Baettr Sales & Services A/S

CVR 40070532 · Public limited company (A/S) · Active · Low risk

Baettr Sales & Services A/S is a Public limited company (A/S), founded on , based in Lem St. The company is registered in the industry fremstilling af elektriske motorer, generatorer og transformatorer. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -2.1m and a net result of DKK -24.4m. CEO: Peter Christian Pallishøj.

Bankruptcy risk for Baettr Sales & Services A/S

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 58% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
40070532
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Smed Hansens Vej 27
6940 Lem St
Municipality
Ringkøbing-Skjern
Industry
Fremstilling af elektriske motorer, generatorer og transformatorer (271100)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 400k
Employees
3 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-1.2%
Current ratio97%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 46.1mDKK 87.0mDKK 70.5m
Net profitDKK -24.4mDKK 4.6mDKK -6.3m
EquityDKK -2.1mDKK 37.3mDKK 32.6m
Total assetsDKK 169.9mDKK 209.6mDKK 189.7m
CashDKK 83.9mDKK 50.2m–
Short-term debtDKK 170.9mDKK 170.1m–
Avg. employees6051–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024109
1 Jan 2023 – 31 Dec 2023174
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019155
1 Jan 2018 – 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
CEOPeter Christian PallishøjCurrent
CEOMads Lykke Nørby
BoardPeter Christian PallishøjCurrent
BoardThomas Kiilerich HenriksenCurrent
BoardLouise Kilsgård AndersenCurrent
BoardStefan Brandt
BoardIna Hannen
BoardIna Hannen
BoardIngo Knecht
BoardThomas Rahbek
BoardMaria-Louise Schmidt Bjørkmann
BoardThomas Kiilerich Henriksen
BoardPoul Erik Kamstrup Kristensen
BoardThomas Kiilerich Henriksen
BoardMaria-Louise Schmidt Bjørkmann
Owner (100%)Baettr Holding GmbHCurrent
Owner (100%)GLOBAL CASTINGS HOLDING A/S
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderGLOBAL CASTINGS HOLDING A/SCurrent

The CEOs' other companies

Peter Christian Pallishøj – 9 other companies

Mads Lykke Nørby – 1 other companies

Address history (1 moves)

Smed Hansens Vej 27, 6940 Lem St
Smed Hansens Vej 27, 6940 Lem St

Former names

Baettr Sales & Services A/S – now
Global Castings Sales & Services A/S –

Employees per year

Number of employees at Baettr Sales & Services A/S per year232018: 32018

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Baettr Sales & Services A/S

Has Baettr Sales & Services A/S gone bankrupt?

No, Baettr Sales & Services A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Baettr Sales & Services A/S?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of Baettr Sales & Services A/S?

Peter Christian Pallishøj is the CEO of Baettr Sales & Services A/S.

Who is the auditor of Baettr Sales & Services A/S?

Baettr Sales & Services A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Baettr Sales & Services A/S founded?

Baettr Sales & Services A/S was founded on 4 December 2018.

What is the equity of Baettr Sales & Services A/S?

Equity was DKK -2.1m 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.