DB VARDE A/S

CVR 10038618 · Public limited company (A/S) · Active · Low risk

DB VARDE A/S is a Public limited company (A/S), founded on , based in Viborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% 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 40.9m and a net result of DKK 1.4m. CEO: Palle Buhl Jørgensen.

Bankruptcy risk for DB VARDE A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
10038618
Status
Active
Company type
Public limited company (A/S)
Founded
(26 years)
Address
Farvervej 1
8800 Viborg
Municipality
Viborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 2.3m
Employees
6 (2005)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 25
Missing annual reportNo
Negative equityNo
Equity ratio69.5%
Current ratio1,114%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies3
Other companies at the address73
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -24kDKK -23k
Net profitDKK 1.4mDKK 18k
EquityDKK 40.9mDKK 43.3m
Total assetsDKK 58.9mDKK 43.3m
CashDKK 73–
Short-term debtDKK 13k–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202569
1 Jan 2024 – 31 Dec 202472
1 Jan 2023 – 31 Dec 202371
1 Jan 2022 – 31 Dec 202280
1 Jan 2021 – 31 Dec 202188
1 Jan 2020 – 31 Dec 2020102
1 Jan 2019 – 31 Dec 201962
1 Jan 2018 – 31 Dec 201846
1 Jan 2017 – 31 Dec 201749
1 Jan 2016 – 31 Dec 201672
1 Jan 2015 – 31 Dec 201574
1 Jan 2014 – 31 Dec 201486
1 Jan 2013 – 31 Dec 201385
1 Jan 2012 – 31 Dec 201274
1 Jan 2011 – 31 Dec 201185
1 Jan 2010 – 31 Dec 201073
1 Jan 2009 – 31 Dec 200967
1 Jan 2008 – 31 Dec 200868
1 Jan 2007 – 31 Dec 200789
1 Jan 2006 – 31 Dec 200686

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
CEOPalle Buhl JørgensenCurrent
CEOPreben Bang Henriksen
CEOHarald Johannsen
BoardPalle Buhl JørgensenCurrent
BoardLene ChristensenCurrent
BoardFinn Peter BachCurrent
BoardPreben Bang Henriksen
BoardStephan Muurholm
BoardLone Mai Henriksen
BoardJohn Brejnbjerg Staaling
BoardIvan Ronald Kristensen
BoardFinn Peter Bach
Owner (100%)BGA Viborg A/SCurrent
Owner (20%)John Brejnbjerg Staaling
Owner (15%)Finn Peter Bach
Owner (50%)BACH GRUPPEN A/S
Owner (50%)BGA Viborg A/S
Owner (20%)Boet efter John Brejnbjerg Staaling
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorHarry Aamann
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderPREBEN BANG HENRIKSEN. AALBORG ApSCurrent

The CEOs' other companies

Palle Buhl Jørgensen – 43 other companies, of which 9 bankrupt

Preben Bang Henriksen – 46 other companies, of which 46 bankrupt

Harald Johannsen – 11 other companies

Address history (6 moves)

Farvervej 1, 8800 Viborg
Fabrikvej 12, 1., 8800 Viborg
Tingvej 11, 8800 Viborg
Tingvej 15, 3., 8800 Viborg
Tingvej 11, 8800 Viborg
c/o Handelsfirma Finn Bach, Industrivej 22, 8800 Viborg
c/o Adv. Preben Bang Henriksen, Slotspladsen 2, 9000 Aalborg

Former names

DB VARDE A/S – now
DK BETON VARDE A/S –
SLP 11.620 A/S –

Employees per year

Number of employees at DB VARDE A/S per year472000: 620002001: 720012002: 620022003: 420032004: 620042005: 62005

Other companies at the same address

Similar companies in Viborg

Questions and answers about DB VARDE A/S

Has DB VARDE A/S gone bankrupt?

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

What is the bankruptcy risk of DB VARDE A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of DB VARDE A/S?

Palle Buhl Jørgensen is the CEO of DB VARDE A/S.

Who is the auditor of DB VARDE A/S?

DB VARDE A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was DB VARDE A/S founded?

DB VARDE A/S was founded on 1 July 2000.

What is the equity of DB VARDE A/S?

Equity was DKK 40.9m 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.