Coatable A/S

CVR 42590169 · Public limited company (A/S) · Active · High risk

Coatable A/S is a Public limited company (A/S), founded on , based in Stenløse. The company is registered in the industry fremstilling af maling, lak og lignende overfladebehandlingsmidler, trykfarver samt tætningsmaterialer. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -25k and a net result of DKK -518k.

Bankruptcy risk for Coatable A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Capital changes3+ · bankruptcy rate 6.2%0.70×
Registered owners3 · bankruptcy rate 6.2%0.71×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
42590169
Status
Active
Company type
Public limited company (A/S)
Founded
(5 years)
Address
Knud Bro Alle 7B
3660 Stenløse
Municipality
Egedal
Industry
Fremstilling af maling, lak og lignende overfladebehandlingsmidler, trykfarver samt tætningsmaterialer (203000)
Bankruptcies in the industry: Fremstilling af parfume, hårshampoo, tandpasta mv.
Share capital
DKK 1.6m
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-3.8%
Current ratio43%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 213kDKK -46k
Net profitDKK -518kDKK -792k
EquityDKK -25kDKK 493k
Total assetsDKK 656kDKK 594k
CashDKK 59k–
Short-term debtDKK 681k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202568
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023183
6 Aug 2021 – 31 Dec 2022178

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
CEOAdam Hillestrøm
BoardKevin Leig BengtssonCurrent
BoardVerner BentzenCurrent
BoardKasper HansenCurrent
BoardAdam Hillestrøm
BoardBrian Gellert
BoardTue Stender
BoardKevin Leig Bengtsson
BoardVerner Bentzen
Owner (25%)Kasper HansenCurrent
Owner (33%)BENGTSSON HOLDING ApSCurrent
Owner (5%)HJS Holding ApSCurrent
Owner (5%)MADS BORDING HOLDING ApS
Owner (25%)MF & KO HOLDING ApS
Owner (10%)ACCCA INVEST ApS
Owner (10%)HJS Holding ApS
Owner (10%)JEG Invest A/S
Owner (25%)J Theilgaard Holding ApS
Owner (33%)ACCCA INVEST ApS
Owner (33%)Adam Hillestrøm
Owner (15%)Henning Jacobsen
Owner (10%)Mads Bording Rasmussen
Owner (10%)Jens Glerup Theilgaard
Owner (10%)MADS BORDING HOLDING ApS
Owner (15%)HJS Holding ApS
Owner (15%)JEG Invest A/S
Owner (10%)Theilgaard Invest ApS
Owner (33%)Adam Hillestrøm
Owner (15%)Henning Jacobsen
Owner (33%)ACCCA INVEST ApS
Owner (20%)HJS Holding ApS
Owner (10%)JEG Invest A/S
Owner (33%)Adam Hillestrøm
Owner (50%)ACCCA INVEST ApS
Owner (33%)Henning Jacobsen
Owner (15%)BENGTSSON HOLDING ApS
Owner (5%)MADS BORDING HOLDING ApS
Owner (33%)ACCCA INVEST ApS
Owner (25%)HJS Holding ApS
Owner (5%)JEG Invest A/S
Owner (25%)BENGTSSON HOLDING ApS
Owner (25%)ACCCA INVEST ApS
Owner (33%)BENGTSSON HOLDING ApS
Owner (10%)ACCCA INVEST ApS
FounderMADS BORDING HOLDING ApSCurrent
FounderMF & KO HOLDING ApSCurrent
FounderACCCA INVEST ApSCurrent
FounderHJS Holding ApSCurrent
FounderJEG Invest A/SCurrent
FounderJ Theilgaard Holding ApSCurrent

The CEOs' other companies

Adam Hillestrøm – 16 other companies, of which 4 bankrupt

Address history (2 moves)

Knud Bro Alle 7B, 3660 Stenløse
Lautruphøj 5, 2750 Ballerup
Maglebjergvej 4, 2800 Kongens Lyngby

Former names

Coatable A/S – now
Udviklingsselskabet 270721 A/S –

Other companies at the same address

Similar companies in Egedal

Questions and answers about Coatable A/S

Has Coatable A/S gone bankrupt?

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

What is the bankruptcy risk of Coatable A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the auditor of Coatable A/S?

Coatable A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Coatable A/S founded?

Coatable A/S was founded on 6 August 2021.

What is the equity of Coatable A/S?

Equity was DKK -25k 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.