JO HYDRAULICS A/S

CVR 32946127 · Public limited company (A/S) · Active · Low risk

JO HYDRAULICS A/S is a Public limited company (A/S), founded on , based in Skanderborg. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 15 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 11.0m and a net result of DKK 2.7m.

Bankruptcy risk for JO HYDRAULICS A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
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
32946127
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Virringvej 74
8660 Skanderborg
Municipality
Skanderborg
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 506k
Employees
13 (2018)
Auditor
Advosion, Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio48.2%
Current ratio195%
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 18.8mDKK 16.6m
Net profitDKK 2.7mDKK 2.2m
EquityDKK 11.0mDKK 14.2m
Total assetsDKK 22.8mDKK 23.5m
CashDKK 112k–
Short-term debtDKK 11.0m–
Avg. employees26–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · ADVOSION.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202568
1 Oct 2023 – 30 Sep 202489
1 Oct 2022 – 30 Sep 202390
1 Oct 2021 – 30 Sep 202297
1 Oct 2020 – 30 Sep 202163
1 Oct 2019 – 30 Sep 202069
1 Oct 2018 – 30 Sep 201965
1 Oct 2017 – 30 Sep 201857
1 Oct 2016 – 30 Sep 201759
1 Oct 2015 – 30 Sep 201632
1 Oct 2014 – 30 Sep 2015134
1 Oct 2013 – 30 Sep 201473
1 Oct 2012 – 30 Sep 201358
1 Oct 2011 – 30 Sep 2012101
26 May 2010 – 30 Sep 201175

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
BoardJens Arne OvesenCurrent
BoardMads Algren SvendsenCurrent
BoardAnders Almann Alstrup HersboCurrent
BoardSidsel Algren SvendsenCurrent
BoardKristel Esther Kristine LundgrenCurrent
BoardChristian Boie Nordstrøm MikkelsenCurrent
BoardKirsten Algren Svendsen
BoardJørgen Lægaard
BoardKirsten Algren Svendsen
BoardLars Egsvang Rasmussen
BoardLise-Lotte Firring Jensen
Owner (10%)HERSBO HOLDING ApSCurrent
Owner (10%)Algren Philipp Holding ApSCurrent
Owner (50%)MADS SVENDSEN HOLDING ApSCurrent
Owner (20%)Algren Holding ApSCurrent
Owner (50%)JO HOLDING SOLBJERG ApS
Owner (33%)MADS SVENDSEN HOLDING ApS
Owner (25%)JO HOLDING SOLBJERG ApS
AuditorAdvosion, Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderJO HOLDING SOLBJERG ApSCurrent

Address history (1 moves)

Virringvej 74, 8660 Skanderborg
Virringvej 74, 8660 Skanderborg

Former names

JO HYDRAULICS A/S – now
JO HYDRAULICS ApS –

Employees per year

Number of employees at JO HYDRAULICS A/S per year7132011: 220112012: 220122013: 420132014: 420142015: 920152016: 1020162017: 1020172018: 132018

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about JO HYDRAULICS A/S

Has JO HYDRAULICS A/S gone bankrupt?

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

What is the bankruptcy risk of JO HYDRAULICS 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 JO HYDRAULICS A/S?

JO HYDRAULICS A/S most recently used Advosion, Statsautoriseret Revisionspartnerselskab.

When was JO HYDRAULICS A/S founded?

JO HYDRAULICS A/S was founded on 26 May 2010.

What is the equity of JO HYDRAULICS A/S?

Equity was DKK 11.0m according to the annual report for the period ending 30 September 2025.

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