A/S GELSTED TØMMERHANDEL

CVR 41033916 · Public limited company (A/S) · Active · Low risk

A/S GELSTED TØMMERHANDEL is a Public limited company (A/S), founded on , based in Gelsted. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 4.9m and a net result of DKK -901k. CEO: Niels Jørgen Madsen.

Bankruptcy risk for A/S GELSTED TØMMERHANDEL

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

CEO changes1 · bankruptcy rate 11.4%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
41033916
Status
Active
Company type
Public limited company (A/S)
Founded
(54 years)
Address
Søndergade 17
5591 Gelsted
Municipality
Middelfart
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
11 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late10 of 30
Missing annual reportNo
Negative equityNo
Equity ratio42.1%
Current ratio125%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.4mDKK 1.5m
Net profitDKK -901kDKK -843k
EquityDKK 4.9mDKK 5.8m
Total assetsDKK 11.8mDKK 12.4m
CashDKK 1.5m–
Short-term debtDKK 6.8m–
Avg. employees8–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025183
1 May 2023 – 30 Apr 2024147
1 May 2022 – 30 Apr 2023131
1 May 2021 – 30 Apr 2022150
1 May 2020 – 30 Apr 2021153
1 May 2019 – 30 Apr 202062
1 May 2018 – 30 Apr 201964
1 May 2017 – 30 Apr 201858
1 May 2016 – 30 Apr 201766
1 May 2015 – 30 Apr 201661
1 May 2014 – 30 Apr 201563
1 May 2013 – 30 Apr 201463
1 May 2012 – 30 Apr 2013188 Late
1 May 2011 – 30 Apr 2012191 Late
1 May 2010 – 30 Apr 2011198 Late
1 May 2009 – 30 Apr 2010215 Late
1 May 2008 – 30 Apr 2009185 Late
1 May 2007 – 30 Apr 2008175
1 May 2006 – 30 Apr 2007181
1 May 2005 – 30 Apr 2006172

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
CEONiels Jørgen MadsenCurrent
CEOPoul Madsen
BoardNiels Jørgen MadsenCurrent
BoardJette Lund PetersenCurrent
BoardAnders Artit Lund MadsenCurrent
BoardHenrik Madsen
BoardInger Marie Madsen
BoardBirgit Karen Pedersen
BoardPoul Madsen
BoardInger Marie Madsen
BoardPoul Madsen
Owner (100%)Niels Jørgen MadsenCurrent
Owner (100%)G.T. HOLDING GELSTED ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Niels Jørgen Madsen – 1 other companies

Address history (2 moves)

Søndergade 17, 5591 Gelsted
Søndergade 17, 5591 Gelsted
Søndergade 17, 5591 Gelsted

Employees per year

Number of employees at A/S GELSTED TØMMERHANDEL per year6112011: 820112012: 820122013: 620132014: 720142015: 820152016: 1120162017: 1020172018: 112018

Other companies at the same address

Similar companies in Middelfart

Questions and answers about A/S GELSTED TØMMERHANDEL

Has A/S GELSTED TØMMERHANDEL gone bankrupt?

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

What is the bankruptcy risk of A/S GELSTED TØMMERHANDEL?

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 A/S GELSTED TØMMERHANDEL?

Niels Jørgen Madsen is the CEO of A/S GELSTED TØMMERHANDEL.

Who is the auditor of A/S GELSTED TØMMERHANDEL?

A/S GELSTED TØMMERHANDEL most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was A/S GELSTED TØMMERHANDEL founded?

A/S GELSTED TØMMERHANDEL was founded on 29 December 1971.

What is the equity of A/S GELSTED TØMMERHANDEL?

Equity was DKK 4.9m according to the annual report for the period ending 30 April 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.