A/S CESTE HOLDING

CVR 18842335 · Public limited company (A/S) · Active · Low risk

A/S CESTE HOLDING is a Public limited company (A/S), founded on , based in Thisted. The company is registered in the industry anden finansiel formidling i.a.n.. 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. The latest annual report (31 Dec 2025) shows equity of DKK 235.4m and a net result of DKK 119.0m. CEO: Hans Johannes Votborg.

Bankruptcy risk for A/S CESTE HOLDING

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 changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

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×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×

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
18842335
Status
Active
Company type
Public limited company (A/S)
Founded
(31 years)
Address
c/o Niels Henrik Bornerup, Johnsens Alle 30
7700 Thisted
Municipality
Thisted
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 1.6m
Employees
1 (2018)
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio99.9%
Current ratio107,995%
Moves (last 2 years)0
CEO changes in total9
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -675kDKK -425k
Net profitDKK 119.0mDKK 11.0m
EquityDKK 235.4mDKK 117.8m
Total assetsDKK 235.6mDKK 117.9m
CashDKK 33.5m–
Short-term debtDKK 202k–
Tax owedDKK 83k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025110
1 Jan 2024 – 31 Dec 2024100
1 Jan 2023 – 31 Dec 2023113
1 Jan 2022 – 31 Dec 2022121
1 Jan 2021 – 31 Dec 2021153
1 Jan 2020 – 31 Dec 2020125
1 Jan 2019 – 31 Dec 2019178
1 Jan 2018 – 31 Dec 2018101
1 Jan 2017 – 31 Dec 2017139
1 Jan 2016 – 31 Dec 2016100
1 Jan 2015 – 31 Dec 2015159
1 Jan 2014 – 31 Dec 201485
1 Jan 2013 – 31 Dec 2013126
1 Jan 2012 – 31 Dec 2012147
1 Jan 2011 – 31 Dec 2011150
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007149
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
CEOHans Johannes VotborgCurrent
CEOKaren Margrethe Bornerup
CEOHans Johannes Votborg
CEONiels Henrik Bornerup
CEOCarsten Ørskov Hougaard
CEONiels Henrik Bornerup
CEOJens Røjkjær Lyhne
CEOHans Johannes Votborg
CEONiels Henrik Bornerup
BoardHans Johannes VotborgCurrent
BoardPeter Chresten Jensen ChristensenCurrent
BoardNiels Henrik BornerupCurrent
BoardPeter Chresten Jensen Christensen
BoardAlex Hove Sørensen
BoardNiels Henrik Bornerup
BoardJørgen Post Bornerup
BoardHans Christen Lilleøre
BoardTorben Toftdahl Olesen
BoardHans Christen Lilleøre
BoardNiels Johan Pedersen
BoardNiels Henrik Bornerup
BoardLars Ulrik Malle
BoardKai Mathiasson Jessen
BoardPeter Chresten Jensen Christensen
BoardMona Juul
BoardKeld Askær Sørensen
BoardPeter Chresten Jensen Christensen
BoardNiels Henrik Bornerup
BoardCarsten Lyngs
BoardLouise Brandt Rosenkilde
Owner (100%)GRETHE OG JØRGEN P. BORNERUPS FONDCurrent
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJørgen Post BornerupCurrent
FounderKaren Margrethe BornerupCurrent
FounderCESTE TRÆ A/SCurrent

The CEOs' other companies

Hans Johannes Votborg – 13 other companies

Karen Margrethe Bornerup – 3 other companies

Niels Henrik Bornerup – 15 other companies

Carsten Ørskov Hougaard – 4 other companies

Jens Røjkjær Lyhne – 9 other companies

Address history (2 moves)

c/o Niels Henrik Bornerup, Johnsens Alle 30, 7700 Thisted
c/o Niels Henrik Bornerup, Johnsens Alle 30, 7700 Thisted
Tigervej 15, 7700 Thisted

Employees per year

Number of employees at A/S CESTE HOLDING per year112009: 120092011: 120112012: 120122013: 120132014: 120142015: 020152017: 020172018: 12018

Other companies at the same address

Similar companies in Thisted

Questions and answers about A/S CESTE HOLDING

Has A/S CESTE HOLDING gone bankrupt?

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

What is the bankruptcy risk of A/S CESTE HOLDING?

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 A/S CESTE HOLDING?

Hans Johannes Votborg is the CEO of A/S CESTE HOLDING.

Who is the auditor of A/S CESTE HOLDING?

A/S CESTE HOLDING most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was A/S CESTE HOLDING founded?

A/S CESTE HOLDING was founded on 15 September 1995.

What is the equity of A/S CESTE HOLDING?

Equity was DKK 235.4m 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.