FINN OLSEN A/S VVS

CVR 20638087 · Public limited company (A/S) · Active · Medium risk

FINN OLSEN A/S VVS is a Public limited company (A/S), founded on , based in Havdrup. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 3.4m and a net result of DKK 13k. CEO: Henrik Herse.

Bankruptcy risk for FINN OLSEN A/S VVS

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

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
20638087
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
Salbjergvej 35
4622 Havdrup
Municipality
Solrød
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
22 (2018)
Auditor
DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late5 of 28
Missing annual reportNo
Negative equityNo
Equity ratio27.6%
Current ratio89%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 8.4mDKK 8.7mDKK 9.3m
Net profitDKK 13kDKK 164kDKK 344k
EquityDKK 3.4mDKK 3.4mDKK 3.2m
Total assetsDKK 12.2mDKK 11.8mDKK 12.5m
CashDKK 28kDKK 168k–
Short-term debtDKK 6.9mDKK 6.3m–
Avg. employees1918–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025217 Late
1 Jul 2023 – 30 Jun 2024199 Late
1 Jul 2022 – 30 Jun 2023187 Late
1 Jul 2021 – 30 Jun 2022200 Late
1 Jul 2020 – 30 Jun 2021172
1 Jul 2019 – 30 Jun 2020184 Late
1 Jul 2018 – 30 Jun 2019162
1 Jul 2017 – 30 Jun 2018156
1 Jul 2016 – 30 Jun 2017154
1 Jul 2015 – 30 Jun 2016166
1 Jul 2014 – 30 Jun 2015153
1 Jul 2013 – 30 Jun 2014151
1 Jul 2012 – 30 Jun 2013152
1 Jul 2011 – 30 Jun 2012153
1 Jul 2010 – 30 Jun 2011171
1 Jul 2009 – 30 Jun 2010174
1 Jul 2008 – 30 Jun 2009160
1 Jul 2007 – 30 Jun 2008168
1 Jul 2006 – 30 Jun 2007162
1 Jul 2005 – 30 Jun 2006164

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
CEOHenrik HerseCurrent
CEOFinn Jan Olsen
BoardHenrik HerseCurrent
BoardKarina HerseCurrent
BoardTobias HerseCurrent
BoardFinn Jan Olsen
BoardAnders Jan Olsen
BoardGrethe Olsen
BoardJørgen Michael Olsen
BoardFlemming Gunner Kristensen
Owner (100%)HERSE HOLDING ApSCurrent
AuditorDANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorG L B STATSAUTORISEREDE REVISORER A/S
AuditorDATOSELSKABET AF 14. OKTOBER 2010 A/S
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
AuditorVAC REVISION ApS
AuditorSønderup I/S, statsautoriserede revisorer
AuditorVAC Revision & Review ApS
FounderF.O. FINANS A/SCurrent

The CEOs' other companies

Henrik Herse – 3 other companies

Finn Jan Olsen – 2 other companies

Address history (0 moves)

Salbjergvej 35, 4622 Havdrup

Employees per year

Number of employees at FINN OLSEN A/S VVS per year12232011: 1420112012: 1320122013: 1120132014: 1420142015: 1720152016: 1820162017: 2320172018: 222018

Other companies at the same address

Similar companies in Solrød

Questions and answers about FINN OLSEN A/S VVS

Has FINN OLSEN A/S VVS gone bankrupt?

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

What is the bankruptcy risk of FINN OLSEN A/S VVS?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the CEO of FINN OLSEN A/S VVS?

Henrik Herse is the CEO of FINN OLSEN A/S VVS.

Who is the auditor of FINN OLSEN A/S VVS?

FINN OLSEN A/S VVS most recently used DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB.

When was FINN OLSEN A/S VVS founded?

FINN OLSEN A/S VVS was founded on 17 November 1997.

What is the equity of FINN OLSEN A/S VVS?

Equity was DKK 3.4m 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.