FARA DANMARK A/S

CVR 28118864 · Public limited company (A/S) · Active · Low risk

FARA DANMARK A/S is a Public limited company (A/S), founded on , based in Sønderborg. The company is registered in the industry computerprogrammering. 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, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 27.1m and a net result of DKK 885k.

Bankruptcy risk for FARA DANMARK 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

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×

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
28118864
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
Voldgade 17, 2.
6400 Sønderborg
Municipality
Sønderborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 1.0m
Employees
2 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 22
Missing annual reportNo
Negative equityNo
Equity ratio96.0%
Current ratio2,482%
Moves (last 2 years)0
CEO changes in total10
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.0mDKK 2.1mDKK 3.8m
Net profitDKK 885kDKK 1.3mDKK 1.7m
EquityDKK 27.1mDKK 26.3mDKK 25.0m
Total assetsDKK 28.3mDKK 26.9mDKK 26.5m
CashDKK 7,391DKK 4,321–
Short-term debtDKK 1.1mDKK 668k–
Tax owedDKK 196kDKK 363k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023194 Late
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 201979
1 Jan 2018 – 31 Dec 201891
1 Jan 2017 – 31 Dec 201745
1 Jan 2016 – 31 Dec 201669
1 Jan 2015 – 31 Dec 201595
1 Jan 2014 – 31 Dec 2014104
1 Jan 2013 – 31 Dec 2013146
1 Jan 2012 – 31 Dec 2012106
1 Jan 2011 – 31 Dec 2011161
1 Jan 2010 – 31 Dec 2010173
1 Jan 2009 – 31 Dec 2009174
1 Jan 2008 – 31 Dec 2008173
1 Jan 2007 – 31 Dec 2007174
1 Jan 2006 – 31 Dec 200658

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
CEOØrjan Kirkefjord
CEOØrjan Kirkefjord
CEOSolveig Ellila Kristiansen
CEOSolveig Ellila Kristiansen
CEOSteven James Chalker
CEOThomas Bach Petersen
BoardRobert Peter ClayCurrent
BoardLaurent EskenaziCurrent
BoardSatu HuuhtanenCurrent
BoardOle Mørk Lauridsen
BoardKlaus Mikael Fiedler
BoardBror Birger Ingemar Murstam
BoardHeidi Irene Blengsli Aabel
BoardLars Lillegraven
BoardPeder Agger
BoardJay Prothero
BoardØrjan Kirkefjord
BoardØyvind Grepperud
BoardJorun Dieserud
BoardSolveig Ellila Kristiansen
BoardSolveig Ellila Kristiansen
BoardErik Berg
BoardSteven James Chalker
BoardAndrew Phillip Monshaw
BoardThomas Bach Petersen
BoardJosef Salpeter
BoardLaurent Eskenazi
BoardJosef Salpeter
Owner (100%)Fara ASCurrent
AuditorGRANT THORNTON, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorERNST & YOUNG DENMARK P/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
FounderNIROS COMMUNICATIONS A/SCurrent

The CEOs' other companies

Thomas Bach Petersen – 1 other companies

Address history (4 moves)

Voldgade 17, 2., 6400 Sønderborg
Augustenborg Landevej 19, 6400 Sønderborg
Ellegårdvej 25L, 6400 Sønderborg
Hirsemarken 5, 3520 Farum
Hirsemarken 5, 3520 Farum

Former names

FARA DANMARK A/S – now
TNC CONNECT A/S –
NIROS TETRA A/S –

Employees per year

Number of employees at FARA DANMARK A/S per year122011: 220112012: 220122013: 220132014: 220142015: 220152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Sønderborg

Questions and answers about FARA DANMARK A/S

Has FARA DANMARK A/S gone bankrupt?

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

What is the bankruptcy risk of FARA DANMARK 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 auditor of FARA DANMARK A/S?

FARA DANMARK A/S most recently used EY Godkendt Revisionspartnerselskab.

When was FARA DANMARK A/S founded?

FARA DANMARK A/S was founded on 27 September 2004.

What is the equity of FARA DANMARK A/S?

Equity was DKK 27.1m 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.