959 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 ARM AF 20/8 1959 A/S?

Bent Madsen is the CEO of ARM AF 20/8 1959 A/S.

Who is the auditor of ARM AF 20/8 1959 A/S?

ARM AF 20/8 1959 A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was ARM AF 20/8 1959 A/S founded?

ARM AF 20/8 1959 A/S was founded on 1 November 1991.

What is the equity of ARM AF 20/8 1959 A/S?

Equity was DKK 79.8m 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.