PARDON CLOTHING A/S

CVR 34586527 · Public limited company (A/S) · Active · Very high risk

PARDON CLOTHING A/S is a Public limited company (A/S), founded on , based in Ikast. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 7.2% over the next 12 months, which is 5.1 times the average for Danish companies. 13 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 4.3m and a net result of DKK -828k. CEO: Ove Christiansen.

Bankruptcy risk for PARDON CLOTHING A/S

7.2%
probability of bankruptcy within 12 months
Very high risk

5.1 × the average (1.41%) · higher risk than 95% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
34586527
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
Navervej 16
7430 Ikast
Municipality
Ikast-Brande
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
22 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 13
Missing annual reportNo
Negative equityNo
Equity ratio10.6%
Current ratio85%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address27
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 10.5mDKK 7.2m
Net profitDKK -828kDKK -6.1m
EquityDKK 4.3mDKK 5.1m
Total assetsDKK 40.5mDKK 45.0m
CashDKK 582k–
Short-term debtDKK 36.2m–
Avg. employees19–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025212 Late
1 May 2023 – 30 Apr 2024213 Late
1 May 2022 – 30 Apr 2023199 Late
1 May 2021 – 30 Apr 2022170
1 May 2020 – 30 Apr 2021164
1 May 2019 – 30 Apr 2020188 Late
1 May 2018 – 30 Apr 201964
1 May 2017 – 30 Apr 201899
1 May 2016 – 30 Apr 201757
1 May 2015 – 30 Apr 201652
1 May 2014 – 30 Apr 2015103
1 Jul 2013 – 30 Apr 2014131
1 Jun 2012 – 30 Jun 2013135

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
CEOOve ChristiansenCurrent
CEOClaus Ingvar Harboe Bentzen
CEOThorsten Andy Madsen
BoardPoul Ulrik GodskesenCurrent
BoardHans-Henrik GodskesenCurrent
BoardFinn GodskesenCurrent
BoardClaus Ingvar Harboe Bentzen
BoardHeidi Elmelund Bentzen
BoardNadia Harboe Bentzen
BoardSøren Holstein Thygesen
BoardPoul Steen
BoardHeidi Elmelund Bentzen
BoardThorsten Andy Madsen
BoardSøren Hampen Kristensen
BoardSøren Hampen Kristensen
Owner (100%)BRDR. GODSKE ApSCurrent
Owner (50%)CHB 2012 HOLDING ApS
Owner (50%)ASX 6668 A/S
Owner (50%)CHB 2012 HOLDING ApS
Owner (50%)Armadillo Invest ApS
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
FounderCHB 2012 HOLDING ApSCurrent

The CEOs' other companies

Ove Christiansen – 18 other companies, of which 7 bankrupt

Claus Ingvar Harboe Bentzen – 17 other companies, of which 6 bankrupt

Thorsten Andy Madsen – 19 other companies, of which 1 bankrupt

Address history (1 moves)

Navervej 16, 7430 Ikast
Navervej 13, 7430 Ikast

Employees per year

Number of employees at PARDON CLOTHING A/S per year11222012: 1720122013: 1420132014: 1220142015: 1120152016: 1320162017: 1420172018: 222018

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about PARDON CLOTHING A/S

Has PARDON CLOTHING A/S gone bankrupt?

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

What is the bankruptcy risk of PARDON CLOTHING A/S?

Our model estimates a bankruptcy risk of 7.2% over the next 12 months (very high risk), which is 5.1 times the average for Danish companies.

Who is the CEO of PARDON CLOTHING A/S?

Ove Christiansen is the CEO of PARDON CLOTHING A/S.

Who is the auditor of PARDON CLOTHING A/S?

PARDON CLOTHING A/S most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was PARDON CLOTHING A/S founded?

PARDON CLOTHING A/S was founded on 1 June 2012.

What is the equity of PARDON CLOTHING A/S?

Equity was DKK 4.3m according to the annual report for the period ending 30 April 2025.

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