RADO THERMOGLAS ApS

CVR 31894735 · Private limited company (ApS) · Active · Low risk

RADO THERMOGLAS ApS is a Private limited company (ApS), founded on , based in Randers SØ. The company is registered in the industry formning og forarbejdning af planglas. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 17 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 154k and a net result of DKK -6,188. CEO: Henning Kristensen.

Bankruptcy risk for RADO THERMOGLAS ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
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

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
31894735
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Fuglebakken 20
8960 Randers SØ
Municipality
Randers
Industry
Formning og forarbejdning af planglas (231200)
Bankruptcies in the industry: Fremstilling af byggematerialer af beton
Share capital
DKK 500k
Employees
0 (2011)
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio95.6%
Current ratio2,297%
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
RevenueDKK 0DKK 0
Gross profitDKK -6,188DKK -5,000
Net profitDKK -6,188DKK -3,900
EquityDKK 154kDKK 160k
Total assetsDKK 161kDKK 167k
Short-term debtDKK 7,000–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025108
1 Jul 2023 – 30 Jun 2024157
1 Jul 2022 – 30 Jun 2023164
1 Jul 2021 – 30 Jun 2022146
1 Jul 2020 – 30 Jun 2021153
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019100
1 Jul 2017 – 30 Jun 2018145
1 Jul 2016 – 30 Jun 2017145
1 Jul 2015 – 30 Jun 2016154
1 Jul 2014 – 30 Jun 2015132
1 Jul 2013 – 30 Jun 2014143
1 Jul 2012 – 30 Jun 201373
1 Jul 2011 – 30 Jun 2012128
1 Jul 2010 – 30 Jun 2011153
1 Jul 2009 – 30 Jun 2010154
1 Jul 2008 – 30 Jun 2009156

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
CEOHenning KristensenCurrent
BoardHenning Kristensen
BoardPoul Hartmann
BoardJette Lilian Kristensen
Owner (100%)RADO HOLDING 2008 ApSCurrent
AuditorJ.C. Nørgaard / Dansk Revision I/S
FounderRADO HOLDING 2008 ApSCurrent

The CEOs' other companies

Henning Kristensen – 9 other companies

Address history (1 moves)

Fuglebakken 20, 8960 Randers SØ
Ebeltoftvej 5, 8960 Randers SØ

Former names

RADO THERMOGLAS ApS – now
RADO THERMOGLAS A/S –

Employees per year

Number of employees at RADO THERMOGLAS ApS per year482009: 820092011: 02011

Other companies at the same address

Similar companies in Randers

Questions and answers about RADO THERMOGLAS ApS

Has RADO THERMOGLAS ApS gone bankrupt?

No, RADO THERMOGLAS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of RADO THERMOGLAS ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of RADO THERMOGLAS ApS?

Henning Kristensen is the CEO of RADO THERMOGLAS ApS.

Who is the auditor of RADO THERMOGLAS ApS?

RADO THERMOGLAS ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was RADO THERMOGLAS ApS founded?

RADO THERMOGLAS ApS was founded on 29 December 2008.

What is the equity of RADO THERMOGLAS ApS?

Equity was DKK 154k 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.