FRI Energy A/S

CVR 36927208 · Public limited company (A/S) · Active · Low risk

FRI Energy A/S is a Public limited company (A/S), founded on , based in Hadsten. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 762k and a net result of DKK 520k.

Bankruptcy risk for FRI Energy A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
36927208
Status
Active
Company type
Public limited company (A/S)
Founded
(11 years)
Address
Byvej 12
8370 Hadsten
Municipality
Favrskov
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 750k
Employees
0 (2016)
Auditor
Revision & Råd, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio59.6%
Current ratio130%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.0mDKK 500k
Net profitDKK 520kDKK 305k
EquityDKK 762kDKK 241k
Total assetsDKK 1.3mDKK 2.5m
CashDKK 259k–
Short-term debtDKK 516k–
Tax owedDKK 16k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision & Råd, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 2021152
1 Jan 2020 – 31 Dec 2020174
1 Jan 2019 – 31 Dec 2019150
1 Jan 2018 – 31 Dec 2018168
1 Jan 2017 – 31 Dec 2017166
1 Jul 2015 – 31 Dec 2016158

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
CEOKim Kirstein Knudsen
BoardAndreas Leth-JessenCurrent
BoardPeter Christian WagerCurrent
BoardCharlotte Lind WagerCurrent
BoardFrank Hansen
BoardKim Kirstein Knudsen
BoardJacob Willems
BoardPeter Christian Wager
Owner (100%)PW-INVEST ApSCurrent
Owner (90%)KIRSTEINS HOLDING ApS
Owner (50%)KIRSTEINS HOLDING ApS
Owner (33%)PW-INVEST ApS
Owner (90%)PW-INVEST ApS
Owner (10%)Andreas Leth-Jessen
AuditorBogføring I/S
AuditorR&R STATSAUTORISERET REVISIONSANPARTSSELSKAB
FounderWILLEMS HOLDING ApSCurrent
FounderKIRSTEINS HOLDING ApSCurrent

The CEOs' other companies

Kim Kirstein Knudsen – 15 other companies, of which 9 bankrupt

Address history (4 moves)

Byvej 12, 8370 Hadsten
Pakhusgården 54, 5000 Odense C
Mogensensvej 24C, 5000 Odense C
Pakhusgården 12, 5000 Odense C
Gamle Havnekaj 25, 5000 Odense C

Employees per year

Number of employees at FRI Energy A/S per year112015: 120152016: 02016

Other companies at the same address

Questions and answers about FRI Energy A/S

Has FRI Energy A/S gone bankrupt?

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

What is the bankruptcy risk of FRI Energy A/S?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the auditor of FRI Energy A/S?

FRI Energy A/S most recently used Revision & Råd, Statsautoriseret Revisionspartnerselskab.

When was FRI Energy A/S founded?

FRI Energy A/S was founded on 10 June 2015.

What is the equity of FRI Energy A/S?

Equity was DKK 762k 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.