SUBRA A/S

CVR 35643303 · Public limited company (A/S) · Active · High risk

SUBRA A/S is a Public limited company (A/S), founded on , based in Farum. The company is registered in the industry overfladebehandling af metal. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 12 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -60.9m and a net result of DKK -43.8m. CEO: Maria Sand Tandrup, Sarah Børresen, Martin Riise.

Bankruptcy risk for SUBRA A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
35643303
Status
Active
Company type
Public limited company (A/S)
Founded
(12 years)
Address
Bygmarken 4
3520 Farum
Municipality
Furesø
Industry
Overfladebehandling af metal (255100)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 1.6m
Employees
2 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-306.8%
Current ratio1,127%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -9.9mDKK 5.1m
Net profitDKK -43.8mDKK -6.1m
EquityDKK -60.9mDKK -17.1m
Total assetsDKK 19.9mDKK 29.0m
CashDKK 13.7m–
Short-term debtDKK 1.4m–
Avg. employees28–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025195 Late
1 Jan 2024 – 31 Dec 2024129
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022132
1 Jan 2021 – 31 Dec 2021177
1 Jan 2020 – 31 Dec 2020162
1 Jan 2019 – 31 Dec 2019185 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 201754
1 Jan 2016 – 31 Dec 2016146
1 Jan 2015 – 31 Dec 2015127
20 Jan 2014 – 31 Dec 2014149

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
CEOMaria Sand TandrupCurrent
CEOSarah BørresenCurrent
CEOMartin RiiseCurrent
CEOJørn Otto Bindslev Hansen
BoardAnders Christian WulffCurrent
BoardMichael MayerCurrent
BoardAntonia SchmalzCurrent
BoardAnders Bendsen SpohrCurrent
BoardJørn Otto Bindslev Hansen
BoardJesper Holm Lundeman
BoardTage Sand
BoardLars Traberg
BoardTage Sand
BoardJakob Saabye-Brøndum
BoardMaria Sand Tandrup
BoardSarah Børresen
BoardMarcus Ludger Remmers
BoardMarcus Ludger Remmers
Owner (5%)Target Partners Fund II GmbH & Co. KGCurrent
Owner (20%)Novo Holdings A/SCurrent
Owner (15%)AWSB HOLDING ApSCurrent
Owner (5%)Maj Invest Minorities I K/SCurrent
Owner (5%)SprinD GmbHCurrent
Owner (5%)eCAPITAL IV Technologies Fonds GmbH & Co. KGCurrent
Owner (5%)Target Partners Opportunities Fund I GmbH & Co. KGCurrent
Owner (10%)SANDRUP ApSCurrent
Owner (5%)Bayern Kapital Innovationsfonds EFRE II GmbH & Co. KGCurrent
Owner (50%)HOLM LUNDEMAN HOLDING ApS
Owner (50%)AWSB HOLDING ApS
Owner (33%)HOLM LUNDEMAN HOLDING ApS
Owner (10%)SUR-TECH A/S
Owner (10%)ETCH A/S
Owner (33%)AWSB HOLDING ApS
Owner (50%)AWSB HOLDING ApS
Owner (25%)SANDRUP ApS
Owner (33%)SANDRUP ApS
Owner (15%)SANDRUP ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderHOLM LUNDEMAN HOLDING ApSCurrent
FounderAWSB HOLDING ApSCurrent
FounderJOBH HOLDING IVSCurrent

The CEOs' other companies

Maria Sand Tandrup – 2 other companies

Sarah Børresen – 1 other companies

Martin Riise – 1 other companies

Jørn Otto Bindslev Hansen – 2 other companies

Address history (2 moves)

Bygmarken 4, 3520 Farum
c/o Sur-Tech A/S, Bygmarken 1, 3520 Farum
Hede Enge 41, 2765 Smørum

Former names

SUBRA A/S – now
SUBRA Substrates A/S –
SUBRA Substrates ApS –
SUBRA FUSION TECHNOLOGY IVS –
SUBRA IVS –

Employees per year

Number of employees at SUBRA A/S per year122018: 22018

Other companies at the same address

Similar companies in Furesø

Questions and answers about SUBRA A/S

Has SUBRA A/S gone bankrupt?

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

What is the bankruptcy risk of SUBRA A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of SUBRA A/S?

Maria Sand Tandrup, Sarah Børresen, Martin Riise are the CEOs of SUBRA A/S.

Who is the auditor of SUBRA A/S?

SUBRA A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was SUBRA A/S founded?

SUBRA A/S was founded on 20 January 2014.

What is the equity of SUBRA A/S?

Equity was DKK -60.9m 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.