MICHAEL HAARGAARD A/S

CVR 21835498 · Public limited company (A/S) · Active · Low risk

MICHAEL HAARGAARD A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry ejendomsmægleres aktiviteter. 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 3.6m and a net result of DKK 2.6m. CEO: Michael Haargaard.

Bankruptcy risk for MICHAEL HAARGAARD 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

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
21835498
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Løvenørnsgade 3, st.
8700 Horsens
Municipality
Horsens
Industry
Ejendomsmægleres aktiviteter (683110)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 1.0m
Employees
25 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 26
Missing annual reportNo
Negative equityNo
Equity ratio60.1%
Current ratio245%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 9.6mDKK 9.2m
Net profitDKK 2.6mDKK 2.7m
EquityDKK 3.6mDKK 3.7m
Total assetsDKK 6.0mDKK 5.7m
CashDKK 5.0m–
Short-term debtDKK 2.4m–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202548
1 Jan 2024 – 31 Dec 202437
1 Jan 2023 – 31 Dec 202373
1 Jan 2022 – 31 Dec 202272
1 Jan 2021 – 31 Dec 202147
1 Jan 2020 – 31 Dec 202063
1 Jan 2019 – 31 Dec 2019126
1 Jan 2018 – 31 Dec 201877
1 Jan 2017 – 31 Dec 201773
1 Jan 2016 – 31 Dec 2016129
1 Jan 2015 – 31 Dec 201546
1 Jan 2014 – 31 Dec 201447
1 Jan 2013 – 31 Dec 201335
1 Jul 2011 – 30 Jun 2012124
1 Jul 2010 – 30 Jun 201181
1 Jul 2009 – 30 Jun 201078
1 Jul 2008 – 30 Jun 2009156
1 Jul 2007 – 30 Jun 2008100
1 Jan 2006 – 31 Dec 200688
1 Jan 2005 – 31 Dec 2005160

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 HaargaardCurrent
CEOMichael Vinter Jessen
CEOLisbeth Katharina Stenfeldt Kirkegaard
CEOSvenn Haargaard
BoardSvenn HaargaardCurrent
BoardMichael HaargaardCurrent
BoardMorten Sole SigerstedCurrent
BoardNikolaj Salling PoulsenCurrent
BoardLisbeth Katharina Stenfeldt Kirkegaard
BoardMichael Vinter Jessen
BoardBørge Kirkegaard
BoardKaren Kristine Stenfeldt Kirkegaard
BoardBørge Kirkegaard
BoardOle Møller Jespersen
BoardLone Engelbrecht Haargaard
BoardBente Jørgensen Haargaard
BoardPernille Haargaard
Owner (20%)Sigersted Invest ApSCurrent
Owner (20%)Salling Holdingselskab ApSCurrent
Owner (50%)MICHAEL HAARGAARD HOLDING A/SCurrent
Owner (5%)E. Fruerlund Holding ApSCurrent
Owner (100%)MICHAEL HAARGAARD HOLDING A/S
Owner (10%)Morten Sole Sigersted
Owner (90%)MICHAEL HAARGAARD HOLDING A/S
Owner (10%)Sigersted Invest ApS
Owner (10%)Nikolaj Salling Poulsen
Owner (67%)MICHAEL HAARGAARD HOLDING A/S
Owner (10%)Salling Holdingselskab ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorPricewaterhouseCoopers
AuditorQurios Statsautoriseret Revisionsinteressentskab
AuditorRL VEJLE, A/S
AuditorROESGAARD A/S
FounderMichael Vinter JessenCurrent
FounderBørge KirkegaardCurrent

The CEOs' other companies

Michael Haargaard – 16 other companies

Michael Vinter Jessen – 7 other companies

Lisbeth Katharina Stenfeldt Kirkegaard – 11 other companies, of which 3 bankrupt

Svenn Haargaard – 51 other companies

Address history (2 moves)

Løvenørnsgade 3, st., 8700 Horsens
Løvenørnsgade 3, st., 8700 Horsens
Sundvej 9, 8700 Horsens

Former names

MICHAEL HAARGAARD A/S – now
DANBOLIG HORSENS A/S –
KIRKEGAARDS EJENDOMSKONTOR A/S –

Employees per year

Number of employees at MICHAEL HAARGAARD A/S per year13262011: 1320112012: 1120122013: 1620132014: 1320142015: 1120152016: 1720162017: 2620172018: 252018

Other companies at the same address

Similar companies in Horsens

Questions and answers about MICHAEL HAARGAARD A/S

Has MICHAEL HAARGAARD A/S gone bankrupt?

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

What is the bankruptcy risk of MICHAEL HAARGAARD 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 MICHAEL HAARGAARD A/S?

Michael Haargaard is the CEO of MICHAEL HAARGAARD A/S.

Who is the auditor of MICHAEL HAARGAARD A/S?

MICHAEL HAARGAARD A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was MICHAEL HAARGAARD A/S founded?

MICHAEL HAARGAARD A/S was founded on 20 June 1999.

What is the equity of MICHAEL HAARGAARD A/S?

Equity was DKK 3.6m 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.