PALLE IVERSEN A/S

CVR 73790212 · Public limited company (A/S) · Active · Low risk

PALLE IVERSEN A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry engroshandel med metaller og metalmalme. 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 (30 Apr 2026) shows equity of DKK 118.7m and a net result of DKK 9.2m. CEO: Claus Grøn Iversen.

Bankruptcy risk for PALLE IVERSEN A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

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
73790212
Status
Active
Company type
Public limited company (A/S)
Founded
(43 years)
Address
Gammelmarksvej 25
7100 Vejle
Municipality
Vejle
Industry
Engroshandel med metaller og metalmalme (468200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.3m
Employees
21 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio45.1%
Current ratio302%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Revenue–DKK 366.5mDKK 449.7m
Gross profitDKK 27.6mDKK 27.5mDKK 34.7m
Net profitDKK 9.2mDKK 9.0mDKK 15.9m
EquityDKK 118.7mDKK 114.9mDKK 116.2m
Total assetsDKK 263.3mDKK 247.7mDKK 219.2m
CashDKK 3DKK 3–
Short-term debtDKK 82.9mDKK 70.3m–
Tax owedDKK 2.6mDKK 2.9m–
Avg. employees1615–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026155
1 May 2024 – 30 Apr 2025182
1 May 2023 – 30 Apr 2024162
1 May 2022 – 30 Apr 2023135
1 May 2021 – 30 Apr 2022139
1 May 2020 – 30 Apr 2021154
1 May 2019 – 30 Apr 2020151
1 May 2018 – 30 Apr 2019134
1 May 2017 – 30 Apr 2018128
1 May 2016 – 30 Apr 2017135
1 May 2015 – 30 Apr 2016131
1 May 2014 – 30 Apr 2015144
1 May 2013 – 30 Apr 2014163
1 May 2012 – 30 Apr 2013160
1 May 2011 – 30 Apr 2012169
1 May 2010 – 30 Apr 2011166
1 May 2009 – 30 Apr 2010171
1 May 2008 – 30 Apr 2009157
1 May 2007 – 30 Apr 2008159
1 May 2006 – 30 Apr 2007163

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
CEOClaus Grøn IversenCurrent
CEOEjner Gramm Mogensen
CEOPalle Grøn Iversen
BoardPalle Grøn IversenCurrent
BoardClaus Grøn IversenCurrent
BoardJesper Grøn IversenCurrent
BoardMorten Kolding IversenCurrent
BoardElsebeth Gylling KjærsgaardCurrent
BoardHenrik Klougart
BoardEjner Gramm Mogensen
BoardJette Sandberg Iversen
BoardMorten Kolding Iversen
BoardTonny Vangsgaard Gravesen
Owner (100%)PI GROUP HOLDING ApSCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorREVISIONSSELSKABET AF 22/12-81 ApS
AuditorREVISIONSSELSKABET AF 12/8 1993 ApS
AuditorREVISIONSSELSKABET AF 12/8 1993 ApS
AuditorAnders Christian Worsøe Mogensen
AuditorREVISIONSSELSKABET AF 12/8 1993 ApS
AuditorSusanne Møller Andersen
AuditorREVISIONSSELSKABET AF 12/8 1993 ApS
AuditorPBH 22.357 ApS
AuditorMARTINSEN, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Claus Grøn Iversen – 18 other companies, of which 2 bankrupt

Ejner Gramm Mogensen – 6 other companies

Palle Grøn Iversen – 22 other companies, of which 3 bankrupt

Address history (4 moves)

Gammelmarksvej 25, 7100 Vejle
Toldbodvej 9, 7100 Vejle
Toldbodvej 9, 7100 Vejle
Toldbodvej 11, 7100 Vejle
Toldbodvej 9, 7100 Vejle

Former names

PALLE IVERSEN A/S – now
PALLE IVERSEN TRADING A/S –
PALLE IVERSEN TRADING ApS –
GM THERM ApS –

Employees per year

Number of employees at PALLE IVERSEN A/S per year11212011: 2120112012: 1820122013: 1620132014: 1720142015: 1820152016: 1720162017: 1920172018: 212018

Other companies at the same address

Similar companies in Vejle

Questions and answers about PALLE IVERSEN A/S

Has PALLE IVERSEN A/S gone bankrupt?

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

What is the bankruptcy risk of PALLE IVERSEN 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 PALLE IVERSEN A/S?

Claus Grøn Iversen is the CEO of PALLE IVERSEN A/S.

Who is the auditor of PALLE IVERSEN A/S?

PALLE IVERSEN A/S most recently used EY Godkendt Revisionspartnerselskab.

When was PALLE IVERSEN A/S founded?

PALLE IVERSEN A/S was founded on 1 October 1983.

What is the equity of PALLE IVERSEN A/S?

Equity was DKK 118.7m according to the annual report for the period ending 30 April 2026.

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