CUBEIT A/S

CVR 31871999 · Public limited company (A/S) · Active · Low risk

CUBEIT A/S is a Public limited company (A/S), founded on , based in Middelfart. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 18 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 505k and a net result of DKK -65k.

Bankruptcy risk for CUBEIT A/S

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
31871999
Status
Active
Company type
Public limited company (A/S)
Founded
(17 years)
Address
Ulvsbjergvej 20
5500 Middelfart
Municipality
Middelfart
Industry
Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 18
Missing annual reportNo
Negative equityNo
Equity ratio24.3%
Current ratio8%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 24kDKK 99kDKK 59k
Net profitDKK -65kDKK -7,235DKK -39k
EquityDKK 505kDKK 570kDKK 577k
Total assetsDKK 2.1mDKK 2.2mDKK 2.2m
CashDKK 3,948DKK 8,657–
Short-term debtDKK 963kDKK 916k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025167
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020154
1 Jan 2019 – 31 Dec 2019171
1 Jan 2018 – 31 Dec 2018169
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 2016142
1 Jan 2015 – 31 Dec 2015167
1 Jan 2014 – 31 Dec 2014142
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012161
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010102
1 Jan 2009 – 31 Dec 2009158
26 Nov 2008 – 31 Dec 2008162

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
BoardGlenn Brian TeuchlerCurrent
BoardAnnette Julie AagårdCurrent
BoardEckhard TeuchlerCurrent
Owner (50%)Glenn Brian TeuchlerCurrent
Owner (50%)Annette Julie AagårdCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderGlenn Brian TeuchlerCurrent
FounderAnnette Julie AagårdCurrent

Address history (0 moves)

Ulvsbjergvej 20, 5500 Middelfart

Former names

CUBEIT A/S – now
CUBEIT HOLDING A/S –

Other companies at the same address

Similar companies in Middelfart

Questions and answers about CUBEIT A/S

Has CUBEIT A/S gone bankrupt?

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

What is the bankruptcy risk of CUBEIT A/S?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

When was CUBEIT A/S founded?

CUBEIT A/S was founded on 26 November 2008.

What is the equity of CUBEIT A/S?

Equity was DKK 505k 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.