ZYXEL COMMUNICATIONS A/S

CVR 21229237 · Public limited company (A/S) · Active · Low risk

ZYXEL COMMUNICATIONS A/S is a Public limited company (A/S), founded on 8 October 1998, based in Søborg. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 26.2m and a net result of DKK 2.1m.

Bankruptcy risk for ZYXEL COMMUNICATIONS A/S

0.1%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×

RegionHovedstaden · bankruptcy rate 11.6%1.3×

CEO's other companies0 · bankruptcy rate 10.9%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×

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×

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×

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: 21229237
Status: Active
Company type: Public limited company (A/S)
Founded: 8 October 1998 (28 years)
Address: Gladsaxevej 378
2860 Søborg
Municipality: Gladsaxe
Industry: Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital: DKK 20.7m
Employees: 20 (2018)
Auditor: KPMG P/S
Audit opted out: No

Warning signs

Annual reports filed late	5 of 27
Missing annual report	No
Negative equity	No
Equity ratio	30.4%
Current ratio	130%
Moves (last 2 years)	0
CEO changes in total	3
CEO's previous bankruptcies	0
Other companies at the address	10
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Revenue	DKK 172.6m	DKK 151.6m	DKK 152.0m
Gross profit	DKK 12.9m	DKK 11.3m	DKK 10.3m
Net profit	DKK 2.1m	DKK 2.8m	DKK 491k
Equity	DKK 26.2m	DKK 24.0m	DKK 20.8m
Total assets	DKK 86.0m	DKK 92.9m	DKK 76.8m
Cash	DKK 2.3m	DKK 3.3m	–
Short-term debt	DKK 59.5m	DKK 68.6m	–
Avg. employees	26,000	25,000	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	2 Jul 2026	183
1 Jan 2024 – 31 Dec 2024	30 Jun 2025	181
1 Jan 2023 – 31 Dec 2023	4 Jul 2024	186	Late
1 Jan 2022 – 31 Dec 2022	7 Jul 2023	188	Late
1 Jan 2021 – 31 Dec 2021	7 Jul 2022	188	Late
1 Jan 2020 – 31 Dec 2020	19 May 2021	139
1 Jan 2019 – 31 Dec 2019	16 Sep 2020	260	Late
1 Jan 2018 – 31 Dec 2018	6 Jun 2019	157
1 Jan 2017 – 31 Dec 2017	28 May 2018	148
1 Jan 2016 – 31 Dec 2016	30 May 2017	150
1 Jan 2015 – 31 Dec 2015	1 Jun 2016	153
1 Jan 2014 – 31 Dec 2014	30 May 2015	150
1 Jan 2013 – 31 Dec 2013	27 May 2014	147
1 Jan 2012 – 31 Dec 2012	6 Jun 2013	157
1 Jan 2011 – 31 Dec 2011	9 Jun 2012	161
1 Jan 2010 – 31 Dec 2010	16 Jun 2011	167
1 Jan 2009 – 31 Dec 2009	6 Jun 2010	157
1 Jan 2008 – 31 Dec 2008	30 Jun 2009	181
1 Jan 2007 – 31 Dec 2007	9 Jun 2008	161
1 Jan 2006 – 31 Dec 2006	27 Jun 2007	178

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

Role	Name	From	To
CEO	Frank Rasmussen	8 Oct 1998	13 Dec 2000
CEO	Hung-Chun Kuo	13 Dec 2000	1 Nov 2004
Board	Shun-I Chu	22 May 2000	Current
Board	Chia-Ching PU	1 Sep 2025	Current
Board	Ching-Lan Lin	31 Dec 2025	Current
Board	Torben Thomasen	8 Oct 1998	31 Dec 2025
Board	Frank Rasmussen	8 Oct 1998	20 Aug 2001
Board	Shin-Jou Fang	22 May 2000	30 Mar 2001
Board	Hung-Chun Kuo	30 Mar 2001	1 Nov 2004
Board	Hsiu-Li Lin	1 Nov 2004	18 Dec 2008
Board	Hsueh-Han Lee	1 Sep 2005	25 Nov 2005
Board	Jau Chang Yao	25 Nov 2005	10 May 2006
Board	Kuo-Long Yang	18 Dec 2008	1 Sep 2025
Owner (100%)	ZyXEL Communication Corporation	30 Apr 2001	Current
Auditor	KPMG P/S	7 Oct 2022	Current
Auditor	Henrik Knage Nielsen	8 Oct 1998	22 May 2000
Auditor	PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab	22 May 2000	13 Dec 2000
Auditor	Henrik Knage Nielsen	13 Dec 2000	2 Jul 2002
Auditor	DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB	2 Jul 2002	1 Oct 2007
Auditor	CJ Partnership I/S	1 Oct 2007	15 May 2008
Auditor	EY Godkendt Revisionspartnerselskab	15 May 2008	1 Jul 2014
Auditor	KPMG P/S	1 Jul 2014	14 Sep 2020
Auditor	EY Godkendt Revisionspartnerselskab	14 Sep 2020	7 Oct 2022
Founder	Frank Rasmussen	8 Oct 1998	Current
Founder	Bluebell Overseas Limited	8 Oct 1998	Current
Founder	Bluebell Overseas Limited	8 Oct 1998	13 Oct 1998

The CEOs' other companies

Frank Rasmussen – 17 other companies, of which 4 bankrupt

CAESAR ApS Bankrupt 29 May 2013
SFINCS ApS Bankrupt 14 Oct 2025
TRIPLENANO ApS Bankrupt 9 Apr 2013
WIZER ApS Bankrupt 22 Nov 2023
BIBOB A/S Fusioneret
BILL HOLDING ApS Opløst
CAESAR2 A/S Opløst
CubeIO A/S Fusioneret
DANSK BØLGEENERGI UDVIKLING A/S Compulsorily dissolved
Jaxicloud Fleetmanagement Aps Active
MVNO SYSTEMS A/S Active
SMART3D A/S Opløst
TAXA A/S Active
TELE2 SURF A/S Fusioneret
TELMORE A/S Fusioneret
TELMORE INTERNATIONAL HOLDING A/S Opløst
ZYCOM ApS Opløst

Hung-Chun Kuo – 1 other companies

GREENICELAND ApS Opløst

Address history (4 moves)

1 Feb 2018	Gladsaxevej 378, 2860 Søborg
7 Dec 2017	Gladsaxevej 378, 2860 Søborg
16 Jul 2014	Generatorvej 8D, 3., 2860 Søborg
20 Oct 2011	Generatorvej 8D, 3., 2730 Herlev
8 Oct 1998	Columbusvej 5, 2860 Søborg

Former names

ZYXEL COMMUNICATIONS A/S	31 Mar 1999 – now
ZYXEL A/S	8 Oct 1998 – 30 Mar 1999

Employees per year

Other companies at the same address

Similar companies in Gladsaxe

INGENIØRFIRMAET FINN R. JACOBSEN ApS Bagsværd
DATABASEN FC ApS Søborg
Commitments A/S Søborg
ZyXEL Networks A/S Søborg
IN-SITE A/S Søborg
SoftwareOne A/S Søborg
LENOVO (DANMARK) ApS Søborg
MICROCHOICE ApS Søborg
BB DATA TEKNIK A/S Søborg
SoftwareONE Denmark ApS Søborg
BGM DATA ApS Søborg
VINTAGE CLOUD A/S Søborg

Questions and answers about ZYXEL COMMUNICATIONS A/S

Has ZYXEL COMMUNICATIONS A/S gone bankrupt?

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

What is the bankruptcy risk of ZYXEL COMMUNICATIONS A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of ZYXEL COMMUNICATIONS A/S?

ZYXEL COMMUNICATIONS A/S most recently used KPMG P/S.

When was ZYXEL COMMUNICATIONS A/S founded?

ZYXEL COMMUNICATIONS A/S was founded on 8 October 1998.

What is the equity of ZYXEL COMMUNICATIONS A/S?

Equity was DKK 26.2m 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.