Cimbria A/S

CVR 17523716 · Public limited company (A/S) · Active · Low risk

Cimbria A/S is a Public limited company (A/S), founded on , based in Thisted. The company is registered in the industry fremstilling af løfte- og håndteringsudstyr. 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 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 560.2m and a net result of DKK -53.7m. CEO: Steven James Reid.

Bankruptcy risk for Cimbria A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · 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
17523716
Status
Active
Company type
Public limited company (A/S)
Founded
(62 years)
Address
Fårtoftvej 22
7700 Thisted
Municipality
Thisted
Industry
Fremstilling af løfte- og håndteringsudstyr (282200)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 49.0m
Employees
34 (2018)
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late7 of 31
Missing annual reportNo
Negative equityNo
Equity ratio58.4%
Current ratio106%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
RevenueDKK 618.7mDKK 518.5mDKK 787.0m
Gross profitDKK 113.9mDKK -35.2mDKK 129.9m
Net profitDKK -53.7mDKK -278.9mDKK -65.2m
EquityDKK 560.2mDKK 609.0mDKK 793.7m
Total assetsDKK 959.8mDKK 1.1bnDKK 1.1bn
CashDKK 65.1mDKK 183.6m–
Short-term debtDKK 377.7mDKK 339.6m–
Avg. employees317368–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020188 Late
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017151
1 Oct 2015 – 31 Dec 2016150
1 Oct 2014 – 30 Sep 2015152
1 Oct 2013 – 30 Sep 2014146
1 Oct 2012 – 30 Sep 2013151
1 Oct 2011 – 30 Sep 2012148
1 Oct 2010 – 30 Sep 2011139
1 Oct 2009 – 30 Sep 2010143
1 Oct 2008 – 30 Sep 200968
1 Oct 2007 – 30 Sep 2008154
1 Oct 2006 – 30 Sep 2007155
1 Oct 2005 – 30 Sep 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
CEOSteven James ReidCurrent
CEOTorben Toftdahl Olesen
CEOSvend Aage Overgaard Nielsen
CEOLars Bo Makwarth
CEOChristian Krog Andersen
BoardThomas Bang MohrCurrent
BoardLasse Hattesen HangaardCurrent
BoardJacob ThomasCurrent
BoardSteven James ReidCurrent
BoardKarsten Dommerby KristiansenCurrent
BoardKim AndreassenCurrent
BoardErik GravesenCurrent
BoardCarl Peter Hilligsø
BoardPeder Christian Wehl
BoardOle Carl Olsen
BoardPoul Wentzer Licht
BoardOle Christensen
BoardHans Erik Overgaard Nielsen
BoardBørge Hedegaard Svendsen
BoardJens Peter Jensen
BoardJørgen Emil Christensen
BoardJørgen Emil Christensen
BoardErik Søndergaard Andersen
BoardSigurd Dahl
BoardWilly Jensen
BoardAnders Stigaard Sørensen
BoardHenning Roslev Bukh
BoardMogens Wodstrup Madsen
BoardLars Tavs Andersen
BoardEsther Riise Svendsen
BoardOle Torbjørn Toftdahl Olesen
BoardPeter Leschly
BoardArne Johan Mose Sørensen
BoardArne Johan Mose Sørensen
BoardOle Christensen
BoardCarsten Dahlsen
BoardAnders Stigaard Sørensen
BoardNiels Arend Koefoed
BoardMichael Urban Meyer
BoardJørn Bjarne Jensen
BoardPalle Dybdal
BoardPalle Dybdal
BoardSven-Torsten Stork
BoardHenry Bertel Selenius
BoardCarl Håkon Johansson
BoardBjørn Høi Jensen
BoardSven Asbjørn Toftdahl Olesen
BoardJohn Hestehave
BoardGunnar Palme
BoardChristian Otto Sinding
BoardOdd Christopher Hansen
BoardSøren Lindberg
BoardJacob Christian Nielsen Thygesen
BoardJesper Mailind
BoardJan Vestergaard Olsen
BoardSten Kjelstrup
BoardLars Thomassen
BoardPer Asmund Christensen
BoardHenrik Juul Hansen
BoardGareth Ridgwell Whiley
BoardJan Vestergaard Olsen
BoardAlfa Chi Kit Chan
BoardJoachim Braun
BoardChristian Krog Andersen
BoardSøren Sandholm Overgaard
BoardRoger Neil Batkin
BoardRoger Neil Batkin
BoardPalle Dybdal
BoardKjeld Borggaard Nielsen
BoardJens Hellerup Olsen
BoardChristian Krog Andersen
BoardSøren Sandholm Overgaard
BoardStephan Buskies
BoardKim Andreassen
BoardJulia Maria Chwist
BoardJulia Maria Chwist
BoardKarsten Dommerby Kristiansen
BoardHenrik Frost Hansen
BoardMads Lynggaard Lyndrup
Owner (100%)A-AG DK Bidco ApSCurrent
Owner (100%)XBA BIDCO ApS
Owner (100%)AGCO International GmbH
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKPMG P/S

The CEOs' other companies

Torben Toftdahl Olesen – 42 other companies, of which 8 bankrupt

Svend Aage Overgaard Nielsen – 7 other companies

Lars Bo Makwarth – 12 other companies, of which 2 bankrupt

Christian Krog Andersen – 8 other companies

Address history (1 moves)

Fårtoftvej 22, 7700 Thisted
Fårtoftvej 22, 7700 Thisted

Former names

Cimbria A/S – now
A/S CIMBRIA –
CIMBRIA UNIGRAIN LTD. A/S –

Employees per year

Number of employees at Cimbria A/S per year19372011: 2920112012: 3020122013: 2720132014: 3420142015: 3520152016: 3720162017: 3620172018: 342018

Other companies at the same address

Similar companies in Thisted

Questions and answers about Cimbria A/S

Has Cimbria A/S gone bankrupt?

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

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

Steven James Reid is the CEO of Cimbria A/S.

Who is the auditor of Cimbria A/S?

Cimbria A/S most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Cimbria A/S founded?

Cimbria A/S was founded on 26 August 1964.

What is the equity of Cimbria A/S?

Equity was DKK 560.2m 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.