Blue Phoenix Denmark IBA Sustain A/S

CVR 12994907 · Public limited company (A/S) · Active · Low risk

Blue Phoenix Denmark IBA Sustain A/S is a Public limited company (A/S), founded on , based in Kolding. The company is registered in the industry indsamling af ikke-farligt affald. 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 46.5m and a net result of DKK 53.2m. CEO: Jesper Lykke Brix.

Bankruptcy risk for Blue Phoenix Denmark IBA Sustain 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

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
12994907
Status
Active
Company type
Public limited company (A/S)
Founded
(37 years)
Address
Korsvej 11
6000 Kolding
Municipality
Kolding
Industry
Indsamling af ikke-farligt affald (381100)
Bankruptcies in the industry: Genbrug af sorterede materialer
Share capital
DKK 500k
Employees
405 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 31
Missing annual reportNo
Negative equityNo
Equity ratio38.9%
Current ratio207%
Moves (last 2 years)1
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 82.4mDKK 146.1m
Net profitDKK 53.2mDKK 86.0m
EquityDKK 46.5mDKK 111.3m
Total assetsDKK 119.5mDKK 195.8m
CashDKK 1.0m–
Short-term debtDKK 30.9m–
Avg. employees12–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024143
1 Jan 2023 – 31 Dec 2023120
1 Jan 2022 – 31 Dec 2022121
1 Jan 2021 – 31 Dec 2021122
1 Jan 2020 – 31 Dec 2020110
1 Jan 2019 – 31 Dec 2019107
1 Jan 2018 – 31 Dec 2018122
1 Jan 2017 – 31 Dec 2017113
1 Jan 2016 – 31 Dec 2016121
1 Jan 2015 – 31 Dec 2015131
1 Jan 2014 – 31 Dec 2014118
1 Jan 2013 – 31 Dec 2013121
1 Jan 2012 – 31 Dec 2012108
1 Jan 2011 – 31 Dec 2011113
1 Jan 2010 – 31 Dec 2010115
1 Jan 2009 – 31 Dec 2009140
1 Jan 2008 – 31 Dec 2008145
1 Jan 2007 – 31 Dec 2007129
1 Jan 2006 – 31 Dec 2006130

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
CEOJesper Lykke BrixCurrent
CEONiels Peder Lauersen Meldgaard
CEOLeif Max Hansen
CEOLine Meldgaard Langschwager
BoardNicolai SøegaardCurrent
BoardRasmus Brødsgaard BuchCurrent
BoardLars Møller HansenCurrent
BoardJesper Lykke BrixCurrent
BoardHenrik Marius Meldgaard
BoardLars Meldgaard
BoardMargit Kathrine Meldgaard
BoardLine Meldgaard Langschwager
BoardLine Meldgaard Langschwager
BoardPeter Schmidt Madsen
BoardNiels Peder Lauersen Meldgaard
BoardAndy Nørregaard Andersen
BoardErling Christian Carlsen
BoardNiels Frederik Bergh-Hansen
BoardJens Kristian Ravn
BoardMargit Kathrine Meldgaard
BoardJens Kristian Ravn
BoardJohan Peter Nielsen
BoardSara Würtzen Meldgaard
BoardAnders Hedegaard
BoardJakob Sørensen
Owner (100%)Blue Phoenix Denmark A/SCurrent
Owner (100%)MELDGAARD HOLDING A/S
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorSØNREKO-INVEST A/S
AuditorSTATSAUTORISERET REVISIONSAKTIESELSKAB AF 1. JULI 1998
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorSØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderLeif Max HansenCurrent

The CEOs' other companies

Jesper Lykke Brix – 9 other companies, of which 1 bankrupt

Niels Peder Lauersen Meldgaard – 15 other companies, of which 1 bankrupt

Leif Max Hansen – 52 other companies, of which 45 bankrupt

Line Meldgaard Langschwager – 22 other companies, of which 1 bankrupt

Address history (2 moves)

Korsvej 11, 6000 Kolding
Askelund 10, 6200 Aabenraa
Askelund 10, 6200 Aabenraa

Former names

Blue Phoenix Denmark IBA Sustain A/S – now
Meldgaard Sustain A/S –
Meldgaard Slagge A/S –
MELDGAARD MILJØ A/S –
MELDGAARD MILJØ OG GENBRUG A/S –
THJ 88, AABENRAA ApS –

Employees per year

Number of employees at Blue Phoenix Denmark IBA Sustain A/S per year2474932011: 31420112012: 30820122013: 42720132014: 42920142015: 49320152016: 40720162017: 34120172018: 4052018

Other companies at the same address

Questions and answers about Blue Phoenix Denmark IBA Sustain A/S

Has Blue Phoenix Denmark IBA Sustain A/S gone bankrupt?

No, Blue Phoenix Denmark IBA Sustain A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Blue Phoenix Denmark IBA Sustain 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 Blue Phoenix Denmark IBA Sustain A/S?

Jesper Lykke Brix is the CEO of Blue Phoenix Denmark IBA Sustain A/S.

Who is the auditor of Blue Phoenix Denmark IBA Sustain A/S?

Blue Phoenix Denmark IBA Sustain A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Blue Phoenix Denmark IBA Sustain A/S founded?

Blue Phoenix Denmark IBA Sustain A/S was founded on 1 May 1989.

What is the equity of Blue Phoenix Denmark IBA Sustain A/S?

Equity was DKK 46.5m 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.