KORINTH RØRFABRIK A/S

CVR 18016249 · Public limited company (A/S) · Active · Low risk

KORINTH RØRFABRIK A/S is a Public limited company (A/S), founded on , based in Faaborg. The company is registered in the industry fremstilling af rør, hule profiler og tilhørende fittings af stål. 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 Mar 2026) shows equity of DKK 6.3m and a net result of DKK 16k. CEO: Christina Vognsgaard.

Bankruptcy risk for KORINTH RØRFABRIK 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

Website registeredYes · bankruptcy rate 12.0%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
18016249
Status
Active
Company type
Public limited company (A/S)
Founded
(32 years)
Address
c/o Vognsgaard Christina, Reventlowsvej 46
5600 Faaborg
Municipality
Faaborg-Midtfyn
Industry
Fremstilling af rør, hule profiler og tilhørende fittings af stål (242000)
Bankruptcies in the industry: Fremstilling af rør og hule profiler og tilhørende fittings af stål
Share capital
DKK 600k
Employees
13 (2018)
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 31
Missing annual reportNo
Negative equityNo
Equity ratio71.7%
Current ratio246%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 1.8mDKK 2.1mDKK 2,551
Net profitDKK 16kDKK 169kDKK 652
EquityDKK 6.3mDKK 6.2mDKK 6,076
Total assetsDKK 8.7mDKK 9.1mDKK 7,089
CashDKK 2.6mDKK 1,278–
Short-term debtDKK 2.4mDKK 2.8m–
Tax owed–DKK 0–
Avg. employees1110–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026153
1 Apr 2024 – 31 Mar 2025153
1 Apr 2023 – 31 Mar 2024152
1 Apr 2022 – 31 Mar 2023145
1 Apr 2021 – 31 Mar 2022151
1 Apr 2020 – 31 Mar 2021142
1 Apr 2019 – 31 Mar 2020153
1 Apr 2018 – 31 Mar 2019149
1 Apr 2017 – 31 Mar 2018152
1 Apr 2016 – 31 Mar 2017157
1 Apr 2015 – 31 Mar 2016154
1 Apr 2014 – 31 Mar 2015155
1 Apr 2013 – 31 Mar 2014154
1 Apr 2012 – 31 Mar 2013185 Late
1 Apr 2011 – 31 Mar 2012156
1 Apr 2010 – 31 Mar 2011167
1 Apr 2009 – 31 Mar 2010160
1 Apr 2008 – 31 Mar 2009159
1 Apr 2007 – 31 Mar 2008161
1 Apr 2006 – 31 Mar 2007155

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
CEOChristina VognsgaardCurrent
CEOOtto Georg Rasmussen
CEOInge Lise Rasmussen
BoardTroels RasmussenCurrent
BoardChristina VognsgaardCurrent
BoardJens VognsgaardCurrent
BoardPhilip VognsgaardCurrent
BoardOtto Georg Rasmussen
BoardInge Lise Rasmussen
BoardNiels Erik Jørgensen
Owner (25%)ILR Holding ApSCurrent
Owner (33%)Christina Vognsgaard Holding ApSCurrent
Owner (33%)Troels Rasmussen 2023 Holding ApSCurrent
Owner (100%)KORINTH EJENDOMSSELSKAB AF 1/10 1994 ApS
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
AuditorNiels Erik Jørgensen
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderOtto Georg RasmussenCurrent
FounderInge Lise RasmussenCurrent
FounderKORINTH EJENDOMSSELSKAB AF 1/10 1994 ApSCurrent

The CEOs' other companies

Christina Vognsgaard – 2 other companies

Otto Georg Rasmussen – 1 other companies

Inge Lise Rasmussen – 2 other companies

Address history (2 moves)

c/o Vognsgaard Christina, Reventlowsvej 46, 5600 Faaborg
Reventlowsvej 46, 5600 Faaborg
Reventlowsvej 46, 5600 Faaborg

Employees per year

Number of employees at KORINTH RØRFABRIK A/S per year8152011: 1320112012: 1520122013: 1420132014: 720142015: 1020152016: 1220162017: 1220172018: 132018

Other companies at the same address

Similar companies in Faaborg-Midtfyn

Questions and answers about KORINTH RØRFABRIK A/S

Has KORINTH RØRFABRIK A/S gone bankrupt?

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

What is the bankruptcy risk of KORINTH RØRFABRIK 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 KORINTH RØRFABRIK A/S?

Christina Vognsgaard is the CEO of KORINTH RØRFABRIK A/S.

Who is the auditor of KORINTH RØRFABRIK A/S?

KORINTH RØRFABRIK A/S most recently used AIDER Godkendt Revisionsaktieselskab.

When was KORINTH RØRFABRIK A/S founded?

KORINTH RØRFABRIK A/S was founded on 4 August 1994.

What is the equity of KORINTH RØRFABRIK A/S?

Equity was DKK 6.3m according to the annual report for the period ending 31 March 2026.

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