Borg Automotive Newman A/S

CVR 25799232 · Public limited company (A/S) · Active · High risk

Borg Automotive Newman A/S is a Public limited company (A/S), founded on , based in Silkeborg. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -5.6m and a net result of DKK -55.6m.

Bankruptcy risk for Borg Automotive Newman A/S

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
25799232
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
Funder Dalgårdsvej 12
8600 Silkeborg
Municipality
Silkeborg
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40.0m
Employees
24 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 25
Missing annual reportNo
Negative equityYes
Equity ratio-2.1%
Current ratio83%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue–DKK 146.0mDKK 132.4m
Gross profitDKK -42.0mDKK -19.4mDKK -67.0m
Net profitDKK -55.6mDKK -36.2mDKK -73.9m
EquityDKK -5.6mDKK 63.9mDKK 97.3m
Total assetsDKK 269.5mDKK 270.2mDKK 285.5m
CashDKK 712kDKK 5.8m–
Short-term debtDKK 143.9mDKK 91.8m–
Avg. employees1821–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 202371
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021143
1 Jan 2020 – 31 Dec 2020125
1 Jan 2019 – 31 Dec 2019157
1 Jan 2018 – 31 Dec 2018128
1 Jan 2017 – 31 Dec 2017121
1 Jan 2016 – 31 Dec 2016122
1 Jan 2015 – 31 Dec 2015123
1 Jan 2014 – 31 Dec 2014117
1 Jan 2013 – 31 Dec 2013122
1 Jan 2012 – 31 Dec 2012142
1 Jan 2011 – 31 Dec 2011130
1 Jan 2010 – 31 Dec 2010135
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007150
1 Jan 2006 – 31 Dec 2006164

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
CEOPeter Andreas Stakemann
CEOSøren Ærendal Mikkelsen
CEOCarsten Schmidt
BoardKasper Zacarias ThomsenCurrent
BoardJesper MøbergCurrent
BoardJesper Dybro BrandtCurrent
BoardKim Madsen
BoardPeter Andreas Stakemann
BoardAnnemette Heller
BoardBenny Skaaning Carlsen
BoardCarsten Thulstrup
BoardSøren Ærendal Mikkelsen
BoardFrank Kruse Nielsen
BoardPer Bundgaard
BoardLars Frederiksen
BoardFrederik Bruhn-Petersen
BoardNiels Henrik Aksel Hansen
BoardLars Tinggaard Johannesen
BoardJohannes Huus Bogh
BoardHans Jørgen Kaptain
BoardSøren Jansen
BoardLeif Stiholt
BoardHans Fuglgaard
BoardTage Reinert
BoardHans Jørn Sørensen
BoardFrank Lorenz
BoardLars Radoor Sørensen
BoardErik Lundtoft
BoardTage Reinert
BoardJohannes Huus Bogh
BoardLars Herman Petersen
BoardPeter Eriksen Jensen
BoardTim Torben Albertsen
BoardLars Radoor Sørensen
BoardPeter Eriksen Jensen
BoardJohn Staunsbjerg Dueholm
BoardPernille Mehl
BoardLars Radoor Sørensen
BoardJohn Staunsbjerg Dueholm
BoardCarsten Thygesen
BoardPeter Eriksen Jensen
BoardIvan Roberti Mikkelsen
BoardJohn Staunsbjerg Dueholm
BoardKim Kruse Andersen
BoardIvan Roberti Mikkelsen
BoardJesper Møberg
BoardCarsten Gyldenlev Kristoffersen
Owner (100%)Borg Automotive A/SCurrent
Owner (100%)SCANDINAVIAN BRAKE SYSTEMS A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
Auditorinforevision statsautoriseret revisionsaktieselskab
AuditorKreston CM Statsautoriseret Revisions interessentskab
AuditorCJ Partnership I/S
AuditorEY Godkendt Revisionspartnerselskab
FounderVX 10.312 ApSCurrent

The CEOs' other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Søren Ærendal Mikkelsen – 15 other companies, of which 7 bankrupt

Carsten Schmidt – 24 other companies

Address history (7 moves)

Funder Dalgårdsvej 12, 8600 Silkeborg
Juelstrupparken 15, 9530 Støvring
Kuopiovej 13, 5700 Svendborg
Transformervej 4, 2730 Herlev
Naverland 3, 2600 Glostrup
Naverland 2, 5., 2600 Glostrup
c/o Lars Frederiksen, Sønderbakken 19, 2820 Gentofte
c/o Advokatfiramet Stakemann, Kronprinsessegade 18, 1306 København K

Former names

Borg Automotive Newman A/S – now
SBS AUTOMOTIVE A/S –
NOTOX ENGINEERING A/S –
GLOBAL EXHAUST TECHNOLOGY A/S –
A/S PSE NR. 5674 –

Employees per year

Number of employees at Borg Automotive Newman A/S per year1092182005: 120052012: 21820122013: 19820132014: 6620142015: 7820152016: 5220162017: 3320172018: 242018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about Borg Automotive Newman A/S

Has Borg Automotive Newman A/S gone bankrupt?

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

What is the bankruptcy risk of Borg Automotive Newman A/S?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the auditor of Borg Automotive Newman A/S?

Borg Automotive Newman A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Borg Automotive Newman A/S founded?

Borg Automotive Newman A/S was founded on 13 December 2000.

What is the equity of Borg Automotive Newman A/S?

Equity was DKK -5.6m 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.