VARDE OVNE A/S

CVR 21554979 · Public limited company (A/S) · Active · Low risk

VARDE OVNE A/S is a Public limited company (A/S), founded on , based in Kolding. The company is registered in the industry engroshandel med andre husholdningsartikler i.a.n.. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 9.0m and a net result of DKK -92k.

Bankruptcy risk for VARDE OVNE A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
21554979
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Haderslevvej 36
6000 Kolding
Municipality
Kolding
Industry
Engroshandel med andre husholdningsartikler i.a.n. (464990)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
11 (2018)
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late0 of 27
Missing annual reportNo
Negative equityNo
Equity ratio33.1%
Current ratio164%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 4.7mDKK 1.9mDKK 19.5m
Net profitDKK -92kDKK -3.8mDKK 9.3m
EquityDKK 9.0mDKK 9.1mDKK 14.9m
Total assetsDKK 27.2mDKK 32.8mDKK 38.2m
CashDKK 246DKK 246–
Short-term debtDKK 14.9mDKK 19.9m–
Avg. employees89–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · KPMGStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025163
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023106
1 Jan 2022 – 31 Dec 2022103
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020137
1 Jan 2019 – 31 Dec 2019118
1 Jan 2018 – 31 Dec 2018100
1 Jan 2017 – 31 Dec 201782
1 Jan 2016 – 31 Dec 201688
1 Jan 2015 – 31 Dec 201578
1 Jan 2014 – 31 Dec 201490
1 Jan 2013 – 31 Dec 201386
1 Jan 2012 – 31 Dec 2012141
1 Jan 2011 – 31 Dec 2011150
1 Jan 2010 – 31 Dec 2010151
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008119
1 Jan 2007 – 31 Dec 2007171
1 Jan 2006 – 31 Dec 2006182

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
CEOLars Duus Madsen
CEOFreddy Beck
BoardBengt Olof Niklas GunnarssonCurrent
BoardLars Ulrich BorchCurrent
BoardMichael TolbøllCurrent
BoardAksel Henneberg Pedersen
BoardPreben Holmboe
BoardLars Duus Madsen
BoardJan Helskov Hansen
BoardBent Ove Larsen
BoardOle Feder Madsen
BoardGert Eric Lindquist
BoardBo Erling Ingvar Nilsson
BoardFreddy Beck
BoardTorben Thuesen Andersen
BoardJohn Hellemann Laursen
BoardThomas Storm Autzen
BoardJan Meldgård Arildsen
BoardPeter Bager
BoardThomas Karl Lennart Bergman
BoardHenrik Nøhr
BoardMichael Verman
Owner (100%)Nibe Industrier ABCurrent
AuditorKPMG P/SCurrent
AuditorFASBAG A/S
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorTOP B ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorKPMG P/S
FounderAKSPED HOLDING ApSCurrent

The CEOs' other companies

Lars Duus Madsen – 23 other companies

Freddy Beck – 3 other companies

Address history (4 moves)

Haderslevvej 36, 6000 Kolding
Pottemagervej 1, 7100 Vejle
Soldalen 12, 7100 Vejle
Kongevej 246, 6510 Gram
Kongevej 246, 6510 Gram

Former names

VARDE OVNE A/S – now
VARDE BRÆNDEOVNE A/S –

Employees per year

Number of employees at VARDE OVNE A/S per year8162011: 1620112012: 1520122013: 1220132014: 1120142015: 820152016: 1220162017: 820172018: 112018

Other companies at the same address

Similar companies in Kolding

Questions and answers about VARDE OVNE A/S

Has VARDE OVNE A/S gone bankrupt?

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

What is the bankruptcy risk of VARDE OVNE A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of VARDE OVNE A/S?

VARDE OVNE A/S most recently used KPMG P/S.

When was VARDE OVNE A/S founded?

VARDE OVNE A/S was founded on 25 January 1999.

What is the equity of VARDE OVNE A/S?

Equity was DKK 9.0m 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.