ARNE VESTERGAARD A/S

CVR 20971274 · Public limited company (A/S) · Active · Low risk

ARNE VESTERGAARD A/S is a Public limited company (A/S), founded on , based in Hørning. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 876k and a net result of DKK 28k. CEO: Aase Breth Andersen.

Bankruptcy risk for ARNE VESTERGAARD A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
20971274
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
Æblehaven 71
8362 Hørning
Municipality
Skanderborg
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 675k
Employees
0 (1999)
Auditor
Revisions-Partner, registrerede revisorer
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 28
Missing annual reportNo
Negative equityNo
Equity ratio95.4%
Current ratio24%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -11kDKK -10kDKK -9,000
Net profitDKK 28kDKK 121kDKK 91k
EquityDKK 876kDKK 915kDKK 829k
Total assetsDKK 918kDKK 941kDKK 834k
CashDKK 3,879DKK 14k–
Short-term debtDKK 42kDKK 26k–
Tax owedDKK 6,401––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisions-Partner, registrerede revisorer.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025141
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023156
1 Jan 2022 – 31 Dec 2022145
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020102
1 Jan 2019 – 31 Dec 2019171
1 Jan 2018 – 31 Dec 2018141
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016115
1 Jan 2015 – 31 Dec 2015147
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012151
1 Jan 2011 – 31 Dec 2011152
1 Jan 2010 – 31 Dec 2010149
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007150
1 Jan 2006 – 31 Dec 2006154

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
CEOAase Breth AndersenCurrent
CEOArne Vestergaard Andersen
BoardMorten Vestergaard AndersenCurrent
BoardHanne Vestergaard AndersenCurrent
BoardThomas Vestergaard AndersenCurrent
BoardArne Vestergaard Andersen
BoardAase Breth Andersen
Owner (100%)Arne Vestergaard AndersenCurrent
AuditorRevisions-Partner I/S, registrerede revisorer
FounderArne Vestergaard AndersenCurrent

Address history (2 moves)

Æblehaven 71, 8362 Hørning
Bodil Møllevej 4, 8362 Hørning
Bodil Møllevej 4, 8362 Hørning

Former names

ARNE VESTERGAARD A/S – now
VARMESMEDEN I HØRNING A/S –

Employees per year

Number of employees at ARNE VESTERGAARD A/S per year591997: 819971998: 919981999: 01999

Similar companies in Skanderborg

Questions and answers about ARNE VESTERGAARD A/S

Has ARNE VESTERGAARD A/S gone bankrupt?

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

What is the bankruptcy risk of ARNE VESTERGAARD A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of ARNE VESTERGAARD A/S?

Aase Breth Andersen is the CEO of ARNE VESTERGAARD A/S.

Who is the auditor of ARNE VESTERGAARD A/S?

ARNE VESTERGAARD A/S most recently used Revisions-Partner, registrerede revisorer.

When was ARNE VESTERGAARD A/S founded?

ARNE VESTERGAARD A/S was founded on 26 June 1998.

What is the equity of ARNE VESTERGAARD A/S?

Equity was DKK 876k 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.