GLOBAL TIMBER A/S

CVR 29429774 · Public limited company (A/S) · Active · Low risk

GLOBAL TIMBER A/S is a Public limited company (A/S), founded on , based in Højbjerg. 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. 19 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 66.0m and a net result of DKK 5.9m. CEO: Anders Trap Bitzer.

Bankruptcy risk for GLOBAL TIMBER A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% 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×
Reporting classReporting class C, mellemstor virksomhed · 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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · 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
29429774
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Michael Drewsens Vej 1A
8270 Højbjerg
Municipality
Aarhus
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 2.3m
Employees
27 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityNo
Equity ratio39.1%
Current ratio163%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 30.1mDKK 27.7m
Net profitDKK 5.9mDKK 4.3m
EquityDKK 66.0mDKK 63.1m
Total assetsDKK 168.6mDKK 154.5m
CashDKK 2.2m–
Short-term debtDKK 102.0m–
Tax owedDKK 1.6m–
Avg. employees29–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025176
1 Jul 2023 – 30 Jun 2024163
1 Jul 2022 – 30 Jun 2023162
1 Jul 2021 – 30 Jun 2022137
1 Jul 2020 – 30 Jun 2021161
1 Jul 2019 – 30 Jun 2020168
1 Jul 2018 – 30 Jun 2019155
1 Jul 2017 – 30 Jun 2018111
1 Jul 2016 – 30 Jun 2017103
1 Jul 2015 – 30 Jun 201689
1 Jul 2014 – 30 Jun 2015119
1 Jul 2013 – 30 Jun 2014114
1 Jul 2012 – 30 Jun 2013121
1 Jul 2011 – 30 Jun 2012148
1 Jul 2010 – 30 Jun 2011122
1 Jul 2009 – 30 Jun 2010117
1 Jul 2008 – 30 Jun 2009125
1 Jul 2007 – 30 Jun 2008120
28 Mar 2006 – 30 Jun 200794

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
CEOAnders Trap BitzerCurrent
CEOPeter Bæk
BoardKasper FredstedCurrent
BoardAnders Trap BitzerCurrent
BoardErling SørensenCurrent
BoardSøren Goth Brunbjerg VintherCurrent
BoardPeter Bæk
BoardLars Munch Christensen
BoardAnders Trap Bitzer
BoardSøren Goth Brunbjerg Vinther
BoardLars Munch Christensen
BoardAnders Trap Bitzer
BoardSøren Goth Brunbjerg Vinther
Owner (100%)GT Group ApSCurrent
Owner (33%)PETER BÆK HOLDING ApS
Owner (33%)KASPER FREDSTED HOLDING ApS
Owner (20%)ATB DK HOLDING ApS
Owner (10%)SGV HOLDING ApS
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorK P M G C JESPERSEN ÅRHUS I/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPETER BÆK HOLDING ApSCurrent
FounderRIKKE & FAR ApSCurrent
FounderKASPER FREDSTED HOLDING ApSCurrent

The CEOs' other companies

Anders Trap Bitzer – 5 other companies

Peter Bæk – 5 other companies

Address history (1 moves)

Michael Drewsens Vej 1A, 8270 Højbjerg
Oddervej 202, 8270 Højbjerg

Former names

GLOBAL TIMBER A/S – now
A/S GLOBAL TIMBER –

Employees per year

Number of employees at GLOBAL TIMBER A/S per year14272011: 1220112012: 1320122013: 1420132014: 2020142015: 2220152016: 1820162017: 2620172018: 272018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about GLOBAL TIMBER A/S

Has GLOBAL TIMBER A/S gone bankrupt?

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

What is the bankruptcy risk of GLOBAL TIMBER 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 CEO of GLOBAL TIMBER A/S?

Anders Trap Bitzer is the CEO of GLOBAL TIMBER A/S.

Who is the auditor of GLOBAL TIMBER A/S?

GLOBAL TIMBER A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was GLOBAL TIMBER A/S founded?

GLOBAL TIMBER A/S was founded on 28 March 2006.

What is the equity of GLOBAL TIMBER A/S?

Equity was DKK 66.0m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.