Kaas Staalbyg A/S

CVR 28106114 · Public limited company (A/S) · Active · High risk

Kaas Staalbyg A/S is a Public limited company (A/S), founded on , based in Pandrup. The company is registered in the industry fremstilling af metalkonstruktioner og dele heraf. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 97k and a net result of DKK -1.4m. CEO: Michael Leth.

Bankruptcy risk for Kaas Staalbyg A/S

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
28106114
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
Hjulmagervej 12
9490 Pandrup
Municipality
Jammerbugt
Industry
Fremstilling af metalkonstruktioner og dele heraf (251100)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 938k
Employees
28 (2018)
Auditor
Dansk Revision Wulff & Haaning, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 21
Missing annual reportNo
Negative equityNo
Equity ratio0.6%
Current ratio97%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies1
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 7.3mDKK 5.1m
Net profitDKK -1.4mDKK -3.0m
EquityDKK 97kDKK 1.4m
Total assetsDKK 16.0mDKK 12.5m
CashDKK 15k–
Short-term debtDKK 15.9m–
Avg. employees17–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Dansk Revision Wulff & Haaning, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025113
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023110
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 202194
1 Jan 2020 – 31 Dec 202097
1 Jan 2019 – 31 Dec 201994
1 Jan 2018 – 31 Dec 201856
1 Jan 2017 – 31 Dec 2017143
1 Jan 2016 – 31 Dec 2016100
1 Jan 2015 – 31 Dec 2015159
1 Jan 2014 – 31 Dec 201497
1 Jan 2013 – 31 Dec 2013105
1 Jan 2012 – 31 Dec 2012176
1 Jan 2011 – 31 Dec 2011138
1 Jan 2010 – 31 Dec 201075
1 Jan 2009 – 31 Dec 200956
1 Jan 2008 – 31 Dec 200855
1 Jan 2007 – 31 Dec 200784
1 Jan 2006 – 31 Dec 200665

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
CEOMichael LethCurrent
CEOPer Iisager Larsen
CEOJesper Klith
BoardJesper KlithCurrent
BoardJens AgergaardCurrent
BoardJens Schak AndreasenCurrent
BoardKurt Jørgen Frederiksen
BoardLeif Clemmensen
BoardPer Mogensen
BoardPer Iisager Larsen
BoardThomas Brøndum Clemmensen
BoardJesper Klith
BoardLars Gantzel Pedersen
BoardKent Ernst Hansen
BoardJens Agergaard
BoardSteffen Graves Silberbauer
Owner (100%)Kaas Staalbyg Holding ApSCurrent
Owner (33%)LCB EJENDOMME ApS
Owner (33%)PER LARSEN HOLDING ApS
Owner (20%)THOMAS CLEMMENSEN HOLDING ApS
Owner (25%)THOMAS CLEMMENSEN HOLDING ApS
AuditorDansk Revision Wulff & Haaning, Godkendt RevisionspartnerselskabCurrent
AuditorFrost Erhverv ApS
FounderLCB EJENDOMME ApSCurrent
FounderKURT FREDERIKSEN HOLDING ApSCurrent
FounderPER LARSEN HOLDING ApSCurrent

The CEOs' other companies

Michael Leth – 6 other companies, of which 2 bankrupt

Per Iisager Larsen – 4 other companies, of which 2 bankrupt

Jesper Klith – 29 other companies, of which 4 bankrupt

Address history (1 moves)

Hjulmagervej 12, 9490 Pandrup
Hjulmagervej 12, 9490 Pandrup

Former names

Kaas Staalbyg A/S – now
Kaas Staalbyg ApS –
KAAS STAALBYG A/S –

Employees per year

Number of employees at Kaas Staalbyg A/S per year18352011: 2920112012: 2820122013: 2620132014: 3220142015: 3520152016: 3020162017: 3120172018: 282018

Other companies at the same address

Similar companies in Jammerbugt

Questions and answers about Kaas Staalbyg A/S

Has Kaas Staalbyg A/S gone bankrupt?

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

What is the bankruptcy risk of Kaas Staalbyg A/S?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of Kaas Staalbyg A/S?

Michael Leth is the CEO of Kaas Staalbyg A/S.

Who is the auditor of Kaas Staalbyg A/S?

Kaas Staalbyg A/S most recently used Dansk Revision Wulff & Haaning, Godkendt Revisionspartnerselskab.

When was Kaas Staalbyg A/S founded?

Kaas Staalbyg A/S was founded on 9 September 2004.

What is the equity of Kaas Staalbyg A/S?

Equity was DKK 97k 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.