AREO Coating A/S

CVR 33370512 · Public limited company (A/S) · Active · Low risk

AREO Coating A/S is a Public limited company (A/S), founded on , based in Gjern. The company is registered in the industry udførelse af gulvbelægninger og vægbeklædning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 15 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 16.1m and a net result of DKK 10.1m. CEO: Michael Hougaard Sørensen, Hans Jørgen Pedersen.

Bankruptcy risk for AREO Coating A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · 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×

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
33370512
Status
Active
Company type
Public limited company (A/S)
Founded
(15 years)
Address
Ellerupvej 34
8883 Gjern
Municipality
Silkeborg
Industry
Udførelse af gulvbelægninger og vægbeklædning (433300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
29 (2018)
Auditor
Revision Ry & Hammel Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio61.3%
Current ratio256%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies3
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 47.6mDKK 43.3m
Net profitDKK 10.1mDKK 6.9m
EquityDKK 16.1mDKK 13.4m
Total assetsDKK 26.2mDKK 25.0m
CashDKK 17k–
Short-term debtDKK 10.2m–
Avg. employees45–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · Revision Ry & Hammel Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202557
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023101
1 Jan 2022 – 31 Dec 2022136
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 202067
1 Jan 2019 – 31 Dec 2019176
1 Jan 2018 – 31 Dec 201896
1 Jan 2017 – 31 Dec 201754
1 Jan 2016 – 31 Dec 201674
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013162
1 Jan 2012 – 31 Dec 2012154
20 Dec 2010 – 31 Dec 2011159

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
CEOMichael Hougaard SørensenCurrent
CEOHans Jørgen PedersenCurrent
CEOJens Hougaard Sørensen
BoardPoul Viggo Lomholdt PoulsenCurrent
BoardMichael Hougaard SørensenCurrent
BoardKim Staunstrup ThomsenCurrent
BoardJens Hougaard Sørensen
BoardTom Uglsø Jensen
BoardIben Marianne Grejs
BoardKim Staunstrup Thomsen
BoardKlaus Andersen
Owner (100%)Areo Holding ApSCurrent
Owner (100%)JH HOLDING, GJERN ApS
Owner (50%)JH HOLDING, GJERN ApS
Owner (50%)MH Holding Silkeborg ApS
AuditorRevision Ry & Hammel Godkendt RevisionsaktieselskabCurrent
AuditorREVISOR TEAMRY REGISTRERET REVISIONSAKTIESELSKAB
FounderJH HOLDING, GJERN ApSCurrent

The CEOs' other companies

Michael Hougaard Sørensen – 10 other companies

Hans Jørgen Pedersen – 7 other companies, of which 3 bankrupt

Jens Hougaard Sørensen – 9 other companies

Address history (2 moves)

Ellerupvej 34, 8883 Gjern
Hårup Tværvej 1, 8600 Silkeborg
c/o Jens Hougaard, Amerikavej 27, 8883 Gjern

Former names

AREO Coating A/S – now
AREO A/S –
AREACOATING A/S –
JHOU A/S –

Employees per year

Number of employees at AREO Coating A/S per year15302011: 1620112012: 1720122013: 1420132014: 2120142015: 2120152016: 2820162017: 3020172018: 292018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about AREO Coating A/S

Has AREO Coating A/S gone bankrupt?

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

What is the bankruptcy risk of AREO Coating A/S?

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

Who is the CEO of AREO Coating A/S?

Michael Hougaard Sørensen, Hans Jørgen Pedersen are the CEOs of AREO Coating A/S.

Who is the auditor of AREO Coating A/S?

AREO Coating A/S most recently used Revision Ry & Hammel Godkendt Revisionsaktieselskab.

When was AREO Coating A/S founded?

AREO Coating A/S was founded on 20 December 2010.

What is the equity of AREO Coating A/S?

Equity was DKK 16.1m 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.