IQ METAL A/S

CVR 42625728 · Public limited company (A/S) · Active · Low risk

IQ METAL A/S is a Public limited company (A/S), founded on , based in Hasselager. The company is registered in the industry maskinforarbejdning af metal. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 22.2m and a net result of DKK -19.7m.

Bankruptcy risk for IQ METAL A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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
42625728
Status
Active
Company type
Public limited company (A/S)
Founded
(49 years)
Address
Birkemosevej 1
8361 Hasselager
Municipality
Aarhus
Industry
Maskinforarbejdning af metal (255300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 16.0m
Employees
50 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio37.0%
Current ratio104%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 75.4mDKK 72.7m
Gross profitDKK 12.4mDKK 10.8m
Net profitDKK -19.7mDKK -4.1m
EquityDKK 22.2mDKK 42.2m
Total assetsDKK 60.0mDKK 86.2m
CashDKK 48k–
Short-term debtDKK 33.0m–
Avg. employees63–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 202381
1 Oct 2021 – 31 Dec 202286
1 Oct 2020 – 30 Sep 202181
1 Oct 2019 – 30 Sep 202076
1 Oct 2018 – 30 Sep 201963
1 Oct 2017 – 30 Sep 2018114
1 Oct 2016 – 30 Sep 2017107
1 Oct 2015 – 30 Sep 201694
1 Oct 2014 – 30 Sep 2015114
1 Oct 2013 – 30 Sep 201476
1 Oct 2012 – 30 Sep 2013162
1 Oct 2011 – 30 Sep 2012101
1 Oct 2010 – 30 Sep 201189
1 Oct 2009 – 30 Sep 201052
1 Oct 2008 – 30 Sep 200950
1 Oct 2007 – 30 Sep 200847
1 Oct 2006 – 30 Sep 200751
1 Oct 2005 – 30 Sep 200652

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 Ejnar Brændstrup
CEOClaus Brændstrup
CEOJesper Zacher Nielsen
BoardCarsten ThygesenCurrent
BoardLars Taarn PedersenCurrent
BoardThomas BechmannCurrent
BoardBo Fischer LarsenCurrent
BoardStig Aage Farsø Nielsen
BoardClaus Brændstrup
BoardNiels Ejnar Brændstrup
BoardKaj Mogensen
BoardLaila Annelise Brændstrup
BoardKnud Erik Juul Larsen
BoardJesper Zacher Nielsen
BoardBo Fischer Larsen
BoardJørgen Flodgaard
BoardOle Juul Jørgensen
BoardOle Juul Jørgensen
BoardCarsten Thygesen
BoardOle Juul Jørgensen
Owner (100%)IQ Metal Holding ApSCurrent
Owner (67%)BFL HOLDING ÅRHUS ApS
Owner (20%)JZN HOLDING ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorAKTIESELSKABET AF 29/4 1985, RANDERS
AuditorKvist & Jensen SR, Randers A/S
AuditorERNST & YOUNG DENMARK P/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Niels Ejnar Brændstrup – 3 other companies, of which 1 bankrupt

Claus Brændstrup – 6 other companies

Jesper Zacher Nielsen – 3 other companies

Address history (0 moves)

Birkemosevej 1, 8361 Hasselager

Former names

IQ METAL A/S – now
BRÆNDSTRUP A/S –
N. E. BRÆNDSTRUP A/S –

Employees per year

Number of employees at IQ METAL A/S per year31622011: 6220112012: 4920122013: 4120132014: 5120142015: 4820152016: 5320162017: 5420172018: 502018

Similar companies in Aarhus

Questions and answers about IQ METAL A/S

Has IQ METAL A/S gone bankrupt?

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

What is the bankruptcy risk of IQ METAL A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the auditor of IQ METAL A/S?

IQ METAL A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was IQ METAL A/S founded?

IQ METAL A/S was founded on 21 April 1977.

What is the equity of IQ METAL A/S?

Equity was DKK 22.2m 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.