HSA MANAGEMENT ApS

CVR 11057470 · Private limited company (ApS) · Active · Low risk

HSA MANAGEMENT ApS is a Private limited company (ApS), founded on 1 March 1987, based in Frederikshavn. The company is registered in the industry bogføring og revision; skatterådgivning. 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 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 56.5m and a net result of DKK 648k. CEO: Hans Smith Andersen.

Bankruptcy risk for HSA MANAGEMENT ApS

0.0%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×

Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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: 11057470
Status: Active
Company type: Private limited company (ApS)
Founded: 1 March 1987 (39 years)
Address: c/o Hans Smith Andersen, Knoten 1
9900 Frederikshavn
Municipality: Frederikshavn
Industry: Bogføring og revision; skatterådgivning (692000)
Bankruptcies in the industry: Bogføring og revision: skatterådgivning
Share capital: DKK 200k
Employees: 2 (2018)
Auditor: BDO Statsautoriseret Revisionspartnerselskab
Audit opted out: No

Warning signs

Annual reports filed late	13 of 30
Missing annual report	No
Negative equity	No
Equity ratio	86.6%
Current ratio	48%
Moves (last 2 years)	0
CEO changes in total	3
CEO's previous bankruptcies	0
Other companies at the address	9
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK -834k	DKK -317k
Net profit	DKK 648k	DKK 1.4m
Equity	DKK 56.5m	DKK 58.0m
Total assets	DKK 65.2m	DKK 67.7m
Cash	DKK 0	–
Short-term debt	DKK 7.5m	–
Tax owed	DKK 256k	–
Avg. employees	2	–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jul 2024 – 30 Jun 2025	30 Dec 2025	183
1 Jul 2023 – 30 Jun 2024	2 Jan 2025	186	Late
1 Jul 2022 – 30 Jun 2023	9 Jan 2024	193	Late
1 Jul 2021 – 30 Jun 2022	29 Dec 2022	182
1 Jul 2020 – 30 Jun 2021	1 Dec 2021	154
1 Jul 2019 – 30 Jun 2020	14 Dec 2020	167
1 Jul 2018 – 30 Jun 2019	12 Dec 2019	165
1 Jul 2017 – 30 Jun 2018	11 Dec 2018	164
1 Jul 2016 – 30 Jun 2017	4 Dec 2017	157
1 Jul 2015 – 30 Jun 2016	13 Dec 2016	166
1 Jul 2014 – 30 Jun 2015	24 Nov 2015	147
1 Jul 2013 – 30 Jun 2014	18 Dec 2014	171
1 Jul 2012 – 30 Jun 2013	10 Dec 2013	163
1 Jul 2011 – 30 Jun 2012	12 Dec 2012	165
1 Jul 2010 – 30 Jun 2011	19 Dec 2011	172
1 Jul 2009 – 30 Jun 2010	22 Dec 2010	175
1 Jul 2008 – 30 Jun 2009	21 Dec 2009	174
1 Jul 2007 – 30 Jun 2008	18 Dec 2008	171
1 Jul 2006 – 30 Jun 2007	24 Jan 2008	208	Late
1 Jul 2005 – 30 Jun 2006	3 Jan 2007	187	Late

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	Hans Smith Andersen	1 Mar 1987	Current
CEO	Kaj Erik Larsen	1 Mar 1987	3 Aug 1990
CEO	Hans Smith Andersen	1 Mar 1987	23 Jul 1993
CEO	Per Emil Hasselbalch Stakemann	1 Mar 1987	17 Aug 1987
Board	Lars Sigurd Espersen	1 Mar 1987	9 Oct 1991
Board	Hans Smith Andersen	1 Mar 1987	22 Apr 2002
Board	Hans Smith Andersen	1 Mar 1987	23 Jul 1993
Board	Charlotte Møller Jensen	1 Mar 1987	22 Apr 2002
Board	Charlotte Møller Jensen	1 Mar 1987	23 Jul 1993
Owner (100%)	Hans Smith Andersen	22 Apr 2002	Current
Auditor	BDO Statsautoriseret Revisionspartnerselskab	8 Aug 2025	Current
Auditor	Erik Tronborg Andersen	1 Mar 1987	17 Aug 1987
Auditor	BDO Holding VII, statsautoriseret revisionsaktieselskab	1 Mar 1987	6 Aug 1998
Auditor	BDO Holding VII, statsautoriseret revisionsaktieselskab	1 Mar 1987	3 Aug 1990
Auditor	BDO Holding VII, statsautoriseret revisionsaktieselskab	6 Aug 1998	19 Jun 2013
Auditor	BDO Holding VII, statsautoriseret revisionsaktieselskab	19 Jun 2013	8 Aug 2025
Founder	Per Emil Hasselbalch Stakemann	1 Mar 1987	Current

The CEOs' other companies

Hans Smith Andersen – 43 other companies, of which 13 bankrupt

ApS KBIL 38 NR. 1708 Bankrupt 12 Mar 1996
CTi Process A/S Bankrupt 31 Jul 2019
DANHOSTEL FREDERIKSHAVN CITY ApS Bankrupt 29 Apr 2020
HMK BILCON A/S Bankrupt 20 Jan 2017
PELS.DK A/S Bankrupt 11 May 2010
S & P SERVICE ApS Bankrupt 13 Sep 2024
Selskabet 21.03.2023 ApS Bankrupt 2 May 2023
Tank Holding af 01.08.2016 A/S Bankrupt 6 Dec 2016
Tank Newco af 01.08.2016 A/S Bankrupt 6 Dec 2016
The Company of 25th July 2016 A/S Bankrupt 4 May 2017
U.V.M. HANDEL A/S Bankrupt 5 Feb 1993
VÆGTEREN - KÆRLIGHED OG KOGEKUNST ApS Bankrupt 21 Feb 2013
november næstved aps Bankrupt 3 Feb 2020
ANPARTSSELSKABET AF 1/11 1985 Active
Art & Event Management ApS Active
Aså Mejeri A/S Active
CRISPO DENMARK ApS Opløst
DAN ARBITRAGE A/S Fusioneret
DANTOY A/S Active
Danrehab A/S Active
EJENDOMSAKTIESELSKABET NÆSTVEDPARKEN Fusioneret
FINELCO A/S Active
FLADSTRAND INVEST ApS Active
GRAPHILOGIC ApS Opløst
GØL PELSNINGSREDSKABER A/S Opløst
H-TECH ApS Compulsorily dissolved
HLC Ejendomsinvest A/S Active
HMK INDUSTRI A/S Fusioneret
HMK SERVICE A/S Fusioneret
HMK TANK-PRODUKTION A/S Fusioneret

Per Emil Hasselbalch Stakemann – 45 other companies, of which 45 bankrupt

"HEDEVANG MØBLER A/S" Bankrupt 27 Nov 1990
"J.A.M. TRANSPORTBÅND A/S" Bankrupt 18 Aug 1993
"NELLE'S RENGØRING A/S" Bankrupt 16 Jul 1990
'HG 405 PAVIA AF HIRTSHALS ApS' Bankrupt 4 Jul 2007
'ZOO-TEX ApS' Bankrupt 25 Nov 2016
02 HOLDING A/S Bankrupt 16 Oct 2008
09.28 ANNO 2007 ApS Bankrupt 13 Feb 2009
1/7 1987 A/S Bankrupt 21 Aug 2003
100 GB ApS Bankrupt 5 May 1994
11 DESIGN A/S Bankrupt 28 Apr 2015
1356 INVEST ApS Bankrupt 8 Apr 2011
15/11 1990 A/S Bankrupt 11 Oct 1994
15689382 ApS Bankrupt 26 Jun 2017
19.09.2021 ApS Bankrupt 8 Dec 2023
23/5 914 ApS Bankrupt 25 Jun 1991
3 X 65 SERVICE ApS Bankrupt 3 Mar 1997
3 X P A/S Bankrupt 10 Sep 1990
31.12.2007 X A/S Bankrupt 28 Oct 2008
3B DEVELOPMENT GROUP ApS Bankrupt 2 Nov 2006
4 FONTANE ApS Bankrupt 2 Oct 2002
4A MANAGEMENT ApS Bankrupt 7 May 1992
7 9 13 FORSIKRINGSERVICE ApS Bankrupt 20 Mar 2024
A - INFORMATIK A/S Bankrupt 9 Oct 2013
A J J FINANS NR. 1 ApS Bankrupt 23 Feb 1995
A'SHARQ TV ApS Bankrupt 26 Nov 1992
A-T SPECIALENTREPRICE ApS Bankrupt 3 Aug 2001
A. K. OLIE ApS Bankrupt 18 Nov 2008
A. UNO ApS Bankrupt 19 Jan 1996
A.B. BYG ApS Bankrupt 4 Dec 1996
A.H. GRAFIK ApS Bankrupt 23 Jan 1990

Address history (1 moves)

17 Sep 2015	c/o Hans Smith Andersen, Knoten 1, 9900 Frederikshavn
1 Mar 1987	c/o Hans Smith Andersen, Sæbyvej 109A, 9900 Frederikshavn

Former names

HSA MANAGEMENT ApS	22 Feb 1994 – now
HSA 1990 ApS	4 Aug 1990 – 21 Feb 1994
ZEBRA KIOSKEN, FREDERIKSHAVN ApS	18 Aug 1987 – 3 Aug 1990
ApS KBUS 8 NR. 2133	1 Mar 1987 – 17 Aug 1987

Employees per year

Other companies at the same address

Art & Event Management ApS Active
BANGSBOSTRAND INVEST ApS Active
FLADSTRAND INVEST ApS Active
I.P. Thomsens Vej 5 A/S Active
JASON FINANS A/S Active
JASON UDLEJNING A/S Active
KOMPLEMENTARSELSKABET JASOP EJENDOM I ApS Active
VD FINANS A/S Active
Ålbæk Station ApS Active

Similar companies in Frederikshavn

Holdingselskabet TAN II ApS Frederikshavn
Holdingselskabet MOK II ApS Sæby
Holdingselskabet AAN II ApS Strandby
MJ Revision ApS Sæby
Agendis A/S Sæby
DK's Regnskabsassistance ApS Sæby
KontorFlid ApS Strandby
RevisorDK Godkendt Revisionsanpartsselskab Sæby
FLH Holding, Sæby ApS Sæby
FELDBORG FINANS ApS Frederikshavn
ApS AF 5/12 2008 Frederikshavn
KRIJAN APS Frederikshavn

Questions and answers about HSA MANAGEMENT ApS

Has HSA MANAGEMENT ApS gone bankrupt?

No, HSA MANAGEMENT ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HSA MANAGEMENT ApS?

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 HSA MANAGEMENT ApS?

Hans Smith Andersen is the CEO of HSA MANAGEMENT ApS.

Who is the auditor of HSA MANAGEMENT ApS?

HSA MANAGEMENT ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was HSA MANAGEMENT ApS founded?

HSA MANAGEMENT ApS was founded on 1 March 1987.

What is the equity of HSA MANAGEMENT ApS?

Equity was DKK 56.5m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.