FREE-FORM A/S

CVR 27226787 · Public limited company (A/S) · Active · Low risk

FREE-FORM A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry fremstilling af håndværktøj. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 8.3m and a net result of DKK 1.2m. CEO: Morten Nis Wittendorff Sørensen.

Bankruptcy risk for FREE-FORM A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late2 · bankruptcy rate 10.4%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
27226787
Status
Active
Company type
Public limited company (A/S)
Founded
(23 years)
Address
Bødkervej 8
7100 Vejle
Municipality
Vejle
Industry
Fremstilling af håndværktøj (256300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 500k
Employees
20 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 23
Missing annual reportNo
Negative equityNo
Equity ratio36.9%
Current ratio120%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 10.0mDKK 7.7mDKK 10.6m
Net profitDKK 1.2mDKK -787kDKK 951k
EquityDKK 8.3mDKK 7.1mDKK 7.8m
Total assetsDKK 22.5mDKK 23.7mDKK 26.9m
CashDKK 36kDKK 308k–
Short-term debtDKK 9.8mDKK 10.1m–
Tax owed–DKK 0–
Avg. employees1111–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025107
1 Jan 2024 – 31 Dec 2024157
1 Jan 2023 – 31 Dec 2023162
1 Jan 2022 – 31 Dec 2022152
1 Jan 2021 – 31 Dec 2021119
1 Jan 2020 – 31 Dec 202082
1 Jan 2019 – 31 Dec 2019255 Late
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016123
1 Jan 2015 – 31 Dec 2015168
1 Jan 2014 – 31 Dec 2014176
1 Jan 2013 – 31 Dec 201399
1 Jan 2012 – 31 Dec 2012143
1 Jan 2011 – 31 Dec 2011136
1 Jan 2010 – 31 Dec 2010149
1 Jan 2009 – 31 Dec 2009159
1 Jan 2008 – 31 Dec 2008176
1 Jan 2007 – 31 Dec 2007279 Late
1 Jan 2006 – 31 Dec 2006182

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
CEOMorten Nis Wittendorff SørensenCurrent
BoardMorten Nis Wittendorff SørensenCurrent
BoardGitte Kirkeby SørensenCurrent
BoardClaus Riis HansenCurrent
BoardPhilip James McIntyre
BoardHans Borg Petersen
BoardKarsten Bach Olesen
BoardClaus Riis Hansen
Owner (100%)FREE-FORM HOLDING ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMorten Nis Wittendorff SørensenCurrent

The CEOs' other companies

Morten Nis Wittendorff Sørensen – 1 other companies

Address history (5 moves)

Bødkervej 8, 7100 Vejle
Hjulmagervej 1, 7100 Vejle
Hjulmagervej 5F, 7100 Vejle
Hjulmagervej 7E, 7100 Vejle
Hjulmagervej 7E, 7100 Vejle
Sjællandsgade 25C, 7100 Vejle

Employees per year

Number of employees at FREE-FORM A/S per year10202011: 1020112012: 1420122013: 1220132014: 1820142015: 1720152016: 1820162017: 1820172018: 202018

Other companies at the same address

Similar companies in Vejle

Questions and answers about FREE-FORM A/S

Has FREE-FORM A/S gone bankrupt?

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

What is the bankruptcy risk of FREE-FORM A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of FREE-FORM A/S?

Morten Nis Wittendorff Sørensen is the CEO of FREE-FORM A/S.

Who is the auditor of FREE-FORM A/S?

FREE-FORM A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was FREE-FORM A/S founded?

FREE-FORM A/S was founded on 27 June 2003.

What is the equity of FREE-FORM A/S?

Equity was DKK 8.3m 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.