SANDGAARD ASFALT ApS

CVR 20402407 · Private limited company (ApS) · Active · Low risk

SANDGAARD ASFALT ApS is a Private limited company (ApS), founded on , based in Holbæk. The company is registered in the industry specialiserede anlægsaktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 1.8m and a net result of DKK 282k. CEO: Kent Sandgaard.

Bankruptcy risk for SANDGAARD ASFALT ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · 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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · 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
20402407
Status
Active
Company type
Private limited company (ApS)
Founded
(29 years)
Address
Udby Kirkevej 6
4300 Holbæk
Municipality
Holbæk
Industry
Specialiserede anlægsaktiviteter (435000)
Bankruptcies in the industry: Anlæg af ledningsnet til væsker
Share capital
DKK 125k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 27
Missing annual reportNo
Negative equityNo
Equity ratio89.8%
Current ratio908%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.2mDKK 1.1m
Net profitDKK 282kDKK 381k
EquityDKK 1.8mDKK 1.5m
Total assetsDKK 2.0mDKK 1.8m
CashDKK 85k–
Short-term debtDKK 187k–
Tax owedDKK 78k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024121
1 Jan 2023 – 31 Dec 2023148
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021138
1 Jan 2020 – 31 Dec 2020119
1 Jan 2019 – 31 Dec 2019150
1 Jan 2018 – 31 Dec 201887
1 Apr 2016 – 31 Mar 2017136
1 Apr 2015 – 31 Mar 2016161
1 Apr 2014 – 31 Mar 201583
1 Apr 2013 – 31 Mar 201494
1 Apr 2012 – 31 Mar 201375
1 Apr 2011 – 31 Mar 2012103
1 Apr 2010 – 31 Mar 2011109
1 Apr 2009 – 31 Mar 201069
1 Apr 2008 – 31 Mar 200990
1 Apr 2007 – 31 Mar 2008133
1 Apr 2006 – 31 Mar 200779
1 Apr 2005 – 31 Mar 200673

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
CEOKent SandgaardCurrent
CEOPreben Bang Henriksen
CEOFinn Alex Sandgaard Andersen
Owner (100%)SANDGAARD-HOLDING ApSCurrent
Owner (100%)Kent Sandgaard
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorN.C.R.A. ApS
AuditorRGH af 1. november 2024 A/S
FounderPREBEN BANG HENRIKSEN. AALBORG ApSCurrent

The CEOs' other companies

Kent Sandgaard – 1 other companies

Preben Bang Henriksen – 46 other companies, of which 46 bankrupt

Address history (3 moves)

Udby Kirkevej 6, 4300 Holbæk
Udby Kirkevej 6, 4300 Holbæk
Udby Kirkevej 6, 4300 Holbæk
Strandvejen 22, 4520 Svinninge

Former names

SANDGAARD ASFALT ApS – now
PBH 25.887 ApS –

Employees per year

Number of employees at SANDGAARD ASFALT ApS per year352011: 420112012: 320122013: 420132014: 420142015: 520152016: 020162017: 120172018: 22018

Other companies at the same address

Similar companies in Holbæk

Questions and answers about SANDGAARD ASFALT ApS

Has SANDGAARD ASFALT ApS gone bankrupt?

No, SANDGAARD ASFALT ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of SANDGAARD ASFALT ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of SANDGAARD ASFALT ApS?

Kent Sandgaard is the CEO of SANDGAARD ASFALT ApS.

When was SANDGAARD ASFALT ApS founded?

SANDGAARD ASFALT ApS was founded on 1 October 1997.

What is the equity of SANDGAARD ASFALT ApS?

Equity was DKK 1.8m 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.