VITTRUP TRÆEMB. & TRANSPORT A/S

CVR 32300898 · Public limited company (A/S) · Active · Low risk

VITTRUP TRÆEMB. & TRANSPORT A/S is a Public limited company (A/S), founded on , based in Farsø. The company is registered in the industry fremstilling af træemballage. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 16 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.1m and a net result of DKK -18k. CEO: Kurt Vittrup.

Bankruptcy risk for VITTRUP TRÆEMB. & TRANSPORT A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
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×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%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×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
32300898
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Strandparken 2
9640 Farsø
Municipality
Vesthimmerlands
Industry
Fremstilling af træemballage (162400)
Bankruptcies in the industry: Fremstilling af bygningstømmer og snedkeriartikler i øvrigt
Share capital
DKK 500k
Employees
2 (2018)
Auditor
Velas I/S
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 16
Missing annual reportNo
Negative equityNo
Equity ratio65.9%
Current ratio55%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 711kDKK 971kDKK 676k
Net profitDKK -18kDKK 375kDKK 80k
EquityDKK 2.1mDKK 2.1mDKK 1.8m
Total assetsDKK 3.1mDKK 2.4mDKK 2.3m
CashDKK 308kDKK 655k–
Short-term debtDKK 980kDKK 216k–
Avg. employees21–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Velas I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202578
1 Jan 2024 – 31 Dec 202491
1 Jan 2023 – 31 Dec 2023129
1 Jan 2022 – 31 Dec 2022157
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019158
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017121
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 201579
1 Jan 2014 – 31 Dec 2014184 Late
1 Jan 2013 – 31 Dec 2013157
1 Jan 2012 – 31 Dec 2012176
1 Jan 2011 – 31 Dec 2011164
29 Mar 2010 – 31 Dec 2010167

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
CEOKurt VittrupCurrent
BoardKurt VittrupCurrent
BoardLioudmila Petrovna VittrupCurrent
BoardElena VittrupCurrent
Owner (100%)Kurt VittrupCurrent
FounderKurt VittrupCurrent

Address history (0 moves)

Strandparken 2, 9640 Farsø

Employees per year

Number of employees at VITTRUP TRÆEMB. & TRANSPORT A/S per year122011: 220112012: 220122013: 120132014: 020142015: 220152016: 220162017: 220172018: 22018

Questions and answers about VITTRUP TRÆEMB. & TRANSPORT A/S

Has VITTRUP TRÆEMB. & TRANSPORT A/S gone bankrupt?

No, VITTRUP TRÆEMB. & TRANSPORT A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of VITTRUP TRÆEMB. & TRANSPORT 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 CEO of VITTRUP TRÆEMB. & TRANSPORT A/S?

Kurt Vittrup is the CEO of VITTRUP TRÆEMB. & TRANSPORT A/S.

Who is the auditor of VITTRUP TRÆEMB. & TRANSPORT A/S?

VITTRUP TRÆEMB. & TRANSPORT A/S most recently used Velas I/S.

When was VITTRUP TRÆEMB. & TRANSPORT A/S founded?

VITTRUP TRÆEMB. & TRANSPORT A/S was founded on 29 March 2010.

What is the equity of VITTRUP TRÆEMB. & TRANSPORT A/S?

Equity was DKK 2.1m 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.