KIESEL SCANDINAVIA A/S

CVR 26440394 · Public limited company (A/S) · Active · Low risk

KIESEL SCANDINAVIA A/S is a Public limited company (A/S), founded on , based in Kolding. The company is registered in the industry engroshandel med maskiner til minedrift og bygge- og anlægsaktiviteter. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 4.4m and a net result of DKK -2.2m. CEO: Ute Graff.

Bankruptcy risk for KIESEL SCANDINAVIA A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
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×
Auditor registered in CVRYes · 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
26440394
Status
Active
Company type
Public limited company (A/S)
Founded
(24 years)
Address
Profilvej 20
6000 Kolding
Municipality
Kolding
Industry
Engroshandel med maskiner til minedrift og bygge- og anlægsaktiviteter (466300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
17 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 24
Missing annual reportNo
Negative equityNo
Equity ratio16.3%
Current ratio100%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.2mDKK 4.2mDKK 2.4m
Net profitDKK -2.2mDKK -1.0mDKK -1.1m
EquityDKK 4.4mDKK 6.6mDKK 7.6m
Total assetsDKK 26.9mDKK 18.0mDKK 27.2m
CashDKK 6.8mDKK 1.7m–
Short-term debtDKK 19.3mDKK 7.7m–
Avg. employees78–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025106
1 Jan 2024 – 31 Dec 202463
1 Jan 2023 – 31 Dec 2023128
1 Jan 2022 – 31 Dec 2022111
1 Jan 2021 – 31 Dec 2021168
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019132
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017166
1 Jan 2016 – 31 Dec 2016143
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014177
1 Jan 2013 – 31 Dec 2013166
1 Jan 2012 – 31 Dec 2012180
1 Jan 2011 – 31 Dec 2011141
1 Jan 2010 – 31 Dec 2010143
1 Jan 2009 – 31 Dec 2009173
1 Jan 2008 – 31 Dec 2008173
1 Jan 2007 – 31 Dec 2007174
1 Jan 2006 – 31 Dec 2006157

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
CEOUte GraffCurrent
CEOLars Bo Christensen
CEOEbbe Trustrup Hansen
CEOHenrik Hansen
BoardToni KieselCurrent
BoardUte GraffCurrent
BoardMaximilian Ludwig SchmidtCurrent
BoardLars Bo Christensen
BoardEbbe Trustrup Hansen
BoardMårten Jesper Hede
BoardJussi Kiski
BoardJan-Erik Ling
BoardErik Gulsvik
BoardToni Kiesel
BoardHans Thomas Vadstedt
BoardJochen Richard Heinz Lang
BoardMichael Kurt Hartmut Küchen
BoardHenrik Hansen
BoardMaik Spindler
Owner (100%)Kiesel GmbHCurrent
Owner (100%)KIESEL SCANDINAVIA HOLDING A/S
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorCØP ApS
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorSelskabet Slagelse af 24. oktober 2025 A/S
FounderKIESEL SCANDINAVIA HOLDING A/SCurrent

The CEOs' other companies

Lars Bo Christensen – 7 other companies, of which 3 bankrupt

Henrik Hansen – 4 other companies

Address history (3 moves)

Profilvej 20, 6000 Kolding
Platinvej 22, 6000 Kolding
Smålodsvej 35, 4100 Ringsted
Bjergets Vej 71, 9440 Aabybro

Former names

KIESEL SCANDINAVIA A/S – now
KIESEL SKANDINAVIA A/S –

Employees per year

Number of employees at KIESEL SCANDINAVIA A/S per year9172011: 1120112012: 1320122013: 1020132014: 1020142015: 1320152016: 1020162017: 1320172018: 172018

Other companies at the same address

Similar companies in Kolding

Questions and answers about KIESEL SCANDINAVIA A/S

Has KIESEL SCANDINAVIA A/S gone bankrupt?

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

What is the bankruptcy risk of KIESEL SCANDINAVIA A/S?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of KIESEL SCANDINAVIA A/S?

Ute Graff is the CEO of KIESEL SCANDINAVIA A/S.

Who is the auditor of KIESEL SCANDINAVIA A/S?

KIESEL SCANDINAVIA A/S most recently used EY Godkendt Revisionspartnerselskab.

When was KIESEL SCANDINAVIA A/S founded?

KIESEL SCANDINAVIA A/S was founded on 1 February 2002.

What is the equity of KIESEL SCANDINAVIA A/S?

Equity was DKK 4.4m 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.