Skovgaard Energy A/S

CVR 24205371 · Public limited company (A/S) · Active · Low risk

Skovgaard Energy A/S is a Public limited company (A/S), founded on , based in Lemvig. The company is registered in the industry investering for egen regning. 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, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 422.0m and a net result of DKK 178.9m. CEO: Niels Erik Skovmose Madsen.

Bankruptcy risk for Skovgaard Energy 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

Website registeredYes · bankruptcy rate 12.0%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Reporting classReporting class C, mellemstor virksomhed · 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×
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
24205371
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Havnen 66
7620 Lemvig
Municipality
Lemvig
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 439k
Employees
7 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 26
Missing annual reportNo
Negative equityNo
Equity ratio48.9%
Current ratio22%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address22
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue–DKK 7.3mDKK 12.7m
Gross profitDKK 17.8mDKK -3.1mDKK -12.4m
Net profitDKK 178.9mDKK 22.1mDKK 644.6m
EquityDKK 422.0mDKK 243.1mDKK 238.2m
Total assetsDKK 863.7mDKK 864.5mDKK 1.3bn
CashDKK 3.1mDKK 14.2m–
Short-term debtDKK 361.9mDKK 503.7m–
Avg. employees2832–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021201 Late
1 Jan 2020 – 31 Dec 2020173
1 Jan 2019 – 31 Dec 2019185 Late
1 Jan 2018 – 31 Dec 2018153
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014146
1 Jan 2013 – 31 Dec 201379
1 Jan 2012 – 31 Dec 2012123
1 Jan 2011 – 31 Dec 2011141
1 Jan 2010 – 31 Dec 2010142
1 Jan 2009 – 31 Dec 2009138
1 Jan 2008 – 31 Dec 2008144
1 Jan 2007 – 31 Dec 2007101
1 Jan 2006 – 31 Dec 200691

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
CEONiels Erik Skovmose MadsenCurrent
CEOJørgen Skovgaard
BoardJørgen SkovgaardCurrent
BoardBjarke Mollerup BitschCurrent
BoardPat A HanCurrent
BoardChlinton Arendahl NielsenCurrent
BoardKristine Bro SkovgaardCurrent
BoardNiels Erik Skovmose Madsen
BoardAnders Jørgen Lenborg
Owner (5%)Cloudberry Clean Energy ASACurrent
Owner (90%)NORTHFOLD CAPITAL ApSCurrent
Owner (100%)SKOVGAARD CAPITAL ApS
Owner (90%)SKOVGAARD CAPITAL ApS
Owner (67%)SKOVGAARD CAPITAL ApS
Owner (90%)SKOVGAARD CAPITAL ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorRevisionsfirmaet Ole Vestergaard Statsautoriseret revisor
AuditorREVISIONSFIRMAET OLE VESTERGAARD, STATSAUTORISERET REVISIONSANPARTSSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJørgen SkovgaardCurrent

The CEOs' other companies

Niels Erik Skovmose Madsen – 15 other companies

Jørgen Skovgaard – 44 other companies

Address history (1 moves)

Havnen 66, 7620 Lemvig
Kirkebyvej 1, 7620 Lemvig

Former names

Skovgaard Energy A/S – now
Skovgaard Energy ApS –
SKOVGAARD INVEST ApS –

Employees per year

Number of employees at Skovgaard Energy A/S per year472011: 320112012: 320122013: 420132014: 420142015: 520152016: 620162017: 620172018: 72018

Other companies at the same address

Similar companies in Lemvig

Questions and answers about Skovgaard Energy A/S

Has Skovgaard Energy A/S gone bankrupt?

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

What is the bankruptcy risk of Skovgaard Energy 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 Skovgaard Energy A/S?

Niels Erik Skovmose Madsen is the CEO of Skovgaard Energy A/S.

Who is the auditor of Skovgaard Energy A/S?

Skovgaard Energy A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was Skovgaard Energy A/S founded?

Skovgaard Energy A/S was founded on 7 October 1999.

What is the equity of Skovgaard Energy A/S?

Equity was DKK 422.0m 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.