KINGSPAN INSULATION ApS

CVR 35891803 · Private limited company (ApS) · Active · Medium risk

KINGSPAN INSULATION ApS is a Private limited company (ApS), founded on , based in Roskilde. The company is registered in the industry agenturhandel med tømmer og andre byggematerialer. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 12 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -8.3m and a net result of DKK -13.1m. CEO: David Mc Mahon, Mark James Connor, Michel Adriaan van der Helm.

Bankruptcy risk for KINGSPAN INSULATION ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
35891803
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Langebjergvænget 18
4000 Roskilde
Municipality
Roskilde
Industry
Agenturhandel med tømmer og andre byggematerialer (461300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Employees
5 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-2.6%
Current ratio70%
Moves (last 2 years)0
CEO changes in total23
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 52.8mDKK 60.6m
Gross profitDKK 6.4mDKK 7.6m
Net profitDKK -13.1mDKK -5.0m
EquityDKK -8.3mDKK 4.9m
Total assetsDKK 316.8mDKK 309.9m
Short-term debtDKK 29.9m–
Avg. employees8–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025189 Late
1 Jan 2024 – 31 Dec 2024191 Late
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021221 Late
1 Jan 2020 – 31 Dec 2020201 Late
1 Jan 2019 – 31 Dec 2019136
1 Jan 2018 – 31 Dec 2018147
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015154
10 Jun 2014 – 31 Dec 2014147

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
CEODavid Mc MahonCurrent
CEOMark James ConnorCurrent
CEOMichel Adriaan van der HelmCurrent
CEOJohannes Antonius Joseph Jacobs
CEODavid Mark MacDonald
CEOPeter Charles Wilson
CEOPatrick Alan Lawlor
CEODavid Mark Macdonald
CEOHendrik Johan Bassie
CEOTuomo Johannes Riihonen
CEOWilhelmus Johannes van Zonsbeek
CEOIan McAuliffe
CEODavid Mark Macdonald
CEOTerence McGivern
Owner (100%)Kingspan Holdings (IRL) LimitedCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderKingspan Holdings /IRL) LimitedCurrent
FounderKingspan Holdings /IRL) Limited

Address history (2 moves)

Langebjergvænget 18, 4000 Roskilde
Langebjergvænget 14, 4000 Roskilde
Universitetsparken 7, 4000 Roskilde

Employees per year

Number of employees at KINGSPAN INSULATION ApS per year352014: 220142015: 220152016: 320162017: 420172018: 52018

Other companies at the same address

Similar companies in Roskilde

Questions and answers about KINGSPAN INSULATION ApS

Has KINGSPAN INSULATION ApS gone bankrupt?

No, KINGSPAN INSULATION ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KINGSPAN INSULATION ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of KINGSPAN INSULATION ApS?

David Mc Mahon, Mark James Connor, Michel Adriaan van der Helm are the CEOs of KINGSPAN INSULATION ApS.

Who is the auditor of KINGSPAN INSULATION ApS?

KINGSPAN INSULATION ApS most recently used EY Godkendt Revisionspartnerselskab.

When was KINGSPAN INSULATION ApS founded?

KINGSPAN INSULATION ApS was founded on 10 June 2014.

What is the equity of KINGSPAN INSULATION ApS?

Equity was DKK -8.3m 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.