Thermax Chemical Europe A/S

CVR 45326640 · Public limited company (A/S) · Active · Medium risk

Thermax Chemical Europe A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry engroshandel med kemiske produkter. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Mar 2026) shows equity of DKK 2.1m and a net result of DKK 145k. CEO: Allan Harritslev Nielsen.

Bankruptcy risk for Thermax Chemical Europe A/S

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×

Reduces the risk

Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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×

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
45326640
Status
Active
Company type
Public limited company (A/S)
Founded
(1 years)
Address
Industrivej Nord 13
7400 Herning
Municipality
Herning
Industry
Engroshandel med kemiske produkter (468500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio11.4%
Current ratio113%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
Gross profitDKK 6.6m–
Net profitDKK 145k–
EquityDKK 2.1mDKK 2.0m
Total assetsDKK 18.7m–
CashDKK 772k–
Short-term debtDKK 16.6m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
6 Dec 2024 – 31 Mar 2026101

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
CEOAllan Harritslev NielsenCurrent
CEOKasper Sommer
BoardPeter OvergaardCurrent
BoardSwapnil Vitthal DhumaneCurrent
BoardDinesh Satyanarayanji MandhanaCurrent
Owner (100%)THERMAX DENMARK ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderTHERMAX DENMARK ApSCurrent

The CEOs' other companies

Allan Harritslev Nielsen – 5 other companies

Address history (0 moves)

Industrivej Nord 13, 7400 Herning

Other companies at the same address

Similar companies in Herning

Questions and answers about Thermax Chemical Europe A/S

Has Thermax Chemical Europe A/S gone bankrupt?

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

What is the bankruptcy risk of Thermax Chemical Europe A/S?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Thermax Chemical Europe A/S?

Allan Harritslev Nielsen is the CEO of Thermax Chemical Europe A/S.

Who is the auditor of Thermax Chemical Europe A/S?

Thermax Chemical Europe A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Thermax Chemical Europe A/S founded?

Thermax Chemical Europe A/S was founded on 6 December 2024.

What is the equity of Thermax Chemical Europe A/S?

Equity was DKK 2.1m according to the annual report for the period ending 31 March 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.