HULTAFORS GROUP DANMARK A/S

CVR 14252533 · Public limited company (A/S) · Active · Low risk

HULTAFORS GROUP DANMARK A/S is a Public limited company (A/S), founded on , based in Ballerup. The company is registered in the industry engroshandel med beklædning. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 354.8m and a net result of DKK 5.5m. CEO: David Rune Kaas Neergaard.

Bankruptcy risk for HULTAFORS GROUP DANMARK 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 late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
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×
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
14252533
Status
Active
Company type
Public limited company (A/S)
Founded
(36 years)
Address
Energivej 37
2750 Ballerup
Municipality
Ballerup
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.0m
Employees
26 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio90.1%
Current ratio161%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 26.1mDKK 29.8mDKK 28.8m
Net profitDKK 5.5mDKK 8.6mDKK 8.4m
EquityDKK 354.8mDKK 34.7mDKK 34.1m
Total assetsDKK 393.7mDKK 73.8mDKK 68.6m
CashDKK 3,470DKK 2,557–
Short-term debtDKK 38.5mDKK 38.4m–
Tax owedDKK 54kDKK 485k–
Avg. employees2828–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023145
1 Jan 2022 – 31 Dec 2022124
1 Jan 2021 – 31 Dec 2021136
1 Jan 2020 – 31 Dec 202078
1 Jan 2019 – 31 Dec 201994
1 Jan 2018 – 31 Dec 201892
1 Jan 2017 – 31 Dec 201760
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 2015128
1 Jan 2014 – 31 Dec 2014134
1 Jan 2013 – 31 Dec 2013112
1 Jan 2012 – 31 Dec 2012121
1 Jan 2011 – 31 Dec 2011177
1 Jan 2010 – 31 Dec 2010125
1 Jan 2009 – 31 Dec 2009152
1 Jul 2007 – 31 Dec 2008126
1 Jul 2006 – 30 Jun 2007158
1 Jul 2005 – 30 Jun 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
CEODavid Rune Kaas NeergaardCurrent
CEOSusanne Saul Stakemann
CEOThomas Lunau
CEOThomas Lunau
BoardDavid Rune Kaas NeergaardCurrent
BoardPelle Erik Werner WidënCurrent
BoardIda Josefina SaalmanCurrent
BoardPer Emil Hasselbalch Stakemann
BoardLeif Jondring
BoardLeif Gunnar Israelsson
BoardThomas Lunau
BoardFreddie Henriksen Vestphal
BoardHans Henrik Skjødt
BoardSøren Boye Nielsen
BoardPeter Edwinson
BoardNils Holmdahl
BoardBo Jägnefält
BoardRolf Peter Andersson
BoardFrederik Carl Uhrbom
BoardBo Jägnefält
BoardAlexander Wennergren Helm
BoardBengt Peter Edwinson
BoardOle Kristian Jødahl
BoardErik Torbjörn Eriksson
BoardAnne Marie Sletvold Grønnestad
Owner (100%)Hultafors Group ABCurrent
Owner (100%)Hultafors AB
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorErik Tronborg Andersen
AuditorPGF FORMUEFORVALTNING ApS
AuditorPGF 1997 ApS
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderA/S PSE NR. 1444Current

The CEOs' other companies

David Rune Kaas Neergaard – 1 other companies

Susanne Saul Stakemann – 60 other companies, of which 60 bankrupt

Thomas Lunau – 8 other companies, of which 2 bankrupt

Address history (0 moves)

Energivej 37, 2750 Ballerup

Former names

HULTAFORS GROUP DANMARK A/S – now
SNICKERS WORKWEAR A/S –
SNICKERS ORIGINAL DANMARK ARBEJDSBEKLÆDNING A/S –
ApS SMBK NR. 2020 –

Employees per year

Number of employees at HULTAFORS GROUP DANMARK A/S per year14272011: 2720112012: 2320122013: 2320132014: 2020142015: 2520152016: 2420162017: 2520172018: 262018

Other companies at the same address

Similar companies in Ballerup

Questions and answers about HULTAFORS GROUP DANMARK A/S

Has HULTAFORS GROUP DANMARK A/S gone bankrupt?

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

What is the bankruptcy risk of HULTAFORS GROUP DANMARK 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 HULTAFORS GROUP DANMARK A/S?

David Rune Kaas Neergaard is the CEO of HULTAFORS GROUP DANMARK A/S.

Who is the auditor of HULTAFORS GROUP DANMARK A/S?

HULTAFORS GROUP DANMARK A/S most recently used EY Godkendt Revisionspartnerselskab.

When was HULTAFORS GROUP DANMARK A/S founded?

HULTAFORS GROUP DANMARK A/S was founded on 1 June 1990.

What is the equity of HULTAFORS GROUP DANMARK A/S?

Equity was DKK 354.8m 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.