Kvadrat Acoustics A/S

CVR 28989520 · Public limited company (A/S) · Active · Low risk

Kvadrat Acoustics A/S is a Public limited company (A/S), founded on 12 September 2005, based in Ebeltoft. 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, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 80.0m and a net result of DKK 26.1m.

Bankruptcy risk for Kvadrat Acoustics 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Annual reports filed late2 · bankruptcy rate 10.4%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 at current address5+ yrs · bankruptcy rate 3.1%0.35×

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×

Equity ratio40%–60% · 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: 28989520
Status: Active
Company type: Public limited company (A/S)
Founded: 12 September 2005 (21 years)
Address: c/o Kvadrat A/S, Lundbergsvej 10
8400 Ebeltoft
Municipality: Syddjurs
Industry: Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital: DKK 1.3m
Employees: 19 (2018)
Auditor: DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out: No

Warning signs

Annual reports filed late	2 of 21
Missing annual report	No
Negative equity	No
Equity ratio	58.1%
Current ratio	117%
Moves (last 2 years)	0
CEO changes in total	2
CEO's previous bankruptcies	0
Other companies at the address	12
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK 45.3m	DKK 26.2m
Net profit	DKK 26.1m	DKK 13.4m
Equity	DKK 80.0m	DKK 61.0m
Total assets	DKK 137.7m	DKK 111.5m
Short-term debt	DKK 52.8m	–
Avg. employees	21	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	28 May 2026	148
1 Jan 2024 – 31 Dec 2024	4 Jun 2025	155
1 Jan 2023 – 31 Dec 2023	4 Jun 2024	156
1 Jan 2022 – 31 Dec 2022	11 Apr 2023	101
1 Jan 2021 – 31 Dec 2021	4 Jul 2022	185	Late
1 Jan 2020 – 31 Dec 2020	14 Jun 2021	165
1 Jan 2019 – 31 Dec 2019	13 Jul 2020	195	Late
1 Jan 2018 – 31 Dec 2018	27 May 2019	147
1 Jan 2017 – 31 Dec 2017	12 Jun 2018	163
1 Jan 2016 – 31 Dec 2016	15 Jun 2017	166
1 Jan 2015 – 31 Dec 2015	26 May 2016	147
1 Jan 2014 – 31 Dec 2014	1 Jun 2015	152
1 Jan 2013 – 31 Dec 2013	9 Apr 2014	99
1 Jan 2012 – 31 Dec 2012	24 Apr 2013	114
1 Jan 2011 – 31 Dec 2011	12 Apr 2012	103
1 Jan 2010 – 31 Dec 2010	12 Apr 2011	102
1 Jan 2009 – 31 Dec 2009	13 May 2010	133
1 Jan 2008 – 31 Dec 2008	7 Jun 2009	158
1 Jan 2007 – 31 Dec 2007	17 Jun 2008	169
1 Jan 2006 – 31 Dec 2006	29 Apr 2007	119

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	Anders Byriel	14 Apr 2010	14 Apr 2010
Board	Mads Bo Nygård	27 May 2008	Current
Board	Anders Byriel	14 Apr 2010	Current
Board	John Charles Thorpe	3 Jan 2017	Current
Board	Thomas Arne Fischer	15 Sep 2025	Current
Board	Anders Byriel	12 Sep 2005	14 Apr 2010
Board	Jørn Krab Jensen	12 Sep 2005	27 May 2008
Board	Søren Stenderup Jensen	28 Nov 2005	15 Sep 2025
Board	Niels Ravn	9 May 2006	26 Jun 2006
Board	Jacob Lahn Sloth	9 May 2006	2 Sep 2020
Board	Kim Graven Nielsen	20 Mar 2013	31 May 2018
Board	Finn Jespersen	31 May 2018	1 Sep 2021
Board	Thomas Arne Fischer	12 Mar 2025	14 Sep 2025
Owner (67%)	KVADRAT A/S	3 Jan 2017	Current
Owner (5%)	Robert Berryman	3 Jan 2017	Current
Owner (5%)	Thorpe Interior Group Limited	3 Jan 2017	Current
Owner (5%)	Hornfisken ApS	30 May 2025	Current
Owner (90%)	KVADRAT A/S	1 Oct 2014	2 Jan 2017
Auditor	DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB	13 Oct 2011	Current
Auditor	DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB	12 Sep 2005	13 Oct 2011
Founder	KVADRAT A/S	12 Sep 2005	Current
Founder	A-SELSKABET AF 18. DECEMBER 2007 A/S	12 Sep 2005	Current

The CEOs' other companies

Anders Byriel – 20 other companies, of which 2 bankrupt

ACTIVE SPORTSWEAR INT. HOLDING ApS Bankrupt 20 May 2019
Selskabet af 27. Februar 2019 A/S Bankrupt 28 Feb 2019
A B AF 1/7 1991 A/S Opløst
A/S PSE NR. 4139 Fusioneret
ASPEKT TEKSTIL A/S Fusioneret
FANNY ARONSEN A/S Fusioneret
Hemp Bio ApS Active
JP/POLITIKENS HUS A/S Active
KONTRAPUNKT A/S Fusioneret
KP2 A/S Fusioneret
KVADRAT A/S Active
KVADRAT HOLDING A/S Active
KVADRAT WOOLTEX HOLDING A/S Opløst
Kvadrat Really ApS Active
R B AF 1/7 1991 A/S Opløst
RED ASSOCIATES A/S Active
RED ASSOCIATES HOLDING A/S Active
S B AF 1/7 1991 A/S Opløst
TEKSTILAKTIESELSKABET AF 15/2 1984 Fusioneret
TINGHUSET EBELTOFT A/S Fusioneret

Address history (1 moves)

1 Jan 2007	c/o Kvadrat A/S, Lundbergsvej 10, 8400 Ebeltoft
12 Sep 2005	c/o Kvadrat A/S, Lundbergsvej 10, 8400 Ebeltoft

Former names

Kvadrat Acoustics A/S	22 Nov 2021 – now
KVADRAT SOFT CELLS A/S	6 Nov 2006 – 21 Nov 2021
SOFT CELLS A/S	12 Sep 2005 – 5 Nov 2006

Employees per year

Other companies at the same address

A/S AF 11.8.1994 Opløst
A/S PSE NR. 4139 Fusioneret
ASPEKT TEKSTIL A/S Fusioneret
Convert A/S Active
FANNY ARONSEN A/S Fusioneret
Hemp Bio ApS Active
KVADRAT A/S Active
KVADRAT HOLDING A/S Active
KVADRAT WOOLTEX HOLDING A/S Opløst
Kvadrat Really ApS Active
TEKSTILAKTIESELSKABET AF 15/2 1984 Fusioneret
TINGHUSET EBELTOFT A/S Fusioneret

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Questions and answers about Kvadrat Acoustics A/S

Has Kvadrat Acoustics A/S gone bankrupt?

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

What is the bankruptcy risk of Kvadrat Acoustics 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 Kvadrat Acoustics A/S?

Kvadrat Acoustics A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Kvadrat Acoustics A/S founded?

Kvadrat Acoustics A/S was founded on 12 September 2005.

What is the equity of Kvadrat Acoustics A/S?

Equity was DKK 80.0m 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.