FROLCANI & CO. A/S
CVR 28121563 · Public limited company (A/S) · Active · Low risk
FROLCANI & CO. A/S is a Public limited company (A/S), founded on , based in Aarhus N. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 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 (31 Dec 2025) shows equity of DKK 62.0m and a net result of DKK 37.6m. CEO: Cato Vestergaard, Frederikke Vestergaard.
Bankruptcy risk for FROLCANI & CO. A/S
0.0%
probability of bankruptcy within 12 months
Low risk
0.0 × the average (1.41%) · higher risk than 15% 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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · 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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
- 28121563
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (22 years)
- Address
- c/o Laros A/S, Paludan-Müllers Vej 84, st. th
8200 Aarhus N - Municipality
- Aarhus
- Industry
- Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme - Share capital
- DKK 2.4m
- Employees
- 1 (2018)
- Auditor
- BDO Statsautoriseret Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 2 of 21 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 64.5% |
| Current ratio | 87% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 99 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 246k | DKK 484k | DKK 637k |
| Net profit | DKK 37.6m | DKK 1.8m | DKK -2.4m |
| Equity | DKK 62.0m | DKK 24.4m | DKK 5.9m |
| Total assets | DKK 96.2m | DKK 59.6m | DKK 36.1m |
| Cash | DKK 184k | DKK 91k | – |
| Short-term debt | DKK 7.8m | DKK 9.6m | – |
| Tax owed | DKK 0 | DKK 34k | – |
| Avg. employees | 1 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 163 | ||
| 1 Jan 2024 – 31 Dec 2024 | 168 | ||
| 1 Jan 2023 – 31 Dec 2023 | 178 | ||
| 1 Jan 2022 – 31 Dec 2022 | 185 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 152 | ||
| 1 Jan 2020 – 31 Dec 2020 | 162 | ||
| 1 Jan 2019 – 31 Dec 2019 | 181 | ||
| 1 Jan 2018 – 31 Dec 2018 | 168 | ||
| 1 Jan 2017 – 31 Dec 2017 | 163 | ||
| 1 Jan 2016 – 31 Dec 2016 | 166 | ||
| 1 Jan 2015 – 31 Dec 2015 | 161 | ||
| 1 Jan 2014 – 31 Dec 2014 | 169 | ||
| 1 Jan 2013 – 31 Dec 2013 | 159 | ||
| 1 Jan 2012 – 31 Dec 2012 | 162 | ||
| 1 Jan 2011 – 31 Dec 2011 | 153 | ||
| 1 Jan 2010 – 31 Dec 2010 | 166 | ||
| 1 Jan 2009 – 31 Dec 2009 | 167 | ||
| 1 Jan 2008 – 31 Dec 2008 | 160 | ||
| 1 Jan 2007 – 31 Dec 2007 | 163 | ||
| 1 Jan 2006 – 31 Dec 2006 | 164 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Cato Vestergaard | Current | |
| CEO | Frederikke Vestergaard | Current | |
| CEO | Hans Vestergaard | ||
| Board | Cato Vestergaard | Current | |
| Board | Olivia Vestergaard | Current | |
| Board | Nicoline Vestergaard Bundgaard | Current | |
| Board | Frederikke Vestergaard | Current | |
| Board | Harald Westergaard Sørensen | ||
| Board | Hans Vestergaard | ||
| Board | Jette Vestergaard | ||
| Owner (25%) | O. Holding 2018 ApS | Current | |
| Owner (25%) | Cavesco Holding ApS | Current | |
| Owner (25%) | Nitho Holding ApS | Current | |
| Owner (25%) | F. Holding 2018 ApS | Current | |
| Owner (10%) | Cato Vestergaard | ||
| Owner (10%) | Olivia Vestergaard | ||
| Owner (10%) | Nicoline Vestergaard Bundgaard | ||
| Owner (10%) | Frederikke Vestergaard | ||
| Owner (50%) | ANPARTSSELSKABET AF 10. JUNI 1997 | ||
| Owner (20%) | Cato Vestergaard | ||
| Owner (20%) | Olivia Vestergaard | ||
| Owner (20%) | Nicoline Vestergaard Bundgaard | ||
| Owner (20%) | Frederikke Vestergaard | ||
| Owner (20%) | ANPARTSSELSKABET AF 10. JUNI 1997 | ||
| Owner (33%) | FROLCANI & CO. A/S | ||
| Owner (100%) | Frolcani & Co. Holding ApS | ||
| Owner (20%) | Bydammen, Ballerup ApS | ||
| Owner (20%) | Nitho Holding ApS | ||
| Owner (20%) | CV Holding 2018 ApS | ||
| Owner (20%) | O. Holding 2018 ApS | ||
| Owner (20%) | F. Holding 2018 ApS | ||
| Owner (20%) | O. Holding 2018 ApS | ||
| Owner (20%) | Cavesco Holding ApS | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | Current | |
| Auditor | K P M G C JESPERSEN ÅRHUS I/S | ||
| Auditor | ERNST & YOUNG DENMARK P/S | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Founder | ANPARTSSELSKABET AF 10. JUNI 1997 | Current |
The CEOs' other companies
Cato Vestergaard – 20 other companies
- AKTIESELSKABET AF 7. MARTS 2005 Active
- ApS Gammel Munkegade 1, Aarhus C Active
- COLLIERS INTERNATIONAL DANMARK A/S Active
- CV Holding 2018 ApS Fusioneret
- Cavesco Holding ApS Active
- DATTERSELSKABET AF 1. JANUAR 2013 A/S Fusioneret
- Fredensgade 29 Aarhus ApS Active
- Hans Vestergaard Ejendomme A/S Active
- Holdingselskabet Fredensgade 29 Aarhus ApS Fusioneret
- Holdingselskabet Ordrupvej og Ellemarksvej ApS Active
- Holdingselskabet Skovvangsvej 131-143 Aarhus ApS Active
- Holdingselskabet Skovvangsvej 147-153 Aarhus ApS Active
- Lykkebo Panorama ApS Active
- Niels Juels Gade 43, Aarhus ApS Active
- Ordrupvej 8-12, Aarhus ApS Active
- Skovvangsvej 131-143 Aarhus ApS Active
- Skovvangsvej 147-153 Aarhus ApS Active
- TK Erhverv A/S Active
- TSG 84 ApS Opløst
- Vestergade 8 Aarhus ApS Active
Frederikke Vestergaard – 10 other companies
- F. Holding 2018 ApS Active
- Fredensgade 29 Aarhus ApS Active
- Holdingselskabet Fredensgade 29 Aarhus ApS Fusioneret
- Holdingselskabet Skovvangsvej 131-143 Aarhus ApS Active
- Holdingselskabet Skovvangsvej 147-153 Aarhus ApS Active
- Lykkebo Panorama ApS Active
- Skovvangsvej 131-143 Aarhus ApS Active
- Skovvangsvej 147-153 Aarhus ApS Active
- Skovvejen 19C, Aarhus ApS Active
- Vestergade 8 Aarhus ApS Active
Hans Vestergaard – 46 other companies, of which 1 bankrupt
- EJENDOMSSELSKABET AF 14. MAJ 2004 A/S Bankrupt 16 Jun 2010
- A/S TELELAND 1, ÅRHUS Opløst
- AARHUS UNITED Invest II ApS Opløst
- AKTIESELSKABET AF 7. MARTS 2005 Active
- ANPARTSSELSKABET AF 10. JUNI 1997 Active
- Ad Metam Ventum ApS Opløst
- ApS Gammel Munkegade 1, Aarhus C Active
- Bydammen ApS Opløst
- Bydammen, Ballerup ApS Active
- CID Holding I ApS Fusioneret
- CID Holding II ApS Fusioneret
- CID Holding III ApS Fusioneret
- COLLIERS HANS VESTERGAARD VEJLE A/S Fusioneret
- COLLIERS INTERNATIONAL DANMARK A/S Active
- Centerkiosk, Hammel ApS Active
- Colliers Medarbejder Holding I ApS Opløst
- Colliers Medarbejder Holding II ApS Opløst
- DATTERSELSKABET AF 1. JANUAR 2013 A/S Fusioneret
- EJENDOMSSELSKABET AF 11. JUNI 1993 ApS Fusioneret
- EJENDOMSSELSKABET AF 11. NOVEMBER 2004 ApS Compulsorily dissolved
- EJENDOMSSELSKABET AF 11.01.2006 ApS Fusioneret
- EJENDOMSSELSKABET NJALSGADE A/S Active
- ERIKSEN INVEST A/S Fusioneret
- Ejendomsselskabet af 9/9-2015 ApS Opløst
- Eskebæk Plads 2, Skanderborg ApS Active
- Frederikke Vestergaards Gade 28 ApS Active
- Frolcani & Co. Holding ApS Fusioneret
- Hammel Boghandel ApS Opløst
- Hammel ButiksCentrum ApS Active
- Hammershus 43-49 ApS Active
Address history (5 moves)
| c/o Laros A/S, Paludan-Müllers Vej 84, st. th, 8200 Aarhus N | |
| c/o Newsec A/S - 30315, Lyngby Hovedgade 4, 2800 Kongens Lyngby | |
| c/o Salling Ejendomsadministration A/S, Søren Frichs Vej 38A, 1. th, 8230 Åbyhøj | |
| c/o Salling Ejendomsadministration A/S, Søren Frichs Vej 38A, 1., 8230 Åbyhøj | |
| c/o Colliers Ejendomsadministration A/S, Silkeborgvej 2, 2., 8000 Aarhus C | |
| Lyngmarksvej 6, 8240 Risskov |
Employees per year
Other companies at the same address
- MH MARSELISBORG ApS Bankrupt
- 2+2 ADMINISTRATION ApS Active
- A/S FREDENSVEJ 12-14. VIBY J Active
- AKTIESELSKABET TLK AF 1971 Active
- ALEKTO A/S Active
- Agerbæks Have III ApS Active
- Alleen 2016 ApS Active
- ApS Gammel Munkegade 1, Aarhus C Active
- ArealTilKapital ApS Active
- BMK EJENDOMSSELSKAB ApS Active
- Beck Ejendomme ApS Active
- Bergensgade 11 ApS Active
- Bergensgade 17 ApS Active
- Blomsterhaven ML ApS Active
- BoligInvest Aarhus, Malling A/S Active
- BoligInvest København - Rødovre A/S Active
- BoligInvest København - Rødovre III A/S Active
- BoligInvest København - Rødovre IV A/S Active
- Bydammen, Ballerup ApS Active
- Chr. Xs Vej 66 ApS Active
- E. L. EJENDOMSSELSKAB HORSENS ApS Active
- EFARISTO ApS Active
- EJENDOMSSELSKABET GRYSKÆR A/S Active
- EJENDOMSSELSKABET MERC A/S Active
- EJENDOMSSELSKABET SØNDERBORGGADE 9ÅRHUS ApS Active
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Questions and answers about FROLCANI & CO. A/S
Has FROLCANI & CO. A/S gone bankrupt?
No, FROLCANI & CO. A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of FROLCANI & CO. A/S?
Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the CEO of FROLCANI & CO. A/S?
Cato Vestergaard, Frederikke Vestergaard are the CEOs of FROLCANI & CO. A/S.
Who is the auditor of FROLCANI & CO. A/S?
FROLCANI & CO. A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.
When was FROLCANI & CO. A/S founded?
FROLCANI & CO. A/S was founded on 30 September 2004.
What is the equity of FROLCANI & CO. A/S?
Equity was DKK 62.0m 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.