ForMotion Denmark A/S

CVR 30703502 · Public limited company (A/S) · Active · Low risk

ForMotion Denmark A/S is a Public limited company (A/S), founded on , based in Odense M. The company is registered in the industry fremstilling af medicinske og dentale instrumenter samt udstyr hertil. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 19.6m and a net result of DKK 1.5m.

Bankruptcy risk for ForMotion Denmark A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
30703502
Status
Active
Company type
Public limited company (A/S)
Founded
(19 years)
Address
Børstenbindervej 12A
5230 Odense M
Municipality
Odense
Industry
Fremstilling af medicinske og dentale instrumenter samt udstyr hertil (325000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 5.0m
Employees
65 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityNo
Equity ratio55.6%
Current ratio208%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 43.3mDKK 42.0m
Net profitDKK 1.5mDKK 1.3m
EquityDKK 19.6mDKK 18.1m
Total assetsDKK 35.3mDKK 38.3m
CashDKK 7.7m–
Short-term debtDKK 15.7m–
Avg. employees75–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024146
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022165
1 Jan 2021 – 31 Dec 2021166
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019167
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017114
1 Jan 2016 – 31 Dec 201668
1 Jan 2015 – 31 Dec 2015104
1 Jan 2014 – 31 Dec 2014107
1 Jan 2013 – 31 Dec 201384
1 Jan 2012 – 31 Dec 201284
1 Jan 2011 – 31 Dec 201186
1 Jan 2010 – 31 Dec 201082
1 Jan 2009 – 31 Dec 2009125
1 Jul 2007 – 31 Dec 2008155

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
CEOHenrik Løve
BoardGudjon Grimur KárasonCurrent
BoardSveinn Logi SölvasonCurrent
BoardGuðný Arna SveinsdóttirCurrent
BoardIvan Sørensen
BoardHenrik Løve
BoardPoul Andreasen
BoardMads Harbo
BoardRasmus Haugaard
BoardBenedikte Krogh Holck
BoardJeannie Pihlsbech Mathiasen
BoardTorben Bo Nybro
BoardFinn Boisen
BoardPoul Andreasen
BoardJeannie Pihlsbech Mathiasen
BoardBenedikte Krogh Holck
BoardJón Sigurdsson
BoardTómas Eiríksson
Owner (100%)Embla Medical hf.Current
Owner (100%)BANROB A/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBogføring I/S
AuditorR&R STATSAUTORISERET REVISIONSANPARTSSELSKAB
FounderBANROB A/SCurrent

The CEOs' other companies

Henrik Løve – 13 other companies, of which 1 bankrupt

Address history (2 moves)

Børstenbindervej 12A, 5230 Odense M
Børstenbindervej 12, 5230 Odense M
Folehavevej 7, 2970 Hørsholm

Former names

ForMotion Denmark A/S – now
ORTOS A/S –

Employees per year

Number of employees at ForMotion Denmark A/S per year33652011: 3620112012: 3720122013: 4520132014: 4620142015: 5020152016: 5320162017: 5820172018: 652018

Other companies at the same address

Similar companies in Odense

Questions and answers about ForMotion Denmark A/S

Has ForMotion Denmark A/S gone bankrupt?

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

What is the bankruptcy risk of ForMotion Denmark A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the auditor of ForMotion Denmark A/S?

ForMotion Denmark A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was ForMotion Denmark A/S founded?

ForMotion Denmark A/S was founded on 1 July 2007.

What is the equity of ForMotion Denmark A/S?

Equity was DKK 19.6m 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.