Validate Engineering A/S

CVR 29520925 · Public limited company (A/S) · Active · Low risk

Validate Engineering A/S is a Public limited company (A/S), founded on , based in Jerslev J. The company is registered in the industry detailhandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 19 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 335k and a net result of DKK -270k. CEO: Torben Gade Faurholdt.

Bankruptcy risk for Validate Engineering A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
29520925
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
c/o Torben Gade Faurholdt, Øster Hjelmstedvej 77
9740 Jerslev J
Municipality
Brønderslev
Industry
Detailhandel med informations- og kommunikationsudstyr (474000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 400k
Employees
0 (2018)
Auditor
Abrahamsen Revision
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 19
Missing annual reportNo
Negative equityNo
Equity ratio38.9%
Current ratio140%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -159kDKK 428kDKK 136k
Net profitDKK -270kDKK 85kDKK 54k
EquityDKK 335kDKK 605kDKK 520k
Total assetsDKK 860kDKK 881kDKK 1.7m
CashDKK 115kDKK 702k–
Short-term debtDKK 525kDKK 249k–
Tax owed–DKK 17k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025174
1 Oct 2023 – 30 Sep 2024171
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022182
1 Oct 2020 – 30 Sep 2021161
1 Oct 2019 – 30 Sep 2020161
1 Oct 2018 – 30 Sep 2019155
1 Oct 2017 – 30 Sep 2018184 Late
1 Oct 2016 – 30 Sep 2017200 Late
1 Oct 2015 – 30 Sep 2016160
1 Oct 2014 – 30 Sep 2015147
1 Oct 2013 – 30 Sep 2014155
1 Oct 2012 – 30 Sep 2013183
1 Oct 2011 – 30 Sep 2012176
1 Oct 2010 – 30 Sep 2011153
1 Oct 2009 – 30 Sep 2010124
1 Oct 2008 – 30 Sep 2009173
1 Oct 2007 – 30 Sep 2008160
28 Apr 2006 – 30 Sep 2007148

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
CEOTorben Gade FaurholdtCurrent
BoardTorben Gade FaurholdtCurrent
BoardKirsten FaurholdtCurrent
BoardAndreas Gade FaurholdtCurrent
Owner (100%)FAURHOLDT HOLDING ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPART NORD REVISION ApS
FounderFAURHOLDT HOLDING ApSCurrent

The CEOs' other companies

Torben Gade Faurholdt – 2 other companies

Address history (6 moves)

c/o Torben Gade Faurholdt, Øster Hjelmstedvej 77, 9740 Jerslev J
c/o Torben Gade Faurholdt, Øster Hjelmstedvej 77, 9740 Jerslev J
Gravensgade 42, 9700 Brønderslev
Gasværksvej 5, 9000 Aalborg
Pontoppidanstræde 103, 9220 Aalborg Øst
Niels Jernes Vej 10, 9220 Aalborg Øst
Øster Hjelmstedvej 77, 9740 Jerslev J

Former names

Validate Engineering A/S – now
FAURCON A/S –
FAURCON ApS –

Employees per year

Number of employees at Validate Engineering A/S per year242011: 420112012: 320122013: 320132014: 220142015: 420152016: 020162017: 120172018: 02018

Other companies at the same address

Similar companies in Brønderslev

Questions and answers about Validate Engineering A/S

Has Validate Engineering A/S gone bankrupt?

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

What is the bankruptcy risk of Validate Engineering A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Validate Engineering A/S?

Torben Gade Faurholdt is the CEO of Validate Engineering A/S.

Who is the auditor of Validate Engineering A/S?

Validate Engineering A/S most recently used Abrahamsen Revision.

When was Validate Engineering A/S founded?

Validate Engineering A/S was founded on 28 April 2006.

What is the equity of Validate Engineering A/S?

Equity was DKK 335k according to the annual report for the period ending 30 September 2025.

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