LEATHER MASTER A/S

CVR 30507363 · Public limited company (A/S) · Active · Low risk

LEATHER MASTER A/S is a Public limited company (A/S), founded on , based in Ballerup. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.1m and a net result of DKK -254k. CEO: Martin Nørregaard.

Bankruptcy risk for LEATHER MASTER A/S

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% 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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Dissolution warning from the Business AuthorityYes · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
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
30507363
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
Borupvang 3
2750 Ballerup
Municipality
Ballerup
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
1 (2018)
Auditor
ALBJERG STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityNo
Equity ratio78.0%
Current ratio455%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address150
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 833kDKK 824k
Net profitDKK -254kDKK 209k
EquityDKK 1.1mDKK 1.9m
Total assetsDKK 1.4mDKK 2.3m
CashDKK 528k–
Short-term debtDKK 315k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · ALBJERG, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202529
1 Jan 2024 – 31 Dec 202424
1 Jan 2023 – 31 Dec 202324
1 Jan 2022 – 31 Dec 202234
1 Jan 2021 – 31 Dec 202153
1 Jan 2020 – 31 Dec 202060
1 Jan 2019 – 31 Dec 201937
1 Jan 2018 – 31 Dec 201844
1 Jan 2017 – 31 Dec 201733
1 Jan 2016 – 31 Dec 201655
1 Jan 2015 – 31 Dec 201533
1 Jan 2014 – 31 Dec 201489
1 Jan 2013 – 31 Dec 201398
1 Jan 2012 – 31 Dec 2012155
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 2009152
1 Jan 2008 – 31 Dec 2008176

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
CEOMartin NørregaardCurrent
BoardMartin NørregaardCurrent
BoardStefan Nicholas AabroCurrent
BoardJette NørregaardCurrent
BoardLars Byrner
Owner (50%)AABRO HOLDING ApSCurrent
Owner (50%)MENTORHOUSE ApSCurrent
AuditorALBJERG STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
AuditorRågeleje af 12. august 2021 ApS
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorADDEA Administation ApS
AuditorBoreco Statsautoriseret Revisionspartnerselskab

The CEOs' other companies

Martin Nørregaard – 5 other companies, of which 1 bankrupt

Address history (1 moves)

Borupvang 3, 2750 Ballerup
Marielundvej 43A, 2730 Herlev

Employees per year

Number of employees at LEATHER MASTER A/S per year352011: 320112012: 320122013: 320132014: 520142015: 420152016: 420162017: 120172018: 12018

Other companies at the same address

Similar companies in Ballerup

Questions and answers about LEATHER MASTER A/S

Has LEATHER MASTER A/S gone bankrupt?

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

What is the bankruptcy risk of LEATHER MASTER A/S?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of LEATHER MASTER A/S?

Martin Nørregaard is the CEO of LEATHER MASTER A/S.

Who is the auditor of LEATHER MASTER A/S?

LEATHER MASTER A/S most recently used ALBJERG STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was LEATHER MASTER A/S founded?

LEATHER MASTER A/S was founded on 26 June 2008.

What is the equity of LEATHER MASTER A/S?

Equity was DKK 1.1m 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.