ARMACOAT A/S

CVR 32646433 · Public limited company (A/S) · Active · High risk

ARMACOAT A/S is a Public limited company (A/S), founded on , based in Grindsted. The company is registered in the industry overfladebehandling af metal. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 4.1m and a net result of DKK -1.2m.

Bankruptcy risk for ARMACOAT A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
32646433
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Huginsvej 4
7200 Grindsted
Municipality
Billund
Industry
Overfladebehandling af metal (255100)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 500k
Employees
12 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio28.6%
Current ratio25%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 6.0mDKK 7.5m
Net profitDKK -1.2mDKK -141k
EquityDKK 4.1mDKK 5.3m
Total assetsDKK 14.2mDKK 15.1m
CashDKK 13k–
Short-term debtDKK 9.2m–
Avg. employees13–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022177
1 Nov 2020 – 31 Oct 202193
1 Nov 2019 – 31 Oct 202082
1 Nov 2018 – 31 Oct 2019123
1 Nov 2017 – 31 Oct 2018110
1 Nov 2016 – 31 Oct 201798
1 Nov 2015 – 31 Oct 201698
1 Nov 2014 – 31 Oct 201586
1 Nov 2013 – 31 Oct 201481
1 Nov 2012 – 31 Oct 201351
1 Nov 2011 – 31 Oct 201272
1 Nov 2010 – 31 Oct 201180
2 Dec 2009 – 31 Oct 2010101

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
CEOJohn Allan Hansen
CEOMads Kristian Kongshaug
BoardHenrik Haahr HansenCurrent
BoardHenrik MøllerCurrent
BoardUlrik Dremstrup HansenCurrent
BoardTorben Buhl
BoardJohn Allan Hansen
BoardBørge Christensen
BoardRikke Kirkegaard
BoardMads Kristian Kongshaug
BoardTorben Buhl
BoardBørge Christensen
BoardKaj Ørndrup Nielsen
Owner (100%)GRUNDFOS WATER TREATMENT DENMARK A/SCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderGRUNDFOS WATER TREATMENT DENMARK A/SCurrent

The CEOs' other companies

John Allan Hansen – 3 other companies, of which 1 bankrupt

Mads Kristian Kongshaug – 1 other companies, of which 1 bankrupt

Address history (0 moves)

Huginsvej 4, 7200 Grindsted

Former names

ARMACOAT A/S – now
TAOCAMRA A/S –

Employees per year

Number of employees at ARMACOAT A/S per year8162011: 1220112012: 1420122013: 1520132014: 1420142015: 1620152016: 1320162017: 1320172018: 122018

Other companies at the same address

Similar companies in Billund

Questions and answers about ARMACOAT A/S

Has ARMACOAT A/S gone bankrupt?

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

What is the bankruptcy risk of ARMACOAT A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the auditor of ARMACOAT A/S?

ARMACOAT A/S most recently used EY Godkendt Revisionspartnerselskab.

When was ARMACOAT A/S founded?

ARMACOAT A/S was founded on 2 December 2009.

What is the equity of ARMACOAT A/S?

Equity was DKK 4.1m 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.