INNOVATION LIVING A/S
CVR 65699516 · Public limited company (A/S) · Active · Low risk
INNOVATION LIVING A/S is a Public limited company (A/S), founded on , based in Randers NØ. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 47.3m and a net result of DKK 656k. CEO: Morten Lind Mølgaard.
Bankruptcy risk for INNOVATION LIVING A/S
0.2 × the average (1.41%) · higher risk than 49% of active Danish companies
Increases the risk
Reduces the risk
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
- 65699516
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (45 years)
- Address
- Blommevej 38
8930 Randers NØ - Municipality
- Randers
- Industry
- Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler - Share capital
- DKK 10.0m
- Employees
- 51 (2018)
- Auditor
- REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 5 of 29 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 30.9% |
| Current ratio | 511% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 20 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 40.3m | DKK 49.2m | DKK 50.5m |
| Net profit | DKK 656k | DKK 8.8m | DKK 13.7m |
| Equity | DKK 47.3m | DKK 58.7m | DKK 49.3m |
| Total assets | DKK 152.9m | DKK 163.1m | DKK 173.4m |
| Cash | DKK 11.5m | DKK 13.5m | – |
| Short-term debt | DKK 15.3m | DKK 14.1m | – |
| Avg. employees | 52 | 56 | – |
Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Redmark, Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 184 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 181 | ||
| 1 Jan 2023 – 31 Dec 2023 | 187 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 171 | ||
| 1 Jan 2021 – 31 Dec 2021 | 181 | ||
| 1 Jan 2020 – 31 Dec 2020 | 161 | ||
| 1 Jan 2019 – 31 Dec 2019 | 225 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 154 | ||
| 1 Jan 2017 – 31 Dec 2017 | 149 | ||
| 1 Jan 2016 – 31 Dec 2016 | 153 | ||
| 1 Jan 2015 – 31 Dec 2015 | 146 | ||
| 1 Jan 2014 – 31 Dec 2014 | 110 | ||
| 1 Jan 2013 – 31 Dec 2013 | 87 | ||
| 1 Jan 2012 – 31 Dec 2012 | 127 | ||
| 1 Jan 2011 – 31 Dec 2011 | 143 | ||
| 1 Jan 2010 – 31 Dec 2010 | 124 | ||
| 1 Jan 2009 – 31 Dec 2009 | 153 | ||
| 1 Jan 2008 – 31 Dec 2008 | 148 | ||
| 1 Jan 2007 – 31 Dec 2007 | 157 | ||
| 1 Jan 2006 – 31 Dec 2006 | 158 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Morten Lind Mølgaard | Current | |
| CEO | Flemming Højfeldt | ||
| Board | John Maul Sørensen | Current | |
| Board | Mikael Finn Fabricius | Current | |
| Board | Jesper Fruelund | Current | |
| Board | Morten Lind Mølgaard | Current | |
| Board | Emil Pagter Højfeldt | Current | |
| Board | Finn Allan Gaarskjær Thomsen | ||
| Board | Knud Christian Timm | ||
| Board | Knud Christian Timm | ||
| Board | Anders Richard Sørensen | ||
| Board | Torben Halkjær | ||
| Board | Mona Christensen | ||
| Board | Mona Christensen | ||
| Board | Lisbeth Elfving Rasmussen | ||
| Board | Torben Jensen | ||
| Board | Preben Gunnar Wulff Rasmussen | ||
| Board | Preben Gunnar Wulff Rasmussen | ||
| Board | Inge Lise Karup Warberg | ||
| Board | René Møhlenberg | ||
| Board | Bente Ilsøe Laursen | ||
| Board | Lene Djernæs Kirkegaard | ||
| Board | Dorte Boe Pagter | ||
| Board | Johnny Andersen | ||
| Board | Bente Ilsøe Laursen | ||
| Board | Pernille Dyhr | ||
| Board | Anders Løgstrup Bay | ||
| Board | Helle Mørch-Johansen | ||
| Board | Flemming Højfeldt | ||
| Board | Marianne Bundgaard Laursen | ||
| Board | Per Weiss Andersen | ||
| Board | Inge Lise Karup Warberg | ||
| Board | Emil Pagter Højfeldt | ||
| Owner (67%) | INNOVATION HOLDING A/S | Current | |
| Owner (10%) | LIND HOLDING AF 17. APRIL ApS | Current | |
| Owner (10%) | EMHO 1 ApS | Current | |
| Owner (100%) | INNOVATION HOLDING A/S | ||
| Auditor | REDMARK, GODKENDT REVISIONSPARTNERSELSKAB | Current | |
| Auditor | KPMG C JESPERSEN I/S | ||
| Auditor | Revisionskontoret i Randers | ||
| Auditor | JCN, STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | JOKE, RANDERS A/S | ||
| Auditor | 18. juni 2024 P/S |
The CEOs' other companies
Morten Lind Mølgaard – 5 other companies
- Godsbanen-Erhverv ApS Active
- KRAGELUND FURNITURE ApS Fusioneret
- LIND HOLDING AF 17. APRIL ApS Active
- MAHO 1 ApS Active
- TM UDLEJNING A/S Active
Flemming Højfeldt – 22 other companies
- EJENDOMMEN BLOMMEVEJ 1, RANDERS ApS Active
- FH INVEST I ApS Opløst
- FH INVEST II ApS Opløst
- FH INVEST III ApS Opløst
- FH RANDERS ApS Fusioneret
- FLHO 1 ApS Fusioneret
- FLHO 100 ApS Fusioneret
- FLHO 2 ApS Fusioneret
- FLHO 2018 ApS Fusioneret
- FLHO 4 ApS Fusioneret
- FLHO 5 ApS Fusioneret
- FLHO 6 ApS Fusioneret
- FLHO 7 ApS Fusioneret
- INNOVATION EJENDOMME A/S Active
- INNOVATION HOLDING A/S Active
- Innovation Holding 2 ApS Active
- KRAGELUND FURNITURE ApS Fusioneret
- KUSLIN INVEST A/S Opløst
- Kragelund Furniture Holding ApS Fusioneret
- MAHO 1 ApS Active
- TM UDLEJNING A/S Active
- WEISS DESIGN WORKS ApS Opløst
Address history (2 moves)
| Blommevej 38, 8930 Randers NØ | |
| Blommevej 38, 8930 Randers NØ | |
| Blommevej 38, 8900 Randers C |
Former names
| INNOVATION LIVING A/S | – now |
| INNOVATION RANDERS A/S | – |
Employees per year
Other companies at the same address
- EJENDOMMEN BLOMMEVEJ 1, RANDERS ApS Active
- FH INVEST I ApS Opløst
- FH INVEST II ApS Opløst
- FH INVEST III ApS Opløst
- FH RANDERS ApS Fusioneret
- FLHO 1 ApS Fusioneret
- FLHO 2 ApS Fusioneret
- FLHO 2018 ApS Fusioneret
- FLHO 4 ApS Fusioneret
- FLHO 5 ApS Fusioneret
- FLHO 6 ApS Fusioneret
- FLHO 7 ApS Fusioneret
- FLHO 8 ApS Active
- INNOVATION EJENDOMME A/S Active
- INNOVATION HOLDING A/S Active
- Innovation Holding 2 ApS Active
- KRAGELUND FURNITURE ApS Fusioneret
- Kragelund Furniture Holding ApS Fusioneret
- TM UDLEJNING A/S Active
- WEISS DESIGN WORKS ApS Opløst
Similar companies in Randers
- SØREN LUND MØBLER A/S Gjerlev J
- aunins.com ApS Randers NV
- M. piilgaard ApS Randers SØ
- Strictly Design DK ApS Randers NV
- Combi Industri ApS Randers NV
- BY BANG ApS Randers NØ
- LAMIPRO A/S Randers SV
- A/S NIELS BACH. MØBELFABRIK Randers SØ
- AKTIESELSKABET AF 31. MAJ 2010 Gjerlev J
- DS Wood ApS Randers SØ
- Willums ApS Randers NV
- Found Denmark ApS Randers SV
Questions and answers about INNOVATION LIVING A/S
Has INNOVATION LIVING A/S gone bankrupt?
No, INNOVATION LIVING A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of INNOVATION LIVING A/S?
Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.
Who is the CEO of INNOVATION LIVING A/S?
Morten Lind Mølgaard is the CEO of INNOVATION LIVING A/S.
Who is the auditor of INNOVATION LIVING A/S?
INNOVATION LIVING A/S most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.
When was INNOVATION LIVING A/S founded?
INNOVATION LIVING A/S was founded on 9 June 1981.
What is the equity of INNOVATION LIVING A/S?
Equity was DKK 47.3m 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.