DANREC A/S

CVR 16171700 · Public limited company (A/S) · Active · Low risk

DANREC A/S is a Public limited company (A/S), founded on , based in Karup J. The company is registered in the industry fremstilling af plader, ark, rør og slanger samt profiler af plast. 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, 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 26.7m and a net result of DKK 11.5m.

Bankruptcy risk for DANREC 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

Number of CEOs0 · bankruptcy rate 12.7%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×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
16171700
Status
Active
Company type
Public limited company (A/S)
Founded
(34 years)
Address
Vandværksvej 5
7470 Karup J
Municipality
Viborg
Industry
Fremstilling af plader, ark, rør og slanger samt profiler af plast (222100)
Bankruptcies in the industry: Fremstilling af andre plastprodukter
Share capital
DKK 500k
Employees
11 (2018)
Auditor
ULLITS & WINTHER STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 31
Missing annual reportNo
Negative equityNo
Equity ratio30.2%
Current ratio250%
Moves (last 2 years)0
CEO changes in total17
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 44.8mDKK 38.6m
Net profitDKK 11.5mDKK 11.7m
EquityDKK 26.7mDKK 26.9m
Total assetsDKK 88.3mDKK 59.6m
CashDKK 9.3m–
Short-term debtDKK 12.6m–
Tax owedDKK 2.6m–
Avg. employees31–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Ullits & Winther, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202597
1 Jan 2024 – 31 Dec 2024104
1 Jan 2023 – 31 Dec 202396
1 Jan 2022 – 31 Dec 2022102
1 Jan 2021 – 31 Dec 202163
1 Jan 2020 – 31 Dec 202098
1 Jan 2019 – 31 Dec 2019107
1 Jan 2018 – 31 Dec 2018113
1 Jan 2017 – 31 Dec 2017114
1 Jan 2016 – 31 Dec 2016101
1 Jan 2015 – 31 Dec 2015111
1 Jan 2014 – 31 Dec 2014142
1 Jan 2013 – 31 Dec 2013114
1 Jan 2012 – 31 Dec 2012152
1 Jan 2011 – 31 Dec 2011134
1 Jan 2010 – 31 Dec 2010102
1 Jan 2009 – 31 Dec 2009117
1 Jan 2008 – 31 Dec 2008141
1 Jan 2007 – 31 Dec 200799
1 Jan 2006 – 31 Dec 2006186 Late

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
CEOUlf Svejgaard Poulsen
CEOFinn Hjøllund Jensen
CEOMichael Averhoff
CEORudiger Schroder
CEOGabriele Ilse Weidmann
CEOPeter Adam
CEOBo Jörgen Sabel
CEOPeter Bay
CEOJarl Anders Hillertz
CEODetlev Soppert
CEOPeter Aarup Dahse
BoardKarsten PanowCurrent
BoardPeter AdamCurrent
BoardPatricia WesselsCurrent
BoardPer Hansen
BoardKeld Viggo Rasmussen
BoardPer Emil Hasselbalch Stakemann
BoardKjeld Merstrand
BoardHans-Christoph Høhl
BoardIvan Flemming Rasmussen
BoardRudiger Schroder
BoardRudiger Schroder
BoardBodo Adolf Baars
BoardRolf Fischer
BoardGabriele Ilse Weidmann
BoardJaap Frederik van Engers
BoardPeter Adam
BoardThomas Konig
BoardAage Kristian Boll Mikkelsen
BoardThore Ludwig
BoardKjeld Merstrand
BoardChristopher Schröder
BoardPeter Adam
BoardGiovanni Catania
BoardTilman Felshart
BoardBirgitta Elisabet Sandbacka Lundh
BoardMartin Andreas Gruner
BoardDetlev Soppert
Owner (100%)DAW Beteiligungs GmbHCurrent
AuditorULLITS & WINTHER STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorErik Tronborg Andersen
AuditorSR, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorUllits & Winther Statsautoriserederevisorer I/S
FounderA/S PSE NR. 1285Current

The CEOs' other companies

Ulf Svejgaard Poulsen – 60 other companies, of which 60 bankrupt

Finn Hjøllund Jensen – 1 other companies

Michael Averhoff – 8 other companies, of which 1 bankrupt

Peter Bay – 2 other companies

Address history (1 moves)

Vandværksvej 5, 7470 Karup J
Vandværksvej 5, 7470 Karup J

Former names

DANREC A/S – now
DANREC KARUP ApS –
ApS KBIL 3 NR. 1248 –

Employees per year

Number of employees at DANREC A/S per year6112011: 620112012: 520122013: 520132014: 520142015: 520152016: 620162017: 620172018: 112018

Similar companies in Viborg

Questions and answers about DANREC A/S

Has DANREC A/S gone bankrupt?

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

What is the bankruptcy risk of DANREC 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 auditor of DANREC A/S?

DANREC A/S most recently used ULLITS & WINTHER STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was DANREC A/S founded?

DANREC A/S was founded on 1 March 1992.

What is the equity of DANREC A/S?

Equity was DKK 26.7m 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.