Driftsselskabet VKF A/S

CVR 35956719 · Public limited company (A/S) · Active · Low risk

Driftsselskabet VKF A/S is a Public limited company (A/S), founded on , based in Hasselager. The company is registered in the industry engroshandel med isenkram, varmeanlæg og tilbehør. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 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 44.5m and a net result of DKK -37.6m. CEO: Andreas Borup Christensen.

Bankruptcy risk for Driftsselskabet VKF A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
35956719
Status
Active
Company type
Public limited company (A/S)
Founded
(109 years)
Address
Beringvej 25
8361 Hasselager
Municipality
Aarhus
Industry
Engroshandel med isenkram, varmeanlæg og tilbehør (468400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 6.1m
Employees
98 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 31
Missing annual reportNo
Negative equityNo
Equity ratio34.6%
Current ratio94%
Moves (last 2 years)0
CEO changes in total8
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 9.7mDKK 49.6mDKK 37.7m
Net profitDKK -37.6mDKK 37kDKK -5.7m
EquityDKK 44.5mDKK 82.1mDKK 82.1m
Total assetsDKK 128.5mDKK 174.4mDKK 152.8m
CashDKK 70kDKK 28k–
Short-term debtDKK 75.7mDKK 82.8m–
Avg. employees5564–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023120
1 Jan 2022 – 31 Dec 2022156
1 Jan 2021 – 31 Dec 2021103
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017110
1 Jan 2016 – 31 Dec 2016162
1 Jan 2015 – 31 Dec 2015144
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013142
1 Jan 2012 – 31 Dec 2012142
1 Jan 2011 – 31 Dec 2011135
1 Jan 2010 – 31 Dec 2010123
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008146
1 Jan 2007 – 31 Dec 2007134
1 Jan 2006 – 31 Dec 2006130

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
CEOAndreas Borup ChristensenCurrent
CEOKaj Mogensen
CEOSteen Vilhelm Ravn
CEOPeter Arndrup Poulsen
CEOMorten Højen Larsen
BoardTroels Højgaard JensenCurrent
BoardGitte NørgaardCurrent
BoardHenrik HübnerCurrent
BoardGeorg Vilhelm Løber
BoardHelge Gustav Lorentzen
BoardErik Rahbek
BoardThorkild Simonsen
BoardErik Løber
BoardErik Højsholt
BoardPoul Johannes Jensen
BoardPoul Johannes Jensen
Owner (100%)VILHELM KIERS FONDCurrent
Owner (100%)VILHELM KIERS FOND
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Andreas Borup Christensen – 6 other companies

Kaj Mogensen – 2 other companies, of which 1 bankrupt

Steen Vilhelm Ravn – 3 other companies

Peter Arndrup Poulsen – 46 other companies, of which 2 bankrupt

Morten Højen Larsen – 7 other companies, of which 2 bankrupt

Address history (1 moves)

Beringvej 25, 8361 Hasselager
Helsingforsgade 25, 8200 Århus N

Former names

Driftsselskabet VKF A/S – now
BRØDRENE KIER A/S –

Employees per year

Number of employees at Driftsselskabet VKF A/S per year561122011: 7820112012: 9420122013: 9220132014: 9220142015: 9420152016: 11220162017: 11020172018: 982018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Driftsselskabet VKF A/S

Has Driftsselskabet VKF A/S gone bankrupt?

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

What is the bankruptcy risk of Driftsselskabet VKF A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Driftsselskabet VKF A/S?

Andreas Borup Christensen is the CEO of Driftsselskabet VKF A/S.

Who is the auditor of Driftsselskabet VKF A/S?

Driftsselskabet VKF A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was Driftsselskabet VKF A/S founded?

Driftsselskabet VKF A/S was founded on 4 June 1917.

What is the equity of Driftsselskabet VKF A/S?

Equity was DKK 44.5m 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.