HAGS DANMARK A/S

CVR 20247401 · Public limited company (A/S) · Active · Low risk

HAGS DANMARK A/S is a Public limited company (A/S), founded on , based in Karlslunde. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. 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 6.7m and a net result of DKK 180k. CEO: Michael Adler Pehrson.

Bankruptcy risk for HAGS DANMARK A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
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×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
20247401
Status
Active
Company type
Public limited company (A/S)
Founded
(29 years)
Address
Drejergangen 1B
2690 Karlslunde
Municipality
Greve
Industry
Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
8 (2018)
Auditor
WILLADS & VIBE-HASTRUP GODKENDTE REVISORER ApS
Audit opted out
No

Warning signs

Annual reports filed late1 of 28
Missing annual reportNo
Negative equityNo
Equity ratio18.4%
Current ratio120%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address35
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 12.6mDKK 15.6m
Net profitDKK 180kDKK 2.2m
EquityDKK 6.7mDKK 6.5m
Total assetsDKK 36.2mDKK 31.7m
CashDKK 7.4m–
Short-term debtDKK 29.5m–
Tax owedDKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · WILLADS & VIBE-HASTRUP.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023101
1 Jan 2022 – 31 Dec 2022193 Late
1 Jan 2021 – 31 Dec 2021123
1 Jan 2020 – 31 Dec 2020144
1 Jan 2019 – 31 Dec 2019107
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016135
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013101
1 Jan 2012 – 31 Dec 2012161
1 Oct 2010 – 31 Dec 2011164
1 Oct 2009 – 30 Sep 2010166
1 Oct 2008 – 30 Sep 200982
1 Oct 2007 – 30 Sep 200898
1 Oct 2006 – 30 Sep 200777
1 Oct 2005 – 30 Sep 200650

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
CEOMichael Adler PehrsonCurrent
CEONiels Lustrup Gade
CEOMichael Adler Pehrson
BoardMichael Adler PehrsonCurrent
BoardMark Leslie HoskinsCurrent
BoardTerry David WhooleyCurrent
BoardBryan Joseph YeazelCurrent
BoardCary Robert GlayCurrent
BoardJørgen Franck
BoardLars Kjær Bager
BoardNiels Lustrup Gade
BoardKlaus Lorentz Münter
BoardLars Kjær Bager
BoardJørgen Ulrik Mathiesen
BoardMads Weng Gade
BoardJan Glen Peter Johansson
BoardNils helge Jörgen Nilsson
BoardLars Erik Magnus Antonssen
BoardStephen Geoffrey Lyon
BoardErik Lindblad
BoardTerry David Whooley
BoardFlemming Vincent Vestergaard
Owner (100%)HAGS Play ABCurrent
AuditorWILLADS & VIBE-HASTRUP GODKENDTE REVISORER ApSCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorREVISORFÆLLESSKABET. STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBGC HOLDING 2007, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDatoselskabet af den 3. juli 2016 RVT P/S
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorNyberg & Nielsen ejendomsudlejning I/S
AuditorDueholm & Partnere, Godkendt Revisionshus
FounderGADE ApSCurrent
FounderLekolar A/SCurrent

The CEOs' other companies

Niels Lustrup Gade – 3 other companies

Address history (4 moves)

Drejergangen 1B, 2690 Karlslunde
Drejergangen 1B, 2690 Karlslunde
Lyngbyvej 11, 1. 104, 2100 København Ø
Østerfælled Torv 14B, 1. th, 2100 København Ø
Sundkrogskaj 12, 2100 København Ø

Former names

HAGS DANMARK A/S – now
GADE & CO. A/S –

Employees per year

Number of employees at HAGS DANMARK A/S per year482011: 420112012: 620122013: 620132014: 720142015: 520152016: 520162017: 520172018: 82018

Other companies at the same address

Similar companies in Greve

Questions and answers about HAGS DANMARK A/S

Has HAGS DANMARK A/S gone bankrupt?

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

What is the bankruptcy risk of HAGS 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 HAGS DANMARK A/S?

Michael Adler Pehrson is the CEO of HAGS DANMARK A/S.

Who is the auditor of HAGS DANMARK A/S?

HAGS DANMARK A/S most recently used WILLADS & VIBE-HASTRUP GODKENDTE REVISORER ApS.

When was HAGS DANMARK A/S founded?

HAGS DANMARK A/S was founded on 1 August 1997.

What is the equity of HAGS DANMARK A/S?

Equity was DKK 6.7m 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.