Fiskars Denmark (Vita) A/S

CVR 26573572 · Public limited company (A/S) · Active · Low risk

Fiskars Denmark (Vita) A/S is a Public limited company (A/S), founded on 23 April 2002, based in Frederiksberg. The company is registered in the industry engroshandel med porcelæns- og glasvarer. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.2bn and a net result of DKK -165.0m.

Bankruptcy risk for Fiskars Denmark (Vita) A/S

0.1%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 33% 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×

CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

RegionHovedstaden · bankruptcy rate 11.6%1.3×

Other companies at the same address100+ · bankruptcy rate 11.5%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

Reporting classReporting class C, large enterprise · bankruptcy rate 0.2%0.03×

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

Employees (latest year)100+ · bankruptcy rate 2.3%0.27×

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

Company typeA/S · bankruptcy rate 4.4%0.50×

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: 26573572
Status: Active
Company type: Public limited company (A/S)
Founded: 23 April 2002 (24 years)
Address: Dirch Passers Allé 76, 1.
2000 Frederiksberg
Municipality: Frederiksberg
Industry: Engroshandel med porcelæns- og glasvarer (464410)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital: DKK 21.0m
Employees: 213 (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	63.2%
Current ratio	142%
Moves (last 2 years)	1
CEO changes in total	0
CEO's previous bankruptcies	0
Other companies at the address	133
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Revenue	DKK 1.3bn	DKK 698.0m	DKK 899.0m
Gross profit	–	DKK 330.0m	DKK 533.0m
Net profit	DKK -165.0m	DKK -16.0m	DKK 214.0m
Equity	DKK 1.2bn	DKK 1.4bn	DKK 261.0m
Total assets	DKK 1.9bn	DKK 2.3bn	DKK 1.4bn
Cash	DKK 1.0m	DKK 4.0m	–
Short-term debt	DKK 515.0m	DKK 211.0m	–
Tax owed	DKK 0	DKK 9.0m	–
Avg. employees	401	232	–

Latest annual report: Reporting class C, large enterprise · auditor's statement: Auditor's report on audited financial statements · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	30 Jun 2026	181
1 Jan 2024 – 31 Dec 2024	2 Jul 2025	183
1 Jan 2023 – 31 Dec 2023	28 Jun 2024	180
1 Jan 2022 – 31 Dec 2022	30 Jun 2023	181
1 Jan 2021 – 31 Dec 2021	6 Jul 2022	187	Late
1 Jan 2020 – 31 Dec 2020	9 Jun 2021	160
1 Jan 2019 – 31 Dec 2019	3 Aug 2020	216	Late
1 Jan 2018 – 31 Dec 2018	6 Jun 2019	157
1 Jan 2017 – 31 Dec 2017	6 Jun 2018	157
1 Jan 2016 – 31 Dec 2016	21 Jun 2017	172
1 Jan 2015 – 31 Dec 2015	15 Jun 2016	167
1 Jan 2014 – 31 Dec 2014	2 Jul 2015	183
1 Jan 2013 – 31 Dec 2013	30 May 2014	150
1 Jan 2012 – 31 Dec 2012	29 May 2013	149
1 Jan 2011 – 31 Dec 2011	9 Apr 2012	100
1 Jan 2010 – 31 Dec 2010	31 Mar 2011	90
1 Jan 2009 – 31 Dec 2009	28 Apr 2010	118
1 Jan 2008 – 31 Dec 2008	21 May 2009	141
1 Jan 2007 – 31 Dec 2007	17 Mar 2008	77
1 Oct 2005 – 30 Sep 2006	6 Mar 2007	157

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
Board	Päivi Maarit Timonen	7 Jun 2016	Current
Board	Daniel Joseph Alexis Lalonde	30 Jun 2026	Current
Board	Niko Johannes Haavisto	21 Aug 2026	Current
Board	Aamir Shaukat	18 Sep 2026	Current
Board	Michael Ring	23 Apr 2002	11 Aug 2003
Board	Peter Normann Nielsen	23 Apr 2002	6 Feb 2004
Board	Dorthe Louise Hjortskov	23 Apr 2002	27 May 2002
Board	Søren Nielsen	23 Apr 2002	27 May 2002
Board	Jens Ivor Larsen	31 Mar 2003	27 Apr 2005
Board	Bent Kaj Larsen	31 Mar 2003	23 Mar 2011
Board	Per Hellmann	31 Mar 2003	27 Apr 2005
Board	Hans Kristian Plauborg Højsgaard	11 Aug 2003	6 Feb 2004
Board	Jan Oscar Frøshaug	6 Feb 2004	28 Jan 2005
Board	Nils Ulrik Garde Due	6 Feb 2004	21 Sep 2010
Board	Flemming Bent Lindeløv	3 Feb 2005	28 Nov 2006
Board	Jens Ivor Larsen	17 Jun 2005	8 Jan 2010
Board	Hans Henrik Lund	21 Sep 2006	1 Jun 2011
Board	Irene Enestrøm	15 Jan 2007	1 Jun 2010
Board	Erik Danquard Jensen	21 Sep 2009	21 Sep 2009
Board	Helle Sandborg Nielsen	8 Jan 2010	31 Dec 2018
Board	Helle Sandborg Nielsen	8 Jan 2010	15 Jan 2007
Board	Poul Møller	22 Apr 2010	21 Sep 2010
Board	Niels Hermansen	22 Apr 2010	1 Jan 2013
Board	Rolf Eriksen	22 Apr 2010	1 Jan 2013
Board	Nikolaj Vejlsgaard	21 Sep 2010	1 Jan 2013
Board	Erik Danquard Jensen	21 Sep 2010	1 Jan 2013
Board	Mai-Lis Hildebrandt Nielsen	23 Mar 2011	31 Dec 2018
Board	Jakob Preisler	23 Mar 2011	31 Dec 2018
Board	Irene Enestrøm	23 Mar 2011	21 Mar 2014
Board	Allan Mortensen	23 Mar 2011	30 Sep 2013
Board	Jutta Christina Karlsson	1 Jan 2013	30 Apr 2014
Board	Steven Gordon Robson	1 Jan 2013	7 Feb 2014
Board	Ilkka Tapio Pitkänen	1 Jan 2013	4 Jun 2014
Board	Sari Somerkallio	7 Feb 2014	16 Aug 2021
Board	Teemu Kangas-Kärki	4 Jun 2014	6 Sep 2017
Board	Päivi Maarit Timonen	4 Jun 2014	6 Jun 2016
Board	Sari Katriina Pohjonen	6 Sep 2017	16 Aug 2021
Board	Satu Roman	16 Aug 2021	30 Sep 2024
Board	Jussi Pekka Kaarlo Siitonen	16 Aug 2021	29 Sep 2024
Board	Aamir Shaukat	30 Sep 2024	30 Jun 2026
Board	Jussi Pekka Kaarlo Siitonen	30 Sep 2024	21 Aug 2026
Owner (100%)	Vita SC Finland Oy Ab	1 Sep 2017	Current
Owner (100%)	FISKARS SILKEBORG A/S	4 Jan 2013	31 Aug 2017
Auditor	EY Godkendt Revisionspartnerselskab	21 May 2019	Current
Auditor	CJ Partnership I/S	23 Apr 2002	1 Jan 2008
Auditor	EY Godkendt Revisionspartnerselskab	1 Jan 2008	25 Sep 2009
Auditor	PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB	25 Sep 2009	1 Jul 2011
Auditor	PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB	1 Jul 2011	27 May 2013
Auditor	EY Godkendt Revisionspartnerselskab	27 May 2013	26 May 2014
Auditor	KPMG P/S	27 May 2014	21 May 2019

Address history (3 moves)

3 Mar 2025	Dirch Passers Allé 76, 1., 2000 Frederiksberg
24 Jan 2014	Smedeland 46, 2600 Glostrup
6 Feb 2004	Smedeland 17, 2600 Glostrup
23 Apr 2002	Smallegade 45, 2000 Frederiksberg

Former names

Fiskars Denmark (Vita) A/S	1 Feb 2026 – now
FISKARS DENMARK A/S	26 Feb 2015 – 31 Jan 2026
ROYAL COPENHAGEN A/S	23 Apr 2002 – 25 Feb 2015

Employees per year

Other companies at the same address

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Carl RE Holding Komplementar ApS Active
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Similar companies in Frederiksberg

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Questions and answers about Fiskars Denmark (Vita) A/S

Has Fiskars Denmark (Vita) A/S gone bankrupt?

No, Fiskars Denmark (Vita) A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Fiskars Denmark (Vita) 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 Fiskars Denmark (Vita) A/S?

Fiskars Denmark (Vita) A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Fiskars Denmark (Vita) A/S founded?

Fiskars Denmark (Vita) A/S was founded on 23 April 2002.

What is the equity of Fiskars Denmark (Vita) A/S?

Equity was DKK 1.2bn 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.