SOLAR A/S

CVR 15908416 · Public limited company (A/S) · Active · Low risk

SOLAR A/S is a Public limited company (A/S), founded on , based in Vejen. The company is registered in the industry ikke-specialiseret engroshandel. 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. CEO: Michael Hessellund Jeppesen.

Bankruptcy risk for SOLAR A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%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×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
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×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Reporting classReporting class D · bankruptcy rate 3.9%0.44×

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
15908416
Status
Active
Company type
Public limited company (A/S)
Founded
(71 years)
Address
Industrivej Vest 43
6600 Vejen
Municipality
Vejen
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 800.6m
Employees
800 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equity–
Equity ratio–
Current ratio–
Moves (last 2 years)0
CEO changes in total9
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year2026202520252024

Latest annual report: Reporting class D · auditor's statement: No audit assistance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202575
1 Jan 2024 – 31 Dec 202476
1 Jan 2023 – 31 Dec 202375
1 Jan 2022 – 31 Dec 202279
1 Jan 2021 – 31 Dec 202180
1 Jan 2020 – 31 Dec 202082
1 Jan 2019 – 31 Dec 201977
1 Jan 2018 – 31 Dec 201879
1 Jan 2017 – 31 Dec 201779
1 Jan 2016 – 31 Dec 201693
1 Jan 2015 – 31 Dec 201599
1 Jan 2014 – 31 Dec 201496
1 Jan 2013 – 31 Dec 2013131
1 Jan 2012 – 31 Dec 2012111
1 Jan 2011 – 31 Dec 2011129
1 Jan 2010 – 31 Dec 2010104
1 Jan 2009 – 31 Dec 2009129
1 Jan 2008 – 31 Dec 2008113
1 Jan 2007 – 31 Dec 2007112
1 Jan 2006 – 31 Dec 2006120

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
CEOMichael Hessellund JeppesenCurrent
CEOHarald Preben Jørgensen
CEOJørgen Borum
CEOErling Bardensted Folker
CEOJohn Mundeling Olesen
CEOHugo Dorph
BoardLouise Knauer BaroudyCurrent
BoardPeter BangCurrent
BoardJesper Dalsgaard JensenCurrent
BoardMorten ChroneCurrent
BoardMichael Troensegaard AndersenCurrent
BoardRune Jesper NielsenCurrent
BoardKatrine BorumCurrent
BoardThomas Barslund AskouCurrent
BoardUlf Gregers JensenCurrent
BoardMichael Kærgaard RavnCurrent
BoardUlrich LiedtkeCurrent
BoardMads Pilegaard ThorsenCurrent
BoardMette BrixCurrent
BoardAndreas Lauritzen Geltzer Schou
BoardAgnete Thage-Jørgensen
BoardNiels Borum
BoardHarald Preben Jørgensen
BoardThorkild Thage-Jørgensen
BoardErling Bardensted Folker
BoardKarin Borum
BoardVibeke Thage Linde
BoardJørgen Borum
BoardPeter Ulrik Linde
BoardThorkild Thage-Jørgensen
BoardAgnete Thage-Jørgensen
BoardVibeke Thage Linde
BoardPeter Falkenham
BoardBent Hauge Frisk
BoardPreben Jessen
BoardArne Slyngborg
BoardAase Kofoed
BoardAllan Nissen
BoardJens Borum
BoardRemy Rikardt Cramer
BoardNiels Olav Johannesson
BoardCarsten Henrik Ørssleff
BoardKent Arentoft
BoardFinn Christensen
BoardJens Peter Toft
BoardEgon Blak
BoardLars Lange Andersen
BoardJette Marie Sarnov
BoardAgnete Raaschou-Nielsen
BoardSteen Weirsøe
BoardPreben Jessen
BoardAllan Øllegaard Stølegaard
BoardRune Jesper Nielsen
BoardUlrik Clausen Damgaard
BoardUlf Anders Gundemark
BoardJesper Dalsgaard Jensen
BoardUlf Anders Gundemark
BoardPreben Jessen
BoardLisbeth Maegaard Andersen Jørgensen
BoardRune Jesper Nielsen
BoardMichael Troensegaard Andersen
BoardMichael Kærgaard Ravn
BoardLars Lange Andersen
BoardUlrik Clausen Damgaard
BoardDenise Goldby
Owner (15%)FONDEN AF 20. DECEMBERCurrent
Owner (5%)Nordea Funds LtdCurrent
Owner (5%)TIND ASSET MANAGEMENT ASCurrent
Owner (5%)UBS Group AGCurrent
Owner (10%)CHR. AUGUSTINUS FABRIKKER AKTIESELSKAB
Owner (0%)AUGUSTINUS FONDEN
Owner (10%)NORDEA BANK DANMARK A/S
Owner (10%)NORDEA FUND MANAGEMENT, FILIAL AF NORDEA FUNDS OY, FINLAND
Owner (5%)RWC Asset Management LLP
Owner (5%)SOLAR A/S
Owner (5%)NORDEA FUND MANAGEMENT, FILIAL AF NORDEA FUNDS OY, FINLAND
Owner (10%)RWC Asset Management LLP
Owner (10%)NORDEA FUND MANAGEMENT, FILIAL AF NORDEA FUNDS OY, FINLAND
Owner (10%)NORDEA FUND MANAGEMENT, FILIAL AF NORDEA FUNDS OY, FINLAND
Owner (10%)NORDEA FUND MANAGEMENT, FILIAL AF NORDEA FUNDS OY, FINLAND
Owner (10%)Nordea Funds Ltd
Owner (5%)FIL Limited
Owner (15%)RWC Asset Management LLP
Owner (5%)INVESTERINGSFORENINGEN NORDEA INVEST
Owner (10%)RWC Asset Management LLP
Owner (5%)RWC Asset Management LLP
Owner (5%)UBS Group AG
Owner (5%)UBS Group AG
Owner (5%)Nordea Funds Ltd
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorAlex Roald Ankjær-Jensen
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorCivilingeniør Kai Jølck
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Michael Hessellund Jeppesen – 4 other companies

Harald Preben Jørgensen – 2 other companies

Jørgen Borum – 7 other companies

Erling Bardensted Folker – 25 other companies, of which 2 bankrupt

Hugo Dorph – 12 other companies, of which 1 bankrupt

Address history (3 moves)

Industrivej Vest 43, 6600 Vejen
Haderslevvej 25, 6000 Kolding
Rugmarken 38, 6000 Kolding
Haderslevvej 25, 6000 Kolding

Former names

SOLAR A/S – now
SOLAR HOLDING A/S –

Employees per year

Number of employees at SOLAR A/S per year4238452011: 84520112012: 82520122013: 78920132014: 78920142015: 80720152016: 81420162017: 83820172018: 8002018

Similar companies in Vejen

Questions and answers about SOLAR A/S

Has SOLAR A/S gone bankrupt?

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

What is the bankruptcy risk of SOLAR 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 SOLAR A/S?

Michael Hessellund Jeppesen is the CEO of SOLAR A/S.

Who is the auditor of SOLAR A/S?

SOLAR A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was SOLAR A/S founded?

SOLAR A/S was founded on 25 March 1955.

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