K. WESTERGAARD Ejendomme A/S

CVR 21828289 · Public limited company (A/S) · Active · Low risk

K. WESTERGAARD Ejendomme A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry udlejning af erhvervsejendomme. 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 9.3m and a net result of DKK 295k. CEO: Erik Kumke Westergaard.

Bankruptcy risk for K. WESTERGAARD Ejendomme A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · 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
21828289
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Høegh Guldbergs Gade 18
8700 Horsens
Municipality
Horsens
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 1.0m
Employees
27 (2018)
Auditor
KRØYER PEDERSEN, Statsautoriserede Revisorer P/S
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 27
Missing annual reportNo
Negative equityNo
Equity ratio76.3%
Current ratio164%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.0mDKK 4.5m
Net profitDKK 295kDKK 103k
EquityDKK 9.3mDKK 12.0m
Total assetsDKK 12.1mDKK 15.3m
CashDKK 551k–
Short-term debtDKK 1.3m–
Tax owedDKK 136k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · KRØYER PEDERSEN, Statsautoriserede Revisorer P/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024146
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022145
1 Jan 2021 – 31 Dec 2021145
1 Jan 2020 – 31 Dec 2020148
1 Jan 2019 – 31 Dec 2019121
1 Jan 2018 – 31 Dec 2018122
1 Jan 2017 – 31 Dec 2017124
1 Jan 2016 – 31 Dec 2016121
1 Jan 2015 – 31 Dec 2015131
1 Jan 2014 – 31 Dec 2014107
1 Jan 2013 – 31 Dec 201393
1 Jan 2012 – 31 Dec 2012126
1 Jan 2011 – 31 Dec 2011127
1 Jan 2010 – 31 Dec 2010136
1 Jan 2009 – 31 Dec 2009130
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007148
1 Jan 2006 – 31 Dec 2006151

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
CEOErik Kumke WestergaardCurrent
BoardEvan HerrigCurrent
BoardUlla WestergaardCurrent
BoardErik Kumke WestergaardCurrent
Owner (100%)U. WESTERGAARD HOLDING ApSCurrent
AuditorKPSR I/S
AuditorKPSR I/S
AuditorKrøyer Pedersen Statsautoriserede Revisorer P/S
FounderUlla WestergaardCurrent

The CEOs' other companies

Erik Kumke Westergaard – 3 other companies

Address history (1 moves)

Høegh Guldbergs Gade 18, 8700 Horsens
Høegh Guldbergs Gade 18, 8700 Horsens

Former names

K. WESTERGAARD Ejendomme A/S – now
K. WESTERGAARD AUTOMOBILER A/S –

Employees per year

Number of employees at K. WESTERGAARD Ejendomme A/S per year14282011: 2420112012: 2620122013: 2620132014: 2720142015: 2820152016: 2720162017: 2820172018: 272018

Other companies at the same address

Similar companies in Horsens

Questions and answers about K. WESTERGAARD Ejendomme A/S

Has K. WESTERGAARD Ejendomme A/S gone bankrupt?

No, K. WESTERGAARD Ejendomme A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of K. WESTERGAARD Ejendomme 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 K. WESTERGAARD Ejendomme A/S?

Erik Kumke Westergaard is the CEO of K. WESTERGAARD Ejendomme A/S.

Who is the auditor of K. WESTERGAARD Ejendomme A/S?

K. WESTERGAARD Ejendomme A/S most recently used KRØYER PEDERSEN, Statsautoriserede Revisorer P/S.

When was K. WESTERGAARD Ejendomme A/S founded?

K. WESTERGAARD Ejendomme A/S was founded on 25 June 1999.

What is the equity of K. WESTERGAARD Ejendomme A/S?

Equity was DKK 9.3m 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.