FRONTEGO A/S

CVR 21833649 · Public limited company (A/S) · Active · Low risk

FRONTEGO A/S is a Public limited company (A/S), founded on , based in Nykøbing M. The company is registered in the industry fremstilling af møbler. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 26.5m and a net result of DKK 4.6m. CEO: Jesper Odgaard Nielsen.

Bankruptcy risk for FRONTEGO 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

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Annual reports filed late2 · bankruptcy rate 10.4%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×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×

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
21833649
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Furvej 2
7900 Nykøbing M
Municipality
Morsø
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af bygningstømmer og snedkeriartikler i øvrigt
Share capital
DKK 600k
Employees
29 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 27
Missing annual reportNo
Negative equityNo
Equity ratio75.4%
Current ratio299%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 25.0mDKK 24.1mDKK 23.4m
Net profitDKK 4.6mDKK 4.7mDKK 4.8m
EquityDKK 26.5mDKK 25.9mDKK 22.2m
Total assetsDKK 35.1mDKK 36.7mDKK 35.0m
CashDKK 8.8mDKK 9.2m–
Short-term debtDKK 6.9mDKK 8.8m–
Tax owed–DKK 0–
Avg. employees3232–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023175
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020141
1 Jan 2019 – 31 Dec 2019147
1 Jan 2018 – 31 Dec 2018123
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 2016136
1 Jan 2015 – 31 Dec 2015144
1 Jan 2014 – 31 Dec 2014117
1 Jan 2013 – 31 Dec 2013123
1 Jan 2012 – 31 Dec 2012129
1 Jan 2011 – 31 Dec 2011143
1 Jan 2010 – 31 Dec 2010132
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008167
1 Jan 2007 – 31 Dec 2007156
1 Jan 2006 – 31 Dec 2006164

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
CEOJesper Odgaard NielsenCurrent
CEOGunnar Damkjær
CEOTage Odgaard Nielsen
BoardTage Odgaard NielsenCurrent
BoardVibeke NielsenCurrent
BoardKirsten Odgaard NielsenCurrent
BoardJesper Odgaard NielsenCurrent
BoardGunnar Damkjær
BoardAnnelise Damkjær
BoardClaus Damkjær
BoardHenning Bjerregaard Pedersen
BoardHenning Christensen
Owner (100%)Odgaard Nielsen Holding ApSCurrent
Owner (100%)TAGE ODGAARD NIELSEN HOLDING ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderGunnar DamkjærCurrent

The CEOs' other companies

Jesper Odgaard Nielsen – 2 other companies

Gunnar Damkjær – 1 other companies

Tage Odgaard Nielsen – 6 other companies, of which 1 bankrupt

Address history (0 moves)

Furvej 2, 7900 Nykøbing M

Former names

FRONTEGO A/S – now
DAMKJÆR TRÆINDUSTRI A/S –

Employees per year

Number of employees at FRONTEGO A/S per year15302011: 1620112012: 1720122013: 1620132014: 1920142015: 2320152016: 2420162017: 3020172018: 292018

Other companies at the same address

Similar companies in Morsø

Questions and answers about FRONTEGO A/S

Has FRONTEGO A/S gone bankrupt?

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

What is the bankruptcy risk of FRONTEGO 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 CEO of FRONTEGO A/S?

Jesper Odgaard Nielsen is the CEO of FRONTEGO A/S.

Who is the auditor of FRONTEGO A/S?

FRONTEGO A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was FRONTEGO A/S founded?

FRONTEGO A/S was founded on 29 June 1999.

What is the equity of FRONTEGO A/S?

Equity was DKK 26.5m 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.