FYNSKE FARVER A/S

CVR 32647693 · Public limited company (A/S) · Active · Low risk

FYNSKE FARVER A/S is a Public limited company (A/S), founded on , based in Svendborg. The company is registered in the industry maleraktiviteter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 3.9m and a net result of DKK 998k. CEO: Morten Raft.

Bankruptcy risk for FYNSKE FARVER A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
32647693
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Havnegade 2
5700 Svendborg
Municipality
Svendborg
Industry
Maleraktiviteter (433410)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
32 (2018)
Auditor
N.G. CHRISTENSEN STATSAUTORISERET REVISIONSANPARTSSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio39.2%
Current ratio207%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 14.9mDKK 16.1m
Net profitDKK 998kDKK 410k
EquityDKK 3.9mDKK 2.9m
Total assetsDKK 9.8mDKK 9.0m
CashDKK 2.1m–
Short-term debtDKK 3.1m–
Avg. employees28–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · N.G. CHRISTENSEN Statsautoriseret Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202578
1 Jan 2024 – 31 Dec 2024114
1 Jan 2023 – 31 Dec 202381
1 Jan 2022 – 31 Dec 202283
1 Jan 2021 – 31 Dec 202183
1 Jan 2020 – 31 Dec 202084
1 Jan 2019 – 31 Dec 2019106
1 Jan 2018 – 31 Dec 201881
1 Jan 2017 – 31 Dec 201794
1 Jan 2016 – 31 Dec 201690
1 Jan 2015 – 31 Dec 201578
1 Jan 2014 – 31 Dec 2014121
1 Jan 2013 – 31 Dec 201395
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011161
25 Nov 2009 – 31 Dec 2010164

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
CEOMorten RaftCurrent
BoardNils KnudsenCurrent
BoardMorten RaftCurrent
BoardSabrina RaftCurrent
BoardOle Billum Jensen
Owner (100%)RAFT HOLDING ApSCurrent
Owner (50%)OLE BILLUM-JENSEN HOLDING ApS
Owner (33%)RAFT HOLDING ApS
Owner (50%)RAFT HOLDING ApS
Owner (33%)OLE BILLUM-JENSEN HOLDING ApS
Owner (50%)RAFT HOLDING ApS
Owner (25%)OLE BILLUM-JENSEN HOLDING ApS
Owner (67%)RAFT HOLDING ApS
Owner (20%)OLE BILLUM-JENSEN HOLDING ApS
Owner (10%)OLE BILLUM-JENSEN HOLDING ApS
Owner (90%)RAFT HOLDING ApS
AuditorN.G. CHRISTENSEN STATSAUTORISERET REVISIONSANPARTSSELSKABCurrent
AuditorREVISIONFIRMAET ERIK REINSBORG REGISTRERET REVISIONSANPARTSSELSKAB
AuditorDANSK REVISION SVENDBORG STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderOLE BILLUM-JENSEN HOLDING ApSCurrent
FounderRAFT HOLDING ApSCurrent

The CEOs' other companies

Morten Raft – 6 other companies, of which 2 bankrupt

Address history (1 moves)

Havnegade 2, 5700 Svendborg
Havnegade 2, 5700 Svendborg

Former names

FYNSKE FARVER A/S – now
FYNSKE FARVER 2009 A/S –

Employees per year

Number of employees at FYNSKE FARVER A/S per year18362011: 3620112012: 2320122013: 3320132014: 2420142015: 2920152016: 2720162017: 3020172018: 322018

Other companies at the same address

Similar companies in Svendborg

Questions and answers about FYNSKE FARVER A/S

Has FYNSKE FARVER A/S gone bankrupt?

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

What is the bankruptcy risk of FYNSKE FARVER A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of FYNSKE FARVER A/S?

Morten Raft is the CEO of FYNSKE FARVER A/S.

Who is the auditor of FYNSKE FARVER A/S?

FYNSKE FARVER A/S most recently used N.G. CHRISTENSEN STATSAUTORISERET REVISIONSANPARTSSELSKAB.

When was FYNSKE FARVER A/S founded?

FYNSKE FARVER A/S was founded on 25 November 2009.

What is the equity of FYNSKE FARVER A/S?

Equity was DKK 3.9m 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.