A/S BALTIC-KORN

CVR 24028119 · Public limited company (A/S) · Active · Low risk

A/S BALTIC-KORN is a Public limited company (A/S), founded on , based in Næstved. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -4.0m and a net result of DKK -351k. CEO: Rene Haslauer Sørensen.

Bankruptcy risk for A/S BALTIC-KORN

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO changes1 · bankruptcy rate 11.4%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
24028119
Status
Active
Company type
Public limited company (A/S)
Founded
(61 years)
Address
Kählersbakken 14
4700 Næstved
Municipality
Næstved
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
2 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late9 of 31
Missing annual reportNo
Negative equityYes
Equity ratio-425.9%
Current ratio14%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 44kDKK 29kDKK 229k
Net profitDKK -351kDKK -460kDKK -119k
EquityDKK -4.0mDKK -3.6mDKK -3.1m
Total assetsDKK 927kDKK 1.0mDKK 1.3m
CashDKK 6,145DKK 9,261–
Short-term debtDKK 4.9mDKK 4.6m–
Avg. employees11–

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 2025177
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016171
1 Jan 2015 – 31 Dec 2015176
1 Jan 2014 – 31 Dec 2014163
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011163
1 Jan 2010 – 31 Dec 2010155
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007162
1 Jan 2006 – 31 Dec 2006155

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
CEORene Haslauer SørensenCurrent
CEOMogens Prehn Sørensen
BoardRene Haslauer SørensenCurrent
BoardJens Morten Prehn SørensenCurrent
BoardJørgen Carl PhilipsenCurrent
BoardMogens Prehn Sørensen
BoardHedy Haslauer Sørensen
BoardJørn Tholstrup Madsen
BoardElise Inge Sørensen
Owner (100%)Rene Haslauer SørensenCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorFinn Henrik Kamstrup Larsen
AuditorHARTMANN WENNICKE A/S
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Rene Haslauer Sørensen – 3 other companies

Mogens Prehn Sørensen – 3 other companies

Address history (3 moves)

Kählersbakken 14, 4700 Næstved
Kæhlersbakken 14, 4700 Næstved
Førslevvej 28, 4700 Næstved
Førslevvej 28, 4700 Næstved

Employees per year

Number of employees at A/S BALTIC-KORN per year122011: 220112012: 220122013: 220132014: 220142015: 220152016: 220162017: 220172018: 22018

Similar companies in Næstved

Questions and answers about A/S BALTIC-KORN

Has A/S BALTIC-KORN gone bankrupt?

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

What is the bankruptcy risk of A/S BALTIC-KORN?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of A/S BALTIC-KORN?

Rene Haslauer Sørensen is the CEO of A/S BALTIC-KORN.

Who is the auditor of A/S BALTIC-KORN?

A/S BALTIC-KORN most recently used Beierholm Godkendt Revisionspartnerselskab.

When was A/S BALTIC-KORN founded?

A/S BALTIC-KORN was founded on 2 August 1965.

What is the equity of A/S BALTIC-KORN?

Equity was DKK -4.0m 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.