MINERVA GROUP A/S
CVR 17630784 · Public limited company (A/S) · Active · Low risk
MINERVA GROUP A/S is a Public limited company (A/S), founded on , based in Aarhus N. The company is registered in the industry computerprogrammering. 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 7.4m and a net result of DKK 4.5m.
Bankruptcy risk for MINERVA GROUP 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
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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
- 17630784
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (32 years)
- Address
- Åbogade 15
8200 Aarhus N - Municipality
- Aarhus
- Industry
- Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi - Share capital
- DKK 1.0m
- Employees
- 15 (2018)
- Auditor
- BDO Statsautoriseret Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 1 of 30 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 21.9% |
| Current ratio | 124% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 4 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 288 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 24.7m | DKK 24.7m | DKK 32.3m |
| Net profit | DKK 4.5m | DKK 4.2m | DKK 2.8m |
| Equity | DKK 7.4m | DKK 24.9m | DKK 20.7m |
| Total assets | DKK 33.9m | DKK 54.4m | DKK 52.8m |
| Cash | DKK 17.6m | DKK 11.1m | – |
| Short-term debt | DKK 26.5m | DKK 29.1m | – |
| Tax owed | DKK 1.8m | DKK 2.0m | – |
| Avg. employees | 13 | 14 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 174 | ||
| 1 Jan 2024 – 31 Dec 2024 | 174 | ||
| 1 Jan 2023 – 31 Dec 2023 | 173 | ||
| 1 Jun 2021 – 31 May 2022 | 161 | ||
| 1 Jun 2020 – 31 May 2021 | 151 | ||
| 1 Jun 2019 – 31 May 2020 | 136 | ||
| 1 Jun 2018 – 31 May 2019 | 122 | ||
| 1 Jun 2017 – 31 May 2018 | 125 | ||
| 1 Jun 2016 – 31 May 2017 | 132 | ||
| 1 Jun 2015 – 31 May 2016 | 155 | ||
| 1 Jun 2014 – 31 May 2015 | 135 | ||
| 1 Jun 2013 – 31 May 2014 | 104 | ||
| 1 Jun 2012 – 31 May 2013 | 101 | ||
| 1 Jun 2011 – 31 May 2012 | 136 | ||
| 1 Jun 2010 – 31 May 2011 | 134 | ||
| 1 Jun 2009 – 31 May 2010 | 143 | ||
| 1 Jun 2008 – 31 May 2009 | 158 | ||
| 1 Jun 2007 – 31 May 2008 | 106 | ||
| 1 Jun 2006 – 31 May 2007 | 83 | ||
| 1 Jun 2005 – 31 May 2006 | 111 |
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 | Asger Thierry | ||
| CEO | Erling Borcher | ||
| CEO | Roque Martin | ||
| Board | Lalitha Gunturi Ranganath | Current | |
| Board | William George Porter | Current | |
| Board | Leon Lauritsen | Current | |
| Board | Asger Thierry | ||
| Board | Kurt Skovlund | ||
| Board | Bent Søren Kjeldsen | ||
| Board | Erling Borcher | ||
| Board | Jørgen Boe | ||
| Board | John Michael Caines | ||
| Board | Peter Møller Sørensen | ||
| Board | Leon Lauritsen | ||
| Board | Hans Olesen Damgaard | ||
| Board | Pauli Blegind Vadstrup | ||
| Board | Jens Søgaard Jørgensen | ||
| Board | Anders Kristian Hansen | ||
| Board | Svend Ole Espensen | ||
| Board | Jørgen Vilhelm Løvenørn Bardenfleth | ||
| Board | Ida Elisabeth Bratting Kongsted | ||
| Board | May Wenche Strømsnes | ||
| Board | Mikael Lyngsø | ||
| Board | Klaus Kirk Jensen | ||
| Board | Roque Martin | ||
| Board | Andrew John Kokoska | ||
| Owner (100%) | Patriot Holding ApS | Current | |
| Owner (50%) | NORTH BEACH HOLDING ApS | ||
| Owner (20%) | PEMMA ApS | ||
| Owner (20%) | IEL ApS | ||
| Owner (33%) | NORTH BEACH HOLDING ApS | ||
| Owner (25%) | PEMMA ApS | ||
| Owner (25%) | IEL ApS | ||
| Owner (10%) | Minerva Employees ApS | ||
| Owner (25%) | NORTH BEACH HOLDING ApS | ||
| Owner (20%) | PEMMA ApS | ||
| Owner (20%) | IEL ApS | ||
| Owner (10%) | Kirk Jensen Holding ApS | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | Current | |
| Auditor | PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | CJ Partnership I/S | ||
| Auditor | PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | KPMG P/S | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Founder | KR 332 ApS | Current |
The CEOs' other companies
Asger Thierry – 24 other companies, of which 5 bankrupt
- 31.05.2010 ApS Bankrupt 12 Jul 2010
- DELANO MINERVA ApS Bankrupt 25 Feb 2002
- Datoselskabet af 12. april 2019 ApS Bankrupt 28 May 2019
- IHLMO INVESTO ApS Bankrupt 13 Dec 1993
- S MARKETING & EVENT ApS Bankrupt 12 Jul 2013
- ADVODAN A/S Active
- Biamp Denmark A/S Active
- CHEKO DAN ApS Opløst
- CYPAX A/S Active
- DAN-HILL-PLAST A/S Fusioneret
- DELANO MINERVA HOLDING ApS Compulsorily dissolved
- JYSK DATA PARTNER ApS Opløst
- MEKA-SIGN REKLAME ApS Opløst
- MINERVA DANMARK A/S Fusioneret
- MINERVA HOLDING ApS Opløst
- MINERVA MANAGEMENT A/S Opløst
- MINERVA MS CRM ApS Opløst
- Minerva Employees ApS Active
- NORTH BEACH HOLDING ApS Active
- OPTIPEOPLE ApS Active
- Optipeople Holding ApS Active
- PA INVEST AF 12.06.08 A/S Active
- SELSKABET AF 16. OKTOBER 1999 A/S Fusioneret
- Steel Products Aage Østergaard A/S Active
Erling Borcher – 44 other companies, of which 17 bankrupt
- AB SONIC INTERNATIONAL ApS Bankrupt 1 Jun 1992
- AJVA A/S AF 1995 Bankrupt 21 Sep 1995
- AKTIESELSKABET AF 22.11.1994 Bankrupt 23 Mar 2000
- BERGER PLUS PRINT PROMOTION A/S Bankrupt 2 Mar 2023
- BMP DATA CITY ApS Bankrupt 22 Mar 1995
- BURGESS HOLDING A/S Bankrupt 20 Apr 2009
- COMMODORE SCANDINAVIA A/S Bankrupt 5 Jan 1995
- CP AF 20. AUGUST 1998 A/S Bankrupt 20 Aug 1998
- DAHLHE A/S Bankrupt 16 Dec 2003
- DHABI1 ApS Bankrupt 13 Apr 2012
- EJENDOMSAKTIESELSKABET MATR. NR. 13 AU ISHØJ Bankrupt 14 Nov 2001
- EJENDOMSMÆGLERFIRMAET JØRGEN STEVE & CO. ApS Bankrupt 20 Apr 2015
- EJENDOMSMÆGLERFIRMAET JØRGEN STEVE& CO.. ØSTER HURUP ApS Bankrupt 13 Apr 2015
- FAVOR TRAVEL A/S Bankrupt 12 Jun 2003
- HANDELSSELSKABET AF 24/1 2011 A/S Bankrupt 25 Jan 2011
- IMAGESELSKABET A/S Bankrupt 4 Dec 2001
- SAS HOLDING ApS Bankrupt 5 Jul 2013
- 4 K - OLIE A/S Opløst
- A/S EUROPEAN AGROINDUSTRIAL DEVELOPMENT CO. Opløst
- AC SEAFOOD DANMARK ApS Opløst
- ACUSON A/S Fusioneret
- ADMINISTRATION ApS Opløst
- ADVOKATFIRMAET KROMANN REUMERT INTERNATIONAL A/S Active
- AKTIESELSKABET AF 21. MAJ 1992 Active
- AKTIESELSKABET AF 7. MAJ 1997 Opløst
- ALSO A/S Active
- ALTO PROPERTY A/S Opløst
- AMERICAN BREEDERS SERVICE DANMARK A/S Opløst
- ANPARTSSELSKABET BA AF 27/12 1993 Opløst
- ARJO INTERNATIONAL FINANCE A/S Opløst
Address history (2 moves)
| Åbogade 15, 8200 Aarhus N | |
| Hasselager Centervej 29, 8260 Viby J | |
| Brendstrupgårdsvej 13, 8200 Århus N |
Former names
| MINERVA GROUP A/S | – now |
| MINERVA HOLDING A/S | – |
| MINERVA DANMARK A/S | – |
| KM 82 A/S | – |
Employees per year
Other companies at the same address
- ACCOUNT IT ApS Bankrupt
- ANPARTSSELSKABET AF 1. JUNI 2011 Bankrupt
- Apidemia IVS Bankrupt
- BESURE ApS Bankrupt
- CATPOINT A/S Bankrupt
- CDX HOLDING ApS Bankrupt
- CGADS ApS Bankrupt
- CLAUS BANG OLSEN HOLDING ApS Bankrupt
- CLICKMATE ApS Bankrupt
- CURE4YOU ApS Bankrupt
- DITA EXCHANGE ApS Bankrupt
- Danmark Merro ApS Bankrupt
- Dokview ApS Bankrupt
- Dokview ApS Bankrupt
- ELO DIGITAL NORDIC ApS Bankrupt
- ELO Digital Nordic ApS Bankrupt
- Executive Control A/S Bankrupt
- HUMAN TECHNOLOGIES ApS Bankrupt
- INNATER ApS Bankrupt
- LILIENHOJ ApS Bankrupt
- LOKAL SNERYDNING ApS Bankrupt
- Leasing consult ApS Bankrupt
- OKHOLM INFORMATIK A/S Bankrupt
- Selskab af 01.09.2011 ApS Bankrupt
- UPSIDE DENMARK ApS Bankrupt
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Questions and answers about MINERVA GROUP A/S
Has MINERVA GROUP A/S gone bankrupt?
No, MINERVA GROUP A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of MINERVA GROUP 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 MINERVA GROUP A/S?
MINERVA GROUP A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.
When was MINERVA GROUP A/S founded?
MINERVA GROUP A/S was founded on 7 February 1994.
What is the equity of MINERVA GROUP A/S?
Equity was DKK 7.4m 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.