CODAN RUBBER A/S

CVR 32645275 · Public limited company (A/S) · Active · Low risk

CODAN RUBBER A/S is a Public limited company (A/S), founded on , based in Køge. The company is registered in the industry engroshandel med andre råvarer og halvfabrikata. 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. The latest annual report (31 Dec 2025) shows equity of DKK 30.6m and a net result of DKK 4.8m.

Bankruptcy risk for CODAN RUBBER 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 CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · 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
32645275
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Værkstedsvej 45
4600 Køge
Municipality
Køge
Industry
Engroshandel med andre råvarer og halvfabrikata (468600)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.0m
Employees
16 (2018)
Auditor
ADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio59.6%
Current ratio236%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 20.3mDKK 21.1m
Net profitDKK 4.8mDKK 6.2m
EquityDKK 30.6mDKK 30.2m
Total assetsDKK 51.4mDKK 54.2m
CashDKK 11.8m–
Short-term debtDKK 20.7m–
Avg. employees19–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Addere Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202590
1 Jan 2024 – 31 Dec 202499
1 Jan 2023 – 31 Dec 2023113
1 Jan 2022 – 31 Dec 2022101
1 Jan 2021 – 31 Dec 2021123
1 Jan 2020 – 31 Dec 2020137
1 Jan 2019 – 31 Dec 2019156
1 Jan 2018 – 31 Dec 2018107
1 Jan 2017 – 31 Dec 2017106
1 Jan 2016 – 31 Dec 201687
1 Jan 2015 – 31 Dec 201576
1 Jan 2014 – 31 Dec 201482
1 Jan 2013 – 31 Dec 201383
1 Jan 2012 – 31 Dec 201264
1 Jan 2011 – 31 Dec 201161
1 Dec 2009 – 31 Dec 2010131

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
CEOTina Engelmann Burild
BoardHans AndersenCurrent
BoardJeppe NørregaardCurrent
BoardTina Engelmann BurildCurrent
Owner (33%)BURILD HOLDING ApSCurrent
Owner (50%)SAND ANDERSEN HOLDING ApSCurrent
AuditorADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPARTNERSELSKABET AF 1. JULI 2012
FounderBURILD HOLDING ApSCurrent
FounderSAND ANDERSEN HOLDING ApSCurrent

The CEOs' other companies

Tina Engelmann Burild – 5 other companies, of which 1 bankrupt

Address history (2 moves)

Værkstedsvej 45, 4600 Køge
Værkstedsvej 45, 4600 Køge
Valdemarshaab 1, 4600 Køge

Former names

CODAN RUBBER A/S – now
CODAN RUBBER DANMARK A/S –
CODAN RUBBER DANMARK ApS –

Employees per year

Number of employees at CODAN RUBBER A/S per year8162011: 920112012: 920122013: 1120132014: 1120142015: 1220152016: 1520162017: 1420172018: 162018

Other companies at the same address

Similar companies in Køge

Questions and answers about CODAN RUBBER A/S

Has CODAN RUBBER A/S gone bankrupt?

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

What is the bankruptcy risk of CODAN RUBBER 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 CODAN RUBBER A/S?

CODAN RUBBER A/S most recently used ADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was CODAN RUBBER A/S founded?

CODAN RUBBER A/S was founded on 1 December 2009.

What is the equity of CODAN RUBBER A/S?

Equity was DKK 30.6m 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.