AO Workwear A/S

CVR 32151922 · Public limited company (A/S) · Active · Low risk

AO Workwear A/S is a Public limited company (A/S), founded on , based in Spjald. The company is registered in the industry levering af kombinerede hjælpetjenester i forbindelse med drift af fast ejendom. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 17 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 79.2m and a net result of DKK 32.2m. CEO: Anders Hedeholm Lindhardsen, Michael Bjerre Drost.

Bankruptcy risk for AO Workwear A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · 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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
32151922
Status
Active
Company type
Public limited company (A/S)
Founded
(17 years)
Address
Ølstrupvej 2A
6971 Spjald
Municipality
Ringkøbing-Skjern
Industry
Levering af kombinerede hjælpetjenester i forbindelse med drift af fast ejendom (811000)
Bankruptcies in the industry: Almindelig rengøring i bygninger
Share capital
DKK 400k
Employees
43 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio42.7%
Current ratio170%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 95.3mDKK 64.6m
Net profitDKK 32.2mDKK 9.1m
EquityDKK 79.2mDKK 47.1m
Total assetsDKK 185.4mDKK 137.8m
CashDKK 3.7m–
Short-term debtDKK 70.7m–
Avg. employees87–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202584
1 Jan 2024 – 31 Dec 2024150
1 Jan 2023 – 31 Dec 202358
1 Jan 2022 – 31 Dec 202283
1 Jan 2021 – 31 Dec 2021123
1 Jan 2020 – 31 Dec 202070
1 Jan 2019 – 31 Dec 201952
1 Jan 2018 – 31 Dec 201896
1 Jan 2017 – 31 Dec 201779
1 Jan 2016 – 31 Dec 2016109
1 Jan 2015 – 31 Dec 201597
1 Jan 2014 – 31 Dec 2014142
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012163
1 Jan 2011 – 31 Dec 2011128
1 Jan 2010 – 31 Dec 2010160
15 May 2009 – 31 Dec 200968

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
CEOAnders Hedeholm LindhardsenCurrent
CEOMichael Bjerre DrostCurrent
CEOTommy Søndergaard
BoardPer ToelstangCurrent
BoardLili JohansenCurrent
BoardNiels Axel JohansenCurrent
BoardStefan Funch JensenCurrent
BoardTommy Søndergaard
BoardMichael Ejby Bjørnvig
BoardAnders Hedeholm Lindhardsen
BoardMichael Ejby Bjørnvig
BoardAnders Hedeholm Lindhardsen
BoardTommy Søndergaard
BoardAnders Hedeholm Lindhardsen
BoardIvan Jæger Christiansen
BoardAnja Bisgaard Gaede
Owner (100%)BRØDRENE A. & O. JOHANSEN A/SCurrent
Owner (100%)Hovbakken ApS
Owner (100%)TSAL Holding ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderHovbakken ApSCurrent

The CEOs' other companies

Anders Hedeholm Lindhardsen – 15 other companies, of which 1 bankrupt

Michael Bjerre Drost – 9 other companies

Tommy Søndergaard – 8 other companies, of which 1 bankrupt

Address history (2 moves)

Ølstrupvej 2A, 6971 Spjald
Ølstrupvej 2A, 6971 Spjald
Kildsigvej 12, 6971 Spjald

Former names

AO Workwear A/S – now
Workwear Group ApS –
DK MULTI-WEAR ApS –
TKS TEKNIK ApS –

Employees per year

Number of employees at AO Workwear A/S per year22432011: 320112012: 620122013: 920132014: 1220142015: 1920152016: 2520162017: 3620172018: 432018

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about AO Workwear A/S

Has AO Workwear A/S gone bankrupt?

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

What is the bankruptcy risk of AO Workwear A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of AO Workwear A/S?

Anders Hedeholm Lindhardsen, Michael Bjerre Drost are the CEOs of AO Workwear A/S.

Who is the auditor of AO Workwear A/S?

AO Workwear A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was AO Workwear A/S founded?

AO Workwear A/S was founded on 15 May 2009.

What is the equity of AO Workwear A/S?

Equity was DKK 79.2m 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.