CARDIA INTERNATIONAL A/S

CVR 35812563 · Public limited company (A/S) · Active · Very high risk

CARDIA INTERNATIONAL A/S is a Public limited company (A/S), founded on , based in Roskilde. The company is registered in the industry fremstilling af medicinske og dentale instrumenter samt udstyr hertil. Our model estimates a bankruptcy risk of 8.1% over the next 12 months, which is 5.8 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 Mar 2026) shows equity of DKK -793k and a net result of DKK -106k. CEO: Mike William Vermin.

Bankruptcy risk for CARDIA INTERNATIONAL A/S

8.1%
probability of bankruptcy within 12 months
Very high risk

5.8 × the average (1.41%) · higher risk than 96% 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×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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×
Auditor registered in CVRYes · 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
35812563
Status
Active
Company type
Public limited company (A/S)
Founded
(12 years)
Address
c/o Advokatfirmaet Knaack, Brock & Valgard, Helligkorsvej 33C, kl. tv
4000 Roskilde
Municipality
Roskilde
Industry
Fremstilling af medicinske og dentale instrumenter samt udstyr hertil (325000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 745k
Employees
2 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-187.0%
Current ratio34%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202620252024
Gross profitDKK -88kDKK -262kDKK -140k
Net profitDKK -106kDKK -319kDKK -236k
EquityDKK -793kDKK -687kDKK -368k
Total assetsDKK 424kDKK 446kDKK 792k
CashDKK 49kDKK 7,467–
Short-term debtDKK 1.2mDKK 1.1m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026185 Late
1 Apr 2024 – 31 Mar 2025134
1 Apr 2023 – 31 Mar 202480
1 Apr 2022 – 31 Mar 202397
1 Apr 2021 – 31 Mar 202269
1 Apr 2020 – 31 Mar 2021118
1 Apr 2019 – 31 Mar 2020238 Late
1 Apr 2018 – 31 Mar 2019183
1 Apr 2017 – 31 Mar 2018179
1 Jan 2016 – 31 Mar 2017172
1 Jan 2015 – 31 Dec 2015169
26 Mar 2014 – 31 Dec 2014131

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
CEOMike William VerminCurrent
CEOJens Aabye Dam
CEOJens Aabye Dam
BoardMike William VerminCurrent
BoardChinnappa Kotera MadappaCurrent
BoardNesimi CicekCurrent
BoardFinn Ruben Aabye Dam
BoardNancy Margot Dam
BoardJens Aabye Dam
BoardJoachim Snebang Vanggaard Jensen
BoardMike William Vermin
BoardSanthosh Kumar Mohan
BoardJens Aabye Dam
BoardDeepak Komare Gowda
BoardRajeshkumar Shreedhar Tiwari
BoardKandankumarath Balasubramannian
BoardKavita Swane
Owner (25%)Cardia Invest BVCurrent
Owner (33%)Skanray Healthcare Global Pvt. Ltd.Current
Owner (20%)JENS DAM HOLDING ApSCurrent
Owner (50%)JV EQUITY ApS
Owner (50%)JENS DAM HOLDING ApS
Owner (25%)JV EQUITY ApS
Owner (25%)JENS DAM HOLDING ApS
Owner (33%)Cardia Invest BV
Owner (25%)JV EQUITY CARDIA ApS
Owner (25%)JENS DAM HOLDING CARDIA ApS
Owner (10%)JV EQUITY CARDIA ApS
Owner (10%)JENS DAM HOLDING CARDIA ApS
Owner (50%)Skanray Healthcare Global Pvt. Ltd.
Owner (20%)JENS DAM HOLDING CARDIA ApS
Owner (50%)Skanray Healthcare Global Pvt. Ltd.
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
FounderJV EQUITY ApSCurrent
FounderJENS DAM HOLDING ApSCurrent

The CEOs' other companies

Jens Aabye Dam – 35 other companies, of which 13 bankrupt

Address history (3 moves)

c/o Advokatfirmaet Knaack, Brock & Valgard, Helligkorsvej 33C, kl. tv, 4000 Roskilde
c/o Råd til advokat v/ Birgitte Wessel Knaac, Haslevgade 20, 2630 Taastrup
c/o Råd til advokat v/ Birgitte Wessel Knaac, Hersegade 34C, 4000 Roskilde
Hersegade 20, 4000 Roskilde

Employees per year

Number of employees at CARDIA INTERNATIONAL A/S per year232015: 320152016: 320162017: 320172018: 22018

Other companies at the same address

Similar companies in Roskilde

Questions and answers about CARDIA INTERNATIONAL A/S

Has CARDIA INTERNATIONAL A/S gone bankrupt?

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

What is the bankruptcy risk of CARDIA INTERNATIONAL A/S?

Our model estimates a bankruptcy risk of 8.1% over the next 12 months (very high risk), which is 5.8 times the average for Danish companies.

Who is the CEO of CARDIA INTERNATIONAL A/S?

Mike William Vermin is the CEO of CARDIA INTERNATIONAL A/S.

Who is the auditor of CARDIA INTERNATIONAL A/S?

CARDIA INTERNATIONAL A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was CARDIA INTERNATIONAL A/S founded?

CARDIA INTERNATIONAL A/S was founded on 26 March 2014.

What is the equity of CARDIA INTERNATIONAL A/S?

Equity was DKK -793k according to the annual report for the period ending 31 March 2026.

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