BILLUND AIR CENTER A/S

CVR 18805189 · Public limited company (A/S) · Active · Low risk

BILLUND AIR CENTER A/S is a Public limited company (A/S), founded on , based in Billund. The company is registered in the industry undervisning på erhvervsfaglige skoler. Our model estimates a bankruptcy risk of 0.1% 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 (30 Sep 2025) shows equity of DKK 2.3m and a net result of DKK 699k. CEO: Dennis Baumann.

Bankruptcy risk for BILLUND AIR CENTER A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%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
18805189
Status
Active
Company type
Public limited company (A/S)
Founded
(31 years)
Address
Stratusvej 15
7190 Billund
Municipality
Billund
Industry
Undervisning på erhvervsfaglige skoler (853200)
Bankruptcies in the industry: Anden undervisning i.a.n.
Share capital
DKK 450k
Employees
26 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio19.8%
Current ratio32%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.3mDKK 4.9m
Net profitDKK 699kDKK 22k
EquityDKK 2.3mDKK 1.6m
Total assetsDKK 11.8mDKK 11.2m
CashDKK 66k–
Short-term debtDKK 3.9m–
Tax owedDKK 199k–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202578
1 Oct 2023 – 30 Sep 2024164
1 Oct 2022 – 30 Sep 2023157
1 Oct 2021 – 30 Sep 202295
1 Oct 2020 – 30 Sep 2021112
1 Oct 2019 – 30 Sep 2020119
1 Oct 2018 – 30 Sep 2019155
1 Oct 2017 – 30 Sep 2018136
1 Oct 2016 – 30 Sep 2017150
1 Oct 2015 – 30 Sep 2016151
1 Oct 2014 – 30 Sep 2015105
1 Oct 2013 – 30 Sep 2014113
1 Oct 2012 – 30 Sep 2013103
1 Oct 2011 – 30 Sep 2012102
1 Oct 2010 – 30 Sep 201195
1 Oct 2009 – 30 Sep 201096
1 Oct 2008 – 30 Sep 2009152
1 Oct 2007 – 30 Sep 2008104
1 Oct 2006 – 30 Sep 2007100
1 Oct 2005 – 30 Sep 2006102

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
CEODennis BaumannCurrent
CEOPia Bragen Askholm
BoardDennis BaumannCurrent
BoardJørn Frede AskholmCurrent
BoardKevin AssenbjergCurrent
BoardJørn Frede Askholm
BoardPia Bragen Askholm
BoardErik Bragen Pedersen
BoardHanne Mols
BoardKevin Assenbjerg
Owner (50%)Baumann Holding Ølgod ApSCurrent
Owner (33%)M3 Holding af 2021 ApSCurrent
Owner (100%)BILAIR HOLDING ApS
Owner (15%)Jørn Frede Askholm
Owner (15%)Pia Bragen Askholm
Owner (33%)Hanne Mols
Owner (33%)Dennis Baumann
Owner (33%)BILAIR HOLDING ApS
Owner (33%)MolsJuel ApS
Owner (33%)Baumann Holding Ølgod ApS
Owner (50%)BILAIR HOLDING ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorLILIAN-SKAT ApS
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJørn Frede AskholmCurrent
FounderPia Bragen AskholmCurrent

The CEOs' other companies

Dennis Baumann – 1 other companies

Pia Bragen Askholm – 1 other companies

Address history (4 moves)

Stratusvej 15, 7190 Billund
Stratusvej 15, 7190 Billund
Stratusvej 15,
Lufthavnsvej 47, 7190 Billund
Lufthavnsvej 43, 7190 Billund

Employees per year

Number of employees at BILLUND AIR CENTER A/S per year13262011: 1820112012: 1420122013: 1320132014: 1520142015: 1320152016: 1420162017: 1520172018: 262018

Other companies at the same address

Questions and answers about BILLUND AIR CENTER A/S

Has BILLUND AIR CENTER A/S gone bankrupt?

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

What is the bankruptcy risk of BILLUND AIR CENTER A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of BILLUND AIR CENTER A/S?

Dennis Baumann is the CEO of BILLUND AIR CENTER A/S.

Who is the auditor of BILLUND AIR CENTER A/S?

BILLUND AIR CENTER A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was BILLUND AIR CENTER A/S founded?

BILLUND AIR CENTER A/S was founded on 22 September 1995.

What is the equity of BILLUND AIR CENTER A/S?

Equity was DKK 2.3m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.