TRENDLINE LEATHER A/S

CVR 25896785 · Public limited company (A/S) · Active · Medium risk

TRENDLINE LEATHER A/S is a Public limited company (A/S), founded on , based in Viborg. The company is registered in the industry engroshandel med kufferter og lædervarer. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 20 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -4.9m and a net result of DKK -3.1m. CEO: Klaus Abildskov Væsel.

Bankruptcy risk for TRENDLINE LEATHER A/S

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%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×
Capital changes2 · bankruptcy rate 5.2%0.59×

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
25896785
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
Klokkestøbervej 16
8800 Viborg
Municipality
Viborg
Industry
Engroshandel med kufferter og lædervarer (464930)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
4 (2018)
Auditor
Revisionsfirmaet Lars Olsen A/S
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 25
Missing annual reportNo
Negative equityYes
Equity ratio-5,668.1%
Current ratio1%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 88k–
Net profitDKK -3.1m–
EquityDKK -4.9m–
Total assetsDKK 87k–
CashDKK 535–
Short-term debtDKK 4.9m–
Tax owedDKK 0–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionsfirmaet Lars Olsen A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022192 Late
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020138
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017138
1 Jan 2016 – 31 Dec 2016174
1 Jan 2015 – 31 Dec 2015161
1 Jan 2014 – 31 Dec 2014180
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012150
1 Jan 2011 – 31 Dec 2011157
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009104
1 Jan 2008 – 31 Dec 2008117
1 Jan 2007 – 31 Dec 200799
1 Jan 2006 – 31 Dec 2006149

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
CEOKlaus Abildskov VæselCurrent
BoardKlaus Abildskov VæselCurrent
BoardLone Rust ChristensenCurrent
BoardIda Abildskov VæselCurrent
BoardKurt Abildskov Væsel
BoardUffe Abildskov Væsel
Owner (100%)ABILDSKOV HOLDING ApSCurrent
AuditorUllits & Winther Statsautoriserederevisorer I/S
AuditorLundvej 20 ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorRevisionsfirmaet Lars Olsen Registreret Revisionsaktieselskab
FounderKlaus Abildskov VæselCurrent

The CEOs' other companies

Klaus Abildskov Væsel – 4 other companies

Address history (3 moves)

Klokkestøbervej 16, 8800 Viborg
Livøvej 7D, 8800 Viborg
Holstebrovej 76, 8800 Viborg
Nonbo Krat 8, 8800 Viborg

Former names

TRENDLINE LEATHER A/S – now
TRENDLINE LEATHER AGENCY ApS –

Employees per year

Number of employees at TRENDLINE LEATHER A/S per year242011: 220112012: 320122013: 220132014: 220142015: 220152016: 220162017: 320172018: 42018

Similar companies in Viborg

Questions and answers about TRENDLINE LEATHER A/S

Has TRENDLINE LEATHER A/S gone bankrupt?

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

What is the bankruptcy risk of TRENDLINE LEATHER A/S?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of TRENDLINE LEATHER A/S?

Klaus Abildskov Væsel is the CEO of TRENDLINE LEATHER A/S.

Who is the auditor of TRENDLINE LEATHER A/S?

TRENDLINE LEATHER A/S most recently used Revisionsfirmaet Lars Olsen A/S.

When was TRENDLINE LEATHER A/S founded?

TRENDLINE LEATHER A/S was founded on 14 February 2001.

What is the equity of TRENDLINE LEATHER A/S?

Equity was DKK -4.9m 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.