ARCTIC PAPER DANMARK A/S

CVR 43416715 · Public limited company (A/S) · Active · Low risk

ARCTIC PAPER DANMARK A/S is a Public limited company (A/S), founded on 31 January 1973, based in Assens. The company is registered in the industry engroshandel med bøger, papir og papirvarer. 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 (31 Dec 2025) shows equity of DKK 3.2m and a net result of DKK 430k. CEO: Leif-Arne Karlsen.

Bankruptcy risk for ARCTIC PAPER DANMARK 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

Website registeredYes · bankruptcy rate 12.0%1.4×

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Municipality changes3+ · bankruptcy rate 10.6%1.2×

Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Return on assets5%–15% · bankruptcy rate 3.5%0.39×

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: 43416715
Status: Active
Company type: Public limited company (A/S)
Founded: 31 January 1973 (53 years)
Address: c/o c/o Claus Nicolaisen, Ved Grotten 50
5610 Assens
Municipality: Assens
Industry: Engroshandel med bøger, papir og papirvarer (464920)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital: DKK 500k
Employees: 4 (2018)
Auditor: BDO Statsautoriseret Revisionspartnerselskab
Audit opted out: No

Warning signs

Annual reports filed late	1 of 31
Missing annual report	No
Negative equity	No
Equity ratio	90.0%
Current ratio	1,002%
Moves (last 2 years)	0
CEO changes in total	8
CEO's previous bankruptcies	0
Other companies at the address	0
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 2.5m	DKK 2.5m	DKK 2.3m
Net profit	DKK 430k	DKK 476k	DKK 364k
Equity	DKK 3.2m	DKK 2.8m	DKK 2.3m
Total assets	DKK 3.6m	DKK 3.3m	DKK 2.9m
Cash	DKK 3.3m	DKK 3.0m	–
Short-term debt	DKK 360k	DKK 500k	–
Tax owed	DKK 133k	DKK 143k	–
Avg. employees	2	2	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	8 Jun 2026	159
1 Jan 2024 – 31 Dec 2024	30 May 2025	150
1 Jan 2023 – 31 Dec 2023	7 Jun 2024	159
1 Jan 2022 – 31 Dec 2022	19 Jun 2023	170
1 Jan 2021 – 31 Dec 2021	23 May 2022	143
1 Jan 2020 – 31 Dec 2020	25 May 2021	145
1 Jan 2019 – 31 Dec 2019	7 May 2020	128
1 Jan 2018 – 31 Dec 2018	16 May 2019	136
1 Jan 2017 – 31 Dec 2017	3 Apr 2018	93
1 Jan 2016 – 31 Dec 2016	15 May 2017	135
1 Jan 2015 – 31 Dec 2015	26 Apr 2016	117
1 Jan 2014 – 31 Dec 2014	9 Jun 2015	160
1 Jan 2013 – 31 Dec 2013	17 Jun 2014	168
1 Jan 2012 – 31 Dec 2012	28 May 2013	148
1 Jan 2011 – 31 Dec 2011	13 Jun 2012	165
1 Jan 2010 – 31 Dec 2010	29 May 2011	149
1 Jan 2009 – 31 Dec 2009	22 Jun 2010	173
1 Jan 2008 – 31 Dec 2008	30 Jun 2009	181
1 Jan 2007 – 31 Dec 2007	19 Jun 2008	171
1 Jan 2006 – 31 Dec 2006	31 May 2007	151

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

Role	Name	From	To
CEO	Leif-Arne Karlsen	10 May 2011	Current
CEO	Helmer Ole Hermann Müller	31 Jan 1973	15 Aug 1988
CEO	Jens Buemann	31 Jan 1973	10 Mar 2003
CEO	Christian Boie Nordstrøm Mikkelsen	10 Mar 2003	2 Jun 2005
CEO	Jens Buemann	2 Jun 2005	1 Jan 2009
CEO	Ole Vedel Rasmussen	1 Jan 2009	10 May 2011
Board	Leif-Arne Karlsen	1 Jan 2009	Current
Board	Tom Fabian Langenskiöld	29 Mar 2019	Current
Board	Kent Arne Blom	19 Jun 2023	Current
Board	Helmer Ole Hermann Müller	31 Jan 1973	15 Aug 1988
Board	Per Fasting	31 Jan 1973	15 Jun 1994
Board	Bodil Axelsen Fasting	31 Jan 1973	11 May 1989
Board	Jens Buemann	31 Jan 1973	1 Jan 2009
Board	Ulf Goran Anders Langenskiold	31 Jan 1973	23 Apr 1992
Board	Kent Lennart Waldemar Larsson	31 Jan 1973	23 Apr 1992
Board	Rolf Olof Grundberg	31 Jan 1973	3 Nov 1995
Board	Per Ekander	31 Jan 1973	8 Feb 1999
Board	Ingemar Dahlquist	31 Jan 1973	3 Nov 1995
Board	Tomas Johansson	31 Jan 1973	8 Feb 1999
Board	Nils Klas Gastrin	3 Nov 1995	21 Jan 1999
Board	Lennart Larsson	31 May 1996	16 Feb 2001
Board	Bernt Oluf Brattstig	8 Feb 1999	16 Feb 2001
Board	Lech Bulzalski	8 Feb 1999	16 Feb 2001
Board	Håkan Holmèr	8 Feb 1999	16 Feb 2001
Board	Bengt Olof Axel	16 Feb 2001	16 Jul 2002
Board	Kjeld Arne Olsson	16 Feb 2001	6 Dec 2005
Board	Tor Ivar Löfqvist	17 Apr 2001	10 Mar 2003
Board	Christian Boie Nordstrøm Mikkelsen	10 Mar 2003	2 Jun 2005
Board	Svend Aage Dreist Hansen	2 Jun 2005	6 Dec 2005
Board	Lars Håkan Johansson	6 Dec 2005	11 Dec 2006
Board	Kjell Sverker Andreasson	11 Dec 2006	22 Mar 2013
Board	Lars-Åke Sigvard Fritzson	6 Dec 2007	26 Mar 2010
Board	Ole Vedel Rasmussen	1 Jan 2009	10 May 2011
Board	Anne Britt Heltne Heltmark	1 Jan 2009	26 Mar 2010
Board	Hans Olof Karlander	26 Mar 2010	1 Apr 2012
Board	Lars-Erik Eriksson	10 May 2011	27 Mar 2015
Board	Wolfgang Lübbert	1 Apr 2012	27 Mar 2015
Board	Jaroslaw Tomasz Furmanek	27 Mar 2015	29 Mar 2019
Board	Eva-Lena Birgitta Petersson	27 Mar 2015	29 Mar 2019
Board	Michal Pawel Sawka	27 Mar 2015	29 Mar 2019
Board	Bo Göran Eklund	29 Mar 2019	19 Jun 2023
Owner (100%)	Arctic Paper S.A	1 Jan 1999	Current
Auditor	BDO Statsautoriseret Revisionspartnerselskab	19 Aug 2025	Current
Auditor	REVISIONSFIRMAET E DEIBORG I/S	31 Jan 1973	16 Feb 2001
Auditor	EY Danmark A/S	16 Feb 2001	6 Apr 2011
Auditor	ERNST & YOUNG DENMARK P/S	6 Apr 2011	10 Oct 2014
Auditor	EY Godkendt Revisionspartnerselskab	10 Oct 2014	20 Oct 2016
Auditor	BDO Holding VII, statsautoriseret revisionsaktieselskab	20 Oct 2016	19 Aug 2025

The CEOs' other companies

Address history (3 moves)

27 Sep 2019	c/o c/o Claus Nicolaisen, Ved Grotten 50, 5610 Assens
13 Jul 2015	Korskildelund 6, 2670 Greve
16 Apr 2013	Ørestads Boulevard 73, 2300 København S
31 Jan 1973	Jydekrogen 18, 2625 Vallensbæk

Former names

ARCTIC PAPER DANMARK A/S	29 Nov 2002 – now
TREBRUK PAPIR A/S	25 Jun 1991 – 28 Nov 2002
TREBRUKS DANMARK ApS	24 Oct 1987 – 24 Jun 1991
MUNKEDAL PAPIR ApS	31 Jan 1973 – 23 Oct 1987

Employees per year

Questions and answers about ARCTIC PAPER DANMARK A/S

Has ARCTIC PAPER DANMARK A/S gone bankrupt?

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

What is the bankruptcy risk of ARCTIC PAPER DANMARK 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 ARCTIC PAPER DANMARK A/S?

Leif-Arne Karlsen is the CEO of ARCTIC PAPER DANMARK A/S.

Who is the auditor of ARCTIC PAPER DANMARK A/S?

ARCTIC PAPER DANMARK A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was ARCTIC PAPER DANMARK A/S founded?

ARCTIC PAPER DANMARK A/S was founded on 31 January 1973.

What is the equity of ARCTIC PAPER DANMARK A/S?

Equity was DKK 3.2m 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.