Advanced Industries Packaging A/S

CVR 31536715 · Public limited company (A/S) · Active · Low risk

Advanced Industries Packaging A/S is a Public limited company (A/S), founded on , based in Nørresundby. The company is registered in the industry fremstilling af bølgepap, pap og emballage af papir og pap. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 113.1m and a net result of DKK -1.7m.

Bankruptcy risk for Advanced Industries Packaging A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% 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×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
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
31536715
Status
Active
Company type
Public limited company (A/S)
Founded
(55 years)
Address
Stigsborgvej 36
9400 Nørresundby
Municipality
Aalborg
Industry
Fremstilling af bølgepap, pap og emballage af papir og pap (172100)
Bankruptcies in the industry: Fremstilling af bølgepap og pap og emballage af papir og pap
Share capital
DKK 50.0m
Employees
124 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 31
Missing annual reportNo
Negative equityNo
Equity ratio65.6%
Current ratio169%
Moves (last 2 years)1
CEO changes in total11
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 283.3mDKK 269.3mDKK 255.4m
Gross profitDKK 26.1mDKK 22.8mDKK 13.6m
Net profitDKK -1.7mDKK -1.6mDKK 1.9m
EquityDKK 113.1mDKK 114.8mDKK 116.5m
Total assetsDKK 172.5mDKK 171.0mDKK 174.4m
CashDKK 68kDKK 310k–
Short-term debtDKK 57.9mDKK 54.3m–
Avg. employees105––

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022194 Late
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019191 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015125
1 Jan 2014 – 31 Dec 2014131
1 Jan 2013 – 31 Dec 2013148
1 Jan 2012 – 31 Dec 2012153
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010157
1 Jan 2009 – 31 Dec 2009168
1 Jan 2008 – 31 Dec 2008147
1 Jan 2007 – 31 Dec 2007169
1 Jan 2006 – 31 Dec 2006165

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
CEOArne Johannes Juul Jensen
CEOBørge Sand Kirk
CEONiels Ole Pedersen
CEOJørgen Sørensen
CEOJørgen Østerheden
CEOLars Goran Oskar Angesten
CEOKarsten Hüche
CEONiels Møller Mortensen
BoardAndrey VolokhovCurrent
BoardDmitry VardashkinCurrent
BoardAnnette VechtCurrent
BoardRinat StarkCurrent
BoardHenry Elkjær Kjeldsen
BoardTommy Jensen
BoardKristen Haugaard Nielsen
BoardUffe Selmann Andreassen
BoardArne Gundersen
BoardMartin Nielsen
BoardNiels Bager Skadhauge
BoardVilly Appelgren Koch Rosenveldt
BoardSteen Nielsen
BoardKarl Erik Ravn
BoardHans Henrik Nissen
BoardOle Trolle
BoardPer Gradman
BoardNiels Jørgen Leth
BoardKarin Madeleine Arnstedt
BoardJens Hargaard
BoardMarten Thorhauge
BoardBenny Sørensen
BoardJohn Ove Østergaard Frandsen
BoardOle Campbell Mortensen
BoardBrian Kristensen
BoardLis Hammer
BoardJørn Nielsen
BoardJes Jørgensen
BoardBente Østergaard Nielsen
BoardTine Klitgaard Nielsen
BoardJørgen Østerheden
BoardJørgen Østerheden
BoardBernt Erik Seve Nilsson
BoardArne Johannes Juul Jensen
BoardMaibritt Jensenius Jensen
BoardAnnalise Christensen
BoardBettina Hansen
BoardStig Goran Nordin
BoardChristian Dyrvig Toft
BoardLars Goran Oskar Angesten
BoardChrister Robert Oskarsson Simrén
BoardTorben Brunhøj Andersen
BoardJohn Vigound Carlund
BoardPeter Joseph Buckley
BoardKarsten Hüche
BoardJohn Ørbech Pedersen
BoardKenn Leslie Hansen
BoardHenning Sloth
BoardHenning Sloth
BoardVasily Preminin
BoardOle Campbell Mortensen
BoardHanne Vejby Hadenfeldt
BoardNiels Møller Mortensen
BoardEigil Kaasgaard
BoardHubertus Cornelis Marie Verheijden
BoardRuth Solveig Christensen
BoardRuth Solveig Christensen
BoardStanislav Krivopusko
BoardArthur Klaos
BoardMaxim Pisarev
BoardEvgeny Khripach
BoardClaus Bønlykke
BoardLajla Elisabeth Henriksen
BoardLone Kjær
BoardEigil Kaasgaard
BoardMikhail Kotliakov
BoardArtem Maslov
BoardOle Campbell Mortensen
BoardKenneth Ødgaard Andersen
BoardKirill Kasterin
BoardKenneth Ødgaard Andersen
BoardKieran Horlacher
Owner (100%)Advanced Industries Packaging LimitedCurrent
Owner (100%)Advanced Industries Packaging Sweden AB
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorØSTERGAARD & KOCH. STATSAUTORISERET REVISIONSAKTIESELSKAB AALBORG
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorKnud Bjerregaard Madsen
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKpmg C Jespersen
AuditorERNST & YOUNG DENMARK P/S
AuditorERNST & YOUNG DENMARK P/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Arne Johannes Juul Jensen – 27 other companies, of which 8 bankrupt

Børge Sand Kirk – 2 other companies

Niels Ole Pedersen – 3 other companies

Jørgen Sørensen – 1 other companies

Jørgen Østerheden – 7 other companies, of which 1 bankrupt

Niels Møller Mortensen – 4 other companies

Address history (1 moves)

Stigsborgvej 36, 9400 Nørresundby
Stigsborgvej 36, 9400 Nørresundby

Former names

Advanced Industries Packaging A/S – now
SEGEZHA PACKAGING A/S –
KORSNÄS PACKAGING A/S –
KORSNÄS BATES A/S –
BATES KORSNAS A/S –
BATES EMBALLAGE A/S –
DAC-EMBALLAGE A/S –
DAC-DATA A/S –

Employees per year

Number of employees at Advanced Industries Packaging A/S per year681362011: 13620112012: 13220122013: 12220132014: 11420142015: 11020152016: 11820162017: 12920172018: 1242018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Advanced Industries Packaging A/S

Has Advanced Industries Packaging A/S gone bankrupt?

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

What is the bankruptcy risk of Advanced Industries Packaging A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of Advanced Industries Packaging A/S?

Advanced Industries Packaging A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was Advanced Industries Packaging A/S founded?

Advanced Industries Packaging A/S was founded on 26 February 1971.

What is the equity of Advanced Industries Packaging A/S?

Equity was DKK 113.1m 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.