GREENLINE FISHING GEAR A/S

CVR 33257600 · Public limited company (A/S) · Active · Low risk

GREENLINE FISHING GEAR A/S is a Public limited company (A/S), founded on , based in Sæby. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.2% 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 (31 Dec 2025) shows equity of DKK 9.4m and a net result of DKK 72k. CEO: Karsten Hjelm Christensen.

Bankruptcy risk for GREENLINE FISHING GEAR A/S

0.2%
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

Website registeredYes · bankruptcy rate 12.0%1.4×
Employees (latest year)2–5 · bankruptcy rate 10.3%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

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
33257600
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Marsvej 6
9300 Sæby
Municipality
Frederikshavn
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.0m
Employees
3 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio28.0%
Current ratio136%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 6.0mDKK 6.4mDKK 9.4m
Net profitDKK 72kDKK 53kDKK 1.9m
EquityDKK 9.4mDKK 9.4mDKK 10.6m
Total assetsDKK 33.7mDKK 37.1mDKK 36.2m
CashDKK 1,936DKK 45k–
Short-term debtDKK 19.8mDKK 23.1m–
Tax owed–DKK 0–
Avg. employees78–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025121
1 Jan 2024 – 31 Dec 2024121
1 Jan 2023 – 31 Dec 2023129
1 Jan 2022 – 31 Dec 2022118
1 Jan 2021 – 31 Dec 202197
1 Jan 2020 – 31 Dec 202063
1 Jul 2018 – 31 Dec 201987
1 Jul 2017 – 30 Jun 2018104
1 Jul 2016 – 30 Jun 2017108
1 Jul 2015 – 30 Jun 201697
1 Jul 2014 – 30 Jun 201598
1 Jul 2013 – 30 Jun 2014137
1 Jul 2012 – 30 Jun 2013127
1 Jul 2011 – 30 Jun 2012140
29 Oct 2010 – 30 Jun 2011129

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
CEOKarsten Hjelm ChristensenCurrent
CEOKarsten Hjelm Christensen
CEOMichael Frøslev
BoardKarsten Hjelm ChristensenCurrent
BoardJan Thore HetlandCurrent
BoardJarle MongCurrent
BoardHenrik Hjelm Christensen
BoardSusanne Christensen
BoardKarsten Hjelm Christensen
BoardMichael Frøslev
BoardHans Kristian Mong
BoardJarle Mong
BoardHans Kristian Mong
Owner (25%)K. HJELM HOLDING ApSCurrent
Owner (67%)Egersund Group Fiskeri ASCurrent
Owner (50%)K. HJELM HOLDING ApS
Owner (50%)M. FRØSLEV HOLDING ApS
Owner (25%)K. HJELM HOLDING ApS
Owner (5%)M. FRØSLEV HOLDING ApS
Owner (67%)Egersund Group Fiskeri AS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorRevisionsfirmaet Peter Berg
FounderK. HJELM HOLDING ApSCurrent

The CEOs' other companies

Karsten Hjelm Christensen – 13 other companies

Michael Frøslev – 3 other companies

Address history (1 moves)

Marsvej 6, 9300 Sæby
c/o Karsten Hjelm Christensen, Agerledet 2, 9300 Sæby

Employees per year

Number of employees at GREENLINE FISHING GEAR A/S per year242011: 220112012: 320122013: 320132014: 320142015: 420152016: 320162017: 420172018: 32018

Similar companies in Frederikshavn

Questions and answers about GREENLINE FISHING GEAR A/S

Has GREENLINE FISHING GEAR A/S gone bankrupt?

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

What is the bankruptcy risk of GREENLINE FISHING GEAR A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of GREENLINE FISHING GEAR A/S?

Karsten Hjelm Christensen is the CEO of GREENLINE FISHING GEAR A/S.

Who is the auditor of GREENLINE FISHING GEAR A/S?

GREENLINE FISHING GEAR A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was GREENLINE FISHING GEAR A/S founded?

GREENLINE FISHING GEAR A/S was founded on 29 October 2010.

What is the equity of GREENLINE FISHING GEAR A/S?

Equity was DKK 9.4m 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.