PANZERGLASS A/S

CVR 34902380 · Public limited company (A/S) · Active · Low risk

PANZERGLASS A/S is a Public limited company (A/S), founded on 9 January 2013, based in Hinnerup. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 13 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 36.7m and a net result of DKK 1.5m.

Bankruptcy risk for PANZERGLASS A/S

0.5%

probability of bankruptcy within 12 months

Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×

Website registeredYes · bankruptcy rate 12.0%1.4×

CEO changes1 · bankruptcy rate 11.4%1.3×

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

CEO's other companies0 · bankruptcy rate 10.9%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×

Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

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×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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: 34902380
Status: Active
Company type: Public limited company (A/S)
Founded: 9 January 2013 (13 years)
Address: Delta 8
8382 Hinnerup
Municipality: Favrskov
Industry: Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital: DKK 500k
Employees: 32 (2018)
Auditor: EY Godkendt Revisionspartnerselskab
Audit opted out: No

Warning signs

Annual reports filed late	1 of 13
Missing annual report	No
Negative equity	No
Equity ratio	19.7%
Current ratio	110%
Moves (last 2 years)	0
CEO changes in total	1
CEO's previous bankruptcies	0
Other companies at the address	23
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 119.9m	DKK 116.4m	DKK 109.8m
Net profit	DKK 1.5m	DKK 21.8m	DKK 38.7m
Equity	DKK 36.7m	DKK 64.2m	DKK 68.2m
Total assets	DKK 186.5m	DKK 194.8m	DKK 156.6m
Cash	DKK 322k	DKK 5.3m	–
Short-term debt	DKK 149.0m	DKK 125.7m	–
Avg. employees	86	75	–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	23 Jun 2026	174
1 Jan 2024 – 31 Dec 2024	14 May 2025	134
1 Jan 2023 – 31 Dec 2023	12 Jun 2024	164
1 Jan 2022 – 31 Dec 2022	22 Jun 2023	173
1 Jan 2021 – 31 Dec 2021	15 Jul 2022	196	Late
1 Jan 2020 – 31 Dec 2020	7 Jun 2021	158
1 Jan 2019 – 31 Dec 2019	21 Apr 2020	112
1 Jan 2018 – 31 Dec 2018	23 May 2019	143
1 Jan 2017 – 31 Dec 2017	12 Apr 2018	102
1 Jan 2016 – 31 Dec 2016	1 Jun 2017	152
1 Jan 2015 – 31 Dec 2015	1 Apr 2016	92
1 Jan 2014 – 31 Dec 2014	30 Mar 2015	89
9 Jan 2013 – 31 Dec 2013	4 Mar 2014	63

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

Role	Name	From	To
CEO	Jimmy Olsen	9 Jan 2013	15 Mar 2015
Board	Johannes Frederik Bach	30 Sep 2014	Current
Board	Jimmy Olsen	30 Sep 2014	Current
Board	Kristine Bach	30 Sep 2014	Current
Board	Kent Hessellund Jeppesen	30 Sep 2014	20 Sep 2018
Owner (67%)	JUHL BACH HOLDING ApS	30 Sep 2014	Current
Owner (20%)	JMK INVEST ApS	30 Sep 2014	Current
Owner (20%)	KENT H. JEPPESEN HOLDING ApS	30 Sep 2014	20 Sep 2018
Owner (15%)	Klaus Michael Bach	20 Sep 2018	20 Sep 2018
Owner (15%)	Kristine Bach	20 Sep 2018	20 Sep 2018
Auditor	EY Godkendt Revisionspartnerselskab	27 Sep 2017	Current
Auditor	DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB	9 Jan 2013	27 Sep 2017
Founder	JUHL BACH HOLDING ApS	9 Jan 2013	Current

The CEOs' other companies

Jimmy Olsen – 18 other companies, of which 4 bankrupt

010108 ANL A/S Bankrupt 3 Nov 2014
ANPARTSSELSKABET AF 1.11.2013 Bankrupt 10 Dec 2013
DEN BLÅ BUTIK AF 1997 ApS Bankrupt 29 Oct 1997
DEN BLÅ BUTIK ApS Bankrupt 29 Oct 1997
DELTAPARK ApS Active
DIR A/S Fusioneret
Delta 1 ApS Active
Delta Capital ApS Active
EJENDOMSSELSKABET NAVERVEJ 1 ApS Opløst
Famobra A/S Active
JJK Invest ApS Opløst
JMK INVEST ApS Active
Lullaby Planet ApS Opløst
NUANCE DENMARK A/S Fusioneret
NUANCE INTERNATIONAL A/S Fusioneret
SHOPPING4ALL A/S Fusioneret
The Event Brewery ApS Opløst
pond Twelve ApS Opløst

Address history (2 moves)

20 May 2022	Delta 8, 8382 Hinnerup
20 Sep 2018	Delta 8, 8382 Hinnerup
9 Jan 2013	Delta 6, 8382 Hinnerup

Former names

PANZERGLASS A/S	31 Jan 2017 – now
PANZER GLASS A/S	28 Apr 2016 – 30 Jan 2017
RETAIL DISTRIBUTION A/s	16 Mar 2015 – 27 Apr 2016
RETAIL DISTRIBUTION ApS	9 Jan 2013 – 15 Mar 2015

Employees per year

Other companies at the same address

DELTA 6 INTERNATIONAL INVEST ApS Active
DELTAPARK ApS Active
Danoffice IT Green A/S Active
Delta 1 ApS Active
Delta 8 ApS Active
Delta 8A ApS Active
Delta Capital ApS Active
EDGEMO A/S Fusioneret
EJENDOMSANPARTSSELSKABET DELTA 6, HINNERUP Active
EJENDOMSSELSKABET NAVERVEJ 1 ApS Opløst
EJENDOMSSELSKABET NAVERVEJ 4 ApS Active
Herredsvej 29 ApS Active
JJK Invest ApS Opløst
JUHL BACH HOLDING ApS Active
KB HOLDING, AARHUS ApS Active
KMB HOLDING, ÅRHUS ApS Active
Kristine Bach Holding ApS Active
Lucca Bach Knudsen Holding ApS Active
Lullaby Planet ApS Opløst
Maj Bach Knudsen Holding ApS Active
Suite 01 ApS Active
The Event Brewery ApS Opløst
pond Twelve ApS Opløst

Similar companies in Favrskov

PLENOM A/S Hinnerup
TOTALPRINT ApS Hinnerup

Questions and answers about PANZERGLASS A/S

Has PANZERGLASS A/S gone bankrupt?

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

What is the bankruptcy risk of PANZERGLASS A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of PANZERGLASS A/S?

PANZERGLASS A/S most recently used EY Godkendt Revisionspartnerselskab.

When was PANZERGLASS A/S founded?

PANZERGLASS A/S was founded on 9 January 2013.

What is the equity of PANZERGLASS A/S?

Equity was DKK 36.7m 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.