CHAMPION HOLDING A/S

CVR 20005599 · Public limited company (A/S) · Active · Low risk

CHAMPION HOLDING A/S is a Public limited company (A/S), founded on , based in Otterup. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 58.3m and a net result of DKK -6.2m.

Bankruptcy risk for CHAMPION HOLDING A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · 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
20005599
Status
Active
Company type
Public limited company (A/S)
Founded
(29 years)
Address
Kvindevadet 42
5450 Otterup
Municipality
Nordfyns
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 750k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late10 of 29
Missing annual reportNo
Negative equityNo
Equity ratio81.9%
Current ratio659%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -152kDKK -148k
Net profitDKK -6.2mDKK -544k
EquityDKK 58.3mDKK 64.4m
Total assetsDKK 71.2mDKK 77.0m
CashDKK 0–
Short-term debtDKK 367k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023197 Late
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018175
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016163
1 Jan 2015 – 31 Dec 2015161
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012162
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009156
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007170
1 Jan 2006 – 31 Dec 2006176

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
CEOErling Daugaard Larsen
CEOLars Daugaard Larsen
BoardStine Daugaard KristensenCurrent
BoardAnne Daugaard BarslundCurrent
BoardLars Daugaard LarsenCurrent
BoardErling Daugaard Larsen
BoardVivi Kjær Larsen
BoardJean Varga
BoardLars Daugaard Larsen
BoardLars Daugaard Larsen
BoardErling Daugaard Larsen
BoardLars Daugaard Larsen
BoardLisbeth Achton-Boel
Owner (100%)NF Holding 2019 ApSCurrent
Owner (25%)E. DAUGAARD HOLDING A/S
Owner (67%)L. DAUGAARD HOLDING ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderErling Daugaard LarsenCurrent

The CEOs' other companies

Erling Daugaard Larsen – 9 other companies

Lars Daugaard Larsen – 5 other companies

Address history (2 moves)

Kvindevadet 42, 5450 Otterup
Kvindevadet 42, 5450 Otterup
Kvindevadet 42, 5450 Otterup

Other companies at the same address

Similar companies in Nordfyns

Questions and answers about CHAMPION HOLDING A/S

Has CHAMPION HOLDING A/S gone bankrupt?

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

What is the bankruptcy risk of CHAMPION HOLDING A/S?

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

Who is the auditor of CHAMPION HOLDING A/S?

CHAMPION HOLDING A/S most recently used EY Godkendt Revisionspartnerselskab.

When was CHAMPION HOLDING A/S founded?

CHAMPION HOLDING A/S was founded on 10 February 1997.

What is the equity of CHAMPION HOLDING A/S?

Equity was DKK 58.3m 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.