COMPOSHIELD A/S

CVR 25540891 · Public limited company (A/S) · Active · Low risk

COMPOSHIELD A/S is a Public limited company (A/S), founded on , based in Hadsten. The company is registered in the industry fremstilling af militære kampkøretøjer. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 11.2m and a net result of DKK 8.5m. CEO: Michael Nørup.

Bankruptcy risk for COMPOSHIELD A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Municipality changes3+ · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

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×
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
25540891
Status
Active
Company type
Public limited company (A/S)
Founded
(26 years)
Address
Tolsagervej 9
8370 Hadsten
Municipality
Favrskov
Industry
Fremstilling af militære kampkøretøjer (304000)
Bankruptcies in the industry: Fremstilling af cykler og invalidekøretøjer
Share capital
DKK 1.0m
Employees
72 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 26
Missing annual reportNo
Negative equityNo
Equity ratio42.4%
Current ratio141%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 21.2mDKK 10.0m
Net profitDKK 8.5mDKK 2.2m
EquityDKK 11.2mDKK 19.2m
Total assetsDKK 26.5mDKK 23.6m
CashDKK 1.1m–
Short-term debtDKK 15.3m–
Avg. employees25–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202575
1 Jan 2024 – 31 Dec 202485
1 Jan 2023 – 31 Dec 202382
1 Jan 2022 – 31 Dec 2022103
1 Jan 2021 – 31 Dec 202198
1 Jan 2020 – 31 Dec 2020132
1 Jan 2019 – 31 Dec 2019135
1 Jan 2018 – 31 Dec 2018136
1 Jan 2017 – 31 Dec 2017159
1 Jan 2016 – 31 Dec 2016123
1 Jan 2015 – 31 Dec 2015116
1 Jan 2014 – 31 Dec 201486
1 Jan 2013 – 31 Dec 201383
1 Jan 2012 – 31 Dec 2012135
1 Jan 2011 – 31 Dec 2011127
1 Jan 2010 – 31 Dec 2010108
1 Jan 2009 – 31 Dec 200981
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007112
1 Jan 2006 – 31 Dec 2006183

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
CEOMichael NørupCurrent
CEOSteen Kibsgaard
CEOKim Krolmark
CEOJens Ole Bahr
CEOSteen Kibsgaard
BoardMichael NørupCurrent
BoardKenneth mark RipichCurrent
BoardLisette NørupCurrent
BoardClaus Hedegaard EriksenCurrent
BoardJohn Holger Adamsen
BoardJon Lauritzen
BoardSteen Kibsgaard
BoardHenrik Braüner Adamsen
BoardJoacim Lars Bruus-Jensen
BoardJens Erik Karlskov Jensen
BoardSteen Kibsgaard
BoardJan Frydenriech Fogh
BoardOle Steen Christensen
BoardJens Ole Bahr
BoardSteen Kibsgaard
BoardJan Frydenriech Fogh
BoardAage Reipurth Madsen
BoardHans Flemming Haagen Jensen
BoardPer Junker Thiesgaard
BoardTorben Holger Schultz
BoardTine Skovsgaard Hornum
BoardMichael Forde Ripich
BoardTerry Lee Ripich
BoardBrian Robert Spitz
BoardJan Espensen Stegmann
Owner (100%)COMPOSHIELD HOLDING ApSCurrent
Owner (90%)COMPOSHIELD HOLDING ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorMJAKP2 I/S
FounderGIANTCODE A/SCurrent

The CEOs' other companies

Michael Nørup – 7 other companies, of which 1 bankrupt

Steen Kibsgaard – 11 other companies, of which 3 bankrupt

Kim Krolmark – 8 other companies, of which 4 bankrupt

Jens Ole Bahr – 31 other companies, of which 9 bankrupt

Address history (4 moves)

Tolsagervej 9, 8370 Hadsten
Møgelgårdsvej 6, 8520 Lystrup
Havrevænget 3, 9500 Hobro
Havrevænget 3, 9500 Hobro
Lucernevej 11, 9320 Hjallerup

Former names

COMPOSHIELD A/S – now
GIANTCODE PROTECTION A/S –

Employees per year

Number of employees at COMPOSHIELD A/S per year36722011: 920112012: 820122013: 820132014: 2620142015: 3520152016: 3820162017: 2520172018: 722018

Other companies at the same address

Questions and answers about COMPOSHIELD A/S

Has COMPOSHIELD A/S gone bankrupt?

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

What is the bankruptcy risk of COMPOSHIELD A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of COMPOSHIELD A/S?

Michael Nørup is the CEO of COMPOSHIELD A/S.

Who is the auditor of COMPOSHIELD A/S?

COMPOSHIELD A/S most recently used EY Godkendt Revisionspartnerselskab.

When was COMPOSHIELD A/S founded?

COMPOSHIELD A/S was founded on 8 June 2000.

What is the equity of COMPOSHIELD A/S?

Equity was DKK 11.2m 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.