Thermia Danmark A/S

CVR 40874690 · Public limited company (A/S) · Active · Low risk

Thermia Danmark A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry engroshandel med isenkram, varmeanlæg og tilbehør. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 7.7m and a net result of DKK 1.5m. CEO: Per Magnus Glavmo.

Bankruptcy risk for Thermia Danmark A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

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
40874690
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Sjællandsgade 44
7100 Vejle
Municipality
Vejle
Industry
Engroshandel med isenkram, varmeanlæg og tilbehør (468400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 400k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio69.4%
Current ratio905%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.6mDKK 5.7m
Net profitDKK 1.5mDKK 1.6m
EquityDKK 7.7mDKK 13.3m
Total assetsDKK 11.1mDKK 20.8m
CashDKK 6.5m–
Short-term debtDKK 1.2m–
Avg. employees6–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202584
1 Jan 2024 – 31 Dec 2024121
1 Jan 2023 – 31 Dec 202373
1 Jan 2022 – 31 Dec 2022103
1 Jan 2021 – 31 Dec 2021112
1 Jan 2020 – 31 Dec 2020146

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
CEOPer Magnus GlavmoCurrent
BoardLars Orvar GyllanderCurrent
BoardKai SchiefelbeinCurrent
BoardPer Magnus GlavmoCurrent
BoardNicholas John Matten
BoardKai Schiefelbein
Owner (100%)Thermia AktiebolagCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderThermia AktiebolagCurrent

Address history (1 moves)

Sjællandsgade 44, 7100 Vejle
c/o Advokatfirmaet Kjellegarad Jensen, Tuborg Boulevard 12, 3., 2900 Hellerup

Former names

Thermia Danmark A/S – now
Thermia Denmark A/S –

Other companies at the same address

Similar companies in Vejle

Questions and answers about Thermia Danmark A/S

Has Thermia Danmark A/S gone bankrupt?

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

What is the bankruptcy risk of Thermia Danmark A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Thermia Danmark A/S?

Per Magnus Glavmo is the CEO of Thermia Danmark A/S.

Who is the auditor of Thermia Danmark A/S?

Thermia Danmark A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Thermia Danmark A/S founded?

Thermia Danmark A/S was founded on 14 October 2019.

What is the equity of Thermia Danmark 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.