Selskabet af 19. maj 1992 A/S

CVR 16137480 · Public limited company (A/S) · Active · Low risk

Selskabet af 19. maj 1992 A/S is a Public limited company (A/S), founded on , based in Middelfart. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 -307k and a net result of DKK 207k. CEO: Karl Aage Nielsen.

Bankruptcy risk for Selskabet af 19. maj 1992 A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
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×

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
16137480
Status
Active
Company type
Public limited company (A/S)
Founded
(34 years)
Address
Mandal Alle 18
5500 Middelfart
Municipality
Middelfart
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Employees
0 (2017)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 30
Missing annual reportNo
Negative equityYes
Equity ratio-30.3%
Current ratio77%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 356kDKK -382k
Net profitDKK 207kDKK -388k
EquityDKK -307kDKK -514k
Total assetsDKK 1.0mDKK 184k
CashDKK 98–
Short-term debtDKK 1.3m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024140
1 Jan 2023 – 31 Dec 202395
1 Jan 2022 – 31 Dec 2022151
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020167
1 Jan 2019 – 31 Dec 2019195 Late
1 Jan 2018 – 31 Dec 2018168
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016115
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014133
1 Jan 2013 – 31 Dec 2013133
1 Jan 2012 – 31 Dec 2012147
1 Jan 2011 – 31 Dec 2011136
1 Jan 2010 – 31 Dec 2010149
1 Jan 2009 – 31 Dec 2009104
1 Jan 2008 – 31 Dec 2008144
1 Jan 2007 – 31 Dec 2007113
1 Jan 2006 – 31 Dec 2006144

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
CEOKarl Aage NielsenCurrent
BoardKarl Aage NielsenCurrent
BoardMorten Bo Kure-NielsenCurrent
BoardLenna NielsenCurrent
Owner (50%)MORTEN BO HOLDING ApSCurrent
Owner (5%)Macasa Holding ApSCurrent
Owner (33%)LEKA Holding ApSCurrent
Owner (67%)LEKA HOLDING ApS
Owner (20%)MORTEN BO HOLDING ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorREVISIONSFIRMAET EGEKVIST
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorREVISIONSFIRMAET RATHMANN & MORTENSEN, GODKENDT REVISIONSANPARTSSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderKarl Aage NielsenCurrent

The CEOs' other companies

Karl Aage Nielsen – 8 other companies

Address history (3 moves)

Mandal Alle 18, 5500 Middelfart
Mandal Alle 18, 5500 Middelfart
Mandal Alle 18, 5500 Middelfart
Jyllandsvej 8, 5400 Bogense

Former names

Selskabet af 19. maj 1992 A/S – now
CITY GROUP A/S –
CITY LAK A/S –
CITY LAK ApS –
BOGENSE AUTO- OG INDUSTRILAKERING ApS –

Employees per year

Number of employees at Selskabet af 19. maj 1992 A/S per year15302009: 620092011: 820112012: 1620122013: 1620132014: 1820142015: 3020152016: 2520162017: 02017

Other companies at the same address

Similar companies in Middelfart

Questions and answers about Selskabet af 19. maj 1992 A/S

Has Selskabet af 19. maj 1992 A/S gone bankrupt?

No, Selskabet af 19. maj 1992 A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Selskabet af 19. maj 1992 A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Selskabet af 19. maj 1992 A/S?

Karl Aage Nielsen is the CEO of Selskabet af 19. maj 1992 A/S.

Who is the auditor of Selskabet af 19. maj 1992 A/S?

Selskabet af 19. maj 1992 A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was Selskabet af 19. maj 1992 A/S founded?

Selskabet af 19. maj 1992 A/S was founded on 19 May 1992.

What is the equity of Selskabet af 19. maj 1992 A/S?

Equity was DKK -307k 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.