MULTICUT A/S

CVR 27513204 · Public limited company (A/S) · Active · Low risk

MULTICUT A/S is a Public limited company (A/S), founded on , based in Vildbjerg. The company is registered in the industry maskinforarbejdning af metal. 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 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 125.8m and a net result of DKK 22.0m.

Bankruptcy risk for MULTICUT A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% 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

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
27513204
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
Estlandsvej 2
7480 Vildbjerg
Municipality
Herning
Industry
Maskinforarbejdning af metal (255300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 500k
Employees
197 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 22
Missing annual reportNo
Negative equityNo
Equity ratio32.8%
Current ratio148%
Moves (last 2 years)0
CEO changes in total9
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 539.2mDKK 473.2m
Gross profitDKK 81.6mDKK 59.0m
Net profitDKK 22.0mDKK 3.6m
EquityDKK 125.8mDKK 104.2m
Total assetsDKK 384.2mDKK 434.1m
CashDKK 0–
Short-term debtDKK 157.3m–
Avg. employees185–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025136
1 Oct 2023 – 30 Sep 2024178
1 Oct 2022 – 30 Sep 2023200 Late
1 Oct 2021 – 30 Sep 2022102
1 Oct 2020 – 30 Sep 202196
1 Oct 2019 – 30 Sep 202082
1 Oct 2018 – 30 Sep 2019147
1 Oct 2017 – 30 Sep 2018123
1 Oct 2016 – 30 Sep 2017165
1 Oct 2015 – 30 Sep 2016137
1 Oct 2014 – 30 Sep 2015166
1 Oct 2013 – 30 Sep 2014155
1 Oct 2012 – 30 Sep 2013173
1 Oct 2011 – 30 Sep 2012108
1 Oct 2010 – 30 Sep 2011102
1 Oct 2009 – 30 Sep 2010115
1 Oct 2008 – 30 Sep 2009167
1 Oct 2007 – 30 Sep 200879
1 Oct 2006 – 30 Sep 200799
1 Oct 2005 – 30 Sep 200652

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
CEOTommy Lykke Kristensen
CEOLars Bredahl Rasmussen
CEOLone Thiel Høgholt
CEOLars Bredahl Rasmussen
CEOErling Dyrmose
CEOLars Antonsen
BoardLouise Himmer RasmussenCurrent
BoardLars Bredahl RasmussenCurrent
BoardMichael Kristoffer LarsenCurrent
BoardMorten Kristoffer LarsenCurrent
BoardMary Bredahl Rasmussen
BoardLouise Himmer Rasmussen
BoardBo Tornøe Nørholm
BoardTommy Lykke Kristensen
BoardLars Bredahl Rasmussen
BoardGorm Himmer
BoardGorm Himmer
BoardLars Bredahl Rasmussen
BoardPeter Kaaberbøl
BoardErling Dyrmose
BoardNiels Erik Nielsen
BoardJohannes Huus Bogh
Owner (100%)MULTICUT HOLDING ApSCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorCHRISTENSEN & PEDERSEN, HERNING A/S
AuditorBent Christensen
AuditorAKTIESELSKABET AF 10. AUGUST 1998
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB

The CEOs' other companies

Tommy Lykke Kristensen – 8 other companies

Lars Bredahl Rasmussen – 10 other companies, of which 1 bankrupt

Lone Thiel Høgholt – 18 other companies, of which 1 bankrupt

Erling Dyrmose – 4 other companies

Lars Antonsen – 19 other companies, of which 1 bankrupt

Address history (2 moves)

Estlandsvej 2, 7480 Vildbjerg
Estlandsvej 2, 7480 Vildbjerg
Estlandsvej 2, 7480 Vildbjerg

Employees per year

Number of employees at MULTICUT A/S per year991972011: 10920112012: 10220122013: 10320132014: 13820142015: 15720152016: 18420162017: 18820172018: 1972018

Other companies at the same address

Similar companies in Herning

Questions and answers about MULTICUT A/S

Has MULTICUT A/S gone bankrupt?

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

What is the bankruptcy risk of MULTICUT 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 auditor of MULTICUT A/S?

MULTICUT A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MULTICUT A/S founded?

MULTICUT A/S was founded on 18 May 2004.

What is the equity of MULTICUT A/S?

Equity was DKK 125.8m according to the annual report for the period ending 30 September 2025.

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