XL Re-Lease A/S

CVR 39122065 · Public limited company (A/S) · Active · Low risk

XL Re-Lease A/S is a Public limited company (A/S), founded on , based in Thisted. The company is registered in the industry udlejning og leasing af biler og lette motorkøretøjer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 8 annual reports have been published, of which 3 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 220k. CEO: Geert Winther Skovsgaard.

Bankruptcy risk for XL Re-Lease 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

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
39122065
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Hundborgvej 198
7700 Thisted
Municipality
Thisted
Industry
Udlejning og leasing af biler og lette motorkøretøjer (771100)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 500k
Employees
4 (2018)
Auditor
RSM Danmark, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio32.4%
Current ratio60%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 655kDKK 447kDKK 266k
Net profitDKK 220kDKK -241kDKK -181k
EquityDKK 1.2mDKK 1.0mDKK 1.2m
Total assetsDKK 3.8mDKK 4.6mDKK 4.4m
CashDKK 41kDKK 78k–
Short-term debtDKK 1.9mDKK 2.6m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020168
1 Jan 2019 – 31 Dec 2019207 Late
24 Nov 2017 – 31 Dec 2018151

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
CEOGeert Winther SkovsgaardCurrent
BoardGeert Winther SkovsgaardCurrent
BoardNicolai Nedergaard SkovsgaardCurrent
BoardIda Nedergaard SkovsgaardCurrent
BoardKristine Nedergaard Skovsgaard
Owner (100%)XL Management ApSCurrent
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderXL Management ApSCurrent

The CEOs' other companies

Geert Winther Skovsgaard – 38 other companies, of which 5 bankrupt

Address history (1 moves)

Hundborgvej 198, 7700 Thisted
Drengshøj 8, 7700 Thisted

Former names

XL Re-Lease A/S – now
one2move trading a/s –
Selskabet af 24. november 2017, Thisted A/S –

Employees per year

Number of employees at XL Re-Lease A/S per year242018: 42018

Other companies at the same address

Similar companies in Thisted

Questions and answers about XL Re-Lease A/S

Has XL Re-Lease A/S gone bankrupt?

No, XL Re-Lease A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of XL Re-Lease 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 XL Re-Lease A/S?

Geert Winther Skovsgaard is the CEO of XL Re-Lease A/S.

Who is the auditor of XL Re-Lease A/S?

XL Re-Lease A/S most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.

When was XL Re-Lease A/S founded?

XL Re-Lease A/S was founded on 24 November 2017.

What is the equity of XL Re-Lease 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.