FOLMER SVENDSEN A/S

CVR 18243776 · Public limited company (A/S) · Active · Low risk

FOLMER SVENDSEN A/S is a Public limited company (A/S), founded on , based in Hellerup. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 666k and a net result of DKK -645k. CEO: Morten Hintze Kure.

Bankruptcy risk for FOLMER SVENDSEN A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
18243776
Status
Active
Company type
Public limited company (A/S)
Founded
(31 years)
Address
Strandvejen 102E, 4. tv
2900 Hellerup
Municipality
Gentofte
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
4 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 30
Missing annual reportNo
Negative equityNo
Equity ratio65.8%
Current ratio287%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address182
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -310kDKK -150k
Net profitDKK -645kDKK -722k
EquityDKK 666kDKK 1.5m
Total assetsDKK 1.0mDKK 2.7m
CashDKK 156k–
Short-term debtDKK 346k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025149
1 Jul 2023 – 30 Jun 2024158
1 Jul 2022 – 30 Jun 2023173
1 Jul 2021 – 30 Jun 2022182
1 Jul 2020 – 30 Jun 2021153
1 Jul 2019 – 30 Jun 2020148
1 Jul 2018 – 30 Jun 2019145
1 Jul 2017 – 30 Jun 2018137
1 Jul 2016 – 30 Jun 2017140
1 Jul 2015 – 30 Jun 2016147
1 Jul 2014 – 30 Jun 2015143
1 Jul 2013 – 30 Jun 2014141
1 Jul 2012 – 30 Jun 2013154
1 Jul 2011 – 30 Jun 2012150
1 Jul 2010 – 30 Jun 2011147
1 Jul 2009 – 30 Jun 2010140
1 Jul 2008 – 30 Jun 2009141
1 Jul 2007 – 30 Jun 2008142
1 Jul 2006 – 30 Jun 2007155
1 Jul 2005 – 30 Jun 2006144

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 Hintze KureCurrent
CEOFolmer Rud Svendsen
BoardNina Hintze KureCurrent
BoardMorten Hintze KureCurrent
BoardFolmer Rud SvendsenCurrent
Owner (100%)Morten Kure Holding ApSCurrent
Owner (100%)FOLMER SVENDSEN HOLDING ApS
AuditorPreben Kellerstrøm
AuditorSønderup I/S, statsautoriserede revisorer
FounderNina Hintze KureCurrent
FounderMorten Hintze KureCurrent
FounderFolmer Rud SvendsenCurrent

The CEOs' other companies

Folmer Rud Svendsen – 1 other companies

Address history (3 moves)

Strandvejen 102E, 4. tv, 2900 Hellerup
Strandvejen 102E, 4., 2900 Hellerup
Strandvejen 102, 4. e, 2900 Hellerup
Begoniavej 21, 2820 Gentofte

Employees per year

Number of employees at FOLMER SVENDSEN A/S per year352012: 420122013: 420132014: 420142015: 520152016: 520162017: 420172018: 42018

Other companies at the same address

Similar companies in Gentofte

Questions and answers about FOLMER SVENDSEN A/S

Has FOLMER SVENDSEN A/S gone bankrupt?

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

What is the bankruptcy risk of FOLMER SVENDSEN A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of FOLMER SVENDSEN A/S?

Morten Hintze Kure is the CEO of FOLMER SVENDSEN A/S.

Who is the auditor of FOLMER SVENDSEN A/S?

FOLMER SVENDSEN A/S most recently used Beierholm.

When was FOLMER SVENDSEN A/S founded?

FOLMER SVENDSEN A/S was founded on 3 January 1995.

What is the equity of FOLMER SVENDSEN A/S?

Equity was DKK 666k according to the annual report for the period ending 30 June 2025.

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