Palcut A/S
CVR 32283071 · Public limited company (A/S) · Active · Low risk
Palcut A/S is a Public limited company (A/S), founded on , based in Holstebro. The company is registered in the industry fremstilling af papir og pap. Our model estimates a bankruptcy risk of 0.1% 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 (31 Dec 2025) shows equity of DKK 24.7m and a net result of DKK 9.7m.
Bankruptcy risk for Palcut A/S
0.1 × the average (1.41%) · higher risk than 38% of active Danish companies
Increases the risk
Reduces the risk
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
- 32283071
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (17 years)
- Address
- Hedegårdvej 13
7500 Holstebro - Municipality
- Holstebro
- Industry
- Fremstilling af papir og pap (171200)
Bankruptcies in the industry: Fremstilling af bølgepap og pap og emballage af papir og pap - Share capital
- DKK 600k
- Employees
- 17 (2018)
- Auditor
- Krøyer Pedersen Statsautoriserede Revisorer P/S
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 17 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 30.9% |
| Current ratio | 118% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 7 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 30.4m | DKK 29.7m | DKK 31.0m |
| Net profit | DKK 9.7m | DKK 8.9m | DKK 9.1m |
| Equity | DKK 24.7m | DKK 22.9m | DKK 22.8m |
| Total assets | DKK 79.7m | DKK 53.8m | DKK 52.3m |
| Cash | DKK 5,586 | DKK 367k | – |
| Short-term debt | DKK 34.2m | DKK 27.6m | – |
| Avg. employees | 30 | 34 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · KRØYER PEDERSEN, Statsautoriserede Revisorer P/S.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 54 | ||
| 1 Jan 2024 – 31 Dec 2024 | 104 | ||
| 1 Jan 2023 – 31 Dec 2023 | 107 | ||
| 1 Jan 2022 – 31 Dec 2022 | 86 | ||
| 1 Jan 2021 – 31 Dec 2021 | 63 | ||
| 1 Jan 2020 – 31 Dec 2020 | 176 | ||
| 1 Jan 2019 – 31 Dec 2019 | 91 | ||
| 1 Jan 2018 – 31 Dec 2018 | 176 | ||
| 1 Jan 2017 – 31 Dec 2017 | 149 | ||
| 1 Jan 2016 – 31 Dec 2016 | 135 | ||
| 1 Jan 2015 – 31 Dec 2015 | 78 | ||
| 1 Jan 2014 – 31 Dec 2014 | 128 | ||
| 1 Jan 2013 – 31 Dec 2013 | 126 | ||
| 1 Jan 2012 – 31 Dec 2012 | 136 | ||
| 1 Jan 2011 – 31 Dec 2011 | 106 | ||
| 1 Jan 2010 – 31 Dec 2010 | 173 | ||
| 25 Jun 2009 – 31 Dec 2009 | 154 |
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
| Role | Name | From | To |
|---|---|---|---|
| Board | Josefine Frederikke Mundrup Ive | Current | |
| Board | Henrik Broksø Thulesen | Current | |
| Board | Sebastian Folden Noesgaard | Current | |
| Board | Preben Lindbjerg Mehlsen | ||
| Board | Jens Hedegaard | ||
| Board | Henrik Broksø Thulesen | ||
| Board | Lars Christiansen | ||
| Board | Lars Buhl | ||
| Board | Mona Majgaard | ||
| Board | Peter Falkenham | ||
| Board | Anders Christen Obel | ||
| Board | Lars Blavnsfeldt | ||
| Board | Thomas Holm Jensen | ||
| Board | Henrik Broksø Thulesen | ||
| Board | Thomas Holm Jensen | ||
| Board | Joan Thorsted Thulesen | ||
| Board | Mads Nørgaard | ||
| Board | Thomas Thulesen | ||
| Board | Thomas Holm Jensen | ||
| Owner (100%) | Kilsmark A/S | Current | |
| Owner (100%) | MINKPAPIR A/S | ||
| Auditor | Krøyer Pedersen Statsautoriserede Revisorer P/S | Current | |
| Auditor | KPSR I/S | ||
| Founder | Henrik Broksø Thulesen | Current | |
| Founder | SØNDERMARK HOLDING ApS | Current | |
| Founder | C.W. OBEL A/S | Current | |
| Founder | INDUSTRI UDVIKLING II K/S | Current |
Address history (0 moves)
| Hedegårdvej 13, 7500 Holstebro |
Former names
| Palcut A/S | – now |
| PAL-CUT A/S | – |
Employees per year
Other companies at the same address
- DMP PARTNERS A/S Opløst
- DMP UDLEJNING A/S Fusioneret
- FIX-ID A/S Fusioneret
- Kilsmark A/S Active
- MINKPAPIR A/S Active
- SCANDI-PAPIR ApS Opløst
- Safe Load A/S Opløst
Questions and answers about Palcut A/S
Has Palcut A/S gone bankrupt?
No, Palcut A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Palcut A/S?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.
Who is the auditor of Palcut A/S?
Palcut A/S most recently used Krøyer Pedersen Statsautoriserede Revisorer P/S.
When was Palcut A/S founded?
Palcut A/S was founded on 25 June 2009.
What is the equity of Palcut A/S?
Equity was DKK 24.7m 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.