Dry Ice Danmark ApS ends the financial year without equity. The company in Rødby, which cleans electrical cabinets and production equipment with dry ice, has an accumulated deficit of 4.2 million kroner and is thus balancing on the edge of solvency.
The accounts for 2024 show a new deficit of 3.2 million kroner - the fourth consecutive year with a deficit. Compared to the previous year, the result has significantly worsened, partly because the company has increased staffing and invested in operations. Personnel costs have more than doubled to nearly 2 million kroner, and the gross loss has increased to 1.45 million kroner.
Continued operation - with reservations
Despite the capital loss, the management chooses to continue operations. This is based on loans from the ownership group and an expectation that the economy can be corrected over time. The company states that a plan has been prepared for the re-establishment of the capital base. However, the auditor points out that there is significant uncertainty about the assumption of continued operation.
Dry Ice works with industrial cleaning using dry ice, especially in electrical cabinets and control panels, where the method makes it possible to clean without shutting down equipment or production. This reduces the risk of short circuits and fires and is an alternative to conventional cleaning with liquids and chemicals.
According to the company's own description, the potential lies in customers demanding flexible and gentle solutions. However, the accounts also show that the company is in a development phase with resulting deficits.
German owners behind the company
Dry Ice Danmark is owned by the German company Robert Krebs GmbH and is managed by Manfred Krebs and Thorsten Hundertmark. Both reside in Germany, while the company is registered in Rødby and has Lollands Bank as its financial institution.
There are currently nine employees, which is a tripling compared to the previous year. This reflects an ambition for growth - but so far without black numbers on the bottom line.
