PETTINAROLI A/S NORTHERN EUROPE

CVR 58495913 · Public limited company (A/S) · Active · Low risk

PETTINAROLI A/S NORTHERN EUROPE is a Public limited company (A/S), founded on , based in Middelfart. The company is registered in the industry agenturhandel med tømmer og andre byggematerialer. 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 10.1m and a net result of DKK 2.8m.

Bankruptcy risk for PETTINAROLI A/S NORTHERN EUROPE

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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
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×

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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · 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
58495913
Status
Active
Company type
Public limited company (A/S)
Founded
(50 years)
Address
Mandal Alle 21
5500 Middelfart
Municipality
Middelfart
Industry
Agenturhandel med tømmer og andre byggematerialer (461300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
16 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio18.0%
Current ratio121%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 17.5mDKK 13.9m
Net profitDKK 2.8mDKK -745k
EquityDKK 10.1mDKK 7.4m
Total assetsDKK 56.3mDKK 58.1m
CashDKK 201k–
Short-term debtDKK 46.2m–
Avg. employees20–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025107
1 Jan 2024 – 31 Dec 2024115
1 Jan 2023 – 31 Dec 202399
1 Jan 2022 – 31 Dec 2022118
1 Jan 2021 – 31 Dec 2021145
1 Jan 2020 – 31 Dec 2020131
1 Jan 2019 – 31 Dec 2019182
1 Jan 2018 – 31 Dec 2018135
1 Jan 2017 – 31 Dec 201782
1 Jan 2016 – 31 Dec 201683
1 Jan 2015 – 31 Dec 2015102
1 Jan 2014 – 31 Dec 201498
1 Jan 2013 – 31 Dec 2013168
1 Jan 2012 – 31 Dec 2012101
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010115
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007115
1 Jan 2006 – 31 Dec 2006151

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
CEOJørgen Pedersen
CEOArne Clausen
BoardKim SvaneborgCurrent
BoardGiulio PettinaroliCurrent
BoardMaria Pia PettinaroliCurrent
BoardMorten LorentzenCurrent
BoardUgo Giovanni PettinaroliCurrent
BoardArne Clausen
BoardVita Agnethe Pedersen
BoardBent Ejgil Skjerning
BoardJohn Halkjær Rasmussen
BoardLaura Fortis
BoardJørgen Pedersen
BoardUgo Giovanni Pettinaroli
BoardBent Juul Jørgensen
BoardBent Juul Jørgensen
BoardUgo Giovanni Pettinaroli
Owner (50%)Svaneborg Holding ApSCurrent
Owner (50%)Fratelli Pettinaroli SpACurrent
Owner (50%)Fratelli Pettinaroli SpA
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorFlemming Bøgh Jørgensen
AuditorAB-kontoret ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Jørgen Pedersen – 6 other companies

Arne Clausen – 2 other companies

Address history (4 moves)

Mandal Alle 21, 5500 Middelfart
Mandal Alle 21, 5500 Middelfart
Mandal Alle 21, 5500 Middelfart
Mandal Alle 16A, 5500 Middelfart
Holkebjergvej 79, 5250 Odense SV

Former names

PETTINAROLI A/S NORTHERN EUROPE – now
PETTINAROLI NORTHERN EUROPE A/S –
JØRGEN PEDERSEN VVS ODENSE ApS –

Employees per year

Number of employees at PETTINAROLI A/S NORTHERN EUROPE per year10202011: 1720112012: 1820122013: 1820132014: 1720142015: 1620152016: 2020162017: 1620172018: 162018

Other companies at the same address

Similar companies in Middelfart

Questions and answers about PETTINAROLI A/S NORTHERN EUROPE

Has PETTINAROLI A/S NORTHERN EUROPE gone bankrupt?

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

What is the bankruptcy risk of PETTINAROLI A/S NORTHERN EUROPE?

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 auditor of PETTINAROLI A/S NORTHERN EUROPE?

PETTINAROLI A/S NORTHERN EUROPE most recently used Cedra Godkendt Revisionsaktieselskab.

When was PETTINAROLI A/S NORTHERN EUROPE founded?

PETTINAROLI A/S NORTHERN EUROPE was founded on 31 May 1976.

What is the equity of PETTINAROLI A/S NORTHERN EUROPE?

Equity was DKK 10.1m 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.