AKTIESELSKABET REDERIET UNION

CVR 24350916 · Public limited company (A/S) · Active · Low risk

AKTIESELSKABET REDERIET UNION is a Public limited company (A/S), founded on , based in Rømø. The company is registered in the industry administrations- og kontorserviceaktiviteter. 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 88k and a net result of DKK 42k. CEO: Tim Kunstmann.

Bankruptcy risk for AKTIESELSKABET REDERIET UNION

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

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%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×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
24350916
Status
Active
Company type
Public limited company (A/S)
Founded
(58 years)
Address
Kilebryggen 4
6792 Rømø
Municipality
Tønder
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 500k
Employees
6 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio12.4%
Current ratio98%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.5mDKK 1.9m
Net profitDKK 42kDKK -114k
EquityDKK 88kDKK -29k
Total assetsDKK 704kDKK 408k
CashDKK 368k–
Short-term debtDKK 616k–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023117
1 Jan 2022 – 31 Dec 2022109
1 Jan 2021 – 31 Dec 2021139
1 Jan 2020 – 31 Dec 2020127
1 Jan 2019 – 31 Dec 2019115
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017124
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015147
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013118
1 Jan 2012 – 31 Dec 2012168
1 Jan 2011 – 31 Dec 2011151
1 Jan 2010 – 31 Dec 2010149
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007168
1 Jan 2006 – 31 Dec 2006134

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
CEOTim KunstmannCurrent
CEOJohann-Ludolf Christian Friedrichsen
CEOChristian Baumberger
CEOBirte Dettmers
BoardOle Glistrup
BoardBodil Kristense Thomsen
BoardJohann-Ludolf Christian Friedrichsen
BoardLorenz Peter Strohmeyer
BoardTheodor Reinhard Werner Sanders
BoardRüdiger Bruno Bunzel
BoardAnita Pirschel
BoardConrad Georg Ernst Folkert Zorn
BoardGunther Becker
BoardJan Adolf Kruse
BoardGötz Robert Gernot Becker
BoardChristian Baumberger
Owner (100%)FRS International Division GmbHCurrent
Owner (100%)FRS Europe Holding GmbH
Owner (100%)FRS International Division GmbH
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMJAKP P/S
AuditorGrant Thornton, Godkendt Revisionspartnerselskab

Address history (3 moves)

Kilebryggen 4, 6792 Rømø
Kilebryggen 2, 6792 Rømø
Kilebryggen 2, 6792 Rømø
Kilebryggen, 6792 Rømø

Employees per year

Number of employees at AKTIESELSKABET REDERIET UNION per year25502011: 3320112012: 5020122013: 1220132014: 720142015: 720152016: 620162017: 620172018: 62018

Similar companies in Tønder

Questions and answers about AKTIESELSKABET REDERIET UNION

Has AKTIESELSKABET REDERIET UNION gone bankrupt?

No, AKTIESELSKABET REDERIET UNION is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of AKTIESELSKABET REDERIET UNION?

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 AKTIESELSKABET REDERIET UNION?

Tim Kunstmann is the CEO of AKTIESELSKABET REDERIET UNION.

Who is the auditor of AKTIESELSKABET REDERIET UNION?

AKTIESELSKABET REDERIET UNION most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was AKTIESELSKABET REDERIET UNION founded?

AKTIESELSKABET REDERIET UNION was founded on 22 March 1968.

What is the equity of AKTIESELSKABET REDERIET UNION?

Equity was DKK 88k 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.