DAMTRADE A/S

CVR 19781879 · Public limited company (A/S) · Active · Low risk

DAMTRADE A/S is a Public limited company (A/S), founded on , based in Svendborg. The company is registered in the industry fremstilling af maling, lak og lignende overfladebehandlingsmidler, trykfarver samt tætningsmaterialer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -7.5m and a net result of DKK -67k. CEO: Kristian Møller Albertsen.

Bankruptcy risk for DAMTRADE A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
19781879
Status
Active
Company type
Public limited company (A/S)
Founded
(29 years)
Address
Havnepladsen 3A, st. th
5700 Svendborg
Municipality
Svendborg
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 500k
Employees
2 (2004)
Auditor
RevisionsFirmaet Edelbo Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 28
Missing annual reportNo
Negative equityYes
Equity ratio-301.6%
Current ratio24%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address44
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -18kDKK -24kDKK -18k
Net profitDKK -67kDKK -47kDKK -1.2m
EquityDKK -7.5mDKK -7.4mDKK -7.4m
Total assetsDKK 2.5mDKK 2.6mDKK 2.6m
CashDKK 36kDKK 66k–
Short-term debtDKK 10.0mDKK 10.0m–
Tax owedDKK 0DKK 0–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisionsFirmaet Edelbo Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022158
1 Jan 2021 – 31 Dec 2021174
1 Jan 2020 – 31 Dec 2020145
1 Jan 2019 – 31 Dec 2019135
1 Jan 2018 – 31 Dec 2018144
1 Jul 2016 – 31 Dec 2017135
1 Jul 2015 – 30 Jun 2016117
1 Jul 2014 – 30 Jun 2015101
1 Jul 2013 – 30 Jun 2014151
1 Jul 2012 – 30 Jun 2013158
1 Jul 2011 – 30 Jun 2012149
1 Jul 2010 – 30 Jun 2011153
1 Jul 2009 – 30 Jun 2010153
1 Jul 2008 – 30 Jun 2009161
1 Jul 2007 – 30 Jun 2008135
1 Jul 2006 – 30 Jun 2007143
1 Jul 2005 – 30 Jun 2006153

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
CEOKristian Møller AlbertsenCurrent
CEOJesper Skovdam Damgaard
CEOJens Hedegaard Andersen
BoardFlemming Hartvig PedersenCurrent
BoardKristian Møller AlbertsenCurrent
BoardSusanne Marie Hulbæk DamgaardCurrent
BoardJesper Skovdam Damgaard
BoardLone Stolberg Nielsen
BoardPeter Damgaard Nielsen
BoardHans Henrik Andersen
BoardMaybrit Skovdam Damgaard
BoardDan Filip Christiansen
BoardCarsten Haug
BoardVeronica Frølund Damgaard Rasmussen
BoardCarsten Haug
BoardPalle Viggo Johansen
Owner (100%)Boet efter Peter Damgaard NielsenCurrent
Owner (100%)Peter Damgaard Nielsen
AuditorSR, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorREVISIONSFIRMAET EDELBO STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderDAMSON A/SCurrent

The CEOs' other companies

Kristian Møller Albertsen – 12 other companies, of which 1 bankrupt

Jesper Skovdam Damgaard – 8 other companies

Jens Hedegaard Andersen – 10 other companies, of which 3 bankrupt

Address history (3 moves)

Havnepladsen 3A, st. th, 5700 Svendborg
Havnepladsen 3A, st. th, 5700 Svendborg
Smørmosevej 3, 5700 Svendborg
Havnepladsen 3, 5700 Svendborg

Former names

DAMTRADE A/S – now
DAMSON PAINT LINOLAB A/S –
LINOLAB A/S –

Employees per year

Number of employees at DAMTRADE A/S per year362000: 620002001: 320012002: 420022003: 320032004: 22004

Other companies at the same address

Questions and answers about DAMTRADE A/S

Has DAMTRADE A/S gone bankrupt?

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

What is the bankruptcy risk of DAMTRADE A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of DAMTRADE A/S?

Kristian Møller Albertsen is the CEO of DAMTRADE A/S.

Who is the auditor of DAMTRADE A/S?

DAMTRADE A/S most recently used RevisionsFirmaet Edelbo Statsautoriseret Revisionspartnerselskab.

When was DAMTRADE A/S founded?

DAMTRADE A/S was founded on 21 January 1997.

What is the equity of DAMTRADE A/S?

Equity was DKK -7.5m 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.