MIDT FACTORING A/S

CVR 83712619 · Public limited company (A/S) · Active · Low risk

MIDT FACTORING A/S is a Public limited company (A/S), founded on , based in Ikast. The company is registered in the industry andre kreditselskabers aktiviteter. 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 127.9m and a net result of DKK 32.4m.

Bankruptcy risk for MIDT FACTORING 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Reporting classReporting class C, medium-size enterprise · bankruptcy rate 0.8%0.09×
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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
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
83712619
Status
Active
Company type
Public limited company (A/S)
Founded
(48 years)
Address
Nygade 111
7430 Ikast
Municipality
Ikast-Brande
Industry
Andre kreditselskabers aktiviteter (649230)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40.0m
Employees
56 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityNo
Equity ratio5.3%
Current ratio105%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 153.6mDKK 168.0mDKK 166.3m
Gross profitDKK 107.4mDKK 109.1mDKK 112.6m
Net profitDKK 32.4mDKK 35.6mDKK 39.7m
EquityDKK 127.9mDKK 130.5mDKK 134.9m
Total assetsDKK 2.4bnDKK 1.8bnDKK 1.8bn
CashDKK 352.4mDKK 289.4m–
Short-term debtDKK 2.3bnDKK 1.7bn–
Tax owedDKK 0DKK 0–

Latest annual report: Reporting class C, medium-size enterprise · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202585
1 Jan 2024 – 31 Dec 202471
1 Jan 2023 – 31 Dec 202368
1 Jan 2022 – 31 Dec 202273
1 Jan 2021 – 31 Dec 202179
1 Jan 2020 – 31 Dec 202055
1 Jan 2019 – 31 Dec 201984
1 Jan 2018 – 31 Dec 201863
1 Jan 2017 – 31 Dec 201758
1 Jan 2016 – 31 Dec 201669
1 Jan 2015 – 31 Dec 201549
1 Jan 2014 – 31 Dec 201458
1 Jan 2013 – 31 Dec 201398
1 Jan 2012 – 31 Dec 2012114
1 Jan 2011 – 31 Dec 201151
1 Jan 2010 – 31 Dec 201075
1 Jan 2009 – 31 Dec 200998
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 200797
1 Jan 2006 – 31 Dec 2006179

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
CEOCarl Aage Nielsen
CEOJørgen Vagn Larsen
BoardXavier Raymond Robert FlognyCurrent
BoardVincent-Pierre CasaubonCurrent
BoardAnne Cécile DelasCurrent
BoardZdenek MetelákCurrent
BoardCarl Aage Nielsen
BoardMads Eg Damgaard
BoardJørgen Vagn Larsen
BoardAnders Klausen
BoardEgon Krogh Damgaard
BoardPoul Wentzer Licht
BoardBjarne Helge Jensen
BoardKnud Overgaard Jakobsen
BoardKim Hellum
BoardFlemming Rohde
BoardAsger Kastbjerg
BoardAage Skov Christophersen
BoardEgon Korsbæk
BoardJens Nielsen
BoardFinn Strier Poulsen
BoardMichael Christensen
BoardCarl Christian Nielsen
BoardKeld Ingolf Agesen
BoardJens Belling
BoardBenoît Claire
BoardFlemming Sørensen
BoardFrédéric Bourgeois
BoardLone Thorsen
BoardMelanie Knudsen
BoardJochen Böhm
BoardStefan Andreas Brauel
BoardFranz J. Michel
BoardChristian Vollbehr
BoardRoger Eugène Immanuël Oenen
BoardSophie Chantal Lazarevitch
BoardHélène Marie Agnès Baque
BoardChristophe Marie Bernard Le Conte Chrestien de Poly
BoardDorthe Lindved
BoardAnne-Claire Danièle Charlotte Guy épouse Le Conte
BoardQuoc-Bâo Tran
BoardChristophe Carles
BoardTeresa Mora Grenier
BoardFrancoise Claude Paulette Marcelle Faure
BoardClaude Michel Valade
BoardVincent-Pierre Casaubon
BoardDominique Michelle Bresson, usage Remy
BoardMaxime Paul Jules Crespel
BoardVincent-Pierre Casaubon
BoardThierry Jean André Lagnon
BoardSebastien Richard Gilbert Conte
BoardJérome Marie Alain Francois Le Segretain du Patis
Owner (100%)BPCE FactorCurrent
Owner (100%)Natixis HCP
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorKPMG C.JESPERSEN STATSAUTORISEREDE REVISORER
AuditorREVISIONSKONTORET I HERNING ApS
AuditorAKTIESELSKABET AF 2/10 1995
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Carl Aage Nielsen – 45 other companies, of which 6 bankrupt

Jørgen Vagn Larsen – 19 other companies, of which 2 bankrupt

Address history (2 moves)

Nygade 111, 7430 Ikast
Nygade 111, 7430 Ikast
Nygade 109B, 7430 Ikast

Former names

MIDT FACTORING A/S – now
COFACE FINANS A/S –
MIDT FACTORING A/S –

Employees per year

Number of employees at MIDT FACTORING A/S per year38762011: 7620112012: 6120122013: 6620132014: 6720142015: 6320152016: 5920162017: 5820172018: 562018

Other companies at the same address

Similar companies in Ikast-Brande

Questions and answers about MIDT FACTORING A/S

Has MIDT FACTORING A/S gone bankrupt?

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

What is the bankruptcy risk of MIDT FACTORING 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 auditor of MIDT FACTORING A/S?

MIDT FACTORING A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MIDT FACTORING A/S founded?

MIDT FACTORING A/S was founded on 16 March 1978.

What is the equity of MIDT FACTORING A/S?

Equity was DKK 127.9m 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.