Udviklingsselskabet af 1. juli 2019 A/S

CVR 10509904 · Public limited company (A/S) · Active · Low risk

Udviklingsselskabet af 1. juli 2019 A/S is a Public limited company (A/S), founded on , based in Søborg. The company is registered in the industry gennemførelse af byggeprojekter. 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 512.7m and a net result of DKK 33.0m. CEO: Kristian Hare.

Bankruptcy risk for Udviklingsselskabet af 1. juli 2019 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

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×

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
10509904
Status
Active
Company type
Public limited company (A/S)
Founded
(40 years)
Address
c/o ALFA Development A/S, Knud Højgaards Vej 2, 3.
2860 Søborg
Municipality
Gladsaxe
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 1.0m
Employees
4 (2018)
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 30
Missing annual reportNo
Negative equityNo
Equity ratio95.5%
Current ratio314%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address53
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -60kDKK -59k
Net profitDKK 33.0mDKK 22.3m
EquityDKK 512.7mDKK 171.9m
Total assetsDKK 536.6mDKK 256.8m
CashDKK 250k–
Short-term debtDKK 23.9m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025127
1 Jan 2024 – 31 Dec 2024134
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022136
1 Jan 2021 – 31 Dec 2021117
1 Jan 2020 – 31 Dec 2020140
1 Jun 2018 – 31 May 2019164
1 Jun 2017 – 31 May 2018162
1 Jun 2016 – 31 May 2017154
1 Jun 2015 – 31 May 2016150
1 Jun 2014 – 31 May 2015163
1 Jun 2013 – 31 May 2014156
1 Jun 2012 – 31 May 2013137
1 Jun 2011 – 31 May 2012161
1 Jun 2010 – 31 May 2011147
1 Jun 2009 – 31 May 2010171
1 Jun 2008 – 31 May 2009154
1 Jun 2007 – 31 May 2008137
1 Jun 2006 – 31 May 2007143
1 Jun 2005 – 31 May 2006154

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
CEOKristian HareCurrent
CEOAxel Østergaard Frederiksen
CEOJens Østergaard Frederiksen
CEOErik Ludvig Find
BoardAndreea Ioana KaiserCurrent
BoardErik Ludvig FindCurrent
BoardKristian HareCurrent
BoardSven Erik Frederiksen
BoardAxel Østergaard Frederiksen
BoardKirsten Frederiksen
BoardPeter Østergaard Frederiksen
BoardSigne Kristiane Frederiksen
BoardHans Østergaard Frederiksen
BoardJens Østergaard Frederiksen
BoardJan Aarestrup
Owner (100%)ALFA DEVELOPMENT A/SCurrent
Owner (100%)DOK HOLDING A/S
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorJørgen Anker Nielsen
AuditorGRANT THORNTON, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderVictor ChristoffersenCurrent
FounderJens NørskovCurrent
FounderSøren BondeCurrent

The CEOs' other companies

Kristian Hare – 49 other companies

Axel Østergaard Frederiksen – 24 other companies, of which 2 bankrupt

Jens Østergaard Frederiksen – 17 other companies

Erik Ludvig Find – 54 other companies, of which 1 bankrupt

Address history (3 moves)

c/o ALFA Development A/S, Knud Højgaards Vej 2, 3., 2860 Søborg
c/o ELF Development A/S, Knud Højgaards Vej 2, 3., 2860 Søborg
c/o ELF Development A/S, Strandvejen 70, 1., 2900 Hellerup
Rødovrevej 383, 2610 Rødovre

Former names

Udviklingsselskabet af 1. juli 2019 A/S – now
DANSK OLIE KOMPAGNI A/S –
ASX 10963 A/S –

Employees per year

Number of employees at Udviklingsselskabet af 1. juli 2019 A/S per year7142011: 1320112012: 1420122013: 1220132014: 1020142015: 920152016: 820162017: 1120172018: 42018

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about Udviklingsselskabet af 1. juli 2019 A/S

Has Udviklingsselskabet af 1. juli 2019 A/S gone bankrupt?

No, Udviklingsselskabet af 1. juli 2019 A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Udviklingsselskabet af 1. juli 2019 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 Udviklingsselskabet af 1. juli 2019 A/S?

Kristian Hare is the CEO of Udviklingsselskabet af 1. juli 2019 A/S.

Who is the auditor of Udviklingsselskabet af 1. juli 2019 A/S?

Udviklingsselskabet af 1. juli 2019 A/S most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was Udviklingsselskabet af 1. juli 2019 A/S founded?

Udviklingsselskabet af 1. juli 2019 A/S was founded on 1 November 1986.

What is the equity of Udviklingsselskabet af 1. juli 2019 A/S?

Equity was DKK 512.7m 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.