BABCOCK & WILCOX A/S

CVR 25053664 · Public limited company (A/S) · Active · Medium risk

BABCOCK & WILCOX A/S is a Public limited company (A/S), founded on , based in Taastrup. The company is registered in the industry fremstilling af radiatorer, damp- og fyringskedler til centralvarmeanlæg. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -368.2m and a net result of DKK 23.6m.

Bankruptcy risk for BABCOCK & WILCOX A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
25053664
Status
Active
Company type
Public limited company (A/S)
Founded
(26 years)
Address
Dybendalsvænget 3
2630 Taastrup
Municipality
Høje-Taastrup
Industry
Fremstilling af radiatorer, damp- og fyringskedler til centralvarmeanlæg (252100)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 5.0m
Employees
370 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late5 of 26
Missing annual reportNo
Negative equityYes
Equity ratio-598.5%
Current ratio15%
Moves (last 2 years)0
CEO changes in total12
CEO's previous bankruptcies0
Other companies at the address45
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
RevenueDKK 23.1mDKK 259.9mDKK 464.3m
Gross profitDKK -64.6mDKK 22.2mDKK -55.0m
Net profitDKK 23.6mDKK -130.3mDKK -142.1m
EquityDKK -368.2mDKK -391.8mDKK -259.3m
Total assetsDKK 61.5mDKK 206.1mDKK 425.2m
CashDKK 4.7mDKK 15.4m–
Short-term debtDKK 394.8mDKK 558.6m–
Avg. employees2682–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025197 Late
1 Jan 2024 – 31 Dec 2024191 Late
1 Jan 2023 – 31 Dec 2023193 Late
1 Jan 2022 – 31 Dec 2022181 Restated
1 Jan 2021 – 31 Dec 2021195 Late
1 Jan 2020 – 31 Dec 2020123
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 201689
1 Jan 2015 – 31 Dec 201558
1 Jan 2014 – 31 Dec 201441
1 Jan 2013 – 31 Dec 201350
1 Jan 2012 – 31 Dec 201243
1 Jan 2011 – 31 Dec 201154
1 Jan 2010 – 31 Dec 201073
1 Jan 2009 – 31 Dec 200931
1 Jan 2008 – 31 Dec 200841
1 Jan 2007 – 31 Dec 200742
1 Jan 2006 – 31 Dec 200639

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
CEOJørgen Byriel
CEOGeoffrey Allen Heath
CEORichard Edward Reimels
CEOJens Frederik Hansen
CEOJacob Rosenhøj Jørgensen
CEOJette Grabow
CEOMartin Oehlenschlæger
BoardRodney Ernest CarlsonCurrent
BoardBRANDY LYNN JOHNSON AUNGSTCurrent
BoardCameron Michael FrymyerCurrent
BoardJames F Wood
BoardBrandon C Bethards
BoardTheodore V Maliszewski Jr
BoardKai Salby Jensen
BoardHenrik Damm Matthiesen
BoardHenrik Aarøe Neergaard
BoardDavid Lee Keller
BoardRichard Edward Reimels
BoardCarit Toft Hansen
BoardCarit Toft Hansen
BoardCarit Toft Hansen
BoardJohn Dastrup
BoardHelge Steenstrup
BoardNick Mogensen
BoardRichard Lee Killion
BoardMark Stephen Low
BoardCarit Toft Hansen
BoardJohn Dastrup
BoardJohn Dastrup
BoardRasmus Peter Sejerup Rasmussen
BoardMikkel Mogensen
BoardJ Randell Data
BoardDouglas Paul Scavuzzo
BoardPaw Andersen
BoardJohn Dastrup
BoardRasmus Peter Sejerup Rasmussen
BoardJ. Randall Data
BoardDouglas Paul Scavuzzo
BoardCameron Michael Frymyer
BoardJimmy Brian Morgan
BoardKimberly Lewis Clark
BoardRodney Ernest Carlson
BoardKlaus Peter Barckmann
BoardHelge Didriksen
BoardJohn Dastrup
BoardLars-Erik Jørgensen
BoardJimmy Brian Morgan
BoardRodney Ernest Carlson
BoardJacqueline Marie Opal
BoardJimmy Brian Morgan
BoardKasper Bjarnø Sinning
BoardHelge Steenstrup
BoardAnders Rotbøl Primdahl
BoardAnne Marie Skovbæk
BoardGary Campbell Cochrane
BoardHelge Steenstrup
BoardJan Sahl
Owner (100%)The Babcock & Wilcox CompanyCurrent
Owner (100%)B&W PGG Luxembourg Finance
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorCJ Partnership I/S
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderKR 332 ApSCurrent

The CEOs' other companies

Jørgen Byriel – 60 other companies, of which 54 bankrupt

Geoffrey Allen Heath – 2 other companies

Jens Frederik Hansen – 12 other companies, of which 2 bankrupt

Jacob Rosenhøj Jørgensen – 8 other companies

Jette Grabow – 11 other companies, of which 2 bankrupt

Martin Oehlenschlæger – 7 other companies, of which 2 bankrupt

Address history (2 moves)

Dybendalsvænget 3, 2630 Taastrup
Falkevej 2, 6705 Esbjerg Ø
c/o Kromann & Münter, Rådhuspladsen 14, 1550 København V

Former names

BABCOCK & WILCOX A/S – now
BABCOCK & WILCOX VØLUND A/S –
BABCOCK & WILCOX VØLUND ApS –
KM 782 ApS –

Employees per year

Number of employees at BABCOCK & WILCOX A/S per year2635262011: 40620112012: 36720122013: 38020132014: 37620142015: 45220152016: 52220162017: 52620172018: 3702018

Other companies at the same address

Similar companies in Høje-Taastrup

Questions and answers about BABCOCK & WILCOX A/S

Has BABCOCK & WILCOX A/S gone bankrupt?

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

What is the bankruptcy risk of BABCOCK & WILCOX A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the auditor of BABCOCK & WILCOX A/S?

BABCOCK & WILCOX A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was BABCOCK & WILCOX A/S founded?

BABCOCK & WILCOX A/S was founded on 22 November 1999.

What is the equity of BABCOCK & WILCOX A/S?

Equity was DKK -368.2m 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.