Indorama Ventures Denmark Holdings A/S
CVR 18144085 · Public limited company (A/S) · Active · Low risk
Indorama Ventures Denmark Holdings A/S is a Public limited company (A/S), founded on , based in Varde. The company is registered in the industry ikke-finansielle holdingselskaber. 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 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 147.1m and a net result of DKK -7.5m.
Bankruptcy risk for Indorama Ventures Denmark Holdings 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
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · 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×
Time at current address5+ yrs · bankruptcy rate 3.1%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×
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
- 18144085
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (32 years)
- Address
- Engdraget 22
6800 Varde - Municipality
- Varde
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 4.0m
- Auditor
- BDO Statsautoriseret Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 7 of 31 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 100.0% |
| Current ratio | 846,120% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 8 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 4 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -10k | DKK -22k | DKK -25k |
| Net profit | DKK -7.5m | DKK -5.8m | DKK -1.4m |
| Equity | DKK 147.1m | DKK 154.6m | DKK 160.4m |
| Total assets | DKK 147.1m | DKK 156.0m | DKK 160.9m |
| Short-term debt | DKK 15k | DKK 1.4m | – |
| Tax owed | DKK 0 | DKK 1.3m | – |
| Avg. employees | 0 | – | – |
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 | 196 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 192 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 172 | ||
| 1 Jan 2022 – 31 Dec 2022 | 158 | ||
| 1 Jan 2021 – 31 Dec 2021 | 190 | Late | |
| 1 Jan 2020 – 31 Dec 2020 | 175 | ||
| 1 Jan 2019 – 31 Dec 2019 | 190 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 151 | ||
| 1 Jan 2017 – 31 Dec 2017 | 171 | ||
| 1 Jan 2016 – 31 Dec 2016 | 165 | ||
| 1 Jan 2015 – 31 Dec 2015 | 169 | ||
| 1 Jan 2014 – 31 Dec 2014 | 160 | ||
| 1 Jan 2013 – 31 Dec 2013 | 161 | ||
| 1 Jan 2012 – 31 Dec 2012 | 168 | ||
| 1 Jan 2011 – 31 Dec 2011 | 155 | ||
| 1 Jan 2010 – 31 Dec 2010 | 146 | ||
| 1 Jan 2009 – 31 Dec 2009 | 167 | ||
| 1 Jan 2008 – 31 Dec 2008 | 160 | ||
| 1 Jan 2007 – 31 Dec 2007 | 168 | ||
| 1 Jan 2006 – 31 Dec 2006 | 184 | Late |
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 | Helge Hassel | ||
| CEO | Henrik Axel Juul Nordenlund | ||
| CEO | Tommy Gundelund Jespersen | ||
| CEO | Helle Vingolf | ||
| Board | Carsten Myllerup Madsen | Current | |
| Board | Manuel De Jesus Guerra | Current | |
| Board | Diego Boeri | Current | |
| Board | Poul Martin Mikkelsen | ||
| Board | Knud Andreas Frisenborg Marker | ||
| Board | John René Frederiksen | ||
| Board | Henrik Ørsted | ||
| Board | Helge Hassel | ||
| Board | Eric Søe Rylberg | ||
| Board | Henrik Axel Juul Nordenlund | ||
| Board | Poul Plougmann | ||
| Board | Tommy Gundelund Jespersen | ||
| Board | John Edward Montgomery | ||
| Board | Geoffrey Eugene Meyer | ||
| Board | John P Murta | ||
| Board | Johnny Christian Haahr | ||
| Board | Craig A Rogerson | ||
| Board | Niels Kås Christensen | ||
| Board | Marco Cenisio | ||
| Board | Stephen Wood | ||
| Board | Helle Vingolf | ||
| Board | Gary Mark Spitz | ||
| Board | Tom Jeffrey Zaiser | ||
| Board | Matthew Stokes Morrison | ||
| Board | Paul Steven McMichael | ||
| Owner (100%) | Indorama Ventures Hygiene Denmark A/S | Current | |
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | Current | |
| Auditor | Peter Bertil Iversen | ||
| Auditor | Niels Verdelin | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | KPMG P/S | ||
| Founder | JACOB HOLM INDUSTRIES A/S | Current |
The CEOs' other companies
Helge Hassel – 58 other companies, of which 5 bankrupt
- 'ELECTRA DENMARK A/S' Bankrupt 8 May 1992
- A. V. RØRSGAARD & CO. A/S Bankrupt 18 May 2012
- A/S SAH AF 13. JUNI 1991 Bankrupt 3 Jul 1991
- BAY JACOBSEN A/S Bankrupt 3 May 1991
- DANISH AEROTECHNOLOGY SYSTEMS A/S Bankrupt 19 Dec 1990
- A/S INSA Fusioneret
- A/S N. OLAF MØLLER. PAPIRHANDEL EN GROS. BOGHANDEL Fusioneret
- A/S PSE 10 NR. 1958 Opløst
- AABRINK RENGØRING A/S Fusioneret
- ADMINISTRATIONS & SERVICE CENTRET A/S Fusioneret
- ALLINDEMAGLE SKOV A/S Fusioneret
- BBC BROWN BOVERI A/S Fusioneret
- BEMA INVEST ApS Opløst
- BERLITZ LANGUAGE SERVICES SCANDINAVIA ApS Active
- BONDE'S & DYVA GRAFISK A/S Fusioneret
- BOSSARD DENMARK A/S Active
- BOWNE GLOBAL SOLUTIONS (DENMARK) II A/S Fusioneret
- BRS SOFTWARE PRODUCTS SCANDINAVIA A/S Compulsorily dissolved
- BURWAIN TANKERS 9 A/S Opløst
- BÜHLER A/S Opløst
- CARDIAC SCIENCE INTERNATIONAL A/S Active
- CASINOS DENMARK A/S Active
- CEDERROTH A/S Fusioneret
- CEMFIBER A/S Opløst
- CHEMAPOL NORDIC A/S Opløst
- CHIBRET A/S Opløst
- CIH GLOBETROTTER HOTEL A/S Active
- CIH ROYAL HOTEL A/S Active
- CIH SCANDINAVIA HOTEL A/S Active
- CLIPPER TANKSHIPS A/S Opløst
Henrik Axel Juul Nordenlund – 39 other companies, of which 1 bankrupt
- STENHUGGERVEJ 7A ApS Bankrupt 6 Jul 1995
- ALLINDEMAGLE SKOV A/S Fusioneret
- ALSIKEVEJ 20 ApS Compulsorily dissolved
- BIDSTRUP JENSEN A/S Fusioneret
- CEMFIBER A/S Opløst
- CITY CONTAINER A/S Active
- CITY CONTAINER FYN A/S Fusioneret
- City Container Danmark A/S Active
- City Container Jylland A/S Fusioneret
- DANISH CROWN BEEF COMPANY A/S Opløst
- DC II A/S Opløst
- FBT RENGØRING A/S Fusioneret
- Glatfelter Denmark A/S Fusioneret
- HEDEGAARD MILJØ A/S Fusioneret
- HOUSE OF COFFEE ApS Fusioneret
- HOUSE OF COFFEE FINANS A/S Fusioneret
- ISS DOCUMENT A/S Opløst
- ISS FACILITY SERVICES A/S Active
- Indorama Ventures Hygiene Denmark A/S Active
- JACOB HOLM INDUSTRIES A/S Fusioneret
- JHS AF 27. FEBRUAR 1997 A/S Fusioneret
- LB-RENGØRING A/S Fusioneret
- Loop BidCo ApS Active
- Loop MidCo ApS Active
- MEDIA SERVICE A/S Opløst
- MH Gruppen MidCo ApS Fusioneret
- Mijodan Ejendomme ApS Active
- NORRECCO A/S Active
- Norrecco Agerskov A/S Active
- Norrecco Uge ApS Active
Tommy Gundelund Jespersen – 48 other companies, of which 5 bankrupt
- AKTIESELSKABET AF 20. APRIL 2009 Bankrupt 4 Sep 2009
- Datoselskabet af 26. april 2023 ApS Bankrupt 28 Apr 2023
- Datoselskabet af 26. april 2023, Aarhus A/S Bankrupt 28 Apr 2023
- Datoselskabet af 29.08.2025 A/S Bankrupt 29 Aug 2025
- PHASION GROUP A/S Bankrupt 27 Oct 2011
- AFIV A/S Opløst
- ALLINDEMAGLE SKOV A/S Fusioneret
- Aktieselskabet af 05.05.1969 Opløst
- BEL AIR AVIATION A/S Active
- BLUE FOX - HERNING A/S Active
- DANISH AUDIO HOLDING A/S Opløst
- EXCALIBUR A/S Opløst
- EXCELLENT WINE A/S Fusioneret
- Envases Europe A/S Active
- Glatfelter Denmark A/S Fusioneret
- HFH Group A/S Active
- HFH Properties A/S Active
- Indorama Ventures Hygiene Denmark A/S Active
- JACOB HOLM INDUSTRIES A/S Fusioneret
- JHS AF 27. FEBRUAR 1997 A/S Fusioneret
- JW Industri A/S Active
- JØPOHES SKIVE ApS Fusioneret
- KALIN ApS Fusioneret
- KIRKA ApS Fusioneret
- KIRKA ApS Active
- KK AF 21.01.2014 ApS Opløst
- KK Group A/S Active
- KK Group Invest A/S Active
- KK Wind Solutions Service A/S Fusioneret
- KVM A/S Active
Helle Vingolf – 19 other companies, of which 5 bankrupt
- NC EJENDOMME ApS Bankrupt 10 Apr 2017
- NC INVEST ApS Bankrupt 4 May 2017
- NISGAARD + CHRISTOFFERSEN A/S Bankrupt 10 Apr 2017
- ROYAL DENSHIP A/S Bankrupt 3 Apr 2009
- SELSKABET AF 11/2 2013 A/S Bankrupt 7 Mar 2013
- ART SERVICE A/S Active
- Convert A/S Active
- ES Indorama Ventures Denmark ApS Active
- GrønART A/S Active
- HHHV EJENDOMME A/S Fusioneret
- Indorama Ventures Hygiene Denmark A/S Active
- KOMPLEMENTARSELSKABET GRØN ART ApS Opløst
- KONFAIR A/S Active
- Kvadrat Really ApS Active
- NC EJENDOMSUDVIKLING ApS Fusioneret
- NC PROJEKTUDVIKLING ApS Fusioneret
- RC PLAST A/S Fusioneret
- VINGOLF ApS Opløst
- Vingolf Holding ApS Active
Address history (0 moves)
| Engdraget 22, 6800 Varde |
Former names
| Indorama Ventures Denmark Holdings A/S | – now |
| FIBERVISIONS (CHINA) A/S | – |
| JACOB HOLM INDUSTRIES (CHINA) A/S | – |
Other companies at the same address
- CEMFIBER INVEST ApS Opløst
- ES FIBERVISIONS HOLDINGS ApS Active
- ES Indorama Ventures Denmark ApS Active
- Indorama Ventures Hygiene Denmark A/S Active
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Questions and answers about Indorama Ventures Denmark Holdings A/S
Has Indorama Ventures Denmark Holdings A/S gone bankrupt?
No, Indorama Ventures Denmark Holdings A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Indorama Ventures Denmark Holdings 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 Indorama Ventures Denmark Holdings A/S?
Indorama Ventures Denmark Holdings A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.
When was Indorama Ventures Denmark Holdings A/S founded?
Indorama Ventures Denmark Holdings A/S was founded on 1 October 1994.
What is the equity of Indorama Ventures Denmark Holdings A/S?
Equity was DKK 147.1m 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.