ICOPAL ApS

CVR 29802068 · Private limited company (ApS) · Active · Low risk

ICOPAL ApS is a Private limited company (ApS), founded on , based in Nørresundby. The company is registered in the industry andre forretningsserviceaktiviteter i.a.n.. 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 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.4bn and a net result of DKK -342.7m. CEO: Klavs Eske Hansen.

Bankruptcy risk for ICOPAL ApS

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

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Auditor's statementAndet · bankruptcy rate 0.0%0.00×
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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
29802068
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Kystvejen 56
9400 Nørresundby
Municipality
Aalborg
Industry
Andre forretningsserviceaktiviteter i.a.n. (829900)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 200.0m
Employees
9 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late7 of 19
Missing annual reportNo
Negative equityNo
Equity ratio52.6%
Current ratio88%
Moves (last 2 years)1
CEO changes in total22
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Net profitDKK -342.7mDKK 357.2m
EquityDKK 1.4bnDKK 1.6bn
Total assetsDKK 2.6bnDKK 2.9bn
Short-term debtDKK 41.9m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Independent Auditor’s Report · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021216 Late
1 Jan 2020 – 31 Dec 2020266 Late
1 Jan 2019 – 31 Dec 2019199 Late
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017176
1 Jan 2016 – 31 Dec 2016173
1 Jan 2015 – 31 Dec 2015155
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013118
1 Jan 2012 – 31 Dec 2012120
1 Jan 2011 – 31 Dec 2011136
1 Jan 2010 – 31 Dec 2010117
1 Jan 2009 – 31 Dec 2009122
1 Jan 2008 – 31 Dec 2008147
11 Dec 2006 – 31 Dec 2007134

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
CEOKlavs Eske HansenCurrent
CEOCaroline Sundorph Pontoppidan
CEOMufeed Rajab
CEOHolger Carsten Hansen
CEOMartin Hans Ellis
CEOChristian Gymos Schmidt-Jacobsen
CEOJanus Doré Pagh
CEOHenrik Hansen
CEOAlfons Horn
CEOJohannes Georg Schmidt-Schultes
CEOFlemming Adolfsen
CEOJørgen Middelhede Erichsen
BoardJørgen Nørgaard ØsterCurrent
BoardKlavs Eske HansenCurrent
BoardPer Valter KnutssonCurrent
BoardHenrik Møgelmose
BoardPeter Kim Ketelsen
BoardCaroline Sundorph Pontoppidan
BoardAnthony Lee Robinson
BoardMufeed Rajab
BoardMartin Hans Ellis
BoardDaniel Lopez Cruz
BoardBrian Norman Dickie
BoardYves Marc Christian Alexandre
BoardMiguel Kohlmann
BoardChristine Bosse
BoardCarsten Hagenbucher
BoardScott Jon Freidheim
BoardAgnete Raaschou-Nielsen
BoardHendrik ten Hove
BoardJames Russell Schnepper
BoardJason Ivan Pollack
BoardThomas Joseph Anderson
BoardGeorg Harrasser
BoardJohannes Georg Schmidt-Schultes
BoardKlaus Sonne Ravn
BoardJørgen Middelhede Erichsen
BoardPaul Stel
BoardKlavs Eske Hansen
BoardDaniel Paul Richard Minney
Owner (100%)BMI Group Holdings UK LimitedCurrent
Owner (90%)RFG MIDCO ApS
Owner (5%)ICOPAL ApS
Owner (100%)Cortes Acquisition Company ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderKR 332 ApSCurrent

The CEOs' other companies

Klavs Eske Hansen – 10 other companies

Caroline Sundorph Pontoppidan – 50 other companies, of which 50 bankrupt

Holger Carsten Hansen – 46 other companies, of which 4 bankrupt

Christian Gymos Schmidt-Jacobsen – 49 other companies

Janus Doré Pagh – 26 other companies

Henrik Hansen – 41 other companies

Flemming Adolfsen – 11 other companies

Jørgen Middelhede Erichsen – 10 other companies

Address history (4 moves)

Kystvejen 56, 9400 Nørresundby
Kystvejen 56, 9400 Nørresundby
Lyskær 5, 2730 Herlev
Mileparken 38, 2730 Herlev
c/o Kromann Reumert, Sundkrogsgade 5, 2100 København Ø

Former names

ICOPAL ApS – now
ICOPAL A/S –
RFG HOLDING A/S –
KR 476 A/S –

Employees per year

Number of employees at ICOPAL ApS per year16322011: 3220112012: 2820122013: 2720132014: 2720142015: 2320152016: 2420162017: 1820172018: 92018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about ICOPAL ApS

Has ICOPAL ApS gone bankrupt?

No, ICOPAL ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of ICOPAL ApS?

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 ICOPAL ApS?

Klavs Eske Hansen is the CEO of ICOPAL ApS.

Who is the auditor of ICOPAL ApS?

ICOPAL ApS most recently used EY Godkendt Revisionspartnerselskab.

When was ICOPAL ApS founded?

ICOPAL ApS was founded on 11 December 2006.

What is the equity of ICOPAL ApS?

Equity was DKK 1.4bn 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.