ASTARRI A/S

CVR 46481410 · Public limited company (A/S) · Active · Low risk

ASTARRI A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry fremstilling af belysningsartikler. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 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 Jul 2025) shows equity of DKK 21.9m and a net result of DKK -11.1m. CEO: Henrik Damtoft Nielsen.

Bankruptcy risk for ASTARRI A/S

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
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×
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×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
46481410
Status
Active
Company type
Public limited company (A/S)
Founded
(49 years)
Address
Egeskovvej 29
8700 Horsens
Municipality
Horsens
Industry
Fremstilling af belysningsartikler (274000)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr
Share capital
DKK 20.0m
Employees
70 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 29
Missing annual reportNo
Negative equityNo
Equity ratio29.6%
Current ratio135%
Moves (last 2 years)0
CEO changes in total14
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 31.4mDKK 20.9m
Net profitDKK -11.1mDKK -19.4m
EquityDKK 21.9mDKK 33.0m
Total assetsDKK 74.1mDKK 94.7m
CashDKK 621k–
Short-term debtDKK 52.2m–
Avg. employees71–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Aug 2024 – 31 Jul 2025117
1 Aug 2023 – 31 Jul 2024117
1 Aug 2022 – 31 Jul 2023121
1 Aug 2021 – 31 Jul 2022120
1 Aug 2020 – 31 Jul 2021111
1 Jan 2019 – 31 Dec 2019189 Late
1 Jan 2018 – 31 Dec 201859
1 Jan 2017 – 31 Dec 2017107
1 Jan 2016 – 31 Dec 201675
1 Jan 2015 – 31 Dec 201577
1 Jan 2014 – 31 Dec 201477
1 Jan 2013 – 31 Dec 201384
1 Jan 2012 – 31 Dec 201270
1 Jan 2011 – 31 Dec 201180
1 Jan 2010 – 31 Dec 201075
1 Jan 2009 – 31 Dec 2009131
1 Jan 2008 – 31 Dec 200875
1 Jan 2007 – 31 Dec 200784
1 Jan 2006 – 31 Dec 200681
1 Jan 2005 – 31 Dec 200586

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
CEOHenrik Damtoft NielsenCurrent
CEOHenning Gerner Jensen
CEOJørgen Wauvert Brorson
CEOBenny Frandsen
CEOSøren Schøllhammer
CEOAnne Marie Düring Lausen
CEOChristian Schmidt Broe
CEOMartin Kornbek Hansen
BoardAnders Holch PovlsenCurrent
BoardLise KaaeCurrent
BoardMartin Kornbek HansenCurrent
BoardBenny Frandsen
BoardOle Riis Ebbesen
BoardErick Marcus Poull Lenskjold
BoardPoul Møller Andersen
BoardHans Carl Christian Kleberg
BoardNiels Arne Beyer Jepsen
BoardLeif Henning Nielsen
BoardHarald Hansen
BoardHans Ernst Hoffmann
BoardHenning Gerner Jensen
BoardNiels Erik Raasthøj
BoardBent Aage Petersen
BoardHans Peter Ernst Hersland
BoardJohn Hansen
BoardBenny Frandsen
BoardJørgen Wauvert Brorson
BoardInge Lynggaard Frandsen
BoardPoul Erik Kesting
BoardHarald Hansen
BoardAnders Bodilsen
BoardBent Aage Petersen
BoardFinn Andersen
BoardLars Wedege
BoardBenny Frandsen
BoardJohannes Poulsen
BoardDorte Nørgaard Christensen
BoardGeorg Sørensen
BoardPernille Lynggaard Frandsen
BoardPeter Frandsen
BoardJesper Ganzhorn Ørskov
BoardTorben Paulin
BoardBenny Frandsen
BoardTorben Paulin
BoardTroels Holch Povlsen
BoardJames Peter Gough
BoardJan Willem Peter Lodder
BoardAdam Christian Dantzer
BoardMartin Kornbek Hansen
BoardLise Kaae
Owner (25%)NOE HOLDING ApSCurrent
Owner (67%)Brightfolk A/SCurrent
Owner (10%)DNC HOLDING ApS
Owner (67%)FRANDSEN SKANDERBORG HOLDING ApS
Owner (50%)Frandsen Skb.Holding ApS
Owner (15%)PPCG Holding ApS
Owner (15%)Pernille Lynggaard Holding ApS
Owner (100%)NINE UNITED A/S
Owner (100%)UNION NINE A/S
Owner (67%)UNION NINE A/S
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorTIMMERMANN REVISION ApS
AuditorREVISIONSAKTIESELSKABET AF 1/7 1996. VEJLE
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorPartner Revision statsautoriseret revisionsaktieselskab

The CEOs' other companies

Henrik Damtoft Nielsen – 16 other companies, of which 4 bankrupt

Jørgen Wauvert Brorson – 21 other companies, of which 8 bankrupt

Benny Frandsen – 11 other companies, of which 3 bankrupt

Søren Schøllhammer – 17 other companies, of which 2 bankrupt

Anne Marie Düring Lausen – 26 other companies, of which 1 bankrupt

Christian Schmidt Broe – 7 other companies, of which 1 bankrupt

Martin Kornbek Hansen – 11 other companies

Address history (4 moves)

Egeskovvej 29, 8700 Horsens
Egeskovvej 29, 8700 Horsens
Egeskovvej 29, 8700 Horsens
Industrivej 8, 8740 Brædstrup
Industrivej 8, 8740 Brædstrup

Former names

ASTARRI A/S – now
NINE UNITED SCANDINAVIA A/S –
FRANDSEN LIGHTING A/S –
FRANDSEN/LYSKILDE A/S –
FRANDSEN BELYSNING, SKANDERBORG ApS –

Employees per year

Number of employees at ASTARRI A/S per year35702011: 4420112012: 4420122013: 4620132014: 5620142015: 6520152016: 6220162017: 6820172018: 702018

Other companies at the same address

Similar companies in Horsens

Questions and answers about ASTARRI A/S

Has ASTARRI A/S gone bankrupt?

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

What is the bankruptcy risk of ASTARRI A/S?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of ASTARRI A/S?

Henrik Damtoft Nielsen is the CEO of ASTARRI A/S.

Who is the auditor of ASTARRI A/S?

ASTARRI A/S most recently used EY Godkendt Revisionspartnerselskab.

When was ASTARRI A/S founded?

ASTARRI A/S was founded on 13 October 1977.

What is the equity of ASTARRI A/S?

Equity was DKK 21.9m according to the annual report for the period ending 31 July 2025.

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