VOLCANO A/S

CVR 31272149 · Public limited company (A/S) · Active · Medium risk

VOLCANO A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.. Our model estimates a bankruptcy risk of 1.7% over the next 12 months, which is 1.2 times the average for Danish companies. 18 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -1.6m and a net result of DKK 142k. CEO: Kristian Riis.

Bankruptcy risk for VOLCANO A/S

1.7%
probability of bankruptcy within 12 months
Medium risk

1.2 × the average (1.41%) · higher risk than 81% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
31272149
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
c/o Kristian Riis, Nansensgade 39, st. tv
1366 København K
Municipality
København
Industry
Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n. (749990)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 500k
Employees
1 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 18
Missing annual reportNo
Negative equityYes
Equity ratio-71.2%
Current ratio113%
Moves (last 2 years)1
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 2.1mDKK 3.2mDKK 4.0m
Net profitDKK 142kDKK -739kDKK 304k
EquityDKK -1.6mDKK -1.8mDKK -1.0m
Total assetsDKK 2.3mDKK 632kDKK 1.8m
CashDKK 981kDKK 261k–
Short-term debtDKK 1.9mDKK 456k–
Avg. employees67–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023197 Late
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018165
1 Jan 2017 – 31 Dec 2017179
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013141
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011165
1 Jan 2010 – 31 Dec 2010181
1 Jan 2009 – 31 Dec 2009194 Late
1 Feb 2008 – 31 Dec 2008175

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
CEOKristian RiisCurrent
CEOKristian Riis
CEOJesper Majdall Petersen
CEOUlrik Ørum-Petersen
CEOThøger Michelsen
BoardPeter Jørgen RønnowCurrent
BoardKristian RiisCurrent
BoardSøren Grove StigCurrent
BoardThøger Michelsen
Owner (100%)COACH ApSCurrent
Owner (50%)COACH ApS
Owner (50%)RIIS MICHELSEN HOLDING ApS
AuditorMJAKP2 I/S
AuditorJS Revision ApS
FounderCOACH ApSCurrent
FounderRIIS MICHELSEN HOLDING ApSCurrent
FounderMULFUS ApSCurrent
FounderMAJERN HOLDING ApSCurrent

The CEOs' other companies

Kristian Riis – 14 other companies

Jesper Majdall Petersen – 5 other companies

Ulrik Ørum-Petersen – 4 other companies

Thøger Michelsen – 6 other companies, of which 1 bankrupt

Address history (9 moves)

c/o Kristian Riis, Nansensgade 39, st. tv, 1366 København K
c/o Volcano, Århusgade 88, 2., 2100 København Ø
Lygten 39, 2400 København NV
Oceanvej 1, 2150 Nordhavn
c/o Startup Guide, Borgbjergsvej 1, 2450 København SV
c/o EY Box, Kanonbådsvej 2, 1437 København K
Gammel Kongevej 11, 1610 København V
Nyropsgade 39, 1602 København V
Oehlenschlægersgade 76, 1663 København V
Axeltorv 12D, 1609 København V

Former names

VOLCANO A/S – now
VOLCANO ApS –
VOLCANO MANAGEMENT ApS –

Employees per year

Number of employees at VOLCANO A/S per year6122011: 620112012: 1220122013: 1020132014: 320142015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in København

Questions and answers about VOLCANO A/S

Has VOLCANO A/S gone bankrupt?

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

What is the bankruptcy risk of VOLCANO A/S?

Our model estimates a bankruptcy risk of 1.7% over the next 12 months (medium risk), which is 1.2 times the average for Danish companies.

Who is the CEO of VOLCANO A/S?

Kristian Riis is the CEO of VOLCANO A/S.

Who is the auditor of VOLCANO A/S?

VOLCANO A/S most recently used Beierholm.

When was VOLCANO A/S founded?

VOLCANO A/S was founded on 1 February 2008.

What is the equity of VOLCANO A/S?

Equity was DKK -1.6m 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.