Green Cotton Group A/S
CVR 15694505 · Public limited company (A/S) · Active · Low risk
Green Cotton Group A/S is a Public limited company (A/S), founded on , based in Ikast. The company is registered in the industry fremstilling af strikkede og hæklede beklædningsartikler. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 (30 Apr 2025) shows equity of DKK 25.6m and a net result of DKK 2.9m. CEO: Martin Kofoed Lundgaard.
Bankruptcy risk for Green Cotton Group A/S
0.1%
probability of bankruptcy within 12 months
Low risk
0.0 × the average (1.41%) · higher risk than 33% of active Danish companies
Lowest riskHighest risk
Increases the risk
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
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×
Reporting classReporting class C, mellemstor virksomhed · 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×
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×
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
- 15694505
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (34 years)
- Address
- Thrigesvej 5
7430 Ikast - Municipality
- Ikast-Brande
- Industry
- Fremstilling af strikkede og hæklede beklædningsartikler (141000)
Bankruptcies in the industry: Fremstilling af anden yderbeklædning - Share capital
- DKK 3.0m
- Employees
- 14 (2018)
- Auditor
- Cedra Godkendt Revisionsaktieselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 1 of 30 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 29.2% |
| Current ratio | 109% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 8 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 7 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 27.9m | DKK 21.9m |
| Net profit | DKK 2.9m | DKK -1.1m |
| Equity | DKK 25.6m | DKK 24.5m |
| Total assets | DKK 87.8m | DKK 78.9m |
| Cash | DKK 92k | – |
| Short-term debt | DKK 60.5m | – |
| Avg. employees | 21 | – |
Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 May 2024 – 30 Apr 2025 | 194 | Late | |
| 1 May 2023 – 30 Apr 2024 | 129 | ||
| 1 May 2022 – 30 Apr 2023 | 131 | ||
| 1 May 2021 – 30 Apr 2022 | 135 | ||
| 1 May 2020 – 30 Apr 2021 | 136 | ||
| 1 May 2019 – 30 Apr 2020 | 137 | ||
| 1 May 2018 – 30 Apr 2019 | 127 | ||
| 1 May 2017 – 30 Apr 2018 | 128 | ||
| 1 May 2016 – 30 Apr 2017 | 128 | ||
| 1 May 2015 – 30 Apr 2016 | 124 | ||
| 1 May 2014 – 30 Apr 2015 | 131 | ||
| 1 May 2013 – 30 Apr 2014 | 166 | ||
| 1 May 2012 – 30 Apr 2013 | 162 | ||
| 1 May 2011 – 30 Apr 2012 | 169 | ||
| 1 May 2010 – 30 Apr 2011 | 164 | ||
| 1 May 2009 – 30 Apr 2010 | 166 | ||
| 1 May 2008 – 30 Apr 2009 | 159 | ||
| 1 May 2007 – 30 Apr 2008 | 159 | ||
| 1 May 2006 – 30 Apr 2007 | 154 | ||
| 1 May 2005 – 30 Apr 2006 | 147 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Martin Kofoed Lundgaard | Current | |
| CEO | Leif Nørgaard | ||
| CEO | Victor Christoffersen | ||
| CEO | Tage Frank Nielsen | ||
| CEO | Carsten Aas Kristensen | ||
| CEO | John Røntved Hansen | ||
| Board | Carl Erik Skovgaard | Current | |
| Board | Lasse Norborg Simonsen | Current | |
| Board | Torben Lund Faurholt | Current | |
| Board | Sanne Nørgaard Johansen | Current | |
| Board | Leif Nørgaard | ||
| Board | Victor Christoffersen | ||
| Board | Lene Klinkby Alstrup | ||
| Board | Tage Frank Nielsen | ||
| Board | Frank Heinrich Christian Wulff | ||
| Board | Asbjørn Christoffersen | ||
| Board | Sebastian Benjamin Bahn Christoffersen | ||
| Board | Inge Dam | ||
| Board | Gunhild Ravn | ||
| Board | Torben Lund Faurholt | ||
| Board | Jørgen Lyhne | ||
| Board | Finn Hother Madsen | ||
| Board | Steen Overholdt Hansen | ||
| Board | Jan Bjærre | ||
| Board | Christian Valdemar Juhl | ||
| Owner (5%) | Inge Dam | Current | |
| Owner (25%) | SNJ HOLDING ApS | Current | |
| Owner (25%) | TF HOLDING, IKAST ApS | Current | |
| Owner (25%) | Moorland Village ApS | Current | |
| Auditor | Cedra Godkendt Revisionsaktieselskab | Current | |
| Auditor | Nis Jørn Bennetzen | ||
| Auditor | PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | Victor Christoffersen | Current | |
| Founder | Asbjørn Christoffersen | Current | |
| Founder | Sebastian Benjamin Bahn Christoffersen | Current |
The CEOs' other companies
Martin Kofoed Lundgaard – 28 other companies
- BICHEL VINE ApS Active
- BMK Holding Invest ApS Active
- BY GREEN COTTON A/S Fusioneret
- Christian Malholm - Holding & Invest ApS Opløst
- GREEN COTTON GROUP SERVICES A/S Active
- GREEN COTTON GROUP TRADEMARK ApS Fusioneret
- Green Cotton Group Denmark A/S Fusioneret
- Hilmer Denmark 1 Holding ApS Active
- Hilmer Denmark ApS Active
- Hilmer West DK ApS Fusioneret
- KOSAN GAS DANMARK A/S Fusioneret
- R & R Kultorvet Handel ApS Fusioneret
- R & R Næstved S. Handel ApS Fusioneret
- R og R Nykøbing F Handel ApS Fusioneret
- R&R HANDEL ApS Fusioneret
- R&R Herlev Handel ApS Fusioneret
- R&R Køge Handel ApS Fusioneret
- R&R Nørrebro Handel ApS Fusioneret
- R&R Ro's Torv Handel ApS Fusioneret
- R&R Roskilde Handel ApS Fusioneret
- R&R Rønne Handel ApS Fusioneret
- R&R Sildebroen Handel ApS Fusioneret
- RRJ HANDEL ApS Fusioneret
- SG - Glostrup ApS Fusioneret
- SG - Helsingør ApS Fusioneret
- SG - Hillerød ApS Fusioneret
- SG - Hundige ApS Fusioneret
- SSS HANDEL ApS Fusioneret
Leif Nørgaard – 16 other companies, of which 4 bankrupt
- DGG REKLAME A/S Bankrupt 7 Nov 2002
- DK COMPANY BY DK STYLE A/S Bankrupt 13 Dec 1990
- GREEN CITY DENMARK A/S Bankrupt 7 Jul 2006
- HOLDINGSELSKABET AF 8. MAJ 2013 A/S Bankrupt 8 May 2013
- E. M. C. INVEST ApS Compulsorily dissolved
- GNIST KAPITAL OG UDVIKLING ApS Opløst
- GREEN COTTON GROUP SERVICES A/S Active
- GREEN COTTON GROUP TRADEMARK ApS Fusioneret
- INVITA KØKKENER A/S Fusioneret
- JÆGERGAARD HOLDING ApS Active
- TEX-INFORM A/S Opløst
- TEXTIL FINANS A/S Opløst
- TEXTIL HOLDING ApS Opløst
- TEXTIL PRODUKTION ApS Fusioneret
- VOLMER LINDS EFTF. ApS Active
- ZACHO HOLDING ApS Fusioneret
Victor Christoffersen – 45 other companies, of which 45 bankrupt
- "A.P. PLEJEHJEMSSERVICE ApS" Bankrupt 17 Nov 1992
- 1-2 TRADING ApS Bankrupt 14 Oct 1992
- 12 29 05 00 A/S Bankrupt 18 Aug 2012
- 15.5.2013 ApS Bankrupt 6 Jun 2013
- 2 B KØKKENET ApS Bankrupt 3 Mar 2011
- 21ST VISION ApS Bankrupt 23 Jul 1996
- 28. JANUAR 2011 ApS Bankrupt 23 Feb 2011
- 28331592 ApS Bankrupt 11 Apr 2018
- 29 04 VARDE ApS Bankrupt 13 Mar 2009
- 2L RENOVERING ApS Bankrupt 19 Jun 2009
- 2M SERVICES A/S Bankrupt 22 Aug 2002
- 2TALINVEST ApS Bankrupt 9 Feb 2012
- 3 E TEKNIK ApS Bankrupt 5 Nov 2009
- 4. DECEMBER 1996 ApS Bankrupt 8 Dec 2014
- 4B RENOVERING ApS Bankrupt 27 May 2008
- 4F GROUP ApS Bankrupt 26 Mar 2009
- 4G NORDIC ApS Bankrupt 1 Mar 2004
- 4XM INVEST ApS Bankrupt 15 Aug 2003
- 6. AUGUST 2009 ApS Bankrupt 20 Apr 2010
- A B C - INDRETNING ApS Bankrupt 23 Nov 2000
- A OG S ENGROS ApS Bankrupt 24 Jan 1995
- A S S E DENMARK A/S Bankrupt 28 Jun 1994
- A. C. JERSEY ApS Bankrupt 25 Aug 1992
- A.B HOLDING ApS Bankrupt 13 Feb 2012
- A.K.S. BYG ApS Bankrupt 4 Aug 2009
- A.K.S. METALINDUSTRI A/S Bankrupt 27 Jun 2025
- A.M.C. CONSULT AF 1990 A/S Bankrupt 16 Mar 1994
- A.V.S. AF 23.09.96 A/S Bankrupt 7 Oct 1996
- A/S AF 01. OKTOBER 1994 Bankrupt 15 Oct 1996
- A/S AF 15/2 2010 Bankrupt 26 Mar 2010
Tage Frank Nielsen – 10 other companies, of which 3 bankrupt
- DK COMPANY BY DK STYLE A/S Bankrupt 13 Dec 1990
- H.V.N. TRANSPORT ApS Bankrupt 12 Dec 2003
- LAMONIQUE A/S Bankrupt 14 Apr 1999
- E. M. C. INVEST ApS Compulsorily dissolved
- GREEN COTTON GROUP SERVICES A/S Active
- TEXTIL CONSULT ApS Opløst
- TEXTIL FINANS A/S Opløst
- TEXTIL HOLDING ApS Opløst
- TEXTIL INVEST ApS Opløst
- TEXTIL PRODUKTION ApS Fusioneret
Carsten Aas Kristensen – 5 other companies, of which 1 bankrupt
- A/S TIME OUT Bankrupt 25 Jun 2009
- BD VEST FINANS A/S Fusioneret
- BY GREEN COTTON A/S Fusioneret
- GREEN COTTON GROUP SERVICES A/S Active
- GREEN COTTON GROUP TRADEMARK ApS Fusioneret
John Røntved Hansen – 18 other companies, of which 6 bankrupt
- DP CLEAN TECH EUROPE A/S Bankrupt 28 Feb 2013
- Holding 6. Juni 2023 ApS Bankrupt 6 Jun 2023
- NEW COMPOSITES ApS Bankrupt 17 May 2013
- SILVERSTONE EUROPE HOLDING ApS Bankrupt 24 Sep 2013
- SILVERSTONE EUROPE PROPERTIES ApS Bankrupt 9 Apr 2013
- YOURPAY ApS Bankrupt 6 Oct 2021
- BY GREEN COTTON A/S Fusioneret
- Cadeau Denmark A/S Fusioneret
- EPC INTELLIGENCE ApS Opløst
- FLONIDAN A/S Active
- GLOBAL TAGS A/S Active
- GREEN COTTON GROUP SERVICES A/S Active
- GREEN COTTON GROUP TRADEMARK ApS Fusioneret
- Green Cotton Group Denmark A/S Fusioneret
- JCH A/S Active
- LABOUR FORCE ApS Opløst
- TIVOLI KAROLINELUND A/S Opløst
- Venture Capitals 2023 ApS Active
Address history (3 moves)
| Thrigesvej 5, 7430 Ikast | |
| Thrigesvej 5, 7430 Ikast | |
| Ellehammervej 8, 7430 Ikast | |
| Ellehammervej 8, 7430 Ikast |
Former names
| Green Cotton Group A/S | – now |
| Green Cotton Group Denmark A/S | – |
| NOVOTEX A/S | – |
| VICH 3269 A/S | – |
Employees per year
Other companies at the same address
- BY GREEN COTTON A/S Fusioneret
- Cadeau Denmark A/S Fusioneret
- GREEN COTTON GROUP SERVICES A/S Active
- GREEN COTTON GROUP TRADEMARK ApS Fusioneret
- Green Cotton Group Denmark A/S Fusioneret
- SNJ HOLDING ApS Active
- TF HOLDING, IKAST ApS Active
Similar companies in Ikast-Brande
- Reviere Intimates ApS Ikast
- X-PRESS GROUP ApS Ikast
- ULSØ DESIGN ApS Ikast
- A/S BRDR. F. BJØRN Ikast
Questions and answers about Green Cotton Group A/S
Has Green Cotton Group A/S gone bankrupt?
No, Green Cotton Group A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Green Cotton Group A/S?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the CEO of Green Cotton Group A/S?
Martin Kofoed Lundgaard is the CEO of Green Cotton Group A/S.
Who is the auditor of Green Cotton Group A/S?
Green Cotton Group A/S most recently used Cedra Godkendt Revisionsaktieselskab.
When was Green Cotton Group A/S founded?
Green Cotton Group A/S was founded on 1 December 1991.
What is the equity of Green Cotton Group A/S?
Equity was DKK 25.6m according to the annual report for the period ending 30 April 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.