KRISTENSEN PROPERTIES A/S

CVR 20438401 · Public limited company (A/S) · Active · Low risk

KRISTENSEN PROPERTIES A/S is a Public limited company (A/S), founded on , based in Aalborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2013) shows equity of DKK 110.4m and a net result of DKK 14.0m. CEO: Per Traunholm.

Bankruptcy risk for KRISTENSEN PROPERTIES A/S

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · 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×

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
20438401
Status
Active
Company type
Public limited company (A/S)
Founded
(29 years)
Address
Skibsbyggerivej 5
9000 Aalborg
Municipality
Aalborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 10.6m
Employees
8 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 28
Missing annual reportNo
Negative equityNo
Equity ratio58.7%
Current ratio91%
Moves (last 2 years)0
CEO changes in total12
CEO's previous bankruptcies2
Other companies at the address36
Going-concern uncertaintyNo

Financials and key figures

Financial year20132012
RevenueDKK 7.5mDKK 1.2m
Gross profitDKK 7.8mDKK 9.2m
Net profitDKK 14.0mDKK 24.5m
EquityDKK 110.4mDKK 98.9m
Total assetsDKK 188.0mDKK 201.3m
CashDKK 325k–
Short-term debtDKK 24.8m–
Tax owedDKK 0–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025120
1 Jan 2024 – 31 Dec 2024120
1 Jan 2023 – 31 Dec 2023121
1 Jan 2022 – 31 Dec 2022118
1 Jan 2021 – 31 Dec 2021118
1 Jan 2020 – 31 Dec 2020119
1 Jan 2019 – 31 Dec 2019119
1 Jan 2018 – 31 Dec 2018125
1 Jan 2017 – 31 Dec 2017134
1 Jan 2016 – 31 Dec 2016138
1 Jan 2015 – 31 Dec 2015124
1 Jan 2014 – 31 Dec 2014189 Late
1 Jan 2013 – 31 Dec 2013169
1 Jan 2012 – 31 Dec 2012163
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010170
1 Jan 2009 – 31 Dec 2009157
1 Jan 2008 – 31 Dec 2008266 Late
1 Jan 2007 – 31 Dec 2007142
1 Jan 2006 – 31 Dec 2006130

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
CEOPer TraunholmCurrent
CEOHenrik Calum
CEOThorkild Sørensen Sloth Kristensen
CEOHans Peter Larsen
CEOPeter Westphal
CEOJesper Korsbæk Jensen
CEOJeppe Lynge Larsen
BoardMette KoldCurrent
BoardJeppe SchønfeldCurrent
BoardKent Hoeg SørensenCurrent
BoardThorkild Sørensen Sloth Kristensen
BoardUffe Ellemann-Jensen
BoardNiels Erik Nielsen
BoardDitlev Helge Knuth-Winterfeldt
BoardGeorg von Habsburg
BoardEdward Elson
BoardKurt Henrik Tofte Jensen
BoardIvan Harbo Jakobsen
BoardHans Mogens Fenne-Frederiksen
BoardKent Hoeg Sørensen
BoardJan Øland
BoardOle Christian Vad
BoardMorten Pedersen
BoardBent Erik Krogh Jensen
BoardTage Benjaminsen
BoardLau Henrik Sloth Hoffmann Kristensen
BoardJørn Holm Jensen
BoardHenrik Calum
BoardNiels Gustav Hedeager Andersen
BoardLars-Erik Houmann Christensen
BoardLene Birgitte Larsen
BoardMogens Jørgensen
BoardHenrik Lind
BoardAnne Marie Floridon Sørensen
BoardAnders Egebjerg Jensen
BoardJens Hahn
BoardAnne Marie Floridon Sørensen
BoardKent Hoeg Sørensen
BoardHans Peter Larsen
BoardSteen Møller Jensen
Owner (90%)HOEG OG KOLD ApSCurrent
Owner (25%)HOEG OG KOLD ApS
Owner (50%)THORKILD KRISTENSEN HOLDING A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorNIELSEN & CHRISTENSEN, STATSAUTORISERET REVISIONSAKTIESELSKAB, HASSERIS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderAdvokatfirmaet Børge Nielsen I/SCurrent

The CEOs' other companies

Per Traunholm – 18 other companies, of which 2 bankrupt

Henrik Calum – 59 other companies, of which 59 bankrupt

Thorkild Sørensen Sloth Kristensen – 41 other companies, of which 11 bankrupt

Hans Peter Larsen – 32 other companies, of which 9 bankrupt

Peter Westphal – 56 other companies

Jesper Korsbæk Jensen – 32 other companies

Jeppe Lynge Larsen – 45 other companies, of which 1 bankrupt

Address history (3 moves)

Skibsbyggerivej 5, 9000 Aalborg
Vesterbro 18, 9000 Aalborg
Ved Stranden 22, 9000 Aalborg
Hasserisvej 143, 9000 Aalborg

Former names

KRISTENSEN PROPERTIES A/S – now
THORKILD KRISTENSEN PROPERTIES A/S –
TORKILD KRISTENSEN INTERNATIONAL PROPERTIES A/S –

Employees per year

Number of employees at KRISTENSEN PROPERTIES A/S per year5102011: 020112012: 020122013: 220132014: 620142015: 1020152016: 1020162017: 1020172018: 82018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about KRISTENSEN PROPERTIES A/S

Has KRISTENSEN PROPERTIES A/S gone bankrupt?

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

What is the bankruptcy risk of KRISTENSEN PROPERTIES A/S?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of KRISTENSEN PROPERTIES A/S?

Per Traunholm is the CEO of KRISTENSEN PROPERTIES A/S.

Who is the auditor of KRISTENSEN PROPERTIES A/S?

KRISTENSEN PROPERTIES A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was KRISTENSEN PROPERTIES A/S founded?

KRISTENSEN PROPERTIES A/S was founded on 31 October 1997.

What is the equity of KRISTENSEN PROPERTIES A/S?

Equity was DKK 110.4m according to the annual report for the period ending 31 December 2013.

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