TERN SKAGEN MANAGEMENT A/S

CVR 32438466 · Public limited company (A/S) · Active · Medium risk

TERN SKAGEN MANAGEMENT A/S is a Public limited company (A/S), founded on , based in Skagen. The company is registered in the industry serviceydelser i forbindelse med logistik. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Aug 2025) shows equity of DKK 504k and a net result of DKK 20k. CEO: Jens Pedersen Buchhave.

Bankruptcy risk for TERN SKAGEN MANAGEMENT A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · 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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×

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
32438466
Status
Active
Company type
Public limited company (A/S)
Founded
(17 years)
Address
c/o Terntank Rederi A/S, Vestre Strandvej 10
9990 Skagen
Municipality
Frederikshavn
Industry
Serviceydelser i forbindelse med logistik (522500)
Bankruptcies in the industry: Speditører
Share capital
DKK 500k
Employees
195 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio37.4%
Current ratio103%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 10.6mDKK 9.9m
Gross profitDKK 10.6mDKK 10.0m
Net profitDKK 20kDKK 28k
EquityDKK 504kDKK 483k
Total assetsDKK 1.3mDKK 1.2m
CashDKK 31k–
Short-term debtDKK 842k–
Tax owedDKK 14k–
Avg. employees162–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Sep 2024 – 31 Aug 2025100
1 Sep 2023 – 31 Aug 202496
1 Sep 2022 – 31 Aug 2023110
1 Sep 2021 – 31 Aug 202293
1 Sep 2020 – 31 Aug 202190
1 Sep 2019 – 31 Aug 202091
1 Sep 2018 – 31 Aug 2019101
1 Sep 2017 – 31 Aug 2018105
1 Sep 2016 – 31 Aug 201774
1 Sep 2015 – 31 Aug 201697
1 Sep 2014 – 31 Aug 2015101
1 Sep 2013 – 31 Aug 201487
1 Sep 2012 – 31 Aug 201396
1 Sep 2011 – 31 Aug 201286
1 Sep 2010 – 31 Aug 201178
30 Jul 2009 – 31 Aug 201086

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
CEOJens Pedersen BuchhaveCurrent
CEOJack Sture Olle Kristensson
CEOAnn Gunnel Carina Olofsson
CEODick Anders Höglund
BoardThomas Wilkens AndersenCurrent
BoardArne Tryggve MöllerCurrent
BoardJens Pedersen BuchhaveCurrent
BoardTor Håkon Wergeland
BoardJack Sture Olle Kristensson
BoardAnn Gunnel Carina Olofsson
BoardSteen Frydkjær Andersen
Owner (100%)TERNTANK REDERI A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderTärntank Rederi AktiebolagCurrent

The CEOs' other companies

Jens Pedersen Buchhave – 18 other companies, of which 1 bankrupt

Jack Sture Olle Kristensson – 1 other companies

Ann Gunnel Carina Olofsson – 2 other companies

Dick Anders Höglund – 2 other companies

Address history (1 moves)

c/o Terntank Rederi A/S, Vestre Strandvej 10, 9990 Skagen
c/o Tärntank Rederi Aktiebolag, Vestre Strandvej 10, 9990 Skagen

Employees per year

Number of employees at TERN SKAGEN MANAGEMENT A/S per year1082162009: 020092012: 020122013: 6420132014: 15420142015: 17120152016: 19620162017: 21620172018: 1952018

Other companies at the same address

Similar companies in Frederikshavn

Questions and answers about TERN SKAGEN MANAGEMENT A/S

Has TERN SKAGEN MANAGEMENT A/S gone bankrupt?

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

What is the bankruptcy risk of TERN SKAGEN MANAGEMENT A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of TERN SKAGEN MANAGEMENT A/S?

Jens Pedersen Buchhave is the CEO of TERN SKAGEN MANAGEMENT A/S.

Who is the auditor of TERN SKAGEN MANAGEMENT A/S?

TERN SKAGEN MANAGEMENT A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TERN SKAGEN MANAGEMENT A/S founded?

TERN SKAGEN MANAGEMENT A/S was founded on 30 July 2009.

What is the equity of TERN SKAGEN MANAGEMENT A/S?

Equity was DKK 504k according to the annual report for the period ending 31 August 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.