E. Krag Råstoffer A/S

CVR 28099762 · Public limited company (A/S) · Active · Low risk

E. Krag Råstoffer A/S is a Public limited company (A/S), founded on , based in Aabenraa. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. 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. The latest annual report (31 Dec 2025) shows equity of DKK 9.5m and a net result of DKK 3.7m. CEO: Lars Krag Andreasen.

Bankruptcy risk for E. Krag Råstoffer A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Employees (latest year)2–5 · bankruptcy rate 10.3%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 since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
28099762
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
Kystvej 18
6200 Aabenraa
Municipality
Aabenraa
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.8m
Employees
4 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 21
Missing annual reportNo
Negative equityNo
Equity ratio50.4%
Current ratio185%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 8.9mDKK 13.8m
Net profitDKK 3.7mDKK 7.4m
EquityDKK 9.5mDKK 13.2m
Total assetsDKK 19.0mDKK 19.6m
CashDKK 195k–
Short-term debtDKK 9.2m–
Tax owedDKK 1.0m–
Avg. employees5–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025105
1 Jan 2024 – 31 Dec 202466
1 Jan 2023 – 31 Dec 202382
1 Jan 2022 – 31 Dec 2022103
1 Jan 2021 – 31 Dec 2021144
1 Jan 2020 – 31 Dec 202053
1 Jan 2019 – 31 Dec 201969
1 Jan 2018 – 31 Dec 201843
1 Jan 2017 – 31 Dec 201744
1 Jan 2016 – 31 Dec 201679
1 Jan 2015 – 31 Dec 201591
1 Jan 2014 – 31 Dec 201463
1 Jan 2013 – 31 Dec 201377
1 Jan 2012 – 31 Dec 201259
1 Jan 2011 – 31 Dec 2011106
1 Jan 2010 – 31 Dec 201094
1 Jan 2009 – 31 Dec 200987
1 Jan 2008 – 31 Dec 2008109
1 Oct 2006 – 31 Dec 200784
1 Oct 2005 – 30 Sep 200681

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
CEOLars Krag AndreasenCurrent
BoardLars Krag AndreasenCurrent
BoardKirstine Marie Krag AndreasenCurrent
BoardJohannes William Krag AndreasenCurrent
BoardOswald Theodor Krag AndreasenCurrent
BoardLena Birgit Krag
BoardOle Hohlmann
BoardLeif Garne
Owner (100%)KRAG ANDREASEN HOLDING ApSCurrent
Owner (33%)Lars Krag Andreasen
Owner (33%)Kirstine Marie Krag Andreasen
Owner (33%)Ole Hohlmann
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderKRAG ANDREASEN HOLDING ApSCurrent

The CEOs' other companies

Lars Krag Andreasen – 4 other companies

Address history (2 moves)

Kystvej 18, 6200 Aabenraa
Skibbroen 16, 6200 Aabenraa
Skibbroen 16, 6200 Aabenraa

Former names

E. Krag Råstoffer A/S – now
A/S E. KRAG STEN OG GRUS –
KRAG ANDREASEN A/S –

Employees per year

Number of employees at E. Krag Råstoffer A/S per year242011: 320112012: 320122013: 320132014: 320142015: 320152016: 320162017: 420172018: 42018

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about E. Krag Råstoffer A/S

Has E. Krag Råstoffer A/S gone bankrupt?

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

What is the bankruptcy risk of E. Krag Råstoffer 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 CEO of E. Krag Råstoffer A/S?

Lars Krag Andreasen is the CEO of E. Krag Råstoffer A/S.

Who is the auditor of E. Krag Råstoffer A/S?

E. Krag Råstoffer A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was E. Krag Råstoffer A/S founded?

E. Krag Råstoffer A/S was founded on 15 August 2004.

What is the equity of E. Krag Råstoffer A/S?

Equity was DKK 9.5m 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.