City Group A/S
CVR 38627996 · Public limited company (A/S) · Active · Low risk
City Group A/S is a Public limited company (A/S), founded on , based in Middelfart. The company is registered in the industry overfladebehandling af metal. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 9 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 7.7m and a net result of DKK 6.2m. CEO: Morten Bo Kure-Nielsen.
Bankruptcy risk for City Group A/S
0.4 × the average (1.41%) · higher risk than 59% 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
- 38627996
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (9 years)
- Address
- Mandal Alle 18
5500 Middelfart - Municipality
- Middelfart
- Industry
- Overfladebehandling af metal (255100)
Bankruptcies in the industry: Maskinforarbejdning - Share capital
- DKK 500k
- Employees
- 9 (2018)
- Auditor
- Cedra Godkendt Revisionsaktieselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 1 of 9 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 50.6% |
| Current ratio | 190% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 7 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 13.3m | DKK 14.8m | DKK 5.9m |
| Net profit | DKK 6.2m | DKK 4.3m | DKK 709k |
| Equity | DKK 7.7m | DKK 5.1m | DKK 1.3m |
| Total assets | DKK 15.3m | DKK 9.6m | DKK 4.1m |
| Cash | DKK 2.2m | DKK 4.1m | – |
| Short-term debt | DKK 6.8m | DKK 3.7m | – |
| Avg. employees | 8 | 7 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 174 | ||
| 1 Jan 2024 – 31 Dec 2024 | 140 | ||
| 1 Jan 2023 – 31 Dec 2023 | 95 | ||
| 1 Jan 2022 – 31 Dec 2022 | 150 | ||
| 1 Jan 2021 – 31 Dec 2021 | 180 | ||
| 1 Jan 2020 – 31 Dec 2020 | 166 | ||
| 1 Jan 2019 – 31 Dec 2019 | 195 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 168 | ||
| 4 May 2017 – 31 Dec 2017 | 158 |
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 | Morten Bo Kure-Nielsen | Current | |
| CEO | Karl Aage Nielsen | ||
| Board | Karl Aage Nielsen | Current | |
| Board | Morten Bo Kure-Nielsen | Current | |
| Board | Lenna Nielsen | Current | |
| Owner (50%) | MORTEN BO HOLDING ApS | Current | |
| Owner (5%) | Macasa Holding ApS | Current | |
| Owner (33%) | LEKA Holding ApS | Current | |
| Owner (67%) | LEKA HOLDING ApS | ||
| Owner (25%) | MORTEN BO HOLDING ApS | ||
| Auditor | Cedra Godkendt Revisionsaktieselskab | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | REVISIONSFIRMAET RATHMANN & MORTENSEN, GODKENDT REVISIONSANPARTSSELSKAB | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | LEKA HOLDING ApS | Current | |
| Founder | MORTEN BO HOLDING ApS | Current |
The CEOs' other companies
Morten Bo Kure-Nielsen – 4 other companies
- CITY Group EJENDOMME ApS Active
- MORTEN BO HOLDING ApS Active
- Prima Brandsikring A/S Active
- Selskabet af 19. maj 1992 A/S Active
Karl Aage Nielsen – 8 other companies
- A/S CASTOR AF BOGENSE Opløst
- C.L. SKADECENTER ApS Opløst
- CITY Group EJENDOMME ApS Active
- LE AF 30. JUNI 2014 A/S Opløst
- LEKA HOLDING ApS Fusioneret
- LEKA Holding ApS Active
- Prima Brandsikring A/S Active
- Selskabet af 19. maj 1992 A/S Active
Address history (1 moves)
| Mandal Alle 18, 5500 Middelfart | |
| Mandal Alle 18, 5500 Middelfart |
Former names
| City Group A/S | – now |
| City Group Overfladebehandling A/S | – |
Employees per year
Other companies at the same address
- C.L. SKADECENTER ApS Opløst
- CITY Group EJENDOMME ApS Active
- LEKA HOLDING ApS Fusioneret
- LEKA Holding ApS Active
- MORTEN BO HOLDING ApS Active
- Prima Brandsikring A/S Active
- Selskabet af 19. maj 1992 A/S Active
Similar companies in Middelfart
- KOLOMORE ApS Middelfart
- PLUS-COAT A/S Ejby
- GJ COATING ApS Ejby
- BM LAKERING A/S Nørre Aaby
- NORDIC OVERFLADEBEHANDLING A/S Gelsted
- BODYCOTE VARMEBEHANDLING A/S Ejby
- PLUSCOAT A/S Ejby
- KS Coating IVS Asperup
- EJENDOMSSELSKABET AF 28. FEBRUAR 2011 A/S Ejby
- JENSEN PRINT A/S Ejby
- SPACE COLORS A/S Ejby
Questions and answers about City Group A/S
Has City Group A/S gone bankrupt?
No, City Group A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of City Group 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 City Group A/S?
Morten Bo Kure-Nielsen is the CEO of City Group A/S.
Who is the auditor of City Group A/S?
City Group A/S most recently used Cedra Godkendt Revisionsaktieselskab.
When was City Group A/S founded?
City Group A/S was founded on 4 May 2017.
What is the equity of City Group A/S?
Equity was DKK 7.7m 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.