Rico System A/S

CVR 39135663 · Public limited company (A/S) · Active · High risk

Rico System A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry engroshandel med reservedele og tilbehør til motorkøretøjer. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 481k and a net result of DKK -1.8m.

Bankruptcy risk for Rico System A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
39135663
Status
Active
Company type
Public limited company (A/S)
Founded
(8 years)
Address
Lanciavej 14C
7100 Vejle
Municipality
Vejle
Industry
Engroshandel med reservedele og tilbehør til motorkøretøjer (467200)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 400k
Employees
0 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio20.4%
Current ratio121%
Moves (last 2 years)2
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 3.7mDKK 867k
Gross profitDKK -97kDKK -305k
Net profitDKK -1.8mDKK -779k
EquityDKK 481kDKK 1.3m
Total assetsDKK 2.4mDKK 1.8m
CashDKK 257k–
Short-term debtDKK 1.9m–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025112
1 Jan 2024 – 31 Dec 2024105
1 Jan 2023 – 31 Dec 2023107
1 Jan 2022 – 31 Dec 202289
1 Jan 2021 – 31 Dec 202187
1 Jan 2020 – 31 Dec 202062
1 Jan 2019 – 31 Dec 2019112
1 Dec 2017 – 31 Dec 201872

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
CEOJørgen Momme Sveigård Iversen
BoardJesper Jon EllingCurrent
BoardOle Mikael JensenCurrent
BoardNils Olaf OsnesCurrent
BoardDaniel TolåsCurrent
Owner (25%)JKS INVEST ApSCurrent
Owner (67%)Rico System ASCurrent
Owner (100%)Rico System AS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderRico System ASCurrent

The CEOs' other companies

Jørgen Momme Sveigård Iversen – 5 other companies

Address history (3 moves)

Lanciavej 14C, 7100 Vejle
Lanciavej 14F, 7100 Vejle
Slotsmarken 18, 2970 Hørsholm
Svanemøllevej 41, 2900 Hellerup

Former names

Rico System A/S – now
Rico Danmark A/S –

Employees per year

Number of employees at Rico System A/S per year112017: 020172018: 02018

Other companies at the same address

Similar companies in Vejle

Questions and answers about Rico System A/S

Has Rico System A/S gone bankrupt?

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

What is the bankruptcy risk of Rico System A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the auditor of Rico System A/S?

Rico System A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was Rico System A/S founded?

Rico System A/S was founded on 1 December 2017.

What is the equity of Rico System A/S?

Equity was DKK 481k 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.