KORSGADE HOLDING A/S

CVR 41921528 · Public limited company (A/S) · Active · Low risk

KORSGADE HOLDING A/S is a Public limited company (A/S), founded on , based in Aalborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 17.1m and a net result of DKK 1.3m. CEO: Torben Simonsen.

Bankruptcy risk for KORSGADE HOLDING A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
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×

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
41921528
Status
Active
Company type
Public limited company (A/S)
Founded
(5 years)
Address
c/o Torben Simonsen, Strandvejen 3, 7. 3
9000 Aalborg
Municipality
Aalborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 500k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio90.6%
Current ratio32%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address56
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Net profitDKK 1.3mDKK 1.2mDKK 1.2m
EquityDKK 17.1mDKK 16.5mDKK 16.0m
Total assetsDKK 18.8mDKK 18.1mDKK 17.5m
CashDKK 82kDKK 76k–
Short-term debtDKK 1.8mDKK 1.6m–
Tax owed–DKK 0–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202578
1 Jan 2024 – 31 Dec 202487
1 Jan 2023 – 31 Dec 2023117
1 Jan 2022 – 31 Dec 2022118
8 Dec 2020 – 31 Dec 2021129

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
CEOTorben SimonsenCurrent
BoardHenning Gøeg NielsenCurrent
BoardHenrik Ahlstrøm OlsenCurrent
BoardCharlotte BallingCurrent
BoardJohn Cramer Christiansen
BoardTorben Simonsen
BoardTina Fredensborg
Owner (10%)FairPart A/SCurrent
Owner (10%)CENATH HOLDING ApSCurrent
Owner (10%)KC HOLDING, HJØRRING ApSCurrent
Owner (10%)SVANE KØGE HOLDING ApSCurrent
Owner (10%)Gøeg & Bygholm Invest ApSCurrent
Owner (10%)LS HOLDING GANDRUP ApSCurrent
Owner (5%)Johnie Wilson BrøggerCurrent
Owner (10%)David Svane Kloborg BrøggerCurrent
Owner (10%)Andreas Christian Svane BrøggerCurrent
Owner (10%)Bohl Holding ApSCurrent
Owner (100%)FairPart A/S
Owner (10%)LBN HOLDING AALBORG ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderFairPart A/SCurrent

The CEOs' other companies

Torben Simonsen – 54 other companies, of which 2 bankrupt

Address history (1 moves)

c/o Torben Simonsen, Strandvejen 3, 7. 3, 9000 Aalborg
c/o Torben Simonsen, Porsvej 2, 9000 Aalborg

Other companies at the same address

Similar companies in Aalborg

Questions and answers about KORSGADE HOLDING A/S

Has KORSGADE HOLDING A/S gone bankrupt?

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

What is the bankruptcy risk of KORSGADE HOLDING A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of KORSGADE HOLDING A/S?

Torben Simonsen is the CEO of KORSGADE HOLDING A/S.

Who is the auditor of KORSGADE HOLDING A/S?

KORSGADE HOLDING A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was KORSGADE HOLDING A/S founded?

KORSGADE HOLDING A/S was founded on 8 December 2020.

What is the equity of KORSGADE HOLDING A/S?

Equity was DKK 17.1m 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.