HM VENTILATION A/S

CVR 13494045 · Public limited company (A/S) · Active · Low risk

HM VENTILATION A/S is a Public limited company (A/S), founded on 1 October 1989, based in Silkeborg. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. 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 4.1m and a net result of DKK 68k. CEO: Henrik Thue Madsen.

Bankruptcy risk for HM VENTILATION A/S

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

Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Employees (latest year)5–10 · bankruptcy rate 10.1%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×

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

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

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Company typeA/S · bankruptcy rate 4.4%0.50×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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: 13494045
Status: Active
Company type: Public limited company (A/S)
Founded: 1 October 1989 (37 years)
Address: Lillehøjvej 38
8600 Silkeborg
Municipality: Silkeborg
Industry: Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital: DKK 500k
Employees: 5 (2018)
Auditor: Cedra Godkendt Revisionsaktieselskab
Audit opted out: No

Warning signs

Annual reports filed late	2 of 31
Missing annual report	No
Negative equity	No
Equity ratio	21.3%
Current ratio	130%
Moves (last 2 years)	0
CEO changes in total	5
CEO's previous bankruptcies	0
Other companies at the address	11
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024
Gross profit	DKK 3.1m	DKK 4.8m
Net profit	DKK 68k	DKK 1.5m
Equity	DKK 4.1m	DKK 4.6m
Total assets	DKK 19.2m	DKK 16.1m
Cash	DKK 1.7m	–
Short-term debt	DKK 11.3m	–
Avg. employees	21	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	26 May 2026	146
1 Jan 2024 – 31 Dec 2024	8 Jun 2025	159
1 Jan 2023 – 31 Dec 2023	1 Jul 2024	183
1 Jan 2022 – 31 Dec 2022	12 Jun 2023	163
1 Jan 2021 – 31 Dec 2021	30 Jun 2022	181
1 Jan 2020 – 31 Dec 2020	7 Jun 2021	158
1 Jan 2019 – 31 Dec 2019	22 Jun 2020	174
1 Jan 2018 – 31 Dec 2018	7 Jun 2019	158
1 Jan 2017 – 31 Dec 2017	4 Jun 2018	155
1 Jan 2016 – 31 Dec 2016	13 Jun 2017	164
1 Jan 2015 – 31 Dec 2015	26 May 2016	147
1 Jan 2014 – 31 Dec 2014	3 Jun 2015	154
1 Jan 2013 – 31 Dec 2013	31 May 2014	151
1 Jan 2012 – 31 Dec 2012	1 Jun 2013	152
1 Jan 2011 – 31 Dec 2011	22 May 2012	143
1 Jan 2010 – 31 Dec 2010	29 May 2011	149
1 Jan 2009 – 31 Dec 2009	2 Jun 2010	153
1 Jan 2008 – 31 Dec 2008	9 Jun 2009	160
1 Jan 2007 – 31 Dec 2007	12 Jun 2008	164
1 Jan 2006 – 31 Dec 2006	31 May 2007	151

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	Henrik Thue Madsen	7 Aug 2014	Current
CEO	Per Emil Hasselbalch Stakemann	1 Oct 1989	2 Feb 1990
CEO	Poul Georg Faurholt Klein	1 Oct 1989	30 May 1997
CEO	Bruno Lars Lyngsø Kristensen	30 May 1997	7 Aug 2014
Board	Hans Henrik Møller Mortensen	1 Oct 1989	Current
Board	Ole Elmegaard Mortensen	7 Aug 2014	Current
Board	Henrik Thue Madsen	7 Aug 2014	Current
Board	Johnny Sørensen	21 May 2026	Current
Board	Ulf Svejgaard Poulsen	1 Oct 1989	2 Feb 1990
Board	Susanne Saul Stakemann	1 Oct 1989	2 Feb 1990
Board	Per Emil Hasselbalch Stakemann	1 Oct 1989	2 Feb 1990
Board	Henning Møller Mortensen	1 Oct 1989	30 May 2000
Board	Poul Georg Faurholt Klein	1 Oct 1989	30 May 2000
Board	Bruno Lars Lyngsø Kristensen	30 May 1997	7 Aug 2014
Board	Anna Mortensen	30 May 2000	7 Aug 2014
Board	Jan Nørgaard	4 Sep 2019	8 Jun 2023
Owner (33%)	HTM HOLDING GJERLEV ApS	15 Nov 2014	Current
Owner (50%)	HM GRUPPEN SILKEBORG A/S	1 Dec 2016	Current
Owner (25%)	Hans Henrik Møller Mortensen	1 Jun 2026	Current
Owner (33%)	Henrik Thue Madsen	7 Aug 2014	14 Nov 2014
Owner (50%)	Henning Mortensen Ejendomme Silkeborg A/S	7 Aug 2014	1 Dec 2016
Auditor	Cedra Godkendt Revisionsaktieselskab	23 Sep 2025	Current
Auditor	Erik Tronborg Andersen	1 Oct 1989	2 Feb 1990
Auditor	Partner Revision statsautoriseret revisionsaktieselskab	1 Oct 1989	8 Feb 2001
Auditor	Partner Revision statsautoriseret revisionsaktieselskab	8 Feb 2001	30 Jan 2015
Auditor	DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB	30 Jan 2015	23 Sep 2025
Founder	VX 10.312 ApS	1 Oct 1989	Current
Founder	MEDIMEX ApS	1 Oct 1989	Current
Founder	ApS HVKMD 5 NR. 555	1 Oct 1989	Current
Founder	ApS KBIL 9 NR. 1008	1 Oct 1989	Current

The CEOs' other companies

Henrik Thue Madsen – 1 other companies

HTM HOLDING GJERLEV ApS Active

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

Bruno Lars Lyngsø Kristensen – 1 other companies

KK EJENDOMME OG UDLEJNING A/S Fusioneret

Address history (5 moves)

8 Jun 2022	Lillehøjvej 38, 8600 Silkeborg
11 Apr 2013	Stagehøjvej 1, 8600 Silkeborg
1 Jan 2007	Sadolinsvej 6, 8600 Silkeborg
14 Jun 2006	Sadolinsvej 6, 8600 Silkeborg
25 Jun 2003	Borgergade 38, 8600 Silkeborg
1 Oct 1989	Grønnegade 7, 8600 Silkeborg

Former names

HM VENTILATION A/S	7 Aug 2014 – now
GEORG KLEIN A/S	3 Feb 1990 – 6 Aug 2014
A/S PSE NR. 3459	1 Oct 1989 – 2 Feb 1990

Employees per year

Other companies at the same address

ARK-DES II A/S Opløst
Christine Mortensen Holding ApS Active
HENNING MORTENSEN SILKEBORG A/S Active
HM GRUPPEN SILKEBORG A/S Active
HM Partners ApS Active
HM-Lillehøjvej ApS Active
Henning Mortensen Ejendomme Silkeborg A/S Active
Laura Mortensen Holding ApS Active
Mette Mortensen Holding ApS Active
PFH HM ApS Active
TH HM ApS Active

Similar companies in Silkeborg

Questions and answers about HM VENTILATION A/S

Has HM VENTILATION A/S gone bankrupt?

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

What is the bankruptcy risk of HM VENTILATION 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 HM VENTILATION A/S?

Henrik Thue Madsen is the CEO of HM VENTILATION A/S.

Who is the auditor of HM VENTILATION A/S?

HM VENTILATION A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was HM VENTILATION A/S founded?

HM VENTILATION A/S was founded on 1 October 1989.

What is the equity of HM VENTILATION A/S?

Equity was DKK 4.1m 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.