KAJ OVE MADSEN A/S AARHUS

CVR 27543367 · Public limited company (A/S) · Active · Medium risk

KAJ OVE MADSEN A/S AARHUS is a Public limited company (A/S), founded on , based in Hinnerup. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 38.4m and a net result of DKK -56.5m. CEO: Morten Thøgersen.

Bankruptcy risk for KAJ OVE MADSEN A/S AARHUS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×

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
27543367
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
Læsøvej 6
8382 Hinnerup
Municipality
Favrskov
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 9.0m
Employees
38 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 21
Missing annual reportNo
Negative equityNo
Equity ratio33.1%
Current ratio145%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address32
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue–DKK 382.1mDKK 373.7m
Gross profitDKK -61.5mDKK 4.3mDKK 16.6m
Net profitDKK -56.5mDKK 1.8mDKK 8.4m
EquityDKK 38.4mDKK 57.1mDKK 60.6m
Total assetsDKK 116.1mDKK 142.4mDKK 133.9m
CashDKK 25.3mDKK 552k–
Short-term debtDKK 77.2mDKK 71.8m–
Tax owedDKK 0DKK 2,857–
Avg. employees2733–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023120
1 Jan 2022 – 31 Dec 202290
1 Jan 2021 – 31 Dec 202194
1 Jan 2020 – 31 Dec 202096
1 Jan 2019 – 31 Dec 201987
1 Jan 2018 – 31 Dec 2018100
1 Jan 2017 – 31 Dec 201795
1 Jan 2016 – 31 Dec 201694
1 Jan 2015 – 31 Dec 2015109
1 Jan 2014 – 31 Dec 2014104
1 Jan 2013 – 31 Dec 2013115
1 Jan 2012 – 31 Dec 2012107
1 Jan 2011 – 31 Dec 2011106
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 2009153
1 Jun 2007 – 31 May 2008163
1 Jun 2006 – 31 May 2007151
1 Jun 2005 – 31 May 2006152

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 ThøgersenCurrent
BoardMorten ThøgersenCurrent
BoardKaj Ove MadsenCurrent
BoardMartin FinderupCurrent
BoardMorten Fendinge OlsenCurrent
BoardLars Winther JensenCurrent
BoardJens Ole Svinth Suhr
Owner (25%)FINDERUP INVEST ApSCurrent
Owner (25%)KOM HOLDING A/SCurrent
Owner (10%)Medarbejderselskabet Kaj Ove Madsen ApS AarhusCurrent
Owner (25%)MORTEN THØGERSEN HOLDING ApSCurrent
Owner (25%)FINDERUP INVEST ApS
Owner (33%)MORTEN THØGERSEN HOLDING ApS
Owner (33%)KOM HOLDING A/S
Owner (33%)MORTEN THØGERSEN HOLDING ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderFINDERUP INVEST ApSCurrent
FounderMORTEN THØGERSEN HOLDING ApSCurrent
FounderK.O.M. INVEST A/SCurrent

The CEOs' other companies

Morten Thøgersen – 50 other companies, of which 1 bankrupt

Address history (2 moves)

Læsøvej 6, 8382 Hinnerup
Grønnegade 2, 2. tv, 8000 Århus C
Sindalsvej 8, 8240 Risskov

Employees per year

Number of employees at KAJ OVE MADSEN A/S AARHUS per year19382011: 1320112012: 1320122013: 1720132014: 1720142015: 2220152016: 3020162017: 3320172018: 382018

Other companies at the same address

Similar companies in Favrskov

Questions and answers about KAJ OVE MADSEN A/S AARHUS

Has KAJ OVE MADSEN A/S AARHUS gone bankrupt?

No, KAJ OVE MADSEN A/S AARHUS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KAJ OVE MADSEN A/S AARHUS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of KAJ OVE MADSEN A/S AARHUS?

Morten Thøgersen is the CEO of KAJ OVE MADSEN A/S AARHUS.

Who is the auditor of KAJ OVE MADSEN A/S AARHUS?

KAJ OVE MADSEN A/S AARHUS most recently used Cedra Godkendt Revisionsaktieselskab.

When was KAJ OVE MADSEN A/S AARHUS founded?

KAJ OVE MADSEN A/S AARHUS was founded on 1 January 2004.

What is the equity of KAJ OVE MADSEN A/S AARHUS?

Equity was DKK 38.4m 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.