SG ARMATUREN A/S

CVR 35872760 · Public limited company (A/S) · Active · Low risk

SG ARMATUREN A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 11 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 129.0m and a net result of DKK 18.0m. CEO: Terry Dalsgaard Goldenbeck.

Bankruptcy risk for SG ARMATUREN A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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
35872760
Status
Active
Company type
Public limited company (A/S)
Founded
(11 years)
Address
Dalgasgade 25, 5.
7400 Herning
Municipality
Herning
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
19 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityNo
Equity ratio85.5%
Current ratio994%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address84
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 44.5mDKK 40.2mDKK 71.8m
Net profitDKK 18.0mDKK 18.0mDKK 44.3m
EquityDKK 129.0mDKK 111.0mDKK 113.0m
Total assetsDKK 151.0mDKK 122.7mDKK 162.7m
Short-term debtDKK 15.2mDKK 9.9m–
Avg. employees2726–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022157
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020162
1 Jan 2019 – 31 Dec 2019147
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 201750
1 Jan 2016 – 31 Dec 201697
9 Dec 2014 – 31 Dec 201574

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
CEOTerry Dalsgaard GoldenbeckCurrent
BoardTerry Dalsgaard GoldenbeckCurrent
BoardErik NordermoenCurrent
BoardEivind GunvaldsenCurrent
Owner (100%)SG Armaturen ASCurrent
Owner (100%)GOLDENBECK HOLDING ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderGOLDENBECK HOLDING ApSCurrent

The CEOs' other companies

Terry Dalsgaard Goldenbeck – 5 other companies, of which 1 bankrupt

Address history (1 moves)

Dalgasgade 25, 5., 7400 Herning
Egebakken 19, 7400 Herning

Employees per year

Number of employees at SG ARMATUREN A/S per year10192015: 320152016: 620162017: 1920172018: 192018

Other companies at the same address

Similar companies in Herning

Questions and answers about SG ARMATUREN A/S

Has SG ARMATUREN A/S gone bankrupt?

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

What is the bankruptcy risk of SG ARMATUREN 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 CEO of SG ARMATUREN A/S?

Terry Dalsgaard Goldenbeck is the CEO of SG ARMATUREN A/S.

Who is the auditor of SG ARMATUREN A/S?

SG ARMATUREN A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was SG ARMATUREN A/S founded?

SG ARMATUREN A/S was founded on 9 December 2014.

What is the equity of SG ARMATUREN A/S?

Equity was DKK 129.0m 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.