ITS GROUP A/S

CVR 26839440 · Public limited company (A/S) · Active · Low risk

ITS GROUP A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry udlejning og leasing af biler og lette motorkøretøjer. Our model estimates a bankruptcy risk of 0.0% 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 Dec 2025) shows equity of DKK 21.7m and a net result of DKK 1.1m. CEO: Per Hedelund.

Bankruptcy risk for ITS GROUP A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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
26839440
Status
Active
Company type
Public limited company (A/S)
Founded
(24 years)
Address
Skomagervej 2A
7100 Vejle
Municipality
Vejle
Industry
Udlejning og leasing af biler og lette motorkøretøjer (771100)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 500k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 23
Missing annual reportNo
Negative equityNo
Equity ratio90.6%
Current ratio366%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -87kDKK -110k
Net profitDKK 1.1mDKK 3.1m
EquityDKK 21.7mDKK 24.2m
Total assetsDKK 24.0mDKK 26.1m
CashDKK 39k–
Short-term debtDKK 2.2m–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025121
1 Jan 2024 – 31 Dec 2024126
1 Jan 2023 – 31 Dec 2023113
1 Jan 2022 – 31 Dec 2022114
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020105
1 Jan 2019 – 31 Dec 201991
1 Jan 2018 – 31 Dec 2018123
1 Jan 2017 – 31 Dec 2017106
1 Jan 2016 – 31 Dec 2016128
1 Jan 2015 – 31 Dec 2015119
1 Jan 2014 – 31 Dec 2014117
1 Jan 2013 – 31 Dec 2013119
1 Jan 2012 – 31 Dec 201283
1 Jan 2011 – 31 Dec 2011120
1 Jan 2010 – 31 Dec 2010103
1 Jan 2009 – 31 Dec 2009122
1 Jan 2008 – 31 Dec 2008120
1 Jan 2007 – 31 Dec 2007143
1 Jan 2006 – 31 Dec 2006151

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
CEOPer HedelundCurrent
BoardPer HedelundCurrent
BoardInger Rosendahl HedelundCurrent
BoardMaiken Egstrand HedelundCurrent
BoardMorten Hellmann Rosendahl HedelundCurrent
BoardMorten Hellmann Rosendahl Hedelund
Owner (100%)Per HedelundCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderPer HedelundCurrent

The CEOs' other companies

Per Hedelund – 6 other companies

Address history (3 moves)

Skomagervej 2A, 7100 Vejle
Skomagervej 2 a, 7100 Vejle
Skomagervej 2 a, 7100 Vejle
Skovager 21, 7120 Vejle Øst

Former names

ITS GROUP A/S – now
ITS GROUP ApS –
HOLDINGSELSKABET SKOVAGER 21 ApS –
HOLDINGSELSKABET SKOVAGER 21 ApS –
HEDELUND HOLDING ApS UNDER STIFTELSE –

Other companies at the same address

Similar companies in Vejle

Questions and answers about ITS GROUP A/S

Has ITS GROUP A/S gone bankrupt?

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

What is the bankruptcy risk of ITS GROUP A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of ITS GROUP A/S?

Per Hedelund is the CEO of ITS GROUP A/S.

Who is the auditor of ITS GROUP A/S?

ITS GROUP A/S most recently used EY Godkendt Revisionspartnerselskab.

When was ITS GROUP A/S founded?

ITS GROUP A/S was founded on 24 October 2002.

What is the equity of ITS GROUP A/S?

Equity was DKK 21.7m 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.