PPG Coatings Danmark A/S

CVR 18998696 · Public limited company (A/S) · Active · Low risk

PPG Coatings Danmark A/S is a Public limited company (A/S), founded on , based in Søborg. The company is registered in the industry fremstilling af maling, lak og lignende overfladebehandlingsmidler, trykfarver samt tætningsmaterialer. 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 570k and a net result of DKK 30k.

Bankruptcy risk for PPG Coatings Danmark 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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
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×
Current ratio200%–500% · bankruptcy rate 3.4%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
18998696
Status
Active
Company type
Public limited company (A/S)
Founded
(30 years)
Address
Gladsaxevej 300
2860 Søborg
Municipality
Gladsaxe
Industry
Fremstilling af maling, lak og lignende overfladebehandlingsmidler, trykfarver samt tætningsmaterialer (203000)
Bankruptcies in the industry: Fremstilling af parfume, hårshampoo, tandpasta mv.
Share capital
DKK 110.0m
Employees
276 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 31
Missing annual reportNo
Negative equityNo
Equity ratio69.9%
Current ratio248%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address29
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 1.0mDKK 982.6mDKK 1.0bn
Gross profitDKK 274kDKK 284.6mDKK 285.4m
Net profitDKK 30kDKK 59.7mDKK 25.6m
EquityDKK 570kDKK 540.3mDKK 480.6m
Total assetsDKK 816kDKK 771.6mDKK 837.7m
CashDKK 116kDKK 25.6m–
Short-term debtDKK 240kDKK 224.8m–
Tax owed–DKK 0–
Avg. employees229307–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021150
1 Jan 2020 – 31 Dec 2020148
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016139
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012183
1 Jan 2011 – 31 Dec 2011151
1 Jan 2010 – 31 Dec 2010128
1 Jan 2009 – 31 Dec 2009171
1 Jan 2008 – 31 Dec 2008132
1 Jan 2007 – 31 Dec 2007122
1 Jan 2006 – 31 Dec 2006132

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
CEOErik Søndergaard
CEOOle Toppenberg
CEOHanne Lund
CEOTorben Beck
BoardMichael NielsenCurrent
BoardChristian UlrichCurrent
BoardTina Bach PerssonCurrent
BoardMark Palm SchumacherCurrent
BoardTorben BeckCurrent
BoardRocco SemeraroCurrent
BoardJohn Sidney SmithCurrent
BoardCarsten Tvede-Møller
BoardHenning Østergaard
BoardMogens Granborg
BoardJens Thorsen
BoardHanne Lund
BoardDoris Hermine Friis
BoardGerrit Dirk Toet
BoardJohn Astrup Lundsgaard
BoardErik Søndergaard
BoardOle Toppenberg
BoardJan Brian Munkholm
BoardMagnus Sigfred Bertelsen
BoardLars Kornum
BoardMichael Nielsen
BoardHans Olaf Bennetzen
BoardHenriette Holmgreen Thorsen
BoardElisabeth Vitty Arbo Nielsen
BoardSøren Ladegaard
BoardFinn Imsgard
BoardAllan Wolder
BoardJørgen Enegaard Nicolajsen
BoardAnders Colding Friis
BoardPer Larsen
BoardPer Larsen
BoardTorben Ballegaard Sørensen
BoardElisabeth Vitty Arbo Nielsen
BoardJannie Jensen
BoardPia Pilmark
BoardCharlotte Høllede Ørtoft Rosenbeck
BoardErik Preben Holm
BoardPeter Flemming Sørensen
BoardNicholas Patrick Marie Méan
BoardGregory Alan Molyneux
BoardRamaprasad Vadlamannati
BoardBjørn Bøjle Andersen
BoardJan Hollender
BoardPascal Tisseyre
BoardJan Hollender
BoardRamaprasad Vadlamannati
BoardSteven Pocock
BoardTina Bach Persson
BoardAmrik Singh Sindhar
BoardJudith Sarah Graville
BoardJudith Sarah Graville
Owner (100%)PPG Industries Europe SàrlCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorEY Danmark A/S
AuditorCJ Partnership I/S
AuditorERNST & YOUNG DENMARK P/S
FounderS. DYRUP & CO. A/SCurrent

The CEOs' other companies

Erik Søndergaard – 27 other companies

Ole Toppenberg – 10 other companies

Hanne Lund – 29 other companies, of which 1 bankrupt

Torben Beck – 8 other companies

Address history (1 moves)

Gladsaxevej 300, 2860 Søborg
Gladsaxevej 300, 2860 Søborg

Former names

PPG Coatings Danmark A/S – now
DYRUP A/S –
S. DYRUP & CO. A/S –
HOLDINGSELSKABET AF 18.12.95 A/S –

Employees per year

Number of employees at PPG Coatings Danmark A/S per year1382762011: 23920112012: 23520122013: 22020132014: 22520142015: 23220152016: 22320162017: 22020172018: 2762018

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about PPG Coatings Danmark A/S

Has PPG Coatings Danmark A/S gone bankrupt?

No, PPG Coatings Danmark A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of PPG Coatings Danmark 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 PPG Coatings Danmark A/S?

PPG Coatings Danmark A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was PPG Coatings Danmark A/S founded?

PPG Coatings Danmark A/S was founded on 18 December 1995.

What is the equity of PPG Coatings Danmark A/S?

Equity was DKK 570k 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.