Algeco Denmark A/S

CVR 40881239 · Public limited company (A/S) · Active · Low risk

Algeco Denmark A/S is a Public limited company (A/S), founded on , based in Ringsted. The company is registered in the industry udlejning og leasing af andet materiel, udstyr og andre materielle aktiver, bortset fra til events. 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, 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 96.0m and a net result of DKK 19.7m.

Bankruptcy risk for Algeco Denmark A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reporting classReporting class C, medium-size enterprise · bankruptcy rate 0.8%0.09×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · 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×

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
40881239
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Kærup Parkvej 10
4100 Ringsted
Municipality
Ringsted
Industry
Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver, bortset fra til events (773990)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 187.4m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 6
Missing annual reportNo
Negative equityNo
Equity ratio28.8%
Current ratio43%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 110.0mDKK 88.1m
Net profitDKK 19.7mDKK -36.8m
EquityDKK 96.0mDKK 76.4m
Total assetsDKK 333.3mDKK 271.4m
CashDKK 31.2m–
Short-term debtDKK 235.6m–
Avg. employees33–

Latest annual report: Reporting class C, medium-size enterprise · auditor's statement: Auditor's report on audited financial statements · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202555
1 Jan 2024 – 31 Dec 2024141
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021193 Late
23 Oct 2019 – 31 Dec 2020206 Late

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
BoardMads BlomCurrent
BoardJames Stewart Christopher OdomCurrent
BoardSteinar AaslandCurrent
BoardMette FerkingstadCurrent
BoardFrank Vestergaard Suhr Olesen
BoardJesper Bramming
BoardDan Olesen Vorsholt
BoardLars Martin Egron Olsson
BoardMagnus Kjellin
BoardBjörn Arne Lindberg
BoardNils Magnus Kjellin
BoardSteinar Aasland
BoardSundip Thakrar
BoardJames O'Malley
BoardSimon Gordon
Owner (100%)Algeco Sweden ABCurrent
Owner (100%)G.S.V. MATERIELUDLEJNING A/S
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorKPMG P/S
FounderPeter Andreas NielsenCurrent

Address history (2 moves)

Kærup Parkvej 10, 4100 Ringsted
Kærup Parkvej 10, 4100 Ringsted
c/o Bruun & Hjejle, Nørregade 21, 1165 København K

Former names

Algeco Denmark A/S – now
Temporary Space Nordics Pavilions A/S –
Datoselskabet af 23. oktober 2019 A/S –

Other companies at the same address

Similar companies in Ringsted

Questions and answers about Algeco Denmark A/S

Has Algeco Denmark A/S gone bankrupt?

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

What is the bankruptcy risk of Algeco Denmark 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 auditor of Algeco Denmark A/S?

Algeco Denmark A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Algeco Denmark A/S founded?

Algeco Denmark A/S was founded on 23 October 2019.

What is the equity of Algeco Denmark A/S?

Equity was DKK 96.0m 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.