DS SMITH PACKAGING DENMARK A/S

CVR 21153702 · Public limited company (A/S) · Active · Low risk

DS SMITH PACKAGING DENMARK A/S is a Public limited company (A/S), founded on , based in Grenaa. The company is registered in the industry fremstilling af bølgepap, pap og emballage af papir og pap. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 47.4m and a net result of DKK -80.1m.

Bankruptcy risk for DS SMITH PACKAGING DENMARK A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Reporting classReporting class C, large enterprise · bankruptcy rate 0.2%0.03×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
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×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
21153702
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
Åstrupvej 30
8500 Grenaa
Municipality
Norddjurs
Industry
Fremstilling af bølgepap, pap og emballage af papir og pap (172100)
Bankruptcies in the industry: Fremstilling af bølgepap og pap og emballage af papir og pap
Share capital
DKK 250.0m
Employees
714 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 26
Missing annual reportNo
Negative equityNo
Equity ratio16.2%
Current ratio132%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyYes

Financials and key figures

Financial year202520252024
RevenueDKK 865.4mDKK 1.3bnDKK 1.3bn
Gross profitDKK 186.6mDKK 248.9mDKK 290.8m
Net profitDKK -80.1mDKK -23.3mDKK 4.7m
EquityDKK 47.4mDKK 127.4mDKK 150.6m
Total assetsDKK 704.4mDKK 786.0mDKK 855.1m
CashDKK 568kDKK 661k–
Short-term debtDKK 220.0mDKK 207.4m–
Tax owedDKK 0DKK 0–
Avg. employees625––

Latest annual report: Reporting class C, large enterprise · auditor's statement: Auditor's report on audited financial statements · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025215 Late
1 May 2023 – 30 Apr 2024189 Late
1 May 2022 – 30 Apr 2023185 Late
1 May 2021 – 30 Apr 2022158
1 May 2020 – 30 Apr 2021153
1 May 2019 – 30 Apr 2020154
1 May 2018 – 30 Apr 2019154
1 May 2017 – 30 Apr 2018149
1 May 2016 – 30 Apr 2017156
1 May 2015 – 30 Apr 2016159
1 May 2014 – 30 Apr 2015152
1 May 2013 – 30 Apr 2014152
1 Jan 2012 – 30 Apr 2013167
1 Jan 2011 – 31 Dec 2011128
1 Jan 2010 – 31 Dec 2010159
1 Jan 2009 – 31 Dec 2009151
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007165
1 Jan 2006 – 31 Dec 2006155
1 Jan 2005 – 31 Dec 2005159

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
CEOPeter Andreas Stakemann
CEOTorben Therkelsen
CEOColin James Williams
CEOPer Vinge Frederiksen
BoardGustav Thorbjörn SagerströmCurrent
BoardHelena Birgitta RedmoCurrent
BoardConnie RasmussenCurrent
BoardLene NeumannCurrent
BoardFrits Thorvald HillebrechtCurrent
BoardJulie Katholm QuistCurrent
BoardJesper ØstergaardCurrent
BoardPer-Ola Lennart NilssonCurrent
BoardKim Madsen
BoardPeter Andreas Stakemann
BoardAnnemette Heller
BoardColin James Williams
BoardSven Gunnar Haglund
BoardTorben Therkelsen
BoardHenning Holm Jensen
BoardJens Peter Johannes Nielsen
BoardWim van Lokhorst
BoardGert Mikael Schmidt
BoardBo Rio Styhm
BoardJan Mejlgaard
BoardBirger Udsen
BoardTorben Madsen
BoardPeter Anders Torstensson
BoardMichael Rosendahl Jensen
BoardFinn Kjøller
BoardKim Kjeldsen
BoardBirger Udsen
BoardFinn Kjøller
BoardKim Kjeldsen
BoardSebastian Voss Dahl
BoardSteen Bach Svoldgaard
BoardPer Vinge Frederiksen
BoardThomas Kure Jakobsen
BoardThibault Laumonier
BoardBo Thomsen
BoardJohn Michael Fleischer
BoardFrits Thorvald Hillebrecht
BoardSteen Bach Svoldgaard
BoardTorben Linaa Hansen
BoardChristian Jacob Flarup
BoardThomas Kure Jakobsen
BoardFrits Thorvald Hillebrecht
BoardJesper Kjeldbjerg Frederiksen
BoardJesper Kjeldbjerg Frederiksen
BoardLene Meidahl Højen
BoardSøren Kofoed Ibsen
BoardKenneth Steen Hansen
BoardRasmus Boe Andreasen
BoardAsger Bjerre Terkelsen
BoardLene Meidahl Højen
BoardKarl Gunnar Pierre Bruce
BoardDan Johannessen
BoardLene Meidahl Højen
Owner (100%)DS Smith International B.V.Current
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderVX 10.312 ApSCurrent

The CEOs' other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Torben Therkelsen – 8 other companies

Per Vinge Frederiksen – 12 other companies, of which 3 bankrupt

Address history (3 moves)

Åstrupvej 30, 8500 Grenaa
Bødkervej 3, 7100 Vejle
Voldbjergvej 16, 2., 8240 Risskov
Åstrupvej 30, 8500 Grenaa

Former names

DS SMITH PACKAGING DENMARK A/S – now
SCA PACKAGING DENMARK A/S –
SCA PACKAGING DENMARK HOLDING A/S –
A/S PSE NR. 5372 –

Employees per year

Number of employees at DS SMITH PACKAGING DENMARK A/S per year3587152011: 71520112012: 65920122013: 67420132014: 59120142015: 55820152016: 56420162017: 57620172018: 7142018

Other companies at the same address

Questions and answers about DS SMITH PACKAGING DENMARK A/S

Has DS SMITH PACKAGING DENMARK A/S gone bankrupt?

No, DS SMITH PACKAGING DENMARK A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of DS SMITH PACKAGING DENMARK A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the auditor of DS SMITH PACKAGING DENMARK A/S?

DS SMITH PACKAGING DENMARK A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was DS SMITH PACKAGING DENMARK A/S founded?

DS SMITH PACKAGING DENMARK A/S was founded on 1 July 1998.

What is the equity of DS SMITH PACKAGING DENMARK A/S?

Equity was DKK 47.4m 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.