NORDIC SUGAR A/S

CVR 29781834 · Public limited company (A/S) · Active · Low risk

NORDIC SUGAR A/S is a Public limited company (A/S), founded on , based in Hvidovre. The company is registered in the industry fremstilling af sukker. 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 (28 Feb 2026) shows equity of DKK 3.6bn and a net result of DKK 84.0m.

Bankruptcy risk for NORDIC SUGAR A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reporting classReporting class C, large enterprise · bankruptcy rate 0.2%0.03×
Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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
29781834
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Stamholmen 147, 5.
2650 Hvidovre
Municipality
Hvidovre
Industry
Fremstilling af sukker (108100)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 1.0bn
Employees
484 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio87.4%
Current ratio606%
Moves (last 2 years)1
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
RevenueDKK 2.6bnDKK 3.2bn
Gross profitDKK 365.0mDKK 833.0m
Net profitDKK 84.0mDKK 565.0m
EquityDKK 3.6bnDKK 3.6bn
Total assetsDKK 4.2bnDKK 4.1bn
CashDKK 18.0mDKK 15.0m
Short-term debtDKK 363.0mDKK 384.0m
Avg. employees497503

Latest annual report: Reporting class C, large enterprise · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Mar 2025 – 28 Feb 2026122
1 Mar 2024 – 28 Feb 2025129
1 Mar 2023 – 28 Feb 2024118
1 Mar 2022 – 28 Feb 2023120
1 Mar 2021 – 28 Feb 2022119 Restated
1 Mar 2020 – 28 Feb 2021102
1 Mar 2019 – 28 Feb 2020103
1 Mar 2018 – 28 Feb 2019110
1 Mar 2017 – 28 Feb 201893
1 Mar 2016 – 28 Feb 201793
1 Mar 2015 – 28 Feb 2016122
1 Mar 2014 – 28 Feb 2015143
1 Mar 2013 – 28 Feb 2014152
1 Mar 2012 – 28 Feb 201398
1 Mar 2011 – 29 Feb 201289
1 Mar 2010 – 28 Feb 201170
1 Mar 2009 – 28 Feb 2010120
1 May 2008 – 28 Feb 2009135
1 May 2007 – 30 Apr 200875
1 May 2006 – 30 Apr 2007120

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
CEOMogens Granborg
CEONiels Vad Sørensen
CEOAllan Ries Kjærgaard
BoardKlaus HansenCurrent
BoardLone GøngeCurrent
BoardAnja Kirschbaum-MarheineCurrent
BoardMalene Kehlet JuulCurrent
BoardJannik Robin OlejasCurrent
BoardHenrik FinkeCurrent
BoardSøren Bjerre-Nielsen
BoardOle Søgaard Andersen
BoardTom Knutzen
BoardLars Kristian Andersen
BoardJesper Jeppesen
BoardJan Due
BoardNiels Jørgen Kornerup
BoardMartin Wilhelm Erwin Wienkenhöver
BoardHans-Gerd Birlenberg
BoardNiels Heinrich Pörksen
BoardAxel Robert Wolfgang Aumüller
BoardHartwig Fuchs
BoardMichael Jürgen Noth
BoardTroels Bruun-Hansen
BoardLone Gønge
BoardMichael Andersen
BoardJohn Richard Andersen
BoardInga Dransfeld-Haase
BoardMats Gerhard Liljestam
BoardLars Gorissen
BoardSteffen Allan Rasmussen
BoardRasmus Werner Olsen
BoardHartwig Fuchs
BoardSven Jansen
BoardSven Uwe Buhrmann
BoardFrank Jochen Knälmann
BoardInga Dransfeld-Haase
BoardSven Jansen
BoardAnna Marijke Goedeke
BoardAxel Robert Wolfgang Aumüller
BoardMaciej Piotr Wujec
BoardThomas Michael Kjær
BoardLars Müller
BoardAlexander Godow
BoardMorten Vinther
BoardNicole Dinter
BoardMartin Nøbølle Ravn
Owner (100%)Nordzucker AGCurrent
Owner (100%)NORDIC SUGAR HOLDING A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorERNST & YOUNG DENMARK P/S
AuditorEY Godkendt Revisionspartnerselskab
FounderInternational N&H Denmark ApSCurrent

The CEOs' other companies

Mogens Granborg – 21 other companies

Niels Vad Sørensen – 2 other companies, of which 1 bankrupt

Address history (2 moves)

Stamholmen 147, 5., 2650 Hvidovre
Edvard Thomsens Vej 10, 7., 2300 København S
c/o DANISCO A/S, Langebrogade 1, 1411 København K

Former names

NORDIC SUGAR A/S – now
DANISCO SUGAR A/S –

Employees per year

Number of employees at NORDIC SUGAR A/S per year2725442011: 50120112012: 51320122013: 54420132014: 52920142015: 51120152016: 49920162017: 48320172018: 4842018

Other companies at the same address

Questions and answers about NORDIC SUGAR A/S

Has NORDIC SUGAR A/S gone bankrupt?

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

What is the bankruptcy risk of NORDIC SUGAR 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 auditor of NORDIC SUGAR A/S?

NORDIC SUGAR A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was NORDIC SUGAR A/S founded?

NORDIC SUGAR A/S was founded on 31 August 2006.

What is the equity of NORDIC SUGAR A/S?

Equity was DKK 3.6bn according to the annual report for the period ending 28 February 2026.

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