troels denmark A/S

CVR 69784828 · Public limited company (A/S) · Active · Low risk

troels denmark A/S is a Public limited company (A/S), founded on , based in Møldrup. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -549k and a net result of DKK 1.8m. CEO: Poul Frandsen.

Bankruptcy risk for troels denmark A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

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×
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×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
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
69784828
Status
Active
Company type
Public limited company (A/S)
Founded
(43 years)
Address
Vestergade 31
9632 Møldrup
Municipality
Viborg
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.0m
Employees
5 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late5 of 30
Missing annual reportNo
Negative equityYes
Equity ratio-11.2%
Current ratio67%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520252024
Gross profitDKK -1.8mDKK -1.2mDKK 472k
Net profitDKK 1.8mDKK -7.0mDKK -5.1m
EquityDKK -549kDKK -2.4mDKK 4.6m
Total assetsDKK 21.4mDKK 20.9mDKK 25.3m
CashDKK 1.9mDKK 595k–
Short-term debtDKK 21.9mDKK 23.3m–
Avg. employees66–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025191 Late
1 May 2023 – 30 Apr 2024169
1 May 2022 – 30 Apr 2023190 Late
1 May 2021 – 30 Apr 2022170
1 May 2020 – 30 Apr 2021136
1 May 2019 – 30 Apr 2020231 Late
1 May 2018 – 30 Apr 2019142
1 May 2017 – 30 Apr 2018127
1 May 2016 – 30 Apr 2017144
1 May 2015 – 30 Apr 2016122
1 May 2014 – 30 Apr 2015116
1 May 2013 – 30 Apr 2014162
1 May 2012 – 30 Apr 201356
1 May 2011 – 30 Apr 2012203 Late
1 May 2010 – 30 Apr 2011156
1 May 2009 – 30 Apr 2010156
1 May 2008 – 30 Apr 2009150
1 May 2007 – 30 Apr 2008153
1 May 2006 – 30 Apr 2007163
1 May 2005 – 30 Apr 2006142

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
CEOPoul FrandsenCurrent
CEOChristen Jørgen Troelsen
BoardPoul FrandsenCurrent
BoardHenrik Grosen AndersenCurrent
BoardMorten Bertelsen HertzCurrent
BoardChristen Jørgen Troelsen
BoardPoul Bjarne Jensen
BoardInger Troelsen
BoardBent Jakobsen
BoardJørgen Grønkjær
BoardBent Nielsen
BoardChristen Jørgen Troelsen
BoardMark Lederman
BoardBjarke Østergaard Pedersen
BoardJens Juul Dollerup Sørensen
BoardHans Riisager Holst
BoardSvend Østergaard Pedersen
BoardHans Henrik Okstrøm
BoardJan Snogdal
BoardSvend Østergaard Pedersen
BoardBjarke Østergaard Pedersen
Owner (100%)TOP-LINE MØBELPRODUKTION MØLDRUP A/SCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorKarl Erik Høj Andersen
AuditorDANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Poul Frandsen – 48 other companies, of which 3 bankrupt

Christen Jørgen Troelsen – 8 other companies, of which 1 bankrupt

Address history (2 moves)

Vestergade 31, 9632 Møldrup
Gravene 20, 7860 Spøttrup
c/o Jørgen Troelsen, Gravene 20, 7860 Spøttrup

Former names

troels denmark A/S – now
TROELSEN MØBLER A/S –

Employees per year

Number of employees at troels denmark A/S per year362011: 320112012: 420122013: 420132014: 420142015: 520152016: 620162017: 620172018: 52018

Other companies at the same address

Similar companies in Viborg

Questions and answers about troels denmark A/S

Has troels denmark A/S gone bankrupt?

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

What is the bankruptcy risk of troels denmark A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of troels denmark A/S?

Poul Frandsen is the CEO of troels denmark A/S.

Who is the auditor of troels denmark A/S?

troels denmark A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was troels denmark A/S founded?

troels denmark A/S was founded on 30 November 1982.

What is the equity of troels denmark A/S?

Equity was DKK -549k 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.