Forstas A/S

CVR 29615756 · Public limited company (A/S) · Active · Low risk

Forstas A/S is a Public limited company (A/S), founded on , based in Fredericia. The company is registered in the industry landskabspleje. 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. The latest annual report (31 Dec 2025) shows equity of DKK 62.4m and a net result of DKK 7.7m. CEO: Morten Bach Madsen.

Bankruptcy risk for Forstas 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

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
29615756
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Prins Georgs Kvarter 3
7000 Fredericia
Municipality
Fredericia
Industry
Landskabspleje (813000)
Bankruptcies in the industry: Almindelig rengøring i bygninger
Share capital
DKK 500k
Employees
211 (2018)
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio27.6%
Current ratio119%
Moves (last 2 years)0
CEO changes in total16
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 465.7mDKK 427.8mDKK 343.1m
Gross profitDKK 230.0mDKK 205.1mDKK 171.3m
Net profitDKK 7.7mDKK 17.0mDKK 11.6m
EquityDKK 62.4mDKK 64.7mDKK 52.7m
Total assetsDKK 226.0mDKK 176.7mDKK 180.4m
CashDKK 65kDKK 3.6m–
Short-term debtDKK 97.3mDKK 64.1m–
Tax owedDKK 1.8m––
Avg. employees310266–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202590
1 Jan 2024 – 31 Dec 202480
1 Jan 2023 – 31 Dec 202395
1 Jan 2022 – 31 Dec 202289
1 Jan 2021 – 31 Dec 202191
1 Jan 2020 – 31 Dec 202063
1 Jan 2019 – 31 Dec 201991
1 Jan 2018 – 31 Dec 201870
1 Jan 2017 – 31 Dec 201796
1 Jan 2016 – 31 Dec 201679
1 Jan 2015 – 31 Dec 201588
1 Jan 2014 – 31 Dec 201471
1 Jan 2013 – 31 Dec 201373
1 Jan 2012 – 31 Dec 201283
1 Jan 2011 – 31 Dec 201159
1 Jan 2010 – 31 Dec 201073
1 Jan 2009 – 31 Dec 200987
1 Jan 2008 – 31 Dec 2008146
1 Jan 2007 – 31 Dec 2007150
8 Jun 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
CEOMorten Bach MadsenCurrent
CEOSvend Erik Bech Rasmussen
CEOThomas Munch Sørensen
CEOHenrik Hallenberg Rasmussen
CEOMartin Meyer Bertelsen
CEOTroels Juhl
CEOSøren Simonsen
CEOKim Nielsen
CEOLennart Vigenberg
CEOAnett Leth Egsgaard
BoardLars BeckCurrent
BoardSvend Erik SkovhusCurrent
BoardThomas Munch SørensenCurrent
BoardMartin Meyer BertelsenCurrent
BoardSvend Erik Skovhus
BoardThomas Munch Sørensen
BoardHenrik Hallenberg Rasmussen
BoardRasmus Munch Sørensen
BoardAnett Leth Egsgaard
BoardLars Beck
BoardLars Beck
BoardSvend Erik Skovhus
BoardSvend Erik Skovhus
Owner (100%)MUNCH SØRENSEN HOLDING ApSCurrent
Owner (100%)STH-HOLDING ApS
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorA/S AF 8.3.2011 KOLDING
FounderSTH-HOLDING ApSCurrent

The CEOs' other companies

Svend Erik Bech Rasmussen – 11 other companies, of which 1 bankrupt

Thomas Munch Sørensen – 15 other companies

Henrik Hallenberg Rasmussen – 18 other companies

Kim Nielsen – 2 other companies

Lennart Vigenberg – 4 other companies

Anett Leth Egsgaard – 17 other companies

Address history (3 moves)

Prins Georgs Kvarter 3, 7000 Fredericia
Karetmagervej 23, st., 7100 Vejle
Tornvadshavevej 109, 7080 Børkop
Tornvadshavevej 109, 7080 Børkop

Former names

Forstas A/S – now
FORSTAS A/S –
FORSTAS ApS –

Employees per year

Number of employees at Forstas A/S per year1062112011: 1720112012: 3020122013: 2420132014: 3820142015: 9020152016: 11620162017: 14520172018: 2112018

Other companies at the same address

Similar companies in Fredericia

Questions and answers about Forstas A/S

Has Forstas A/S gone bankrupt?

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

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

Morten Bach Madsen is the CEO of Forstas A/S.

Who is the auditor of Forstas A/S?

Forstas A/S most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Forstas A/S founded?

Forstas A/S was founded on 8 June 2006.

What is the equity of Forstas A/S?

Equity was DKK 62.4m 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.