ID FURNITURE FRANCHISING A/S

CVR 17706977 · Public limited company (A/S) · Active · Low risk

ID FURNITURE FRANCHISING A/S is a Public limited company (A/S), founded on , based in Sabro. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. 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 Aug 2025) shows equity of DKK 10.7m and a net result of DKK 276k.

Bankruptcy risk for ID FURNITURE FRANCHISING 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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
17706977
Status
Active
Company type
Public limited company (A/S)
Founded
(32 years)
Address
Damvej 9
8471 Sabro
Municipality
Aarhus
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
4 (2000)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 30
Missing annual reportNo
Negative equityNo
Equity ratio99.2%
Current ratio11,846%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address14
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 96kDKK -6,100
Net profitDKK 276kDKK 295k
EquityDKK 10.7mDKK 10.4m
Total assetsDKK 10.8mDKK 10.5m
Short-term debtDKK 91k–
Tax owedDKK 78k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Sep 2024 – 31 Aug 2025113
1 Sep 2023 – 31 Aug 2024121
1 Sep 2022 – 31 Aug 2023145
1 Sep 2021 – 31 Aug 2022146
1 Sep 2020 – 31 Aug 2021148
1 Sep 2019 – 31 Aug 2020155
1 Sep 2018 – 31 Aug 2019153
1 Sep 2017 – 31 Aug 2018161
1 Sep 2016 – 31 Aug 2017162
1 Sep 2015 – 31 Aug 2016153
1 Sep 2014 – 31 Aug 2015156
1 Apr 2013 – 31 Aug 2014156
1 Apr 2012 – 31 Mar 2013179
1 Apr 2011 – 31 Mar 201290
1 Apr 2010 – 31 Mar 2011157
1 Apr 2009 – 31 Mar 2010154
1 Apr 2008 – 31 Mar 2009160
1 Jan 2007 – 31 Dec 2007195 Late
1 Jan 2006 – 31 Dec 2006140
1 Jan 2005 – 31 Dec 2005123

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
CEOTorben Ingemann Petersen
CEOMikael Thinghuus
CEOSøren Jørgensen
BoardMartin KroghCurrent
BoardHenrik MadsenCurrent
BoardKim Møller MønsterCurrent
BoardAnders Bøgh Andersen
BoardTorben Ingemann Petersen
BoardKnud Riis Johansen
BoardTerkild J Terkildsen
BoardPer Lautrup Thomsen
BoardArne Maul
BoardJohn Rohde-Madsen
BoardErnst Marius Madsen
BoardLars Bilde
BoardThomas Torp Christensen
BoardErik Gerlings
BoardSimon Stampe
BoardPer Kampmann
BoardJens Ole Nordgaard Hansen
BoardMikael Thinghuus
BoardRené Buchardt Hansen
BoardThorbjørn Sejer Jensen
BoardSøren Jørgensen
BoardSøren Lindgaard
BoardAnne-Marie Krog
BoardMichael August Bonde Christiansen
BoardJakob Graasbøll Enemark
BoardPiet Klein
BoardMark Wodstrup Betzer
BoardMartin Hallund
BoardRami Jensen
BoardMartin Krogh
BoardMartin Hallund
BoardPeter Dornonville de la Cour Andsager
Owner (100%)ILVA A/SCurrent
Owner (100%)IDDESIGN BUSINESS A/S
Owner (100%)ILVA A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorJohnny Ole Berggreen Osmark
AuditorERNST & YOUNG DENMARK P/S
FounderINBODAN HOLDING A/SCurrent
FounderTerkild J Terkildsen

The CEOs' other companies

Torben Ingemann Petersen – 2 other companies, of which 1 bankrupt

Mikael Thinghuus – 56 other companies, of which 2 bankrupt

Address history (2 moves)

Damvej 9, 8471 Sabro
Damvej 9, 8471 Sabro
Søndre Ringvej 35A, 2605 Brøndby

Employees per year

Number of employees at ID FURNITURE FRANCHISING A/S per year7131997: 1319971998: 1219981999: 1019992000: 42000

Other companies at the same address

Similar companies in Aarhus

Questions and answers about ID FURNITURE FRANCHISING A/S

Has ID FURNITURE FRANCHISING A/S gone bankrupt?

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

What is the bankruptcy risk of ID FURNITURE FRANCHISING 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 ID FURNITURE FRANCHISING A/S?

ID FURNITURE FRANCHISING A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was ID FURNITURE FRANCHISING A/S founded?

ID FURNITURE FRANCHISING A/S was founded on 23 March 1994.

What is the equity of ID FURNITURE FRANCHISING A/S?

Equity was DKK 10.7m according to the annual report for the period ending 31 August 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.