ANDCO A/S

CVR 21705535 · Public limited company (A/S) · Active · Low risk

ANDCO A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry planlægning og design af reklamekampagner. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 54.1m and a net result of DKK 9.2m.

Bankruptcy risk for ANDCO A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% 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×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Reporting classReporting class C, mellemstor virksomhed · 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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
21705535
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Adelgade 12, 4.
1304 København K
Municipality
København
Industry
Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 500k
Employees
63 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 27
Missing annual reportNo
Negative equityNo
Equity ratio47.4%
Current ratio193%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address30
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 74.2mDKK 72.9mDKK 76.1m
Net profitDKK 9.2mDKK 9.0mDKK 6.2m
EquityDKK 54.1mDKK 45.0mDKK 35.9m
Total assetsDKK 114.2mDKK 133.6mDKK 108.0m
CashDKK 74.1mDKK 59.1m–
Short-term debtDKK 57.4mDKK 85.6m–
Tax owedDKK 0DKK 190k–
Avg. employees7772–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022150
1 Jan 2021 – 31 Dec 2021138
1 Jan 2020 – 31 Dec 2020148
1 Jan 2019 – 31 Dec 2019156
1 Jan 2018 – 31 Dec 2018140
1 Jan 2017 – 31 Dec 2017114
1 Jan 2016 – 31 Dec 201688
1 Jan 2015 – 31 Dec 2015155
1 Jan 2014 – 31 Dec 2014135
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012139
1 Jan 2011 – 31 Dec 2011122
1 Jan 2010 – 31 Dec 2010159
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007183
1 Jan 2006 – 31 Dec 2006162

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
CEOPoul Erik Mikkelsen
CEOMikael Ernst Jørgensen
BoardLars Eivind KrekenCurrent
BoardMikael Ernst JørgensenCurrent
BoardBenjamin BorchCurrent
BoardPeter Lerbrandt
BoardPoul Erik Mikkelsen
BoardSøren Kyllebæk
BoardMikael Ernst Jørgensen
BoardThomas Francois Hoffmann
BoardJohnny Emil Søbæk Henriksen
BoardRobert Karl Mikael Cerkez
BoardThomas Høgebøl
BoardEspen Stenumgård
BoardAndreas Hurtsén-Fredmark
BoardLine Haugetraa
BoardThomas Francois Hoffmann
BoardFrederik Zimmer
Owner (100%)The North Alliance Norge ASCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorCJ Partnership I/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorGRANT THORNTON, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderNORD DDB Copenhagen ApSCurrent

The CEOs' other companies

Poul Erik Mikkelsen – 11 other companies, of which 2 bankrupt

Mikael Ernst Jørgensen – 15 other companies

Address history (5 moves)

Adelgade 12, 4., 1304 København K
Bredgade 6, 4. th, 1260 København K
Store Strandstræde 9, 3., 1255 København K
Shellhuset Kampmannsgade 2, 1780 København V
Gothersgade 49, 1., 1123 København K
Sjæleboderne 4, 1122 København K

Employees per year

Number of employees at ANDCO A/S per year32632011: 2320112012: 2120122013: 3220132014: 4220142015: 4620152016: 4020162017: 5820172018: 632018

Other companies at the same address

Similar companies in København

Questions and answers about ANDCO A/S

Has ANDCO A/S gone bankrupt?

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

What is the bankruptcy risk of ANDCO A/S?

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

Who is the auditor of ANDCO A/S?

ANDCO A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was ANDCO A/S founded?

ANDCO A/S was founded on 18 May 1999.

What is the equity of ANDCO A/S?

Equity was DKK 54.1m 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.