Coreline A/S

CVR 37364460 · Public limited company (A/S) · Active · Low risk

Coreline A/S is a Public limited company (A/S), founded on , based in Fredericia. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 16.3m and a net result of DKK 4.7m. CEO: Henrik Pilborg Fritsche, Allan Kristensen.

Bankruptcy risk for Coreline A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
37364460
Status
Active
Company type
Public limited company (A/S)
Founded
(10 years)
Address
Prins Georgs Kvarter 1
7000 Fredericia
Municipality
Fredericia
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.4m
Employees
13 (2018)
Auditor
K.T. REVISION Godkendt Revisionsanpartsselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio48.8%
Current ratio196%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 19.5mDKK 15.7m
Net profitDKK 4.7mDKK 3.4m
EquityDKK 16.3mDKK 13.6m
Total assetsDKK 33.4mDKK 26.2m
CashDKK 620k–
Short-term debtDKK 16.4m–
Avg. employees21–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · K. T. Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202570
1 Jan 2024 – 31 Dec 2024105
1 Jan 2023 – 31 Dec 202373
1 Jan 2022 – 31 Dec 202239
1 Jan 2021 – 31 Dec 202195
1 Jan 2020 – 31 Dec 202032
1 Jan 2019 – 31 Dec 201939
1 Jan 2018 – 31 Dec 201846
1 Jan 2017 – 31 Dec 201756
12 Jan 2016 – 31 Dec 2016151

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
CEOHenrik Pilborg FritscheCurrent
CEOAllan KristensenCurrent
BoardHenrik Pilborg FritscheCurrent
BoardOle Bjørn JensenCurrent
BoardAlexander Pilborg FritscheCurrent
BoardAllan KristensenCurrent
BoardLars Krogh OvesenCurrent
BoardNicolai Rasch HansenCurrent
BoardTommy Lykke KnudsenCurrent
BoardJens Alfred Iversen
BoardTorben Christensen
Owner (25%)Fritsche Holding ApSCurrent
Owner (25%)AK Holding 2016 ApSCurrent
Owner (50%)Coreline Holding ApSCurrent
Owner (33%)Fritsche Holding ApS
Owner (33%)AK Holding 2016 ApS
Owner (33%)Coreline Holding ApS
AuditorK.T. REVISION Godkendt RevisionsanpartsselskabCurrent
FounderFritsche Holding ApSCurrent
FounderAK Holding 2016 ApSCurrent
FounderCoreline Holding ApSCurrent

The CEOs' other companies

Henrik Pilborg Fritsche – 3 other companies, of which 2 bankrupt

Allan Kristensen – 1 other companies

Address history (1 moves)

Prins Georgs Kvarter 1, 7000 Fredericia
Vognmagervej 19A, 7000 Fredericia

Employees per year

Number of employees at Coreline A/S per year7132016: 720162017: 1020172018: 132018

Similar companies in Fredericia

Questions and answers about Coreline A/S

Has Coreline A/S gone bankrupt?

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

What is the bankruptcy risk of Coreline A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Coreline A/S?

Henrik Pilborg Fritsche, Allan Kristensen are the CEOs of Coreline A/S.

Who is the auditor of Coreline A/S?

Coreline A/S most recently used K.T. REVISION Godkendt Revisionsanpartsselskab.

When was Coreline A/S founded?

Coreline A/S was founded on 12 January 2016.

What is the equity of Coreline A/S?

Equity was DKK 16.3m 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.