CERO & ETAGE A/S

CVR 43838415 · Public limited company (A/S) · Active · Low risk

CERO & ETAGE A/S is a Public limited company (A/S), founded on , based in Skanderborg. The company is registered in the industry engroshandel med beklædning. 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 12.4m and a net result of DKK -151k. CEO: Carin Lundgaard.

Bankruptcy risk for CERO & ETAGE A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
43838415
Status
Active
Company type
Public limited company (A/S)
Founded
(51 years)
Address
Industrivej 8
8660 Skanderborg
Municipality
Skanderborg
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 2.0m
Employees
15 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late7 of 31
Missing annual reportNo
Negative equityNo
Equity ratio45.5%
Current ratio133%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies1
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 9.4mDKK 10.4m
Net profitDKK -151kDKK 172k
EquityDKK 12.4mDKK 11.1m
Total assetsDKK 27.3mDKK 28.8m
CashDKK 388k–
Short-term debtDKK 13.4m–
Avg. employees13–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024104
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022120
1 Jan 2021 – 31 Dec 2021174
1 Jan 2020 – 31 Dec 2020144
1 Jan 2019 – 31 Dec 2019133
1 Jan 2018 – 31 Dec 201873
1 Jan 2017 – 31 Dec 2017136
1 Jan 2016 – 31 Dec 2016117
1 Jan 2015 – 31 Dec 2015118
1 Jan 2014 – 31 Dec 2014107
1 Jan 2013 – 31 Dec 2013144
1 Jan 2012 – 31 Dec 2012113
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007143
1 Jan 2006 – 31 Dec 2006165

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
CEOCarin LundgaardCurrent
CEOChristian Jonsbak Uttrup
CEOMax Petersen
CEOHans Aarup Christensen
BoardCarin LundgaardCurrent
BoardClaus Harry MikkelsenCurrent
BoardKarsten LundgaardCurrent
BoardKarsten Søholm
BoardJens Iversen
BoardMax Petersen
BoardMax Schaumann Thomsen
BoardJan Stig Andersen
BoardPreben Kragelund
BoardJørgen Flodgaard
Owner (100%)BLVD HOLDING A/SCurrent
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorEY Danmark A/S
AuditorEJENDOMSSELSKABET KLÆDEMÅLET A/S
AuditorCOLDING & PEDERSEN REVISIONSAKTIESELSKAB
AuditorEY Danmark A/S
AuditorERNST & YOUNG DENMARK P/S
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorBeierholm Godkendt Revisionspartnerselskab

The CEOs' other companies

Carin Lundgaard – 9 other companies, of which 1 bankrupt

Christian Jonsbak Uttrup – 12 other companies, of which 4 bankrupt

Max Petersen – 27 other companies, of which 2 bankrupt

Hans Aarup Christensen – 2 other companies, of which 1 bankrupt

Address history (4 moves)

Industrivej 8, 8660 Skanderborg
Industrivej 8, 8660 Skanderborg
Nydamsvej 2, 8362 Hørning
Søren Frichs Vej 34, 8230 Åbyhøj
Nørrevænget 1, 8600 Silkeborg

Former names

CERO & ETAGE A/S – now
ETAGE A/S –
SYSTEM-KONSULENT ApS –

Employees per year

Number of employees at CERO & ETAGE A/S per year8162011: 1420112012: 1420122013: 1220132014: 1620142015: 1620152016: 1620162017: 1620172018: 152018

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about CERO & ETAGE A/S

Has CERO & ETAGE A/S gone bankrupt?

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

What is the bankruptcy risk of CERO & ETAGE 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 CERO & ETAGE A/S?

Carin Lundgaard is the CEO of CERO & ETAGE A/S.

Who is the auditor of CERO & ETAGE A/S?

CERO & ETAGE A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was CERO & ETAGE A/S founded?

CERO & ETAGE A/S was founded on 22 September 1975.

What is the equity of CERO & ETAGE A/S?

Equity was DKK 12.4m 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.