P. A. SAVVÆRK. KORINTH A/S
CVR 87124118 · Public limited company (A/S) · Active · Low risk
P. A. SAVVÆRK. KORINTH A/S is a Public limited company (A/S), founded on , based in Faaborg. The company is registered in the industry udsavning og høvling af træ. 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, of which 3 more than six months after the end of the financial year. The latest annual report (30 Apr 2026) shows equity of DKK 12.8m and a net result of DKK 2.4m. CEO: Kim Højvang Axelsen.
Bankruptcy risk for P. A. SAVVÆRK. KORINTH A/S
0.0 × the average (1.41%) · higher risk than 0% of active Danish companies
Increases the risk
No significant risk factors.
Reduces the risk
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
- 87124118
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (46 years)
- Address
- Kaj Lykkesvej 13
5600 Faaborg - Municipality
- Faaborg-Midtfyn
- Industry
- Udsavning og høvling af træ (161100)
Bankruptcies in the industry: Fremstilling af bygningstømmer og snedkeriartikler i øvrigt - Share capital
- DKK 500k
- Employees
- 44 (2018)
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 3 of 31 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 51.6% |
| Current ratio | 249% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 8 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2026 | 2025 | 2024 |
|---|---|---|---|
| Gross profit | DKK 16.8m | DKK 17.0m | DKK 19.6m |
| Net profit | DKK 2.4m | DKK 2.9m | DKK 3.6m |
| Equity | DKK 12.8m | DKK 13.4m | DKK 14.5m |
| Total assets | DKK 24.7m | DKK 27.8m | DKK 32.0m |
| Cash | DKK 85k | DKK 368k | – |
| Short-term debt | DKK 9.2m | DKK 10.8m | – |
| Avg. employees | 28 | 30 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 May 2025 – 30 Apr 2026 | 166 | ||
| 1 May 2024 – 30 Apr 2025 | 187 | Late | |
| 1 May 2023 – 30 Apr 2024 | 183 | ||
| 1 May 2022 – 30 Apr 2023 | 186 | Late | |
| 1 May 2021 – 30 Apr 2022 | 159 | ||
| 1 May 2020 – 30 Apr 2021 | 157 | ||
| 1 May 2019 – 30 Apr 2020 | 190 | Late | |
| 1 May 2018 – 30 Apr 2019 | 153 | ||
| 1 May 2017 – 30 Apr 2018 | 150 | ||
| 1 May 2016 – 30 Apr 2017 | 165 | ||
| 1 May 2015 – 30 Apr 2016 | 152 | ||
| 1 May 2014 – 30 Apr 2015 | 161 | ||
| 1 May 2013 – 30 Apr 2014 | 163 | ||
| 1 May 2012 – 30 Apr 2013 | 162 | ||
| 1 May 2011 – 30 Apr 2012 | 170 | ||
| 1 May 2010 – 30 Apr 2011 | 152 | ||
| 1 May 2009 – 30 Apr 2010 | 159 | ||
| 1 May 2008 – 30 Apr 2009 | 154 | ||
| 1 May 2007 – 30 Apr 2008 | 165 | ||
| 1 May 2006 – 30 Apr 2007 | 153 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Kim Højvang Axelsen | Current | |
| CEO | Per Axelsen | ||
| Board | Kim Højvang Axelsen | Current | |
| Board | John Bojesen | Current | |
| Board | Christian Bjerg | Current | |
| Board | Lars-Henrik Thorshauge Ermose | Current | |
| Board | Thomas Ottenius Axelsen | ||
| Board | Maren Marie Højvang Axelsen | ||
| Board | Flemming Andersen | ||
| Board | Per Axelsen | ||
| Board | Britt Axelsen Købke | ||
| Board | Rasmus Greve | ||
| Board | Peter Breum Blohm | ||
| Owner (100%) | KIM AXELSEN HOLDING ApS | Current | |
| Auditor | EY Godkendt Revisionspartnerselskab | Current | |
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | REVISIONSFIRMAET L. LARSEN A/S, STATSAUTORISEREDE REVISORER | ||
| Auditor | EY Godkendt Revisionspartnerselskab |
The CEOs' other companies
Kim Højvang Axelsen – 8 other companies
- KEVA Ejendomme ApS Active
- KIM AXELSEN HOLDING ApS Active
- Kristoffersens Møbelfabrik ApS Active
- PA GULVE ApS Opløst
- TIMPLY ApS Active
- WG FINANS ApS Active
- WIKING GULVE A/S Active
- WIKING HOLDING ApS Active
Per Axelsen – 7 other companies
- AAC A/S Active
- AXELSEN TIMBER ApS Opløst
- BRITT AXELSEN HOLDING ApS Fusioneret
- P. M. A. INVEST ApS Fusioneret
- P.M.A. INVEST II ApS Active
- TIMPLY ApS Active
- WG FINANS ApS Active
Address history (1 moves)
| Kaj Lykkesvej 13, 5600 Faaborg | |
| Kaj Lykkesvej 13, 5600 Faaborg |
Employees per year
Other companies at the same address
- AXELSEN TIMBER ApS Opløst
- BRITT AXELSEN HOLDING ApS Fusioneret
- KEVA Ejendomme ApS Active
- KIM AXELSEN HOLDING ApS Active
- PA GULVE ApS Opløst
- TIMPLY ApS Active
- WG FINANS ApS Active
- WIKING HOLDING ApS Active
Similar companies in Faaborg-Midtfyn
- SØFÆLDE SAVVÆRK A/S Faaborg
Questions and answers about P. A. SAVVÆRK. KORINTH A/S
Has P. A. SAVVÆRK. KORINTH A/S gone bankrupt?
No, P. A. SAVVÆRK. KORINTH A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of P. A. SAVVÆRK. KORINTH 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 P. A. SAVVÆRK. KORINTH A/S?
Kim Højvang Axelsen is the CEO of P. A. SAVVÆRK. KORINTH A/S.
Who is the auditor of P. A. SAVVÆRK. KORINTH A/S?
P. A. SAVVÆRK. KORINTH A/S most recently used EY Godkendt Revisionspartnerselskab.
When was P. A. SAVVÆRK. KORINTH A/S founded?
P. A. SAVVÆRK. KORINTH A/S was founded on 28 November 1979.
What is the equity of P. A. SAVVÆRK. KORINTH A/S?
Equity was DKK 12.8m 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.