Kredsløb Fjernkøling A/S

CVR 43059459 · Public limited company (A/S) · Active · Low risk

Kredsløb Fjernkøling A/S is a Public limited company (A/S), founded on , based in Brabrand. The company is registered in the industry fjernvarmeforsyning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.0m and a net result of DKK 579k. CEO: Thomas Elgaard Jensen.

Bankruptcy risk for Kredsløb Fjernkøling 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

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
43059459
Status
Active
Company type
Public limited company (A/S)
Founded
(4 years)
Address
Karen Blixens Boulevard 7
8220 Brabrand
Municipality
Aarhus
Industry
Fjernvarmeforsyning (353000)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 400k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio1.9%
Current ratio223%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address14
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 6.0mDKK 5.6mDKK 4.7m
Gross profitDKK 3.8mDKK 3.0mDKK 3.3m
Net profitDKK 579kDKK 280kDKK 1.6m
EquityDKK 1.0mDKK 6.5mDKK 6.2m
Total assetsDKK 54.5mDKK 41.5mDKK 30.6m
CashDKK 2.7mDKK 4.4m–
Short-term debtDKK 4.1mDKK 4.6m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025167
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023162
14 Feb 2022 – 31 Dec 2022145

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
CEOThomas Elgaard JensenCurrent
CEOBjarne Munk Jensen
BoardThomas John RandCurrent
BoardJens Rishøj SkovCurrent
BoardSøren AdamsenCurrent
BoardLene van der Raad
BoardBjarne Munk Jensen
BoardLone Paulsen
BoardMikael Andreas Holm Geday
BoardLine Markert Christensen
Owner (100%)Kredsløb Holding A/SCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderKredsløb Holding A/SCurrent

The CEOs' other companies

Thomas Elgaard Jensen – 11 other companies

Bjarne Munk Jensen – 10 other companies

Address history (1 moves)

Karen Blixens Boulevard 7, 8220 Brabrand
Karen Blixens Boulevard 7, 8220 Brabrand

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Kredsløb Fjernkøling A/S

Has Kredsløb Fjernkøling A/S gone bankrupt?

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

What is the bankruptcy risk of Kredsløb Fjernkøling 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 CEO of Kredsløb Fjernkøling A/S?

Thomas Elgaard Jensen is the CEO of Kredsløb Fjernkøling A/S.

Who is the auditor of Kredsløb Fjernkøling A/S?

Kredsløb Fjernkøling A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Kredsløb Fjernkøling A/S founded?

Kredsløb Fjernkøling A/S was founded on 14 February 2022.

What is the equity of Kredsløb Fjernkøling A/S?

Equity was DKK 1.0m 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.