GLASFAGMANDEN A/S

CVR 21255297 · Public limited company (A/S) · Active · Low risk

GLASFAGMANDEN A/S is a Public limited company (A/S), founded on , based in Herfølge. The company is registered in the industry finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 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 184k and a net result of DKK -4,183.

Bankruptcy risk for GLASFAGMANDEN A/S

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
21255297
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
Storskovvej 10
4681 Herfølge
Municipality
Køge
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Employees
0 (2012)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 28
Missing annual reportNo
Negative equityNo
Equity ratio15.8%
Current ratio1%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -6,875DKK -8,126
Net profitDKK -4,183DKK 126k
EquityDKK 184kDKK 188k
Total assetsDKK 1.2mDKK 1.2m
Short-term debtDKK 978k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023158
1 Jan 2022 – 31 Dec 2022169
1 Jan 2021 – 31 Dec 2021173
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019256 Late
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013159
1 Jan 2012 – 31 Dec 2012163
1 Jan 2011 – 31 Dec 2011156
1 Jan 2010 – 31 Dec 2010125
1 Jan 2009 – 31 Dec 2009151
1 Jan 2008 – 31 Dec 2008297 Late
1 Jan 2007 – 31 Dec 2007153
1 Jan 2006 – 31 Dec 2006185 Late

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
CEOViggo Jensen
BoardJesper KraghCurrent
BoardSusanne HolmCurrent
BoardCasper KæragerCurrent
BoardBetina Clausen
BoardIb Svend Hansen
BoardViggo Jensen
BoardLeo Bernhard Wæver
BoardKeld Harbo
BoardTorben Warborg Larsen
BoardSvend Aage Dreist Hansen
BoardKarin Kragh
BoardClaus Staschen
Owner (100%)Jesper KraghCurrent
AuditorSønderup Grow
AuditorMUNCH GRUPPEN, Revisionsfirmaet Munch-Nielsen
Auditorbp-revision v/Bent Pedersen
FounderLIVI HOLDING A/SCurrent

The CEOs' other companies

Viggo Jensen – 1 other companies

Address history (2 moves)

Storskovvej 10, 4681 Herfølge
Storskovvej 10, 4681 Herfølge
Nyvangsvej 16, 4100 Ringsted

Former names

GLASFAGMANDEN A/S – now
LIVI A/S –
LIVI TRÆVARER A/S –

Employees per year

Number of employees at GLASFAGMANDEN A/S per year242004: 320042005: 320052006: 420062007: 320072008: 320082009: 120092011: 120112012: 02012

Other companies at the same address

Similar companies in Køge

Questions and answers about GLASFAGMANDEN A/S

Has GLASFAGMANDEN A/S gone bankrupt?

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

What is the bankruptcy risk of GLASFAGMANDEN A/S?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

When was GLASFAGMANDEN A/S founded?

GLASFAGMANDEN A/S was founded on 19 October 1998.

What is the equity of GLASFAGMANDEN A/S?

Equity was DKK 184k 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.