HOWE A/S

CVR 13234833 · Public limited company (A/S) · Active · Low risk

HOWE A/S is a Public limited company (A/S), founded on , based in Odense M. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. 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 101.2m and a net result of DKK -308k.

Bankruptcy risk for HOWE 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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
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×
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
13234833
Status
Active
Company type
Public limited company (A/S)
Founded
(37 years)
Address
Helgavej 26
5230 Odense M
Municipality
Odense
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 4.4m
Employees
20 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 31
Missing annual reportNo
Negative equityNo
Equity ratio88.3%
Current ratio827%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address46
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 47.3mDKK 34.4m
Net profitDKK -308kDKK -7.3m
EquityDKK 101.2mDKK 102.3m
Total assetsDKK 114.7mDKK 115.7m
CashDKK 19.0m–
Short-term debtDKK 13.4m–
Tax owedDKK 0–
Avg. employees30–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025120
1 Jan 2024 – 31 Dec 2024119
1 Jan 2023 – 31 Dec 202379
1 Jan 2022 – 31 Dec 202265
1 Jan 2021 – 31 Dec 2021110
1 Jan 2020 – 31 Dec 202057
1 Jan 2019 – 31 Dec 201950
1 Jan 2018 – 31 Dec 201857
1 Jan 2017 – 31 Dec 201745
1 Jan 2016 – 31 Dec 201655
1 Jan 2015 – 31 Dec 201554
1 Jan 2014 – 31 Dec 201457
1 Jan 2013 – 31 Dec 201376
1 Jan 2012 – 31 Dec 201244
1 Jan 2011 – 31 Dec 201150
1 Jan 2010 – 31 Dec 201051
1 Jan 2009 – 31 Dec 200954
1 Jan 2008 – 31 Dec 2008106
1 Jan 2007 – 31 Dec 200798
1 Jan 2006 – 31 Dec 200681

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
CEOPoul Erik Pedersen
CEOPer Emil Hasselbalch Stakemann
CEOAnnette Reimann
CEOMogens Madsen
BoardSøren BisgaardCurrent
BoardSeamus Oliver BatesonCurrent
BoardBrad James MaederCurrent
BoardJan-Erik Gunnar Svensson
BoardUlf Svejgaard Poulsen
BoardSusanne Saul Stakemann
BoardPoul Erik Pedersen
BoardPer Emil Hasselbalch Stakemann
BoardMichael Jacobsen
BoardGerald R Taylor, Jr
BoardHarold Howe Jr
BoardEric Mills Smith
BoardJim Allan Larsen
BoardDarryl Conrad Rosser
BoardDavid Lee Morley
BoardFranklin Allen Jacobs
BoardNiels Gorm Larsen
BoardJohn Sumner
BoardSeamus Oliver Bateson
BoardOle Maare
Owner (100%)COMMERCIAL FURNITURE GROUP INC.Current
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorJan Christian Nielsen
AuditorErik Tronborg Andersen
AuditorCJ Partnership I/S
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderVX 10.312 ApSCurrent
FounderMEDIMEX ApSCurrent
FounderApS HVKMD 5 NR. 555Current
FounderPEHSB ApSCurrent

The CEOs' other companies

Poul Erik Pedersen – 31 other companies, of which 6 bankrupt

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

Annette Reimann – 2 other companies

Mogens Madsen – 4 other companies, of which 2 bankrupt

Address history (4 moves)

Helgavej 26, 5230 Odense M
Filosofgangen 18, 5000 Odense C
Mandal Alle 23, 5500 Middelfart
Mandal Alle 23, 5500 Middelfart
Fabrikvej 15C, 5500 Middelfart

Former names

HOWE A/S – now
HOWE EUROPE A/S –
HOWE/SEID INTERNATIONAL A/S –
A/S PSE NR. 3288 –

Employees per year

Number of employees at HOWE A/S per year21412011: 3720112012: 3620122013: 4120132014: 4120142015: 3520152016: 2720162017: 2020172018: 202018

Other companies at the same address

Similar companies in Odense

Questions and answers about HOWE A/S

Has HOWE A/S gone bankrupt?

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

What is the bankruptcy risk of HOWE 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 auditor of HOWE A/S?

HOWE A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was HOWE A/S founded?

HOWE A/S was founded on 1 July 1989.

What is the equity of HOWE A/S?

Equity was DKK 101.2m 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.