DANCUTTER A/S

CVR 26672678 · Public limited company (A/S) · Active · Low risk

DANCUTTER A/S is a Public limited company (A/S), founded on , based in Viborg. The company is registered in the industry engroshandel med maskiner til minedrift og bygge- og anlægsaktiviteter. 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 1 more than six months after the end of the financial year. The latest annual report (31 Mar 2026) shows equity of DKK 26.1m and a net result of DKK 8.0m.

Bankruptcy risk for DANCUTTER 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

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
26672678
Status
Active
Company type
Public limited company (A/S)
Founded
(24 years)
Address
Livøvej 1A
8800 Viborg
Municipality
Viborg
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 600k
Employees
15 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 24
Missing annual reportNo
Negative equityNo
Equity ratio68.7%
Current ratio491%
Moves (last 2 years)0
CEO changes in total8
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 21.0mDKK 22.4mDKK 26.6m
Net profitDKK 8.0mDKK 9.5mDKK 13.0m
EquityDKK 26.1mDKK 26.1mDKK 24.6m
Total assetsDKK 38.0mDKK 36.4mDKK 36.8m
CashDKK 750kDKK 2.7m–
Short-term debtDKK 6.1mDKK 3.5m–
Tax owedDKK 288kDKK 0–
Avg. employees1618–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026184 Late
1 Apr 2024 – 31 Mar 202593
1 Apr 2023 – 31 Mar 2024159
1 Apr 2022 – 31 Mar 202368
1 Jan 2021 – 31 Mar 202277
1 Jan 2020 – 31 Dec 202077
1 Jan 2019 – 31 Dec 201980
1 Jan 2018 – 31 Dec 201874
1 Jan 2017 – 31 Dec 201787
1 Jan 2016 – 31 Dec 2016123
1 Jan 2015 – 31 Dec 2015111
1 Jan 2014 – 31 Dec 2014120
1 Jan 2013 – 31 Dec 2013139
1 Jan 2012 – 31 Dec 2012147
1 Jan 2011 – 31 Dec 2011120
1 Jan 2010 – 31 Dec 201075
1 Jan 2009 – 31 Dec 2009161
1 Jan 2008 – 31 Dec 2008113
1 Jan 2007 – 31 Dec 2007165
1 Jan 2006 – 31 Dec 200692

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
CEOLone Lykke Gammelgaard
CEOLars Stenberg Nielsen
CEODorthe Højrup Johansen
CEOStephen Anthony Harris
BoardShane EganCurrent
BoardSimon HoffgaardCurrent
BoardStephen Anthony HarrisCurrent
BoardCarly Jane BrayCurrent
BoardJørgen Lund
BoardPer Høj Jørgensen
BoardLone Lykke Gammelgaard
BoardIvan Høeg
BoardLars Stenberg Nielsen
BoardKristen Gammelgaard
BoardLiselotte Lynge
BoardClaus Lykke Gregersen
BoardTom Davies
BoardStephen Anthony Harris
BoardDorthe Højrup Johansen
BoardStephen Anthony Harris
BoardCarly Jane Bray
BoardStephen Anthony Harris
BoardCarly Jane Bray
Owner (100%)Halma International LimitedCurrent
Owner (33%)Lykke Invest Holding ApS
Owner (50%)LARS STENBERG HOLDING VIBORG ApS
Owner (10%)Lykke Invest Holding ApS
Owner (90%)LARS STENBERG HOLDING VIBORG ApS
Owner (100%)LARS STENBERG HOLDING VIBORG ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorLundvej 20 ApS
AuditorRevisionsfirmaet Lars Olsen Registreret Revisionsaktieselskab
FounderLone Lykke GammelgaardCurrent

The CEOs' other companies

Lone Lykke Gammelgaard – 4 other companies

Lars Stenberg Nielsen – 10 other companies, of which 1 bankrupt

Dorthe Højrup Johansen – 1 other companies

Address history (3 moves)

Livøvej 1A, 8800 Viborg
Industrivej 10, 7850 Stoholm Jyll
Industrivej 10, 7850 Stoholm Jyll
Egevænget 18, 7850 Stoholm Jyll

Former names

DANCUTTER A/S – now
DANCUTTER ApS –
DANCUTTER ApS UNDER STIFTELSE –

Employees per year

Number of employees at DANCUTTER A/S per year8152011: 920112012: 1020122013: 920132014: 920142015: 620152016: 820162017: 1020172018: 152018

Other companies at the same address

Similar companies in Viborg

Questions and answers about DANCUTTER A/S

Has DANCUTTER A/S gone bankrupt?

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

What is the bankruptcy risk of DANCUTTER 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 DANCUTTER A/S?

DANCUTTER A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was DANCUTTER A/S founded?

DANCUTTER A/S was founded on 1 January 2002.

What is the equity of DANCUTTER A/S?

Equity was DKK 26.1m according to the annual report for the period ending 31 March 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.