JQ STEEL A/S

CVR 20994193 · Public limited company (A/S) · Active · Low risk

JQ STEEL A/S is a Public limited company (A/S), founded on , based in Køge. The company is registered in the industry fremstilling af metalkonstruktioner og dele heraf. 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 19.9m and a net result of DKK 12.7m. CEO: Mads Edvardsen.

Bankruptcy risk for JQ STEEL 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

CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · 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
20994193
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
Værkstedsvej 17
4600 Køge
Municipality
Køge
Industry
Fremstilling af metalkonstruktioner og dele heraf (251100)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 741k
Employees
14 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 28
Missing annual reportNo
Negative equityNo
Equity ratio23.1%
Current ratio254%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 38.7mDKK 31.8m
Net profitDKK 12.7mDKK 10.3m
EquityDKK 19.9mDKK 15.2m
Total assetsDKK 85.9mDKK 37.5m
CashDKK 6.2m–
Short-term debtDKK 16.7m–
Avg. employees31–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025105
1 Jan 2024 – 31 Dec 2024134
1 Jan 2023 – 31 Dec 2023145
1 Jan 2022 – 31 Dec 2022153
1 Jan 2021 – 31 Dec 202183
1 Jan 2020 – 31 Dec 202084
1 Jan 2019 – 31 Dec 201997
1 Jan 2018 – 31 Dec 2018127
1 Jan 2017 – 31 Dec 2017103
1 Jan 2016 – 31 Dec 201682
1 Jan 2015 – 31 Dec 2015116
1 Jan 2014 – 31 Dec 201477
1 Jan 2013 – 31 Dec 201399
1 Jan 2012 – 31 Dec 2012115
1 Jan 2011 – 31 Dec 2011101
1 Jan 2010 – 31 Dec 201082
1 Jan 2009 – 31 Dec 200970
1 Jan 2008 – 31 Dec 200889
1 Jan 2007 – 31 Dec 2007112
1 Jan 2006 – 31 Dec 200671

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
CEOMads EdvardsenCurrent
CEOJan Qvortrup
BoardClaus FrederiksenCurrent
BoardKasper Billy Rosthøj JacobsenCurrent
BoardAnders Moestrup RasmussenCurrent
BoardJens Erhardt Moestrup RasmussenCurrent
BoardMads EdvardsenCurrent
BoardJens Christian Qvortrup
BoardJan Qvortrup
BoardBjarne Jessien Olesen
BoardLotte Willemose Qvortrup
Owner (100%)AKJ INDUSTRI ApSCurrent
Owner (100%)J Q HOLDING ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorABC 91.05 A/S
AuditorG L B A/S
AuditorG L B A/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorReviwest, Godkendt Revisionsanpartsselskab
AuditorSELSKABET AF 16.08.2021 A/S
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderJan QvortrupCurrent

The CEOs' other companies

Jan Qvortrup – 3 other companies

Address history (2 moves)

Værkstedsvej 17, 4600 Køge
Værkstedsvej 17, 4600 Køge
Salbjergvej 34, 4622 Havdrup

Former names

JQ STEEL A/S – now
J Q STÅLMONTAGE A/S –

Employees per year

Number of employees at JQ STEEL A/S per year9182011: 1820112012: 1220122013: 1520132014: 1520142015: 1320152016: 1820162017: 1820172018: 142018

Other companies at the same address

Similar companies in Køge

Questions and answers about JQ STEEL A/S

Has JQ STEEL A/S gone bankrupt?

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

What is the bankruptcy risk of JQ STEEL 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 JQ STEEL A/S?

Mads Edvardsen is the CEO of JQ STEEL A/S.

Who is the auditor of JQ STEEL A/S?

JQ STEEL A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was JQ STEEL A/S founded?

JQ STEEL A/S was founded on 16 June 1998.

What is the equity of JQ STEEL A/S?

Equity was DKK 19.9m 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.