TERMA A/S

CVR 41881828 · Public limited company (A/S) · Active · Low risk

TERMA A/S is a Public limited company (A/S), founded on , based in Lystrup. The company is registered in the industry fremstilling af instrumenter og udstyr til måling, afprøvning og navigation. 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. The latest annual report (28 Feb 2026) shows equity of DKK 1.9bn and a net result of DKK 238.2m. CEO: Per Thiesen.

Bankruptcy risk for TERMA A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Reporting classReporting class C, large enterprise · bankruptcy rate 0.2%0.03×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
41881828
Status
Active
Company type
Public limited company (A/S)
Founded
(76 years)
Address
Hovmarken 4
8520 Lystrup
Municipality
Aarhus
Industry
Fremstilling af instrumenter og udstyr til måling, afprøvning og navigation (265100)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 20.0m
Employees
917 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 32
Missing annual reportNo
Negative equityNo
Equity ratio40.8%
Current ratio110%
Moves (last 2 years)0
CEO changes in total8
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
RevenueDKK 2.1bnDKK 1.7bnDKK 1.4bn
Gross profitDKK 522.7mDKK 401.6mDKK 289.6m
Net profitDKK 238.2mDKK 222.3mDKK 154.9m
EquityDKK 1.9bnDKK 1.9bnDKK 1.0bn
Total assetsDKK 4.8bnDKK 3.8bnDKK 3.0bn
CashDKK 600.7mDKK 1.1bn–
Short-term debtDKK 2.1bnDKK 1.3bn–
Tax owedDKK 34.6mDKK 0–
Avg. employees1,032928–

Latest annual report: Reporting class C, large enterprise · auditor's statement: Auditor's report on audited financial statements · Deloitte Statsautoriseret Revisionspartnerselskab,.

Filed annual reports

Reporting periodPublishedDays after period end
1 Mar 2025 – 28 Feb 2026103
1 Mar 2024 – 28 Feb 202598
1 Mar 2023 – 28 Feb 2024114
1 Mar 2022 – 28 Feb 2023100
1 Mar 2021 – 28 Feb 202295
1 Mar 2020 – 28 Feb 2021110
1 Mar 2019 – 28 Feb 2020112
1 Mar 2018 – 28 Feb 201995
1 Mar 2017 – 28 Feb 201892
1 Mar 2016 – 28 Feb 201799
1 Mar 2015 – 28 Feb 2016114
1 Mar 2014 – 28 Feb 2015110
1 Mar 2013 – 28 Feb 2014109
1 Mar 2012 – 28 Feb 2013104
1 Mar 2011 – 29 Feb 2012112
1 Mar 2010 – 28 Feb 201191
1 Mar 2009 – 28 Feb 201088
1 Mar 2008 – 28 Feb 200989
1 Mar 2007 – 29 Feb 200888
1 Mar 2006 – 28 Feb 200785

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 ThiesenCurrent
CEOJohannes Jacobsen
CEOPer Morten Borggaard
CEOSteen Michael Lynenskjold
CEOThomas Rosenkilde Anderson
BoardConnie Gitte HolmCurrent
BoardJens Thorsen PoulsenCurrent
BoardCarsten DillingCurrent
BoardLars Gert LoseCurrent
BoardNatalie Ghazale Shaverdian Riise-KnudsenCurrent
BoardAnders Christian ScheldeCurrent
BoardKlaus HolseCurrent
BoardGustaf Sloth NørgaardCurrent
BoardSteen TerstedCurrent
BoardJonas PedersenCurrent
BoardEmma Aabo MaunsbachCurrent
BoardKnud-Erik Borup
BoardHenrik Stenbjerre
BoardPalle Jeppesen
BoardKaj Juul-Pedersen
BoardPoul Madsen
BoardJens Ole Munk Andersen
BoardJohn Erik Madsen
BoardJohannes Jacobsen
BoardJørn Finnich
BoardErnst Johan Hede
BoardEjgil Martinus Kristensen
BoardOve Havshøj
BoardYelva Anni Friis
BoardIvan Kruse Hansen
BoardPeder Kirkegaard
BoardErik Holm Jensen
BoardErik Holm Jensen
BoardAnne Grete Rydbjerg
BoardBo Laursen
BoardClaus German Christensen
BoardSteen Bechgaard Danø
BoardAnnette Elisabeth Christensen
BoardKurt Saur Pedersen
BoardBengt Halse
BoardJan-Åke Kristian Kark
BoardKnud Østergaard
BoardSvend-Aage Nielsen
BoardPeter Pedersen Dyvig
BoardEric Egebjerg Kressel
BoardPreben Harald Lund
BoardHolger Lavesen
BoardPreben Harald Lund
BoardBenny Daugaard Laursen
BoardPaul Werner Friis Johnsen
BoardKirsten Kahr Ovesen
BoardJørgen Munch
BoardAnders Eldrup
BoardKirsten Kahr Ovesen
BoardBenny Daugaard Laursen
BoardJesper Østergaard Nielsen
BoardMartin Anders Hedegaard
BoardClaus Bjerg
BoardGitte Helboe
BoardChristina Grumstrup Sørensen
BoardFlemming Henze Tomdrup
BoardJørgen Huno Rasmussen
BoardMorten Schousen
BoardMichael Høgenhaug Poulsen
BoardCarsten Dilling
BoardKaren-Marie Katholm
BoardMartin Anders Hedegaard
BoardHelle Cecilie Fabricius Nielsen
BoardBenny Sønderby Hede
BoardCarina Holmer Jensen
BoardKlaus Holse
BoardHelle Cecilie Fabricius Nielsen
Owner (67%)THRIGE HOLDING A/SCurrent
Owner (10%)ATP Langsigtet Dansk Kapital K/SCurrent
Owner (100%)THRIGE HOLDING A/S
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorK P M G C JESPERSEN ÅRHUS I/S
AuditorCJ Partnership I/S
AuditorEY Godkendt Revisionspartnerselskab

The CEOs' other companies

Per Thiesen – 7 other companies

Johannes Jacobsen – 11 other companies

Per Morten Borggaard – 4 other companies

Steen Michael Lynenskjold – 6 other companies

Thomas Rosenkilde Anderson – 8 other companies

Address history (0 moves)

Hovmarken 4, 8520 Lystrup

Former names

TERMA A/S – now
TERMA ELEKTRONIK A/S –

Employees per year

Number of employees at TERMA A/S per year5081,0152011: 1,01520112012: 90620122013: 67920132014: 71020142015: 72220152016: 79220162017: 85620172018: 9172018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about TERMA A/S

Has TERMA A/S gone bankrupt?

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

What is the bankruptcy risk of TERMA 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 TERMA A/S?

Per Thiesen is the CEO of TERMA A/S.

Who is the auditor of TERMA A/S?

TERMA A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was TERMA A/S founded?

TERMA A/S was founded on 1 December 1949.

What is the equity of TERMA A/S?

Equity was DKK 1.9bn according to the annual report for the period ending 28 February 2026.

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