SPANGSBERG CHOKOLADE A/S

CVR 26458005 · Public limited company (A/S) · Active · Low risk

SPANGSBERG CHOKOLADE A/S is a Public limited company (A/S), founded on , based in Vedbæk. The company is registered in the industry fremstilling af kakao, chokolade og sukkervarer. 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 8 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 54.9m and a net result of DKK 4.7m. CEO: Michael Spangsberg.

Bankruptcy risk for SPANGSBERG CHOKOLADE 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

RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
26458005
Status
Active
Company type
Public limited company (A/S)
Founded
(24 years)
Address
c/o Michael Spangsberg, Vedbæk Strandvej 462
2950 Vedbæk
Municipality
Rudersdal
Industry
Fremstilling af kakao, chokolade og sukkervarer (108200)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 2.0m
Employees
74 (2018)
Auditor
BAAGØE SCHOU STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late9 of 24
Missing annual reportNo
Negative equityNo
Equity ratio35.0%
Current ratio128%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 39.0mDKK 38.5mDKK 34.2m
Net profitDKK 4.7mDKK 4.0mDKK 4.2m
EquityDKK 54.9mDKK 50.1mDKK 46.1m
Total assetsDKK 157.0mDKK 140.5mDKK 105.9m
CashDKK 36.1mDKK 14.6m–
Short-term debtDKK 98.8mDKK 86.7m–
Tax owedDKK 1.7mDKK 1.3m–
Avg. employees5153–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Baagøe | Schou, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023194 Late
1 Jan 2022 – 31 Dec 2022194 Late
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020196 Late
1 Jan 2019 – 31 Dec 2019258 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012165
1 Jan 2011 – 31 Dec 2011169
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009172
1 Jan 2008 – 31 Dec 2008187 Late
1 Jan 2007 – 31 Dec 2007160
1 Jan 2006 – 31 Dec 2006150

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
CEOMichael SpangsbergCurrent
CEOKim Madsen
BoardTorben DigemoseCurrent
BoardMichael SpangsbergCurrent
BoardFrederik SpangsbergCurrent
BoardPeter Ernst Wengler-JørgensenCurrent
Owner (100%)MISP HOLDING A/SCurrent
Owner (25%)Frederik Spangsberg
Owner (25%)Nicolai Egeberg Larsen
Owner (25%)Mette Spangsberg
AuditorBAAGØE SCHOU STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorTIMEVISION BRØNDBY GODKENDT REVISIONSAKTIESELSKAB
FounderANPARTSSELSKABET STAKEMANNCurrent

The CEOs' other companies

Michael Spangsberg – 45 other companies, of which 8 bankrupt

Kim Madsen – 57 other companies, of which 57 bankrupt

Address history (6 moves)

c/o Michael Spangsberg, Vedbæk Strandvej 462, 2950 Vedbæk
c/o Michael Spangsberg, Vedbæk Strandvej 462, 2950 Vedbæk
c/o Michael Spangsberg, Rønnebærtoften 10, 2950 Vedbæk
c/o Michael Spangsberg, Tuborg Havnepark 16, 6., 2900 Hellerup
c/o MISP HOLDING A/S, Søvej 25A, 2840 Holte
c/o MISP HOLDING A/S, Søvej 25A, 2840 Holte
c/o Aktieselskabet Stakemann, Kronprinsessegade 18, 1306 København K

Former names

SPANGSBERG CHOKOLADE A/S – now
VIKING CHOKOLADE A/S –
SPANGSBERG CHOKOLADEFABRIK A/S –
MS INVESTOR ApS –
ApS KBUS 38 NR. 4789 –

Employees per year

Number of employees at SPANGSBERG CHOKOLADE A/S per year37742011: 2120112012: 2020122013: 2220132014: 2820142015: 3520152016: 5320162017: 5220172018: 742018

Other companies at the same address

Similar companies in Rudersdal

Questions and answers about SPANGSBERG CHOKOLADE A/S

Has SPANGSBERG CHOKOLADE A/S gone bankrupt?

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

What is the bankruptcy risk of SPANGSBERG CHOKOLADE 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 CEO of SPANGSBERG CHOKOLADE A/S?

Michael Spangsberg is the CEO of SPANGSBERG CHOKOLADE A/S.

Who is the auditor of SPANGSBERG CHOKOLADE A/S?

SPANGSBERG CHOKOLADE A/S most recently used BAAGØE SCHOU STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was SPANGSBERG CHOKOLADE A/S founded?

SPANGSBERG CHOKOLADE A/S was founded on 7 February 2002.

What is the equity of SPANGSBERG CHOKOLADE A/S?

Equity was DKK 54.9m 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.