KRING AGRO A/S

CVR 37302694 · Public limited company (A/S) · Active · Low risk

KRING AGRO A/S is a Public limited company (A/S), founded on , based in Fredericia. The company is registered in the industry dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 10 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 19.2m and a net result of DKK 586k. CEO: Mads Hans Kring.

Bankruptcy risk for KRING AGRO A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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
37302694
Status
Active
Company type
Public limited company (A/S)
Founded
(10 years)
Address
Frifeltvej 13
7000 Fredericia
Municipality
Vejle
Industry
Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø (011100)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 500k
Employees
9 (2018)
Auditor
Spiras
Audit opted out
No

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityNo
Equity ratio34.8%
Current ratio136%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 13.8mDKK 6.0mDKK 21.4m
Net profitDKK 586kDKK -8.6mDKK 7.0m
EquityDKK 19.2mDKK 18.6mDKK 27.2m
Total assetsDKK 55.0mDKK 41.8mDKK 54.9m
CashDKK 6.2mDKK 5.1m–
Short-term debtDKK 34.1mDKK 21.2m–
Avg. employees99–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021152
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019231 Late
1 Jan 2018 – 31 Dec 2018147
1 Jan 2017 – 31 Dec 2017151
14 Dec 2015 – 31 Dec 2016150

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
CEOMads Hans KringCurrent
BoardPer Abraham KringCurrent
BoardMads Hans KringCurrent
BoardBirgitte KringCurrent
Owner (67%)MK Holding DK ApSCurrent
Owner (25%)PAK Holding DK ApSCurrent
Owner (50%)PK Holding DK ApS
Owner (50%)MK Holding DK ApS
Owner (50%)PAK Holding DK ApS
AuditorSpirasCurrent
FounderPK Holding DK ApSCurrent
FounderMK Holding DK ApSCurrent

The CEOs' other companies

Mads Hans Kring – 21 other companies

Address history (0 moves)

Frifeltvej 13, 7000 Fredericia

Employees per year

Number of employees at KRING AGRO A/S per year592016: 620162017: 620172018: 92018

Other companies at the same address

Similar companies in Vejle

Questions and answers about KRING AGRO A/S

Has KRING AGRO A/S gone bankrupt?

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

What is the bankruptcy risk of KRING AGRO 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 KRING AGRO A/S?

Mads Hans Kring is the CEO of KRING AGRO A/S.

Who is the auditor of KRING AGRO A/S?

KRING AGRO A/S most recently used Spiras.

When was KRING AGRO A/S founded?

KRING AGRO A/S was founded on 14 December 2015.

What is the equity of KRING AGRO A/S?

Equity was DKK 19.2m 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.