CREDIN A/S

CVR 26447003 · Public limited company (A/S) · Active · Low risk

CREDIN A/S is a Public limited company (A/S), founded on 4 February 2002, based in Juelsminde. The company is registered in the industry fremstilling af mølleriprodukter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 187.5m and a net result of DKK 38.3m.

Bankruptcy risk for CREDIN A/S

0.1%

probability of bankruptcy within 12 months

Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Number of CEOs0 · bankruptcy rate 12.7%1.4×

Website registeredYes · bankruptcy rate 12.0%1.4×

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×

Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×

Published annual reports10+ · bankruptcy rate 3.0%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: 26447003
Status: Active
Company type: Public limited company (A/S)
Founded: 4 February 2002 (24 years)
Address: Palsgaardvej 10
7130 Juelsminde
Municipality: Hedensted
Industry: Fremstilling af mølleriprodukter (106100)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital: DKK 5.0m
Employees: 72 (2018)
Auditor: EY Godkendt Revisionspartnerselskab
Audit opted out: No

Warning signs

Annual reports filed late	5 of 24
Missing annual report	No
Negative equity	No
Equity ratio	71.7%
Current ratio	208%
Moves (last 2 years)	1
CEO changes in total	5
CEO's previous bankruptcies	0
Other companies at the address	15
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Revenue	DKK 229.7m	DKK 240.8m	DKK 234.1m
Gross profit	–	DKK 49.1m	DKK 33.4m
Net profit	DKK 38.3m	DKK 64.9m	DKK 37.4m
Equity	DKK 187.5m	DKK 216.9m	DKK 190.0m
Total assets	DKK 261.4m	DKK 280.9m	DKK 270.9m
Short-term debt	DKK 35.2m	DKK 30.8m	–
Tax owed	DKK 118k	–	–
Avg. employees	57	57	–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	1 Jul 2026	182
1 Jan 2024 – 31 Dec 2024	1 Jul 2025	182
1 Jan 2023 – 31 Dec 2023	1 Jul 2024	183
1 Jan 2022 – 31 Dec 2022	4 Jul 2023	185	Late
1 Jan 2021 – 31 Dec 2021	6 Jul 2022	187	Late
1 Jan 2020 – 31 Dec 2020	7 Jul 2021	188	Late
1 Jan 2019 – 31 Dec 2019	8 Jul 2020	190	Late
1 Jan 2018 – 31 Dec 2018	29 May 2019	149
1 Jan 2017 – 31 Dec 2017	22 May 2018	142
1 Jan 2016 – 31 Dec 2016	22 May 2017	142
1 Jan 2015 – 31 Dec 2015	10 May 2016	131
1 Jan 2014 – 31 Dec 2014	29 May 2015	149
1 Jan 2013 – 31 Dec 2013	29 Jul 2014	210	Late
1 Jan 2012 – 31 Dec 2012	10 Jun 2013	161
1 Jan 2011 – 31 Dec 2011	28 May 2012	149
1 Jan 2010 – 31 Dec 2010	8 Jun 2011	159
1 Jan 2009 – 31 Dec 2009	2 Jun 2010	153
1 Jan 2008 – 31 Dec 2008	8 Jun 2009	159
1 Jan 2007 – 31 Dec 2007	8 Jun 2008	160
1 Jan 2006 – 31 Dec 2006	29 May 2007	149

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

Role	Name	From	To
CEO	Helle Freundlich Andersen	4 Feb 2002	25 Apr 2002
CEO	Hans Henrik Bech Christensen	25 Apr 2002	20 Dec 2002
CEO	Leif Knudsen	25 Apr 2002	20 Dec 2002
Board	Lars Thybo Weibel	9 May 2016	Current
Board	Halvor Liodden	9 May 2016	Current
Board	Karin Andersson	27 Sep 2021	Current
Board	Ida Lerche Sørensen	14 Mar 2024	Current
Board	Charlotte Kanstrup Dupont	14 Mar 2024	Current
Board	Karl Fredrik Hansson Lantau	9 Oct 2025	Current
Board	Michael Egede Budtz	4 Feb 2002	25 Apr 2002
Board	Henrik Thal Jantzen	4 Feb 2002	25 Apr 2002
Board	Anders Bjerre Lavesen	4 Feb 2002	25 Apr 2002
Board	Niels Ole Viggo Andersen	25 Apr 2002	18 Jun 2002
Board	Birger Brix	25 Apr 2002	20 Dec 2002
Board	Povl Vilhelm Wohlert	25 Apr 2002	18 Jun 2002
Board	Knud Brix	25 Apr 2002	20 Dec 2002
Board	Rasmus Christiansen	25 Apr 2002	20 Dec 2002
Board	Alfred Kjær Hansen	25 Apr 2002	20 Dec 2002
Board	Mogens Nielsen	20 Dec 2002	17 Dec 2004
Board	Jone Voll	20 Dec 2002	17 Jan 2006
Board	Arne Løken	20 Dec 2002	7 May 2007
Board	Halvor Liodden	20 Dec 2002	27 May 2008
Board	Gert Lykkegaard	24 Sep 2003	24 Apr 2012
Board	Britta Else Sørensen	24 Sep 2003	27 May 2008
Board	Peter Eriksen Jensen	26 May 2004	1 Aug 2005
Board	Jørn Unneberg	26 May 2004	27 May 2008
Board	Johannes Have Søndergaard	17 Dec 2004	27 May 2008
Board	Ulf Thore Svensson	1 Aug 2005	17 Jan 2006
Board	Niels Stig Søgaard	6 Sep 2005	27 May 2008
Board	Erik Niels Peter Gjelstrup	27 May 2008	1 Sep 2009
Board	John Stokholm	27 May 2008	1 Sep 2015
Board	Jacob Andersen	27 May 2008	12 May 2009
Board	Antonio Viriato Santa Barbara Malveiro Jorge	27 May 2008	16 May 2012
Board	Marek Dydak	27 May 2008	9 May 2016
Board	Vitor Manuel Da Silva	27 May 2008	9 May 2016
Board	Lidia Mariola Strzelecka	27 May 2008	9 May 2016
Board	Jens Ole Potempa	12 May 2009	24 Apr 2012
Board	Jimmy Hansen	24 Apr 2012	30 Jun 2020
Board	Henrik Skov Sørensen	24 Apr 2012	30 Jun 2020
Board	Søren Bender Egesborg	9 May 2016	23 Aug 2017
Board	Hans Åke Mars	23 Aug 2017	28 May 2019
Board	Lidia Mariola Strzelecka	11 Jul 2019	29 Jun 2020
Board	Fernando Jorge Coelho	11 Jul 2019	30 Jun 2020
Board	Chris Konnerup Andersen	30 Jun 2020	13 Mar 2024
Board	Helle Lodahl	30 Jun 2020	13 Mar 2024
Owner (100%)	Orkla Food Ingredients Denmark A/S	13 Dec 2002	Current
Auditor	EY Godkendt Revisionspartnerselskab	10 May 2017	Current
Auditor	Green IV ApS	4 Feb 2002	25 Apr 2002
Auditor	BDO Holding VII, statsautoriseret revisionsaktieselskab	25 Apr 2002	16 Dec 2003
Auditor	EY Danmark A/S	16 Dec 2003	22 Jun 2012
Auditor	ERNST & YOUNG DENMARK P/S	22 Jun 2012	10 Oct 2014
Auditor	EY Godkendt Revisionspartnerselskab	10 Oct 2014	9 May 2017
Founder	KR 332 ApS	4 Feb 2002	Current

The CEOs' other companies

Helle Freundlich Andersen – 60 other companies, of which 42 bankrupt

AERIAL CONSULTANTS ApS Bankrupt 25 Nov 2005
AERIAL CONSULTANTS HOLDING ApS Bankrupt 25 Nov 2005
AFVIKLINGSSELSKABET AF 16. NOVEMBER 2003 ApS Bankrupt 26 Nov 2003
AGGRIT A/S Bankrupt 24 Nov 2010
ALAUDA ApS Bankrupt 5 Jan 2016
AVEXIT AF 30.06.04 A/S Bankrupt 16 Jul 2004
ApS 01052013 Bankrupt 11 Oct 2013
ApS 15052013 Bankrupt 28 Oct 2013
ApS KOMPLEMENTARSELSKABET VEJLEVEJ, HORSENS Bankrupt 5 Aug 2013
Armatec-FTS ApS Bankrupt 24 Jan 2025
C B C HUSE A/S Bankrupt 31 Oct 2005
CHANGE COMPANY ApS Bankrupt 10 May 2011
DANSK MEDIE DESIGN A/S Bankrupt 17 May 2010
DRAGO A/S Bankrupt 22 Mar 2016
DRIVEMASTER A/S Bankrupt 16 Dec 2009
Datoselskabet af 30.03.2021 A/S Bankrupt 13 Apr 2021
EVALESCO HOLDING ApS Bankrupt 28 Jul 2008
GLOBAL INFORMATION AXCESS ApS Bankrupt 4 May 2005
GUOROS ADVERTISING ApS Bankrupt 4 Oct 2002
ICEA DENMARK A/S Bankrupt 7 Mar 2003
INDUTEX ApS Bankrupt 28 Jul 2011
LANACARE NATURE ApS Bankrupt 7 Mar 2014
MMN INVEST ApS Bankrupt 10 Oct 2003
NETCONSULTING EUROPE ApS Bankrupt 1 Dec 2004
NORDIC CONTAINERPARTS ApS Bankrupt 3 Jun 2002
NORDIC SUPPLY HOLDING ApS Bankrupt 19 Feb 2008
PARTNER VOXTREAM A/S Bankrupt 30 Dec 2002
PowerWise ApS Bankrupt 29 Jan 2025
QVIST HERMAN ApS Bankrupt 18 Apr 2012
RETENTION DIALOGUE ApS Bankrupt 18 Jul 2002

Hans Henrik Bech Christensen – 2 other companies

PALSGAARD A/S Active
PALSGAARD INDUSTRI A/S Fusioneret

Leif Knudsen – 2 other companies

PALSGAARD A/S Active
PALSGAARD INDUSTRI A/S Fusioneret

Address history (4 moves)

9 Jul 2025	Palsgaardvej 10, 7130 Juelsminde
1 Jan 2007	Palsgaardvej 12, 7130 Juelsminde
20 Feb 2003	Palsgaardvej 12, 7130 Juelsminde
25 Apr 2002	Palsgaardvej 10, 7130 Juelsminde
4 Feb 2002	c/o Kromann Reumert, Rådhuspladsen 14, 1550 København V

Former names

CREDIN A/S	20 Feb 2003 – now
CREDIN BAGERIPARTNER A/S	20 Dec 2002 – 19 Feb 2003
CREDIN A/S	13 Dec 2002 – 19 Dec 2002
KR 327 A/S	4 Feb 2002 – 12 Dec 2002

Employees per year

Other companies at the same address

ANITA D'FOGED A/S Active
FÆRGEGÅRDSENGEN ApS Opløst
HELLEBJERG INVEST A/S Active
Juelsminde Naturlegeparks Aktiviteter ApS Active
Juelsmindehalvøens Solar A/S Active
Lorepa A/S Active
MSP HOLDING 2013 A/S Active
NEXUS A/S Active
PALSGAARD A/S Active
PALSGAARD GODS A/S Active
PALSGAARD INDUSTRI A/S Fusioneret
PHIHAU Aps Opløst
Palsgaard Bio Energy A/S Fusioneret
Palsgaard Solar A/S Active
Parelo A/S Active

Questions and answers about CREDIN A/S

Has CREDIN A/S gone bankrupt?

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

What is the bankruptcy risk of CREDIN A/S?

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

Who is the auditor of CREDIN A/S?

CREDIN A/S most recently used EY Godkendt Revisionspartnerselskab.

When was CREDIN A/S founded?

CREDIN A/S was founded on 4 February 2002.

What is the equity of CREDIN A/S?

Equity was DKK 187.5m 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.