ThermoNova A/S
CVR 38132369 · Public limited company (A/S) · Active · Low risk
ThermoNova A/S is a Public limited company (A/S), founded on , based in Aars. 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. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 74.2m and a net result of DKK 3.8m. CEO: Mads Hougaard.
Bankruptcy risk for ThermoNova A/S
0.0 × the average (1.41%) · higher risk than 15% of active Danish companies
Increases the risk
Reduces the risk
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
- 38132369
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (10 years)
- Address
- Nordvestvej 4
9600 Aars - Municipality
- Vesthimmerlands
- Industry
- Engroshandel med isenkram, varmeanlæg og tilbehør (468400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 469k
- Employees
- 3 (2018)
- Auditor
- BDO Statsautoriseret Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 9 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 88.1% |
| Current ratio | 877% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 20.7m | DKK 11.4m | DKK 19.5m |
| Net profit | DKK 3.8m | DKK -1.2m | DKK 5.7m |
| Equity | DKK 74.2m | DKK 70.4m | DKK 73.4m |
| Total assets | DKK 84.2m | DKK 79.6m | DKK 86.1m |
| Cash | DKK 52.4m | DKK 40.9m | – |
| Short-term debt | DKK 9.1m | DKK 8.0m | – |
| Tax owed | DKK 996k | DKK 0 | – |
| Avg. employees | 23 | 22 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 106 | ||
| 1 Jan 2024 – 31 Dec 2024 | 171 | ||
| 1 Jan 2023 – 31 Dec 2023 | 145 | ||
| 1 Jan 2022 – 31 Dec 2022 | 16 | ||
| 1 Jan 2021 – 31 Dec 2021 | 177 | ||
| 1 Jan 2020 – 31 Dec 2020 | 175 | ||
| 1 Jan 2019 – 31 Dec 2019 | 90 | ||
| 1 Jan 2018 – 31 Dec 2018 | 63 | ||
| 25 Oct 2016 – 31 Dec 2017 | 136 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Mads Hougaard | Current | |
| CEO | Steen Fristrup | ||
| Board | Steen Fristrup | Current | |
| Board | Mads Hougaard | Current | |
| Board | Christian Jørgensen | Current | |
| Board | Claus Jakob Sejr | Current | |
| Board | Henning Pallesen | ||
| Board | Hugo Dorph | ||
| Board | Dennis Jeppesen | ||
| Board | Jens Ellegaard Andersen | ||
| Owner (50%) | SOLAR A/S | Current | |
| Owner (20%) | MADS HOUGAARD HOLDING ApS | Current | |
| Owner (20%) | STEEN FRISTRUP HOLDING ApS | Current | |
| Owner (50%) | MADS HOUGAARD HOLDING ApS | ||
| Owner (50%) | STEEN FRISTRUP HOLDING ApS | ||
| Owner (20%) | Steen Fristrup | ||
| Owner (20%) | Mads Hougaard | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | Current | |
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Founder | MADS HOUGAARD HOLDING ApS | Current | |
| Founder | STEEN FRISTRUP HOLDING ApS | Current |
The CEOs' other companies
Mads Hougaard – 2 other companies, of which 1 bankrupt
- HN AFVIKLING A/S Bankrupt 29 Jun 2012
- MADS HOUGAARD HOLDING ApS Active
Steen Fristrup – 1 other companies
- STEEN FRISTRUP HOLDING ApS Active
Address history (1 moves)
| Nordvestvej 4, 9600 Aars | |
| Ejdrupvej 46, 9240 Nibe |
Former names
| ThermoNova A/S | – now |
| ThermoNova ApS | – |
| SFMH ApS | – |
Employees per year
Other companies at the same address
- FREMTIDENS VINDUER OG DØRE A/S Bankrupt
- FREMTIDENS VINDUER OG DØRE FINANS ApS Compulsorily dissolved
- PM KIMADAN FINANS ApS Compulsorily dissolved
Similar companies in Vesthimmerlands
- FC3G ApS Aars
- ALKA ELECTRONIC ApS Løgstør
- AquaSun IVS Løgstør
Questions and answers about ThermoNova A/S
Has ThermoNova A/S gone bankrupt?
No, ThermoNova A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of ThermoNova 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 ThermoNova A/S?
Mads Hougaard is the CEO of ThermoNova A/S.
Who is the auditor of ThermoNova A/S?
ThermoNova A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.
When was ThermoNova A/S founded?
ThermoNova A/S was founded on 25 October 2016.
What is the equity of ThermoNova A/S?
Equity was DKK 74.2m 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.