FRICHS ENERGY A/S

CVR 31598699 · Public limited company (A/S) · Active · Low risk

FRICHS ENERGY A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry reparation og vedligeholdelse af maskiner. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 17 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 2.0m and a net result of DKK 56k. CEO: Palle Andersen.

Bankruptcy risk for FRICHS ENERGY A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×

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
31598699
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
Sverigesvej 14
8700 Horsens
Municipality
Horsens
Industry
Reparation og vedligeholdelse af maskiner (331200)
Bankruptcies in the industry: Reparation af maskiner
Share capital
DKK 400k
Employees
0 (2016)
Auditor
Leif Mikkelsen & Partnere A/S
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 17
Missing annual reportNo
Negative equityNo
Equity ratio88.9%
Current ratio1,073%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.6mDKK 2.3m
Net profitDKK 56kDKK 844k
EquityDKK 2.0mDKK 2.2m
Total assetsDKK 2.3mDKK 2.6m
CashDKK 972k–
Short-term debtDKK 209k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Leif Mikkelsen & Partnere A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025135
1 Jan 2024 – 31 Dec 2024125
1 Jan 2023 – 31 Dec 202359
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019260 Late
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 2017165
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 2015168
1 Jan 2014 – 31 Dec 2014182
1 Jan 2013 – 31 Dec 2013170
1 Jan 2012 – 31 Dec 2012165
1 Jan 2011 – 31 Dec 2011183
1 Jan 2010 – 31 Dec 2010167
7 Jul 2008 – 31 Dec 2009161

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
CEOPalle AndersenCurrent
CEOOve Kudahl Munch
CEOTore Kjærgaard Munch
BoardPalle AndersenCurrent
BoardOve Kudahl MunchCurrent
BoardTore Kjærgaard MunchCurrent
BoardMogens Christian Enevoldsen
BoardMichael Pedersen
BoardTore Kjærgaard Munch
BoardOve Kudahl Munch
BoardPalle Andersen
BoardAbdiarti Puji Andersen
Owner (50%)SCAN TRONIC ApSCurrent
Owner (15%)KWASI INVEST ApSCurrent
Owner (25%)Unidura Assets ApSCurrent
Owner (20%)Palle Andersen
Owner (50%)Ove Kudahl Munch
Owner (25%)Tore Kjærgaard Munch
Owner (25%)KWASI INVEST ApS
Owner (20%)Palle Andersen
Owner (20%)Unidura Assets ApS
AuditorLEIF MIKKELSEN & PARTNERE A/S
AuditorLEIF MIKKELSEN & PARTNERE A/S
FounderMogens Christian EnevoldsenCurrent
FounderMichael PedersenCurrent
FounderTore Kjærgaard MunchCurrent
FounderSCAN TRONIC ApSCurrent
FounderFRICHS HOLDING A/SCurrent

The CEOs' other companies

Palle Andersen – 6 other companies

Ove Kudahl Munch – 14 other companies, of which 2 bankrupt

Tore Kjærgaard Munch – 5 other companies, of which 1 bankrupt

Address history (1 moves)

Sverigesvej 14, 8700 Horsens
Sverigesvej 16, 8700 Horsens

Former names

FRICHS ENERGY A/S – now
FRICHS ENERGY ApS –
POWERTECH INTERNATIONAL ApS –

Employees per year

Number of employees at FRICHS ENERGY A/S per year112014: 120142015: 020152016: 02016

Other companies at the same address

Similar companies in Horsens

Questions and answers about FRICHS ENERGY A/S

Has FRICHS ENERGY A/S gone bankrupt?

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

What is the bankruptcy risk of FRICHS ENERGY 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 CEO of FRICHS ENERGY A/S?

Palle Andersen is the CEO of FRICHS ENERGY A/S.

Who is the auditor of FRICHS ENERGY A/S?

FRICHS ENERGY A/S most recently used Leif Mikkelsen & Partnere A/S.

When was FRICHS ENERGY A/S founded?

FRICHS ENERGY A/S was founded on 7 July 2008.

What is the equity of FRICHS ENERGY A/S?

Equity was DKK 2.0m 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.