FRINOVA A/S

CVR 70144417 · Public limited company (A/S) · Active · Low risk

FRINOVA A/S is a Public limited company (A/S), founded on , based in Aabenraa. The company is registered in the industry udlejning af erhvervsejendomme. 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 161.8m and a net result of DKK 8.7m. CEO: Klaus Kristensen.

Bankruptcy risk for FRINOVA A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×

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
70144417
Status
Active
Company type
Public limited company (A/S)
Founded
(43 years)
Address
Varnæsvej 145
6200 Aabenraa
Municipality
Aabenraa
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 500k
Employees
2 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityNo
Equity ratio81.8%
Current ratio605%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.1mDKK 5.0m
Net profitDKK 8.7mDKK 14.6m
EquityDKK 161.8mDKK 155.1m
Total assetsDKK 197.8mDKK 194.4m
CashDKK 8.1m–
Short-term debtDKK 28.5m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023131
1 Jan 2022 – 31 Dec 2022136
1 Jan 2021 – 31 Dec 2021130
1 Jan 2020 – 31 Dec 2020123
1 Jan 2019 – 31 Dec 2019113
1 Jan 2018 – 31 Dec 2018127
1 Jan 2017 – 31 Dec 2017135
1 Jun 2015 – 31 May 2016161
1 Jun 2014 – 31 May 2015101
1 Jun 2013 – 31 May 2014109
1 Jun 2012 – 31 May 2013118
1 Jun 2011 – 31 May 2012162
1 Jun 2010 – 31 May 2011161
1 Jun 2009 – 31 May 2010149
1 Jun 2008 – 31 May 2009142
1 Jun 2007 – 31 May 2008144
1 Jun 2006 – 31 May 2007157
1 Jun 2005 – 31 May 2006154

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
CEOKlaus KristensenCurrent
BoardLisbet Charlotte KristensenCurrent
BoardKlaus KristensenCurrent
BoardMalene OlesenCurrent
BoardAnne-Mette KristensenCurrent
BoardMads KristensenCurrent
BoardKarl Heinz Kraushaar
BoardTorben Ivarsson
BoardJens Christian Schultz
BoardRolf Mikael Blomqvist
Owner (25%)Malene OlesenCurrent
Owner (25%)Anne-Mette KristensenCurrent
Owner (25%)Mads KristensenCurrent
Owner (10%)Famnova ApSCurrent
Owner (10%)Klaus Kristensen
Owner (10%)Midlertidig Frinova ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorSTATSAUTORISERET REVISIONSAKTIESELSKAB AF 1. JULI 1998
AuditorSTATSAUTORISERET REVISIONSAKTIESELSKAB AF 1. JULI 1998
AuditorEY Godkendt Revisionspartnerselskab

The CEOs' other companies

Klaus Kristensen – 22 other companies, of which 2 bankrupt

Address history (7 moves)

Varnæsvej 145, 6200 Aabenraa
Varnæsvej 145, 6200 Aabenraa
Kometvej 26, 6230 Rødekro
Varnæsvej 145, 6200 Aabenraa
Kometvej 26, 6230 Rødekro
Kometvej 26, 6230 Rødekro
Kometvej 36, 6230 Rødekro
Kometvej 26, 6230 Rødekro

Former names

FRINOVA A/S – now
FRINOVA HOLDING A/S –
IVARSSON HOLDING A/S –
T. IVARSSON & CO. A/S –

Employees per year

Number of employees at FRINOVA A/S per year352011: 220112012: 220122013: 220132014: 220142015: 220152016: 520162017: 220172018: 22018

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about FRINOVA A/S

Has FRINOVA A/S gone bankrupt?

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

What is the bankruptcy risk of FRINOVA 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 FRINOVA A/S?

Klaus Kristensen is the CEO of FRINOVA A/S.

Who is the auditor of FRINOVA A/S?

FRINOVA A/S most recently used EY Godkendt Revisionspartnerselskab.

When was FRINOVA A/S founded?

FRINOVA A/S was founded on 29 December 1982.

What is the equity of FRINOVA A/S?

Equity was DKK 161.8m 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.