Elas Estate A/S

CVR 78621419 · Public limited company (A/S) · Active · Low risk

Elas Estate A/S is a Public limited company (A/S), founded on , based in Herning. 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 Jul 2026) shows equity of DKK 8.7m and a net result of DKK 1.2m. CEO: Mads Boll.

Bankruptcy risk for Elas Estate 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

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · 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
78621419
Status
Active
Company type
Public limited company (A/S)
Founded
(41 years)
Address
Industrivej Nord 1
7400 Herning
Municipality
Herning
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 500k
Employees
0 (2018)
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 31
Missing annual reportNo
Negative equityNo
Equity ratio57.8%
Current ratio9%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 2.0mDKK 1.6mDKK 1.6m
Net profitDKK 1.2mDKK 840kDKK 1.0m
EquityDKK 8.7mDKK 7.5mDKK 6.7m
Total assetsDKK 15.0mDKK 15.8mDKK 17.9m
CashDKK 107kDKK 331k–
Short-term debtDKK 1.3mDKK 1.5m–
Tax owedDKK 356kDKK 281k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Aug 2025 – 31 Jul 202666
1 Aug 2024 – 31 Jul 202567
1 Aug 2023 – 31 Jul 202461
1 Aug 2022 – 31 Jul 202363
1 Aug 2021 – 31 Jul 202264
1 Aug 2020 – 31 Jul 202176
1 Aug 2019 – 31 Jul 202060
1 Aug 2018 – 31 Jul 201958
1 Aug 2017 – 31 Jul 201870
1 Aug 2016 – 31 Jul 201777
1 Aug 2015 – 31 Jul 201674
1 Aug 2014 – 31 Jul 201581
1 Aug 2013 – 31 Jul 201474
1 Aug 2012 – 31 Jul 201371
1 Aug 2011 – 31 Jul 201273
1 Aug 2010 – 31 Jul 201198
1 Aug 2009 – 31 Jul 201074
1 Aug 2008 – 31 Jul 200983
1 Aug 2007 – 31 Jul 2008112
1 Aug 2006 – 31 Jul 200798

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
CEOMads BollCurrent
CEOErik Harring Mølgaard Boll
CEOPoul Erik Boll
CEOJens Woge Davidsen
BoardMads BollCurrent
BoardAnders BollCurrent
BoardMaria Louise BollCurrent
BoardAnita Sehested BollCurrent
BoardErik Harring Mølgaard Boll
BoardPoul Erik Boll
BoardJens Woge Davidsen
BoardKirsten Boll
BoardElna Kristine Boll
BoardAnders Boll
Owner (50%)MABO HOLDING ApSCurrent
Owner (50%)A. BOLL HOLDING ApSCurrent
Owner (100%)P. BOLL HOLDING A/S
AuditorSR. STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorCOLDING & PEDERSEN REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorPartner Revision statsautoriseret revisionsaktieselskab

The CEOs' other companies

Mads Boll – 5 other companies

Erik Harring Mølgaard Boll – 1 other companies

Poul Erik Boll – 5 other companies

Jens Woge Davidsen – 6 other companies, of which 1 bankrupt

Address history (1 moves)

Industrivej Nord 1, 7400 Herning
Industrivej Nord 1, 7400 Herning

Former names

Elas Estate A/S – now
P.B. INVEST A/S –
A/S ELASTIKFABRIKEN ELAS –

Employees per year

Number of employees at Elas Estate A/S per year232011: 320112012: 220122013: 120132014: 120142015: 220152016: 120162017: 220172018: 02018

Other companies at the same address

Similar companies in Herning

Questions and answers about Elas Estate A/S

Has Elas Estate A/S gone bankrupt?

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

What is the bankruptcy risk of Elas Estate 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 Elas Estate A/S?

Mads Boll is the CEO of Elas Estate A/S.

Who is the auditor of Elas Estate A/S?

Elas Estate A/S most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was Elas Estate A/S founded?

Elas Estate A/S was founded on 29 August 1985.

What is the equity of Elas Estate A/S?

Equity was DKK 8.7m according to the annual report for the period ending 31 July 2026.

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