Glas Nordic A/S

CVR 38758063 · Public limited company (A/S) · Active · Low risk

Glas Nordic A/S is a Public limited company (A/S), founded on , based in Hvidovre. The company is registered in the industry engroshandel med andre råvarer og halvfabrikata. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 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 1.2m and a net result of DKK -302k. CEO: Jan Bjørn Jensen.

Bankruptcy risk for Glas Nordic A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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
38758063
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Koralvej 17
2650 Hvidovre
Municipality
Hvidovre
Industry
Engroshandel med andre råvarer og halvfabrikata (468600)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
2 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio65.5%
Current ratio290%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 663kDKK 1.1m
Net profitDKK -302kDKK 33k
EquityDKK 1.2mDKK 1.5m
Total assetsDKK 1.8mDKK 2.2m
CashDKK 1.1m–
Short-term debtDKK 636k–
Tax owedDKK 0–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · Grant ThorntonGodkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025163
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 202359
1 Jan 2022 – 31 Dec 202287
1 Jan 2021 – 31 Dec 202156
1 Jan 2020 – 31 Dec 202084
1 Jan 2019 – 31 Dec 2019225 Late
1 Jan 2018 – 31 Dec 2018122
30 Jun 2017 – 31 Dec 201755

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
CEOJan Bjørn JensenCurrent
BoardJan Bjørn JensenCurrent
BoardSten JensenCurrent
BoardBo Bjørn JensenCurrent
BoardJens Junge Mortensen
BoardBo Bjørn Jensen
BoardJens Junge Mortensen
BoardBo Bjørn Jensen
BoardNiels Junge Mortensen
BoardBo Bjørn Jensen
Owner (100%)B2J Holding ApSCurrent
Owner (33%)HOLMENE HOLDING ApS
Owner (50%)Jan Bjørn Jensen
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderHOLMENE HOLDING ApSCurrent
FounderB2J Holding ApSCurrent

The CEOs' other companies

Jan Bjørn Jensen – 1 other companies

Address history (3 moves)

Koralvej 17, 2650 Hvidovre
Store Kannikestræde 18, 1. th, 1169 København K
Flæsketorvet 68, 1., 1711 København V
Hammerensgade 1, 2., 1267 København K

Employees per year

Number of employees at Glas Nordic A/S per year122017: 120172018: 22018

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about Glas Nordic A/S

Has Glas Nordic A/S gone bankrupt?

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

What is the bankruptcy risk of Glas Nordic 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 CEO of Glas Nordic A/S?

Jan Bjørn Jensen is the CEO of Glas Nordic A/S.

Who is the auditor of Glas Nordic A/S?

Glas Nordic A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Glas Nordic A/S founded?

Glas Nordic A/S was founded on 30 June 2017.

What is the equity of Glas Nordic A/S?

Equity was DKK 1.2m 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.