VEJVAD HOLDING ApS

CVR 20838639 · Private limited company (ApS) · Active · Low risk

VEJVAD HOLDING ApS is a Private limited company (ApS), founded on , based in Herning. 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. The latest annual report (31 Dec 2025) shows equity of DKK 9.8m and a net result of DKK -195k. CEO: Michael Meedom Vejvad.

Bankruptcy risk for VEJVAD HOLDING ApS

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

CEO changes1 · bankruptcy rate 11.4%1.3×
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×
Loss for the yearYes · bankruptcy rate 10.3%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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
20838639
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Michael Jensens Vej 1
7400 Herning
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 200k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 28
Missing annual reportNo
Negative equityNo
Equity ratio40.1%
Current ratio2%
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 -5,317DKK -5,155
Net profitDKK -195kDKK -657k
EquityDKK 9.8mDKK 14.0m
Total assetsDKK 24.6mDKK 27.1m
CashDKK 285k–
Short-term debtDKK 14.7m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025120
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023150
1 Jan 2022 – 31 Dec 2022118
1 Jan 2021 – 31 Dec 2021145
1 Jan 2020 – 31 Dec 2020166
1 Jan 2019 – 31 Dec 2019155
1 Jan 2018 – 31 Dec 2018141
1 Jan 2017 – 31 Dec 201781
1 Jan 2016 – 31 Dec 201658
1 Jan 2015 – 31 Dec 201578
1 Jan 2014 – 31 Dec 2014120
1 Jan 2013 – 31 Dec 2013130
1 Jan 2012 – 31 Dec 2012151
1 Jan 2011 – 31 Dec 2011114
1 Jan 2010 – 31 Dec 2010159
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 200896
1 Jan 2007 – 31 Dec 2007136
1 Jan 2006 – 31 Dec 200681

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 Meedom VejvadCurrent
CEOErik Flemming Vejvad
Owner (25%)VEJVAD HOLDING ApSCurrent
Owner (20%)Flemming Vejvad Holding ApSCurrent
Owner (50%)MICHAEL VEJVAD HOLDING ApSCurrent
Owner (50%)Erik Flemming Vejvad
Owner (50%)Michael Meedom Vejvad
Owner (50%)Flemming Vejvad Holding ApS
AuditorSR. STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorAKTIESELSKABET AF 10. AUGUST 1998
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
FounderErik Flemming VejvadCurrent
FounderMichael Meedom VejvadCurrent

The CEOs' other companies

Michael Meedom Vejvad – 8 other companies

Erik Flemming Vejvad – 5 other companies

Address history (1 moves)

Michael Jensens Vej 1, 7400 Herning
Tjelevej 16, 7400 Herning

Other companies at the same address

Similar companies in Herning

Questions and answers about VEJVAD HOLDING ApS

Has VEJVAD HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of VEJVAD HOLDING ApS?

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 VEJVAD HOLDING ApS?

Michael Meedom Vejvad is the CEO of VEJVAD HOLDING ApS.

Who is the auditor of VEJVAD HOLDING ApS?

VEJVAD HOLDING ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was VEJVAD HOLDING ApS founded?

VEJVAD HOLDING ApS was founded on 2 January 1998.

What is the equity of VEJVAD HOLDING ApS?

Equity was DKK 9.8m 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.