SANDGAARD INNOVATION A/S

CVR 31419913 · Public limited company (A/S) · Active · Low risk

SANDGAARD INNOVATION A/S is a Public limited company (A/S), founded on , based in Ringe. The company is registered in the industry grafisk design og visuel kommunikation. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 18 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -2.1m and a net result of DKK -67k. CEO: Thomas Sandgaard Sørensen.

Bankruptcy risk for SANDGAARD INNOVATION A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% 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×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · 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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
31419913
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
Bøjdenvejen 46
5750 Ringe
Municipality
Faaborg-Midtfyn
Industry
Grafisk design og visuel kommunikation (741200)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 500k
Employees
0 (2011)
Auditor
FKS Revision Registreret revisionsvirksomhed
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityYes
Equity ratio-433.7%
Current ratio315%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -12kDKK 299k
Net profitDKK -67kDKK 240k
EquityDKK -2.1mDKK -2.1m
Total assetsDKK 492kDKK 483k
CashDKK 15k–
Short-term debtDKK 116k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · FKS Revision Registreret revisionsvirksomhed.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025151
1 Jul 2023 – 30 Jun 2024108
1 Jul 2022 – 30 Jun 202391
1 Jul 2021 – 30 Jun 2022117
1 Jul 2020 – 30 Jun 2021117
1 Jul 2019 – 30 Jun 202094
1 Jul 2018 – 30 Jun 2019170
1 Jul 2017 – 30 Jun 2018171
1 Jul 2016 – 30 Jun 2017175
1 Jul 2015 – 30 Jun 2016149
1 Jul 2014 – 30 Jun 2015145
1 Jul 2013 – 30 Jun 2014153
1 Jul 2012 – 30 Jun 2013173
1 Jul 2011 – 30 Jun 2012173
1 Jul 2010 – 30 Jun 2011167
1 Jul 2009 – 30 Jun 2010153
1 Jul 2008 – 30 Jun 2009167
1 Jul 2007 – 30 Jun 2008156

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
CEOThomas Sandgaard SørensenCurrent
BoardThomas Sandgaard SørensenCurrent
BoardMatilde Sander NielsenCurrent
BoardAnnette Jespersen SørensenCurrent
BoardKnud Erik Sørensen
BoardAnnette Jespersen Sørensen
BoardPer Sandgaard Sørensen
Owner (100%)THOMAS SANDGAARD HOLDING ApSCurrent
AuditorREVISION AGROGÅRDEN REGISTRERET REVISIONSANPARTSSELSKAB
AuditorERC REVISION GODKENDT REVISIONSANPARTSSELSKAB

The CEOs' other companies

Thomas Sandgaard Sørensen – 6 other companies

Address history (2 moves)

Bøjdenvejen 46, 5750 Ringe
c/o Knud Sørensen, Tangevej 3, 5750 Ringe
Bakkevej 12, 5750 Ringe

Former names

SANDGAARD INNOVATION A/S – now
SANDGAARD SKILTE A/S –

Employees per year

Number of employees at SANDGAARD INNOVATION A/S per year122008: 220082009: 020092011: 02011

Other companies at the same address

Similar companies in Faaborg-Midtfyn

Questions and answers about SANDGAARD INNOVATION A/S

Has SANDGAARD INNOVATION A/S gone bankrupt?

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

What is the bankruptcy risk of SANDGAARD INNOVATION A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of SANDGAARD INNOVATION A/S?

Thomas Sandgaard Sørensen is the CEO of SANDGAARD INNOVATION A/S.

Who is the auditor of SANDGAARD INNOVATION A/S?

SANDGAARD INNOVATION A/S most recently used FKS Revision Registreret revisionsvirksomhed.

When was SANDGAARD INNOVATION A/S founded?

SANDGAARD INNOVATION A/S was founded on 17 March 2008.

What is the equity of SANDGAARD INNOVATION A/S?

Equity was DKK -2.1m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.