LARS BROE RUSTFRI STÅL A/S

CVR 21719838 · Public limited company (A/S) · Active · Low risk

LARS BROE RUSTFRI STÅL A/S is a Public limited company (A/S), founded on , based in Odense SØ. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 16.8m and a net result of DKK 3.9m. CEO: Lars Broe.

Bankruptcy risk for LARS BROE RUSTFRI STÅL A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
21719838
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Herluf Trolles Vej 20B
5220 Odense SØ
Municipality
Odense
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 500k
Employees
61 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 27
Missing annual reportNo
Negative equityNo
Equity ratio42.9%
Current ratio88%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 50.4mDKK 41.5mDKK 39.1m
Net profitDKK 3.9mDKK 790kDKK 2.0m
EquityDKK 16.8mDKK 13.6mDKK 15.9m
Total assetsDKK 39.1mDKK 33.4mDKK 35.8m
CashDKK 2,786DKK 9,694–
Short-term debtDKK 18.3mDKK 16.0m–
Avg. employees8175–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025104
1 Jan 2024 – 31 Dec 2024112
1 Jan 2023 – 31 Dec 2023115
1 Jan 2022 – 31 Dec 2022132
1 Jan 2021 – 31 Dec 2021151
1 Jan 2020 – 31 Dec 2020132
1 Jan 2019 – 31 Dec 2019115
1 Jan 2018 – 31 Dec 201895
1 Jan 2017 – 31 Dec 2017159
1 Jan 2016 – 31 Dec 2016121
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013139
1 Jan 2012 – 31 Dec 2012149
1 Jan 2011 – 31 Dec 2011164
1 Jan 2010 – 31 Dec 2010142
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007161
1 Jan 2006 – 31 Dec 2006154

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
CEOLars BroeCurrent
BoardLars BroeCurrent
BoardTorben Hyldgaard Friis BarrettCurrent
BoardMarc Roar HintzeCurrent
BoardJeppe BroeCurrent
BoardJesper AndersenCurrent
BoardClaus Bruun Rasmussen
BoardHenrik Broe
BoardJan Sylvester Iversen
BoardFlemming Rasmussen
Owner (25%)AJ af 21.12.2018 Holding ApSCurrent
Owner (25%)LARS BROE HOLDING ApSCurrent
Owner (15%)Jeppe Broe Holding ApSCurrent
Owner (15%)Anna Broe Holding ApSCurrent
Owner (100%)LARS BROE HOLDING ApS
Owner (67%)LARS BROE HOLDING ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderLars BroeCurrent

The CEOs' other companies

Lars Broe – 6 other companies

Address history (1 moves)

Herluf Trolles Vej 20B, 5220 Odense SØ
Herluf Trolles Vej 20B, 5220 Odense SØ

Employees per year

Number of employees at LARS BROE RUSTFRI STÅL A/S per year34682011: 3320112012: 3720122013: 4320132014: 5120142015: 6220152016: 6820162017: 6820172018: 612018

Other companies at the same address

Similar companies in Odense

Questions and answers about LARS BROE RUSTFRI STÅL A/S

Has LARS BROE RUSTFRI STÅL A/S gone bankrupt?

No, LARS BROE RUSTFRI STÅL A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of LARS BROE RUSTFRI STÅL A/S?

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

Who is the CEO of LARS BROE RUSTFRI STÅL A/S?

Lars Broe is the CEO of LARS BROE RUSTFRI STÅL A/S.

Who is the auditor of LARS BROE RUSTFRI STÅL A/S?

LARS BROE RUSTFRI STÅL A/S most recently used EY Godkendt Revisionspartnerselskab.

When was LARS BROE RUSTFRI STÅL A/S founded?

LARS BROE RUSTFRI STÅL A/S was founded on 11 May 1999.

What is the equity of LARS BROE RUSTFRI STÅL A/S?

Equity was DKK 16.8m 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.