KINGSPAN A/S

CVR 26065267 · Public limited company (A/S) · Active · Low risk

KINGSPAN A/S is a Public limited company (A/S), founded on , based in Støvring. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 28.3m and a net result of DKK 2.3m.

Bankruptcy risk for KINGSPAN A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
26065267
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
Mercurvej 12A
9530 Støvring
Municipality
Rebild
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 2.0m
Employees
10 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 24
Missing annual reportNo
Negative equityNo
Equity ratio71.5%
Current ratio360%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 97.6mDKK 91.3mDKK 67.5m
Gross profitDKK 9.4mDKK 10.1mDKK 9.3m
Net profitDKK 2.3mDKK 2.4mDKK 1.5m
EquityDKK 28.3mDKK 26.0mDKK 23.6m
Total assetsDKK 39.6mDKK 31.4mDKK 28.6m
CashDKK 0DKK 12.7m–
Short-term debtDKK 10.7mDKK 4.5m–
Tax owedDKK 648kDKK 739k–
Avg. employees1010–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025163
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020195 Late
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018136
1 Jan 2017 – 31 Dec 2017109
1 Jan 2016 – 31 Dec 2016172
1 Jan 2015 – 31 Dec 2015165
1 Jan 2014 – 31 Dec 2014173
1 Jan 2013 – 31 Dec 2013144
1 Oct 2011 – 31 Dec 2012174
1 Oct 2010 – 30 Sep 201138
1 Oct 2009 – 30 Sep 2010138
1 Oct 2008 – 30 Sep 2009154
1 Oct 2007 – 30 Sep 2008112
1 Oct 2006 – 30 Sep 200779
1 Oct 2005 – 30 Sep 2006108

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
CEORichard Odgaard
BoardDavid KasikCurrent
BoardThomas FlynnCurrent
BoardMichal CervinkaCurrent
BoardHeinz-Dieter Darkow
BoardHans Maurer
BoardDR Torsten Schlüter
BoardHorst Dieter Schulz
BoardPeter Heinrich Segler
BoardJacques Alphonse Jules Castelein
BoardMartin Kaiser
BoardDorjee Leendert
BoardHorst Dieter Schulz
BoardThomas Polonyi
BoardVolker Senger
BoardThomas Alphonsus McGuinness
BoardPeter James Cameron Bullough
BoardGilbert McCarthy
BoardPaul Francis O'Gorman
BoardNigel Stuart Croft
BoardChristopher Garret Crowe
BoardDavid McMahon
BoardBozena Leskova
BoardDavid Kasik
BoardJitka Nemcova
Owner (100%)Kingspan GmbHCurrent
Owner (100%)Kingspan GmbH
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorKpmg C Jespersen
AuditorEY Godkendt Revisionspartnerselskab
AuditorKPMG P/S
FounderThyssen Krupp Stahl Bauelemente GMBHCurrent

The CEOs' other companies

Richard Odgaard – 3 other companies, of which 1 bankrupt

Address history (2 moves)

Mercurvej 12A, 9530 Støvring
Mercurvej 12A, 9530 Støvring
Sætervej 24, 9520 Skørping

Former names

KINGSPAN A/S – now
HOESCH BYGGESYSTEM A/S –
KINGSPAN A/S –
THYSSENKRUPP BYGGESYSTEM A/S –
THYSSEN HOESCH DANMARK A/S –

Employees per year

Number of employees at KINGSPAN A/S per year5102011: 920112012: 820122013: 920132014: 920142015: 820152016: 720162017: 720172018: 102018

Other companies at the same address

Similar companies in Rebild

Questions and answers about KINGSPAN A/S

Has KINGSPAN A/S gone bankrupt?

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

What is the bankruptcy risk of KINGSPAN A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of KINGSPAN A/S?

KINGSPAN A/S most recently used EY Godkendt Revisionspartnerselskab.

When was KINGSPAN A/S founded?

KINGSPAN A/S was founded on 17 May 2001.

What is the equity of KINGSPAN A/S?

Equity was DKK 28.3m 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.