FARSØ PAVACENTER A/S

CVR 28658796 · Public limited company (A/S) · Active · Low risk

FARSØ PAVACENTER A/S is a Public limited company (A/S), founded on , based in Farsø. The company is registered in the industry reparation og lakering af karosseri samt undervognsbehandling. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 1.3m and a net result of DKK 48k. CEO: Steffen Henry Jeppesen.

Bankruptcy risk for FARSØ PAVACENTER A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
28658796
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Fragtrupvej 22
9640 Farsø
Municipality
Vesthimmerlands
Industry
Reparation og lakering af karosseri samt undervognsbehandling (953120)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 500k
Employees
11 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 20
Missing annual reportNo
Negative equityNo
Equity ratio28.3%
Current ratio55%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.3mDKK 1.3mDKK 1.8m
Net profitDKK 48kDKK 79kDKK 334k
EquityDKK 1.3mDKK 1.2mDKK 1.4m
Total assetsDKK 4.5mDKK 4.5mDKK 4.7m
CashDKK 391kDKK 429k–
Short-term debtDKK 1.5mDKK 1.5m–
Tax owedDKK 19kDKK 8,815–
Avg. employees22–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022176
1 Jan 2021 – 31 Dec 2021169
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019217 Late
1 Jan 2018 – 31 Dec 2018102
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 201549
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012150
1 Jan 2011 – 31 Dec 2011151
1 Jan 2010 – 31 Dec 2010129
1 Jan 2009 – 31 Dec 2009178
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007150
1 Jan 2006 – 31 Dec 2006144

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
CEOSteffen Henry JeppesenCurrent
CEOOle Villumsen
BoardSteffen Henry JeppesenCurrent
BoardAnn Claudia Balskilde JeppesenCurrent
BoardAlexander Balskilde JeppesenCurrent
BoardOle Villumsen
BoardUlla Bjerrum Villumsen
BoardAnn Claudia Balskilde Jeppesen
BoardKarsten Balskilde Andersen
BoardJune Olsen
BoardBjarne Kristiansen
Owner (100%)FARSØ PAVA HOLDING ApSCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderOle VillumsenCurrent

The CEOs' other companies

Steffen Henry Jeppesen – 2 other companies

Ole Villumsen – 1 other companies

Address history (2 moves)

Fragtrupvej 22, 9640 Farsø
Fragtrupvej 22, 9640 Farsø
Fragtrupvej 22, 9640 Farsø

Employees per year

Number of employees at FARSØ PAVACENTER A/S per year6112011: 720112012: 520122013: 620132014: 520142015: 720152016: 720162017: 620172018: 112018

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about FARSØ PAVACENTER A/S

Has FARSØ PAVACENTER A/S gone bankrupt?

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

What is the bankruptcy risk of FARSØ PAVACENTER A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of FARSØ PAVACENTER A/S?

Steffen Henry Jeppesen is the CEO of FARSØ PAVACENTER A/S.

Who is the auditor of FARSØ PAVACENTER A/S?

FARSØ PAVACENTER A/S most recently used Beierholm.

When was FARSØ PAVACENTER A/S founded?

FARSØ PAVACENTER A/S was founded on 30 June 2006.

What is the equity of FARSØ PAVACENTER A/S?

Equity was DKK 1.3m 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.