THORSGAARD A/S

CVR 33769881 · Public limited company (A/S) · Active · Low risk

THORSGAARD A/S is a Public limited company (A/S), founded on , based in Hobro. The company is registered in the industry dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 15 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 58.8m and a net result of DKK 2.0m. CEO: Morten Thorsgaard.

Bankruptcy risk for THORSGAARD A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Employees (latest year)5–10 · bankruptcy rate 10.1%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×
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×
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
33769881
Status
Active
Company type
Public limited company (A/S)
Founded
(15 years)
Address
c/o Egon Thorsgaard, Mariagervej 70
9500 Hobro
Municipality
Mariagerfjord
Industry
Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø (011100)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 500k
Employees
6 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 15
Missing annual reportNo
Negative equityNo
Equity ratio60.4%
Current ratio168%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.2mDKK 3.6m
Net profitDKK 2.0mDKK 5.6m
EquityDKK 58.8mDKK 57.8m
Total assetsDKK 97.3mDKK 98.7m
CashDKK 8.4m–
Short-term debtDKK 6.5m–
Tax owedDKK 14k–
Avg. employees4–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024145
1 Jan 2023 – 31 Dec 2023131
1 Jan 2022 – 31 Dec 2022161
1 Jan 2021 – 31 Dec 2021145
1 Jan 2020 – 31 Dec 2020120
1 Jan 2019 – 31 Dec 2019157
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017159
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014163
1 Jan 2013 – 31 Dec 2013147
1 Jan 2012 – 31 Dec 2012147
1 Jan 2011 – 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
CEOMorten ThorsgaardCurrent
CEOEgon Thorsgaard
BoardEgon ThorsgaardCurrent
BoardLis Jørgensen ThorsgaardCurrent
BoardFlemming Floor JensenCurrent
BoardMorten ThorsgaardCurrent
BoardErik Brandt JørgensenCurrent
BoardLone RasmussenCurrent
BoardTina Thorsgaard LangCurrent
BoardLeif Eltved
Owner (100%)Thorsgaard Holding I A/SCurrent
Owner (20%)Egon Thorsgaard
Owner (20%)Lis Jørgensen Thorsgaard
Owner (20%)Morten Thorsgaard
Owner (20%)Tina Thorsgaard Lang
Owner (20%)Lone Rasmussen
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorErik Brandt Jørgensen
AuditorAnne Sofie Møller Kaya
AuditorRevice, statsautoriseret revisionsaktieselskab
FounderEgon ThorsgaardCurrent

The CEOs' other companies

Morten Thorsgaard – 5 other companies

Egon Thorsgaard – 3 other companies

Address history (1 moves)

c/o Egon Thorsgaard, Mariagervej 70, 9500 Hobro
c/o Egon Thorsgaard, Mariagervej 70, 9500 Hobro

Employees per year

Number of employees at THORSGAARD A/S per year362011: 120112012: 220122013: 320132014: 320142015: 420152016: 420162017: 620172018: 62018

Other companies at the same address

Similar companies in Mariagerfjord

Questions and answers about THORSGAARD A/S

Has THORSGAARD A/S gone bankrupt?

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

What is the bankruptcy risk of THORSGAARD 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 THORSGAARD A/S?

Morten Thorsgaard is the CEO of THORSGAARD A/S.

Who is the auditor of THORSGAARD A/S?

THORSGAARD A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was THORSGAARD A/S founded?

THORSGAARD A/S was founded on 28 June 2011.

What is the equity of THORSGAARD A/S?

Equity was DKK 58.8m 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.