BAKER HUGHES DENMARK ApS

CVR 18064898 · Private limited company (ApS) · Active · Low risk

BAKER HUGHES DENMARK ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. 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 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 61.1m and a net result of DKK -6.6m. CEO: Valentina Baldini.

Bankruptcy risk for BAKER HUGHES DENMARK ApS

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×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Dissolution warning from the Business AuthorityYes · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Reporting classReporting class C, medium-size enterprise · bankruptcy rate 0.8%0.09×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
18064898
Status
Active
Company type
Private limited company (ApS)
Founded
(34 years)
Address
c/o TMF Denmark A/S, H.C. Andersens Boulevard 38, 3. th
1553 København V
Municipality
København
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 623k
Employees
26 (2018)
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late13 of 31
Missing annual reportNo
Negative equityNo
Equity ratio36.3%
Current ratio157%
Moves (last 2 years)0
CEO changes in total24
CEO's previous bankruptcies0
Other companies at the address120
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 24.9mDKK 128.2m
Gross profitDKK -5.2mDKK 37.3m
Net profitDKK -6.6mDKK 22.2m
EquityDKK 61.1mDKK 67.7m
Total assetsDKK 168.4mDKK 186.6m
CashDKK 0–
Short-term debtDKK 107.3m–
Tax owedDKK 0–
Avg. employees8–

Latest annual report: Reporting class C, medium-size enterprise · auditor's statement: Auditor's report on audited financial statements · KPMGStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023192 Late
1 Jan 2022 – 31 Dec 2022193 Late
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020139
1 Jan 2019 – 31 Dec 2019279 Late
1 Jan 2018 – 31 Dec 2018193 Late
1 Jan 2017 – 31 Dec 2017168
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015183
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012153
1 Jan 2011 – 31 Dec 2011151
1 Jan 2010 – 31 Dec 2010170
1 Jan 2009 – 31 Dec 2009178
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007154
1 Jan 2006 – 31 Dec 2006155

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
CEOValentina BaldiniCurrent
CEOPer Emil Hasselbalch Stakemann
CEODavid John Poirer
CEOHeinz-Jurgen Panhorst
CEOPeter John Woolley
CEORonald Joseph Berger
CEORüdiger Lichte
CEOJens Anders Drejer Mikkelsen
CEOTommie Lee Pate
CEOMette Stengaard Munkholm
CEOKimmy Pultz Bauer
CEOIain John Murray
CEOMichael Allan Rasmuson
CEOMette Stengaard Munkholm
CEOMelissa Lee Whitley
BoardJeroen LakerveldCurrent
BoardValentina BaldiniCurrent
BoardGerardus Anthonie LithCurrent
BoardHans Christian Galst
BoardUlf Svejgaard Poulsen
BoardPer Emil Hasselbalch Stakemann
BoardPeter John Woolley
BoardAlan Legg
BoardHeinz-Jurgen Panhorst
BoardWilliam David Maclean
BoardGeorge Reekie
BoardRonald Joseph Berger
BoardLeslie Hewitt Strachan
BoardJens Anders Drejer Mikkelsen
BoardAlastair Rhodes Fleck
BoardRüdiger Lichte
BoardAngela Durkin
BoardTommie Lee Pate
BoardFerrier William Stewart Raitt
BoardKimmy Pultz Bauer
BoardIain John Murray
BoardMichael Allan Rasmuson
BoardPascal Kool
BoardMervyn Anthony Leslie Fernandes
BoardMette Stengaard Munkholm
BoardMelissa Lee Whitley
BoardJeroen Lakerveld
BoardOle Juul Nielsen
BoardMelissa Lee Whitley
Owner (100%)Baker Hughes Nederland Holdings B.V.Current
AuditorKPMG P/SCurrent
AuditorErik Tronborg Andersen
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMEDIMEX ApSCurrent
FounderApS KBIL 9 NR. 1008Current
FounderVX 20.181 ApSCurrent

The CEOs' other companies

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

Address history (3 moves)

c/o TMF Denmark A/S, H.C. Andersens Boulevard 38, 3. th, 1553 København V
c/o TMF Denmark A/S, Købmagergade 60, 1. tv, 1150 København K
Håndværkervej 4, 6710 Esbjerg V
Håndværkervej 2, 6710 Esbjerg V

Former names

BAKER HUGHES DENMARK ApS – now
A/S PSE 38 NR. 1514 –

Employees per year

Number of employees at BAKER HUGHES DENMARK ApS per year30592011: 4820112012: 5020122013: 4920132014: 5920142015: 5320152016: 4320162017: 2420172018: 262018

Other companies at the same address

Similar companies in København

Questions and answers about BAKER HUGHES DENMARK ApS

Has BAKER HUGHES DENMARK ApS gone bankrupt?

No, BAKER HUGHES DENMARK ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of BAKER HUGHES DENMARK 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 BAKER HUGHES DENMARK ApS?

Valentina Baldini is the CEO of BAKER HUGHES DENMARK ApS.

Who is the auditor of BAKER HUGHES DENMARK ApS?

BAKER HUGHES DENMARK ApS most recently used KPMG P/S.

When was BAKER HUGHES DENMARK ApS founded?

BAKER HUGHES DENMARK ApS was founded on 1 July 1992.

What is the equity of BAKER HUGHES DENMARK ApS?

Equity was DKK 61.1m 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.