PRIMO HOLDING A/S

CVR 25052498 · Public limited company (A/S) · Active · Low risk

PRIMO HOLDING A/S is a Public limited company (A/S), founded on , based in Tistrup. The company is registered in the industry ikke-finansielle holdingselskaber. 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 1.3bn and a net result of DKK 59.6m. CEO: Mette Grunnet.

Bankruptcy risk for PRIMO HOLDING 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

Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · 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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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
25052498
Status
Active
Company type
Public limited company (A/S)
Founded
(26 years)
Address
Jernbanegade 11
6862 Tistrup
Municipality
Varde
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 10.0m
Employees
4 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 26
Missing annual reportNo
Negative equityNo
Equity ratio99.0%
Current ratio3,396%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK 0DKK 0DKK 0
Net profitDKK 59.6mDKK 148.3mDKK 91.0m
EquityDKK 1.3bnDKK 1.3bnDKK 1.1bn
Total assetsDKK 1.3bnDKK 1.3bnDKK 1.1bn
CashDKK 10kDKK 4,000–
Short-term debtDKK 13.8mDKK 18.9m–
Tax owedDKK 0DKK 0–
Avg. employees44–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021160
1 Jan 2020 – 31 Dec 2020141
1 Jan 2019 – 31 Dec 2019151
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 2017135
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015161
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013158
1 Jan 2012 – 31 Dec 2012153
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010159
1 Jan 2009 – 31 Dec 2009152
1 Jan 2008 – 31 Dec 2008153
1 Jan 2007 – 31 Dec 2007150
1 Jan 2006 – 31 Dec 2006176

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
CEOMette GrunnetCurrent
CEOFleming Grunnet
BoardGert KristiansenCurrent
BoardMette GrunnetCurrent
BoardFleming GrunnetCurrent
BoardDorthe GrunnetCurrent
BoardJan Magnussen
BoardChresten Jensen
Owner (33%)M. GRUNNET HOLDING A/SCurrent
Owner (25%)F. GRUNNET HOLDING A/SCurrent
Owner (33%)D. GRUNNET HOLDING A/SCurrent
Owner (33%)Mette Grunnet
Owner (25%)Fleming Grunnet
Owner (33%)Dorthe Grunnet
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderMette GrunnetCurrent
FounderFleming GrunnetCurrent
FounderDorthe GrunnetCurrent

The CEOs' other companies

Mette Grunnet – 35 other companies, of which 3 bankrupt

Fleming Grunnet – 52 other companies, of which 10 bankrupt

Address history (1 moves)

Jernbanegade 11, 6862 Tistrup
Jernbanegade 11, 6862 Tistrup

Employees per year

Number of employees at PRIMO HOLDING A/S per year352014: 420142015: 420152016: 520162017: 420172018: 42018

Other companies at the same address

Similar companies in Varde

Questions and answers about PRIMO HOLDING A/S

Has PRIMO HOLDING A/S gone bankrupt?

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

What is the bankruptcy risk of PRIMO HOLDING 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 PRIMO HOLDING A/S?

Mette Grunnet is the CEO of PRIMO HOLDING A/S.

Who is the auditor of PRIMO HOLDING A/S?

PRIMO HOLDING A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was PRIMO HOLDING A/S founded?

PRIMO HOLDING A/S was founded on 24 November 1999.

What is the equity of PRIMO HOLDING A/S?

Equity was DKK 1.3bn 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.