SGS-DOORS A/S

CVR 30608828 · Public limited company (A/S) · Active · Low risk

SGS-DOORS A/S is a Public limited company (A/S), founded on , based in Ikast. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 38.3m and a net result of DKK 8.9m. CEO: Michael Cassøe.

Bankruptcy risk for SGS-DOORS A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% 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 CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
30608828
Status
Active
Company type
Public limited company (A/S)
Founded
(19 years)
Address
Thrigesvej 8
7430 Ikast
Municipality
Ikast-Brande
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 556k
Employees
55 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 19
Missing annual reportNo
Negative equityNo
Equity ratio71.2%
Current ratio222%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 14.0mDKK 13.1mDKK 13.2m
Net profitDKK 8.9mDKK 8.5mDKK 8.1m
EquityDKK 38.3mDKK 39.3mDKK 56.9m
Total assetsDKK 53.8mDKK 56.9mDKK 69.9m
CashDKK 7.9mDKK 8.1m–
Short-term debtDKK 13.7mDKK 15.7m–
Tax owedDKK 2.6mDKK 2.4m–
Avg. employees6061–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025152
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020154
1 Jan 2019 – 31 Dec 2019171
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016158
1 Jan 2015 – 31 Dec 2015160
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012155
1 Jan 2011 – 31 Dec 2011173
1 Jan 2010 – 31 Dec 2010107
1 Jan 2009 – 31 Dec 200926
1 Jan 2008 – 31 Dec 2008138
1 Jan 2007 – 31 Dec 200727

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
CEOMichael CassøeCurrent
CEOLeif Pedersen
BoardLeif PedersenCurrent
BoardRené Ægidius KjærCurrent
BoardStig BundgaardCurrent
BoardMichael CassøeCurrent
BoardDennis AlbækCurrent
BoardLisbeth Hindborg Pedersen
BoardSteffen Hindborg Pedersen
Owner (100%)Vækst-Invest III Oak Bidco ApSCurrent
Owner (90%)SLS HOLDING, SUNDS ApS
Owner (10%)RK HOLDING ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorCHRISTENSEN & PEDERSEN, HERNING A/S
AuditorBent Christensen
AuditorAKTIESELSKABET AF 10. AUGUST 1998
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderLeif PedersenCurrent

The CEOs' other companies

Michael Cassøe – 17 other companies

Leif Pedersen – 7 other companies

Address history (1 moves)

Thrigesvej 8, 7430 Ikast
Nørremarkvej 19, 7451 Sunds

Former names

SGS-DOORS A/S – now
SNEDKERGÅRDEN SUNDS A/S –

Employees per year

Number of employees at SGS-DOORS A/S per year28552011: 3320112012: 3420122013: 4020132014: 3820142015: 4320152016: 4320162017: 4720172018: 552018

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about SGS-DOORS A/S

Has SGS-DOORS A/S gone bankrupt?

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

What is the bankruptcy risk of SGS-DOORS A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of SGS-DOORS A/S?

Michael Cassøe is the CEO of SGS-DOORS A/S.

Who is the auditor of SGS-DOORS A/S?

SGS-DOORS A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was SGS-DOORS A/S founded?

SGS-DOORS A/S was founded on 18 May 2007.

What is the equity of SGS-DOORS A/S?

Equity was DKK 38.3m 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.