SCHULTZ SEATING GROUP A/S

CVR 16875996 · Public limited company (A/S) · Active · Low risk

SCHULTZ SEATING GROUP A/S is a Public limited company (A/S), founded on , based in Galten. The company is registered in the industry fremstilling af låse og hængsler. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 7.1m and a net result of DKK -18.1m.

Bankruptcy risk for SCHULTZ SEATING GROUP A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Reporting classReporting class C, mellemstor virksomhed · 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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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
16875996
Status
Active
Company type
Public limited company (A/S)
Founded
(33 years)
Address
Røddikvej 72
8464 Galten
Municipality
Skanderborg
Industry
Fremstilling af låse og hængsler (256200)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 500k
Employees
27 (2018)
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 30
Missing annual reportNo
Negative equityNo
Equity ratio11.1%
Current ratio131%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 25.7mDKK 30.9m
Gross profitDKK 6.6mDKK 9.7m
Net profitDKK -18.1mDKK -16.5m
EquityDKK 7.1mDKK 24.9m
Total assetsDKK 64.1mDKK 66.1m
CashDKK 182k–
Short-term debtDKK 40.8m–
Tax owedDKK 0–
Avg. employees18–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025212 Late
1 May 2023 – 30 Apr 2024195 Late
1 May 2022 – 30 Apr 2023184 Late
1 May 2021 – 30 Apr 2022149
1 May 2020 – 30 Apr 2021153
1 May 2019 – 30 Apr 2020164
1 May 2018 – 30 Apr 2019139
1 May 2017 – 30 Apr 2018151
1 May 2016 – 30 Apr 2017148
1 May 2015 – 30 Apr 2016156
1 May 2014 – 30 Apr 2015151
1 May 2013 – 30 Apr 2014149
1 May 2012 – 30 Apr 2013154
1 May 2011 – 30 Apr 2012142
1 May 2010 – 30 Apr 2011149
1 May 2009 – 30 Apr 2010145
1 May 2008 – 30 Apr 2009151
1 May 2007 – 30 Apr 2008154
1 May 2006 – 30 Apr 2007148
1 May 2005 – 30 Apr 2006137

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
CEOJørgen Schultz Christensen
BoardKristian Maan TokkesdalCurrent
BoardAnders Nørgaard KierCurrent
BoardSanne Birk NebbegaardCurrent
BoardLissi Lundkvist Christensen
BoardBirgit Madsen
BoardKristian Møller
BoardCarsten Møller
BoardOle Søren Nebbegaard
BoardOle Lundkvist Andreasen
BoardAllan Hvidbjerg Laxby
BoardJens Aage Jerslev
BoardPoul Kristian Mouritsen
BoardJørgen Schultz Christensen
BoardDitte Birk Nebbegaard
BoardAlis Sindbjerg Hinrichsen
Owner (100%)SCHULTZ SEATING HOLDING ApSCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
FounderApS JØRGEN SCHULTZ CHRISTENSEN. GALTENCurrent
FounderJSC INVEST ApSCurrent
FounderJSC FINANS ApSCurrent

The CEOs' other companies

Jørgen Schultz Christensen – 16 other companies, of which 1 bankrupt

Address history (1 moves)

Røddikvej 72, 8464 Galten
Røddikvej 72, 8464 Galten

Former names

SCHULTZ SEATING GROUP A/S – now
SCHULTZ SEATING DENMARK A/S –
SCHULTZ SEATING SYSTEM A/S –
A/S P. SCHULTZ & CO MASKINFABRIK –
JSC-3.001 A/S –

Employees per year

Number of employees at SCHULTZ SEATING GROUP A/S per year15292011: 2820112012: 2620122013: 2420132014: 2920142015: 2620152016: 2520162017: 2620172018: 272018

Other companies at the same address

Questions and answers about SCHULTZ SEATING GROUP A/S

Has SCHULTZ SEATING GROUP A/S gone bankrupt?

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

What is the bankruptcy risk of SCHULTZ SEATING GROUP A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of SCHULTZ SEATING GROUP A/S?

SCHULTZ SEATING GROUP A/S most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was SCHULTZ SEATING GROUP A/S founded?

SCHULTZ SEATING GROUP A/S was founded on 14 April 1993.

What is the equity of SCHULTZ SEATING GROUP A/S?

Equity was DKK 7.1m 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.