HOVGÅRD BESLAG A/S

CVR 19742202 · Public limited company (A/S) · Active · Low risk

HOVGÅRD BESLAG A/S is a Public limited company (A/S), founded on , based in Grindsted. The company is registered in the industry anden specialiseret engroshandel i.a.n.. 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 5.0m and a net result of DKK 438k. CEO: Morten Hovgård-Nielsen.

Bankruptcy risk for HOVGÅRD BESLAG A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×

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
19742202
Status
Active
Company type
Public limited company (A/S)
Founded
(29 years)
Address
Trehøjevej 11
7200 Grindsted
Municipality
Billund
Industry
Anden specialiseret engroshandel i.a.n. (468900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
8 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 29
Missing annual reportNo
Negative equityNo
Equity ratio72.2%
Current ratio350%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.5mDKK 4.0m
Net profitDKK 438kDKK 722k
EquityDKK 5.0mDKK 4.8m
Total assetsDKK 6.9mDKK 7.5m
CashDKK 338k–
Short-term debtDKK 1.5m–
Tax owedDKK 134k–
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 Jan 2025 – 31 Dec 2025153
1 Jan 2024 – 31 Dec 2024140
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021151
1 Jan 2020 – 31 Dec 2020130
1 Jan 2019 – 31 Dec 2019149
1 Jan 2018 – 31 Dec 2018131
1 Jan 2017 – 31 Dec 2017128
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015145
1 Jan 2014 – 31 Dec 2014107
1 Jan 2013 – 31 Dec 2013132
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011122
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007146
1 Jan 2006 – 31 Dec 200687

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
CEOMorten Hovgård-NielsenCurrent
CEOBent Hovgård-Nielsen
BoardMorten Hovgård-NielsenCurrent
BoardRandi Boel Hovgård-NielsenCurrent
BoardRita Jensine Hovgård-NielsenCurrent
BoardBent Hovgård-NielsenCurrent
Owner (100%)KRONHEDEN HOLDING ApSCurrent
Owner (33%)AURORA GRINDSTED HOLDING ApS
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorHans Oksbjerg Jensen
AuditorPricewaterhouseCoopers I/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKROGH & THOMSEN I/S
FounderBent Hovgård-NielsenCurrent
FounderMorten Hovgård-NielsenCurrent

The CEOs' other companies

Morten Hovgård-Nielsen – 2 other companies

Bent Hovgård-Nielsen – 4 other companies, of which 1 bankrupt

Address history (2 moves)

Trehøjevej 11, 7200 Grindsted
Trehøjevej 11, 7200 Grindsted
Trehøjevej 12, 7200 Grindsted

Former names

HOVGÅRD BESLAG A/S – now
HOVGÅRD BESLAG ApS –

Employees per year

Number of employees at HOVGÅRD BESLAG A/S per year592011: 720112012: 820122013: 720132014: 720142015: 720152016: 920162017: 920172018: 82018

Other companies at the same address

Similar companies in Billund

Questions and answers about HOVGÅRD BESLAG A/S

Has HOVGÅRD BESLAG A/S gone bankrupt?

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

What is the bankruptcy risk of HOVGÅRD BESLAG 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 HOVGÅRD BESLAG A/S?

Morten Hovgård-Nielsen is the CEO of HOVGÅRD BESLAG A/S.

Who is the auditor of HOVGÅRD BESLAG A/S?

HOVGÅRD BESLAG A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was HOVGÅRD BESLAG A/S founded?

HOVGÅRD BESLAG A/S was founded on 13 January 1997.

What is the equity of HOVGÅRD BESLAG A/S?

Equity was DKK 5.0m 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.