INNOVATION HOLDING A/S

CVR 20309202 · Public limited company (A/S) · Active · Low risk

INNOVATION HOLDING A/S is a Public limited company (A/S), founded on , based in Randers NØ. The company is registered in the industry ikke-finansielle holdingselskaber. 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 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 215.7m and a net result of DKK 5.2m. CEO: Emil Pagter Højfeldt.

Bankruptcy risk for INNOVATION HOLDING A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
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
20309202
Status
Active
Company type
Public limited company (A/S)
Founded
(29 years)
Address
Blommevej 38
8930 Randers NØ
Municipality
Randers
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 8.1m
Employees
2 (2018)
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late5 of 29
Missing annual reportNo
Negative equityNo
Equity ratio99.8%
Current ratio16,066%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address20
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -129kDKK -33k
Net profitDKK 5.2mDKK 13.5m
EquityDKK 215.7mDKK 227.1m
Total assetsDKK 216.0mDKK 227.7m
CashDKK 18.5m–
Short-term debtDKK 331k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015155
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013164
1 Jan 2012 – 31 Dec 2012170
1 Jan 2011 – 31 Dec 2011158
1 Jan 2010 – 31 Dec 2010156
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007157
1 Jan 2006 – 31 Dec 2006158

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
CEOEmil Pagter HøjfeldtCurrent
CEOFlemming Højfeldt
BoardJohn Maul SørensenCurrent
BoardEmil Pagter HøjfeldtCurrent
BoardLaura Skjøtt SkipperCurrent
BoardFlemming Højfeldt
BoardKnud Christian Timm
BoardDorte Boe Pagter
BoardAnders Løgstrup Bay
BoardDorte Boe Pagter
Owner (100%)Innovation Holding 2 ApSCurrent
Owner (5%)FLHO 2 ApS
Owner (90%)FLHO 1 ApS
Owner (67%)Innovation Holding 2 ApS
Owner (5%)FLHO 4 ApS
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorKPMG C JESPERSEN I/S
AuditorJCN, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorJOKE, RANDERS A/S
Auditor18. juni 2024 P/S
FounderFlemming HøjfeldtCurrent

The CEOs' other companies

Emil Pagter Højfeldt – 11 other companies

Flemming Højfeldt – 22 other companies

Address history (2 moves)

Blommevej 38, 8930 Randers NØ
Blommevej 38, 8930 Randers NØ
Blommevej 38, 8900 Randers C

Employees per year

Number of employees at INNOVATION HOLDING A/S per year232011: 320112012: 320122013: 220132014: 320142015: 220152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Randers

Questions and answers about INNOVATION HOLDING A/S

Has INNOVATION HOLDING A/S gone bankrupt?

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

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

Emil Pagter Højfeldt is the CEO of INNOVATION HOLDING A/S.

Who is the auditor of INNOVATION HOLDING A/S?

INNOVATION HOLDING A/S most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was INNOVATION HOLDING A/S founded?

INNOVATION HOLDING A/S was founded on 5 September 1997.

What is the equity of INNOVATION HOLDING A/S?

Equity was DKK 215.7m 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.