INTERNATIONAL BAG INDUSTRY A/S

CVR 51830113 · Public limited company (A/S) · Active · Low risk

INTERNATIONAL BAG INDUSTRY A/S is a Public limited company (A/S), founded on , based in Vojens. The company is registered in the industry fremstilling af plastemballage. 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, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 2.4m and a net result of DKK 140k. CEO: Johnny Nielsen.

Bankruptcy risk for INTERNATIONAL BAG INDUSTRY A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · 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×

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
51830113
Status
Active
Company type
Public limited company (A/S)
Founded
(51 years)
Address
Strandelhjørn Bygade 15
6500 Vojens
Municipality
Haderslev
Industry
Fremstilling af plastemballage (222200)
Bankruptcies in the industry: Fremstilling af andre plastprodukter
Share capital
DKK 1.5m
Employees
20 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 30
Missing annual reportNo
Negative equityNo
Equity ratio27.2%
Current ratio78%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 6.1mDKK 5.8m
Net profitDKK 140kDKK 323k
EquityDKK 2.4mDKK 2.3m
Total assetsDKK 8.9mDKK 8.8m
CashDKK 244k–
Short-term debtDKK 5.5m–
Avg. employees15–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025147
1 Jul 2023 – 30 Jun 2024134
1 Jul 2022 – 30 Jun 2023193 Late
1 Jul 2021 – 30 Jun 2022176
1 Jul 2020 – 30 Jun 2021156
1 Jul 2019 – 30 Jun 2020121
1 Jul 2018 – 30 Jun 201995
1 Jul 2017 – 30 Jun 201888
1 Jul 2016 – 30 Jun 2017108
1 Jul 2015 – 30 Jun 2016133
1 Jul 2014 – 30 Jun 2015152
1 Jul 2013 – 30 Jun 201466
1 Jul 2012 – 30 Jun 2013137
1 Jul 2011 – 30 Jun 2012125
1 Jul 2010 – 30 Jun 2011151
1 Jul 2009 – 30 Jun 2010113
1 Jul 2008 – 30 Jun 2009140
1 Jul 2007 – 30 Jun 2008160
1 Jul 2006 – 30 Jun 2007155
1 Jul 2005 – 30 Jun 2006166

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
CEOJohnny NielsenCurrent
CEOWerner Rudolph Ibing
CEOOlga Christine Ibing
CEOBørge Robert Nielsen
BoardPer FogtmannCurrent
BoardJohnny NielsenCurrent
BoardAlina NielsenCurrent
BoardKeld Lauenborg
BoardPoul Erik Tarp
BoardWerner Rudolph Ibing
BoardOlga Christine Ibing
BoardKnud Petersen
BoardOve Porsholt Andreasen
BoardBørge Robert Nielsen
BoardElisabeth Holm
BoardVerner Axelsen Holm
BoardJohnny Nielsen
BoardSteen Falsner
BoardInge Nissen
BoardIvan Tyrsted
BoardElli Christine Nielsen
BoardHelle Kristiansen
Owner (100%)I.B.I. HOLDING ApSCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorK.E. INVEST aps
AuditorK.E.SIMONSEN aps
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorEY Godkendt Revisionspartnerselskab

The CEOs' other companies

Johnny Nielsen – 1 other companies

Werner Rudolph Ibing – 2 other companies

Olga Christine Ibing – 1 other companies

Børge Robert Nielsen – 3 other companies

Address history (2 moves)

Strandelhjørn Bygade 15, 6500 Vojens
Strandelhjørn Bygade 15, 6500 Vojens
Strandelhjørn Bygade 15, 6500 Vojens

Employees per year

Number of employees at INTERNATIONAL BAG INDUSTRY A/S per year10202011: 1420112012: 1420122013: 2020132014: 2020142015: 1920152016: 1920162017: 2020172018: 202018

Other companies at the same address

Questions and answers about INTERNATIONAL BAG INDUSTRY A/S

Has INTERNATIONAL BAG INDUSTRY A/S gone bankrupt?

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

What is the bankruptcy risk of INTERNATIONAL BAG INDUSTRY 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 INTERNATIONAL BAG INDUSTRY A/S?

Johnny Nielsen is the CEO of INTERNATIONAL BAG INDUSTRY A/S.

Who is the auditor of INTERNATIONAL BAG INDUSTRY A/S?

INTERNATIONAL BAG INDUSTRY A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was INTERNATIONAL BAG INDUSTRY A/S founded?

INTERNATIONAL BAG INDUSTRY A/S was founded on 7 March 1975.

What is the equity of INTERNATIONAL BAG INDUSTRY A/S?

Equity was DKK 2.4m according to the annual report for the period ending 30 June 2025.

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