FINELCO A/S

CVR 29322953 · Public limited company (A/S) · Active · Low risk

FINELCO A/S is a Public limited company (A/S), founded on , based in Tårs. The company is registered in the industry fremstilling af trådvarer, kæder og fjedre. 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. The latest annual report (31 Dec 2025) shows equity of DKK 21.8m and a net result of DKK 10.5m. CEO: Frank Hviid Gasbjerg.

Bankruptcy risk for FINELCO A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

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
29322953
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Industrivej 25
9830 Tårs
Municipality
Hjørring
Industry
Fremstilling af trådvarer, kæder og fjedre (259300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 2.0m
Employees
10 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio42.3%
Current ratio140%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 22.1mDKK 22.4mDKK 18.9m
Net profitDKK 10.5mDKK 11.2mDKK 9.1m
EquityDKK 21.8mDKK 22.4mDKK 20.2m
Total assetsDKK 51.6mDKK 38.8mDKK 36.8m
CashDKK 7.0mDKK 224k–
Short-term debtDKK 29.1mDKK 15.8m–
Avg. employees1111–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021158
1 Jan 2020 – 31 Dec 2020138
1 Jan 2019 – 31 Dec 2019128
1 Jan 2018 – 31 Dec 2018126
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 2016131
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 201464
1 Jan 2013 – 31 Dec 2013125
1 Jan 2012 – 31 Dec 2012157
1 Jan 2011 – 31 Dec 2011150
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009125
1 Jan 2008 – 31 Dec 2008138
1 Jan 2007 – 31 Dec 2007136
3 Feb 2006 – 31 Dec 2006158

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
CEOFrank Hviid GasbjergCurrent
CEOHans Smith Andersen
BoardFrank Hviid GasbjergCurrent
BoardLisbeth Brunsgaard GasbjergCurrent
BoardBenny JensenCurrent
BoardLars Sigurd Espersen
BoardHans Smith Andersen
BoardKnud Gasbjerg
Owner (100%)Familien Gasbjerg Holding ApSCurrent
Owner (50%)JASON FINANS A/S
Owner (50%)SILTEC A/S
Owner (100%)SILTEC A/S
Owner (100%)FHG Holding ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJASON FINANS A/SCurrent
FounderSILTEC A/SCurrent

The CEOs' other companies

Frank Hviid Gasbjerg – 7 other companies

Hans Smith Andersen – 43 other companies, of which 13 bankrupt

Address history (1 moves)

Industrivej 25, 9830 Tårs
Industrivej 25, 9830 Tårs

Employees per year

Number of employees at FINELCO A/S per year5102011: 720112012: 720122013: 620132014: 720142015: 720152016: 1020162017: 920172018: 102018

Other companies at the same address

Questions and answers about FINELCO A/S

Has FINELCO A/S gone bankrupt?

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

What is the bankruptcy risk of FINELCO 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 FINELCO A/S?

Frank Hviid Gasbjerg is the CEO of FINELCO A/S.

Who is the auditor of FINELCO A/S?

FINELCO A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was FINELCO A/S founded?

FINELCO A/S was founded on 3 February 2006.

What is the equity of FINELCO A/S?

Equity was DKK 21.8m 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.