ODENSE LAVPRIS TØMMERHANDEL A/S

CVR 17919032 · Public limited company (A/S) · Active · Low risk

ODENSE LAVPRIS TØMMERHANDEL A/S is a Public limited company (A/S), founded on , based in Odense C. The company is registered in the industry detailhandel med byggematerialer og værktøj. 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 Dec 2025) shows equity of DKK 81.6m and a net result of DKK 5.3m. CEO: Morten Møller Nørgaard.

Bankruptcy risk for ODENSE LAVPRIS TØMMERHANDEL 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

CEO's other companies0 · bankruptcy rate 10.9%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Return on assets5%–15% · 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
17919032
Status
Active
Company type
Public limited company (A/S)
Founded
(32 years)
Address
Lumbyvej 75
5000 Odense C
Municipality
Odense
Industry
Detailhandel med byggematerialer og værktøj (475220)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 631k
Employees
13 (2018)
Auditor
DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 31
Missing annual reportNo
Negative equityNo
Equity ratio92.6%
Current ratio1,359%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 11.0mDKK 8.2m
Net profitDKK 5.3mDKK 3.2m
EquityDKK 81.6mDKK 76.8m
Total assetsDKK 88.1mDKK 82.8m
CashDKK 51.1m–
Short-term debtDKK 4.9m–
Tax owedDKK 917k–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · DANSK REVISION ODENSE.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 2023162
1 Jan 2022 – 31 Dec 2022164
1 Jan 2021 – 31 Dec 2021152
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019188 Late
1 Jan 2018 – 31 Dec 2018147
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015161
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012145
1 Jan 2011 – 31 Dec 2011163
1 Jan 2010 – 31 Dec 2010143
1 Jan 2009 – 31 Dec 2009152
1 Jan 2008 – 31 Dec 2008141
1 Jan 2007 – 31 Dec 2007136
1 Jan 2006 – 31 Dec 2006151

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
CEOMorten Møller NørgaardCurrent
CEOMads Møller Nørgaard
CEOMads Møller Nørgaard
BoardMorten Møller NørgaardCurrent
BoardAnna Laura Bonkegaard NørgaardCurrent
BoardBirgit PedersenCurrent
BoardMads Møller Nørgaard
BoardMette Pedersen
Owner (100%)Morten Møller NørgaardCurrent
AuditorDANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKABCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorHØFFNER REVISION A/S OFFENTLIGT GODKENDTE REVISORER
AuditorMH INVEST AF 02.01.1985 ApS
AuditorEY Godkendt Revisionspartnerselskab
AuditorFER Fyns Erhvervsrevision I/S
FounderMads Møller NørgaardCurrent
FounderMorten Møller NørgaardCurrent
FounderMette PedersenCurrent
FounderAnna Laura Bonkegaard NørgaardCurrent

The CEOs' other companies

Morten Møller Nørgaard – 2 other companies

Mads Møller Nørgaard – 3 other companies

Address history (1 moves)

Lumbyvej 75, 5000 Odense C
Lumbyvej 75, 5000 Odense C

Employees per year

Number of employees at ODENSE LAVPRIS TØMMERHANDEL A/S per year9172011: 1620112012: 1320122013: 1120132014: 1720142015: 1620152016: 1520162017: 1520172018: 132018

Other companies at the same address

Similar companies in Odense

Questions and answers about ODENSE LAVPRIS TØMMERHANDEL A/S

Has ODENSE LAVPRIS TØMMERHANDEL A/S gone bankrupt?

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

What is the bankruptcy risk of ODENSE LAVPRIS TØMMERHANDEL 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 ODENSE LAVPRIS TØMMERHANDEL A/S?

Morten Møller Nørgaard is the CEO of ODENSE LAVPRIS TØMMERHANDEL A/S.

Who is the auditor of ODENSE LAVPRIS TØMMERHANDEL A/S?

ODENSE LAVPRIS TØMMERHANDEL A/S most recently used DANSK REVISION ODENSE GODKENDT REVISIONSAKTIESELSKAB.

When was ODENSE LAVPRIS TØMMERHANDEL A/S founded?

ODENSE LAVPRIS TØMMERHANDEL A/S was founded on 1 July 1994.

What is the equity of ODENSE LAVPRIS TØMMERHANDEL A/S?

Equity was DKK 81.6m 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.