VIKING MALT A/S

CVR 16993409 · Public limited company (A/S) · Active · Low risk

VIKING MALT A/S is a Public limited company (A/S), founded on 1 April 1993, based in Vordingborg. The company is registered in the industry fremstilling af malt. 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. The latest annual report (31 Dec 2025) shows equity of DKK 204.7m and a net result of DKK 38.7m.

Bankruptcy risk for VIKING MALT 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×

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Current ratio200%–500% · bankruptcy rate 3.4%0.39×

Return on assets5%–15% · bankruptcy rate 3.5%0.39×

Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×

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: 16993409
Status: Active
Company type: Public limited company (A/S)
Founded: 1 April 1993 (33 years)
Address: Spirevej 5
4760 Vordingborg
Municipality: Vordingborg
Industry: Fremstilling af malt (110600)
Bankruptcies in the industry: Fremstilling af øl
Share capital: DKK 100.0m
Employees: 29 (2018)
Auditor: EY Godkendt Revisionspartnerselskab
Audit opted out: No

Warning signs

Annual reports filed late	1 of 30
Missing annual report	No
Negative equity	No
Equity ratio	75.5%
Current ratio	268%
Moves (last 2 years)	0
CEO changes in total	6
CEO's previous bankruptcies	0
Other companies at the address	0
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Revenue	DKK 484.0m	DKK 516.1m	DKK 559.7m
Gross profit	DKK 129.1m	DKK 123.8m	DKK 117.4m
Net profit	DKK 38.7m	DKK 31.6m	DKK 24.7m
Equity	DKK 204.7m	DKK 196.0m	DKK 187.4m
Total assets	DKK 270.9m	DKK 268.1m	DKK 281.9m
Cash	DKK 3,000	DKK 3,000	–
Short-term debt	DKK 60.3m	DKK 66.6m	–
Tax owed	DKK 90k	DKK 0	–
Avg. employees	39	39	–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	15 Apr 2026	105
1 Jan 2024 – 31 Dec 2024	11 Apr 2025	101
1 Jan 2023 – 31 Dec 2023	30 Apr 2024	121
1 Jan 2022 – 31 Dec 2022	17 Apr 2023	107
1 Jan 2021 – 31 Dec 2021	26 Apr 2022	116
1 Jan 2020 – 31 Dec 2020	12 May 2021	132
1 Jan 2019 – 31 Dec 2019	4 May 2020	125
1 Jan 2018 – 31 Dec 2018	1 May 2019	121
1 Jan 2017 – 31 Dec 2017	8 Apr 2018	98
1 Jan 2016 – 31 Dec 2016	20 Apr 2017	110
1 Jan 2015 – 31 Dec 2015	16 Mar 2016	76
1 Jan 2014 – 31 Dec 2014	5 May 2015	125
1 Jan 2013 – 31 Dec 2013	22 May 2014	142
1 Jan 2012 – 31 Dec 2012	14 May 2013	134
1 Jan 2011 – 31 Dec 2011	3 Jun 2012	155
1 Jan 2010 – 31 Dec 2010	24 May 2011	144
1 Jan 2009 – 31 Dec 2009	29 Mar 2010	88
1 Jan 2008 – 31 Dec 2008	17 May 2009	137
1 Jan 2007 – 31 Dec 2007	20 May 2008	141
1 Jan 2006 – 31 Dec 2006	29 May 2007	149

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	Per Emil Hasselbalch Stakemann	1 Apr 1993	12 Jul 1994
CEO	Hans Henrik Schmidt	1 Apr 1993	27 Apr 1995
CEO	Mogens Lund	30 Mar 1995	31 Dec 1996
CEO	Kim Gubbi Jørgensen	1 Jan 1997	30 Apr 2019
Board	Pär-Gustaf Relander	11 May 2016	Current
Board	Hans Kasper Madsen	30 Sep 2017	Current
Board	Teemu Jarno Tuomas Pohjola	6 Apr 2021	Current
Board	Hans Christian Galst	1 Apr 1993	12 Jul 1994
Board	Ulf Svejgaard Poulsen	1 Apr 1993	12 Jul 1994
Board	Bent Grosen Rasmussen	1 Apr 1993	22 Jan 1999
Board	Per Emil Hasselbalch Stakemann	1 Apr 1993	12 Jul 1994
Board	Sven Gjevert Petersen	1 Apr 1993	22 Jan 1999
Board	Kaj Nielsen	1 Apr 1993	19 Feb 2001
Board	Donald Charles Smith	1 Apr 1993	22 Jan 1999
Board	Peter Lawrence Myers	1 Apr 1993	22 Jan 1999
Board	Thomas Lon Manuel	1 Apr 1993	22 Jan 1999
Board	Svend Erik Albrethsen	17 Dec 1996	22 Jan 1999
Board	Per Brøndum Andersen	17 Dec 1996	19 Feb 2001
Board	Jette Wigand Knudsen	17 Dec 1996	22 Jan 1999
Board	Michael David Walter	17 Dec 1996	22 Jan 1999
Board	Duncan MacRae	17 Dec 1996	22 Jan 1999
Board	Ian Wilton	17 Dec 1996	22 Jan 1999
Board	Preben Østergaard Jensen	22 Jan 1999	8 May 2002
Board	Michael Christian Stig Iuul	22 Jan 1999	23 Nov 1999
Board	Lars Kjær	22 Jan 1999	23 Nov 1999
Board	Nils Smedegaard Andersen	23 Nov 1999	19 Feb 2001
Board	John Jagd	19 Feb 2001	8 May 2002
Board	Henrik Arent Fastholm	8 May 2002	21 Aug 2006
Board	Erik Juul Rasmussen	8 May 2002	17 Aug 2007
Board	Helge Jacobsen	24 Mar 2004	31 May 2007
Board	Paul Assar Bergqvist	24 Mar 2004	8 Feb 2006
Board	Jørn Peter Jensen	8 Feb 2006	30 Sep 2015
Board	Hans Henrik Schmidt	21 Aug 2006	31 May 2007
Board	Jacob Andersen	31 May 2007	9 Jun 2008
Board	Bengt Göran Erlandsson	31 May 2007	11 May 2016
Board	Hans Kasper Madsen	17 Aug 2007	10 Jun 2011
Board	Jean-Sébastien Raymond Fornes	11 Jun 2008	8 Mar 2012
Board	Ilya Krapivin	27 Jul 2011	30 Sep 2013
Board	Birgitte Skadhauge	26 Sep 2011	11 May 2016
Board	Lars Peter Nilsson	12 Mar 2012	8 Nov 2012
Board	Myriam Shingleton	12 Mar 2012	15 Oct 2013
Board	Michael Jakob	8 Nov 2012	11 May 2016
Board	Gennady Gushcin	30 Sep 2013	11 May 2016
Board	Jan Thieme Rasmussen	30 Sep 2015	11 May 2016
Board	Antti Paavo Orkola	11 May 2016	22 Sep 2017
Board	Anne Inkeri Sointu	11 May 2016	6 Apr 2021
Owner (100%)	Viking Malt Oy	11 May 2016	Current
Owner (100%)	CARLSBERG BREWERIES A/S	2 Jan 2001	10 May 2016
Auditor	EY Godkendt Revisionspartnerselskab	9 Apr 2026	Current
Auditor	Erik Tronborg Andersen	1 Apr 1993	12 Jul 1994
Auditor	CJ Partnership I/S	1 Apr 1993	19 Feb 2001
Auditor	PricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab	19 Feb 2001	10 Oct 2007
Auditor	CJ Partnership I/S	10 Oct 2007	16 Dec 2008
Auditor	EY Godkendt Revisionspartnerselskab	16 Dec 2008	8 May 2014
Auditor	KPMG P/S	8 May 2014	11 May 2016
Auditor	PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB	11 May 2016	9 Apr 2026
Founder	VX 10.312 ApS	1 Apr 1993	Current
Founder	MEDIMEX ApS	1 Apr 1993	Current
Founder	ApS KBIL 9 NR. 1008	1 Apr 1993	Current

The CEOs' other companies

Per Emil Hasselbalch Stakemann – 45 other companies, of which 45 bankrupt

"HEDEVANG MØBLER A/S" Bankrupt 27 Nov 1990
"J.A.M. TRANSPORTBÅND A/S" Bankrupt 18 Aug 1993
"NELLE'S RENGØRING A/S" Bankrupt 16 Jul 1990
'HG 405 PAVIA AF HIRTSHALS ApS' Bankrupt 4 Jul 2007
'ZOO-TEX ApS' Bankrupt 25 Nov 2016
02 HOLDING A/S Bankrupt 16 Oct 2008
09.28 ANNO 2007 ApS Bankrupt 13 Feb 2009
1/7 1987 A/S Bankrupt 21 Aug 2003
100 GB ApS Bankrupt 5 May 1994
11 DESIGN A/S Bankrupt 28 Apr 2015
1356 INVEST ApS Bankrupt 8 Apr 2011
15/11 1990 A/S Bankrupt 11 Oct 1994
15689382 ApS Bankrupt 26 Jun 2017
19.09.2021 ApS Bankrupt 8 Dec 2023
23/5 914 ApS Bankrupt 25 Jun 1991
3 X 65 SERVICE ApS Bankrupt 3 Mar 1997
3 X P A/S Bankrupt 10 Sep 1990
31.12.2007 X A/S Bankrupt 28 Oct 2008
3B DEVELOPMENT GROUP ApS Bankrupt 2 Nov 2006
4 FONTANE ApS Bankrupt 2 Oct 2002
4A MANAGEMENT ApS Bankrupt 7 May 1992
7 9 13 FORSIKRINGSERVICE ApS Bankrupt 20 Mar 2024
A - INFORMATIK A/S Bankrupt 9 Oct 2013
A J J FINANS NR. 1 ApS Bankrupt 23 Feb 1995
A'SHARQ TV ApS Bankrupt 26 Nov 1992
A-T SPECIALENTREPRICE ApS Bankrupt 3 Aug 2001
A. K. OLIE ApS Bankrupt 18 Nov 2008
A. UNO ApS Bankrupt 19 Jan 1996
A.B. BYG ApS Bankrupt 4 Dec 1996
A.H. GRAFIK ApS Bankrupt 23 Jan 1990

Hans Henrik Schmidt – 13 other companies

A/S DANISH FOOD SERVICE Fusioneret
Barley 1 A/S Active
COCA-COLA NORDIC BEVERAGES A/S Opløst
EJENDOMSAKTIESELSKABET TUBORG NORD B Opløst
EJENDOMSAKTIESELSKABET TUBORG NORD D Opløst
Home of Carlsberg A/S Active
INVESTERINGSSELSKABET AF 17. JANUAR 1991 A/S Opløst
INVESTERINGSSELSKABET AF 29. OKTOBER 1962 A/S Fusioneret
Kamhusene ApS Active
NEPKO A/S Fusioneret
PEPTECH(EUROPE) HOLDING A/S Opløst
UNITED BREWERIES INTERNATIONAL LIMITED A/S Fusioneret
VERSAMATRIX A/S Opløst

Kim Gubbi Jørgensen – 3 other companies

Address history (1 moves)

17 Nov 2011	Spirevej 5, 4760 Vordingborg
1 Apr 1993	Spirevej 5, 4760 Vordingborg

Former names

VIKING MALT A/S	11 May 2016 – now
DANISH MALTING GROUP A/S	13 Jul 1994 – 10 May 2016
A/S PSE NR. 4791	1 Apr 1993 – 12 Jul 1994

Employees per year

Questions and answers about VIKING MALT A/S

Has VIKING MALT A/S gone bankrupt?

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

What is the bankruptcy risk of VIKING MALT 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 VIKING MALT A/S?

VIKING MALT A/S most recently used EY Godkendt Revisionspartnerselskab.

When was VIKING MALT A/S founded?

VIKING MALT A/S was founded on 1 April 1993.

What is the equity of VIKING MALT A/S?

Equity was DKK 204.7m 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.