TORSTEN KRAGH A/S

CVR 33589018 · Public limited company (A/S) · Active · Low risk

TORSTEN KRAGH A/S is a Public limited company (A/S), founded on , based in Aarhus N. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Apr 2026) shows equity of DKK 35.7m and a net result of DKK 757k. CEO: Torsten Kragh.

Bankruptcy risk for TORSTEN KRAGH A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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
33589018
Status
Active
Company type
Public limited company (A/S)
Founded
(55 years)
Address
c/o Beierholm, Tangen 9
8200 Aarhus N
Municipality
Aarhus
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.5m
Employees
0 (2016)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio96.2%
Current ratio2,639%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address28
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK -136kDKK -127kDKK -144k
Net profitDKK 757kDKK -7.7mDKK 10.5m
EquityDKK 35.7mDKK 34.9mDKK 42.6m
Total assetsDKK 37.1mDKK 36.4mDKK 47.0m
CashDKK 4.6mDKK 622k–
Short-term debtDKK 1.4mDKK 1.5m–
Tax owedDKK 0DKK 9,045–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026150
1 May 2024 – 30 Apr 2025136
1 May 2023 – 30 Apr 2024164
1 May 2022 – 30 Apr 2023155
1 May 2021 – 30 Apr 2022132
1 May 2020 – 30 Apr 202168
1 May 2019 – 30 Apr 202056
1 May 2018 – 30 Apr 2019121
1 May 2017 – 30 Apr 2018118
1 May 2016 – 30 Apr 2017114
1 May 2015 – 30 Apr 2016108
1 May 2014 – 30 Apr 201568
1 May 2013 – 30 Apr 2014114
1 May 2012 – 30 Apr 2013108
1 May 2011 – 30 Apr 2012109
1 May 2010 – 30 Apr 2011117
1 May 2009 – 30 Apr 2010130
1 May 2008 – 30 Apr 2009129
1 May 2007 – 30 Apr 2008134
1 May 2006 – 30 Apr 2007146

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
CEOTorsten KraghCurrent
BoardTorsten KraghCurrent
BoardMajbrit KraghCurrent
BoardRebecca KraghCurrent
BoardNinna Hove Kragh
BoardJytte Friis Kragh
Owner (100%)TORSTEN KRAGH HOLDING ApSCurrent
AuditorKRISTIANSEN & MOGENSEN I/S STATSAUTORISEREDE REVISORER
AuditorStatsaut. revisor Anders Mathiasen
AuditorDatoselskabet af den 3. juli 2016 RVT P/S
AuditorDatoselskabet af den 3. juli 2016 RVT P/S

The CEOs' other companies

Torsten Kragh – 2 other companies

Address history (3 moves)

c/o Beierholm, Tangen 9, 8200 Aarhus N
c/o Beierholm, Tangen 9, 8200 Aarhus N
c/o RSM plus, Jens Baggesens Vej 90N, 8200 Aarhus N
Flinthøj 6, 8520 Lystrup

Former names

TORSTEN KRAGH A/S – now
HUGO KRAGH A/S –

Employees per year

Number of employees at TORSTEN KRAGH A/S per year10192005: 1920052006: 1620062007: 720072008: 020082011: 020112012: 020122013: 020132016: 02016

Other companies at the same address

Similar companies in Aarhus

Questions and answers about TORSTEN KRAGH A/S

Has TORSTEN KRAGH A/S gone bankrupt?

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

What is the bankruptcy risk of TORSTEN KRAGH A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of TORSTEN KRAGH A/S?

Torsten Kragh is the CEO of TORSTEN KRAGH A/S.

Who is the auditor of TORSTEN KRAGH A/S?

TORSTEN KRAGH A/S most recently used Beierholm.

When was TORSTEN KRAGH A/S founded?

TORSTEN KRAGH A/S was founded on 3 May 1971.

What is the equity of TORSTEN KRAGH A/S?

Equity was DKK 35.7m according to the annual report for the period ending 30 April 2026.

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