KARSKO GROUP A/S

CVR 29685851 · Public limited company (A/S) · Active · Low risk

KARSKO GROUP A/S is a Public limited company (A/S), founded on , based in Hobro. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 534.1m and a net result of DKK -2.0m. CEO: Søren Rasmussen.

Bankruptcy risk for KARSKO GROUP 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

Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · 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
29685851
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Mariagervej 58B
9500 Hobro
Municipality
Mariagerfjord
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 56.1m
Employees
1 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 19
Missing annual reportNo
Negative equityNo
Equity ratio94.6%
Current ratio4%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address119
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 824kDKK 19.4mDKK 365k
Net profitDKK -2.0mDKK 17.1mDKK 221k
EquityDKK 534.1mDKK 548.2mDKK 403.4m
Total assetsDKK 564.8mDKK 565.8mDKK 435.7m
CashDKK 14kDKK 2.1m–
Short-term debtDKK 30.1mDKK 16.1m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025178
1 Jan 2024 – 31 Dec 2024186 Late
1 Jan 2023 – 31 Dec 2023162
1 Jan 2022 – 31 Dec 2022151
1 Jan 2021 – 31 Dec 2021145
1 Jan 2020 – 31 Dec 2020117
1 Jan 2019 – 31 Dec 201994
1 Jan 2018 – 31 Dec 201891
1 Jan 2017 – 31 Dec 2017113
1 Jan 2016 – 31 Dec 2016121
1 Jan 2015 – 31 Dec 2015124
1 Jan 2014 – 31 Dec 2014139
1 Jan 2013 – 31 Dec 2013114
1 Jan 2012 – 31 Dec 2012147
1 Jan 2011 – 31 Dec 201194
1 Jan 2010 – 31 Dec 2010123
1 Jan 2009 – 31 Dec 200997
1 Jan 2008 – 31 Dec 2008179
4 Jul 2006 – 31 Dec 2007169

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
CEOSøren RasmussenCurrent
CEOSøren Bach Brund
BoardSøren RasmussenCurrent
BoardJens RasmussenCurrent
BoardLis Wendelbo BrundCurrent
BoardLars TolborgCurrent
BoardCarsten Bo Christensen
BoardCarsten John Nielsen
BoardSøren Bach Brund
BoardKnud Simonsen
BoardLars Tolborg
BoardOle Svidt Christensen
BoardPaul-Christian Sonne Kongsted
Owner (10%)TOLBORG HOLDING ApSCurrent
Owner (25%)BORUM ØSTERGÅRD A/SCurrent
Owner (25%)EnergyTech Estate A/SCurrent
Owner (25%)FRANDSBJERG INVEST A/SCurrent
Owner (10%)EnergyTech Estate A/S
Owner (20%)FRANDSBJERG INVEST A/S
Owner (10%)EMILSMINDE A/S
Owner (10%)ANTON SVIDT CHRISTENSEN INVEST ApS
Owner (10%)CBC Invest ApS
Owner (15%)FRANDSBJERG INVEST A/S
Owner (20%)FRANDSBJERG INVEST A/S
Owner (25%)EnergyTech Estate A/S
Owner (25%)FRANDSBJERG INVEST A/S
Owner (50%)FRANDSBJERG INVEST A/S
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorREVISIONSFIRMAET ANDERSEN & BRUND
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderCarsten Bo ChristensenCurrent
FounderCarsten John NielsenCurrent
FounderYDERUPGÅRD A/SCurrent
FounderFRANDSBJERG INVEST A/SCurrent

The CEOs' other companies

Søren Rasmussen – 53 other companies, of which 3 bankrupt

Søren Bach Brund – 13 other companies, of which 2 bankrupt

Address history (3 moves)

Mariagervej 58B, 9500 Hobro
Mariagervej 58B, 9500 Hobro
Hobrovej 4A, 9550 Mariager
c/o Søren Brund, Borumvej 105, 8471 Sabro

Former names

KARSKO GROUP A/S – now
C&S HOLDING A/S –

Employees per year

Number of employees at KARSKO GROUP A/S per year122012: 020122013: 020132014: 120142015: 020152016: 120162017: 220172018: 12018

Other companies at the same address

Similar companies in Mariagerfjord

Questions and answers about KARSKO GROUP A/S

Has KARSKO GROUP A/S gone bankrupt?

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

What is the bankruptcy risk of KARSKO GROUP 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 KARSKO GROUP A/S?

Søren Rasmussen is the CEO of KARSKO GROUP A/S.

Who is the auditor of KARSKO GROUP A/S?

KARSKO GROUP A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was KARSKO GROUP A/S founded?

KARSKO GROUP A/S was founded on 4 July 2006.

What is the equity of KARSKO GROUP A/S?

Equity was DKK 534.1m 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.