PALBO STÅL A/S

CVR 25401107 · Public limited company (A/S) · Active · Low risk

PALBO STÅL A/S is a Public limited company (A/S), founded on , based in Odense NV. 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. The latest annual report (30 Apr 2026) shows equity of DKK 20.3m and a net result of DKK 6.2m. CEO: Dennis Mørch Jørgensen.

Bankruptcy risk for PALBO STÅL A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
25401107
Status
Active
Company type
Public limited company (A/S)
Founded
(26 years)
Address
Sandvadvej 3
5210 Odense NV
Municipality
Odense
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 500k
Employees
34 (2018)
Auditor
VH REVISION REGISTREREDE REVISORER ApS
Audit opted out
No

Warning signs

Annual reports filed late0 of 26
Missing annual reportNo
Negative equityNo
Equity ratio74.8%
Current ratio286%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 32.6mDKK 28.4mDKK 28.7m
Net profitDKK 6.2mDKK 3.9mDKK 5.6m
EquityDKK 20.3mDKK 17.0mDKK 16.1m
Total assetsDKK 27.1mDKK 23.2mDKK 22.8m
CashDKK 6.6mDKK 4.4m–
Short-term debtDKK 6.6mDKK 5.9m–
Tax owedDKK 1.8m––
Avg. employees4039–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · VH Revision Registrerede Revisorer ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 202664
1 May 2024 – 30 Apr 202564
1 May 2023 – 30 Apr 202464
1 May 2022 – 30 Apr 2023178
1 May 2021 – 30 Apr 2022128
1 May 2020 – 30 Apr 2021153
1 May 2019 – 30 Apr 2020130
1 May 2018 – 30 Apr 2019141
1 May 2017 – 30 Apr 2018147
1 May 2016 – 30 Apr 2017120
1 May 2015 – 30 Apr 201666
1 May 2014 – 30 Apr 2015150
1 May 2013 – 30 Apr 201465
1 May 2012 – 30 Apr 201366
1 May 2011 – 30 Apr 2012103
1 May 2010 – 30 Apr 201159
1 May 2009 – 30 Apr 201094
1 May 2008 – 30 Apr 2009137
1 May 2007 – 30 Apr 2008130
1 May 2006 – 30 Apr 2007135

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
CEODennis Mørch JørgensenCurrent
CEOPalle Kristensen Schmidt
BoardDennis Mørch JørgensenCurrent
BoardKasper JørgensenCurrent
BoardPeter Mørch JørgensenCurrent
BoardPalle Kristensen Schmidt
BoardBodil Schmidt
BoardChintia Yubelka Bjergegaard Martinez
BoardMartin Gram Riemann
BoardKasper Jørgensen
Owner (50%)DMJ HOLDING ApSCurrent
Owner (33%)KOJ Holding ApSCurrent
Owner (100%)DMJ HOLDING ApS
Owner (67%)DMJ HOLDING ApS
Owner (25%)KOJ Holding ApS
AuditorVH REVISION REGISTREREDE REVISORER ApSCurrent
AuditorVH REVISION REGISTREREDE REVISORER ApS
AuditorAIDER Godkendt Revisionsaktieselskab
FounderDMJ HOLDING ApSCurrent
FounderRUFUS A/SCurrent

The CEOs' other companies

Dennis Mørch Jørgensen – 2 other companies

Palle Kristensen Schmidt – 1 other companies

Address history (1 moves)

Sandvadvej 3, 5210 Odense NV
Kottesgade 19, 5000 Odense C

Employees per year

Number of employees at PALBO STÅL A/S per year17342011: 2620112012: 2520122013: 2720132014: 2720142015: 2820152016: 2920162017: 3020172018: 342018

Other companies at the same address

Similar companies in Odense

Questions and answers about PALBO STÅL A/S

Has PALBO STÅL A/S gone bankrupt?

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

What is the bankruptcy risk of PALBO STÅL 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 PALBO STÅL A/S?

Dennis Mørch Jørgensen is the CEO of PALBO STÅL A/S.

Who is the auditor of PALBO STÅL A/S?

PALBO STÅL A/S most recently used VH REVISION REGISTREREDE REVISORER ApS.

When was PALBO STÅL A/S founded?

PALBO STÅL A/S was founded on 1 June 2000.

What is the equity of PALBO STÅL A/S?

Equity was DKK 20.3m according to the annual report for the period ending 30 April 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.