ØGAARD A/S

CVR 24206092 · Public limited company (A/S) · Active · Low risk

ØGAARD A/S is a Public limited company (A/S), founded on , based in Farsø. The company is registered in the industry el-installation. 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 (30 Sep 2025) shows equity of DKK 15.6m and a net result of DKK 2.8m. CEO: Mads Øgaard, Rikke Svejstrup Pedersen Øgaard.

Bankruptcy risk for ØGAARD 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

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×

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
24206092
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Th. Eriksens Vej 7
9640 Farsø
Municipality
Vesthimmerlands
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
63 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 26
Missing annual reportNo
Negative equityNo
Equity ratio57.0%
Current ratio223%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 38.5mDKK 35.1m
Net profitDKK 2.8mDKK 936k
EquityDKK 15.6mDKK 13.8m
Total assetsDKK 27.4mDKK 26.6m
CashDKK 1.4m–
Short-term debtDKK 10.4m–
Tax owedDKK 879k–
Avg. employees65–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025114
1 Oct 2023 – 30 Sep 2024121
1 Oct 2022 – 30 Sep 202384
1 Oct 2021 – 30 Sep 202277
1 Oct 2020 – 30 Sep 202188
1 Oct 2019 – 30 Sep 2020140
1 Oct 2018 – 30 Sep 2019105
1 Oct 2017 – 30 Sep 2018150
1 Oct 2016 – 30 Sep 2017121
1 Oct 2015 – 30 Sep 2016156
1 Oct 2014 – 30 Sep 2015166
1 Oct 2013 – 30 Sep 2014125
1 Oct 2012 – 30 Sep 2013137
1 Oct 2011 – 30 Sep 201282
1 Oct 2010 – 30 Sep 2011108
1 Oct 2009 – 30 Sep 2010123
1 Oct 2008 – 30 Sep 2009123
1 Oct 2007 – 30 Sep 2008153
1 Oct 2006 – 30 Sep 2007156
1 Oct 2005 – 30 Sep 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
CEOMads ØgaardCurrent
CEORikke Svejstrup Pedersen ØgaardCurrent
BoardMads ØgaardCurrent
BoardRikke Svejstrup Pedersen ØgaardCurrent
BoardJens Juul Dollerup SørensenCurrent
BoardKarin Westergaard PedersenCurrent
BoardEmma Elisabeth Svejstrup ØgaardCurrent
BoardFinn Hovalt Mathiassen
BoardKaren-Margrethe Øgaard
BoardSøren Øgaard
BoardKim Fuglsang Berg Steffensen
Owner (100%)ØGAARD HOLDING ApSCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderDETECTRONIC A/SCurrent

The CEOs' other companies

Mads Øgaard – 6 other companies, of which 2 bankrupt

Rikke Svejstrup Pedersen Øgaard – 1 other companies, of which 1 bankrupt

Address history (1 moves)

Th. Eriksens Vej 7, 9640 Farsø
Th. Eriksens Vej 7, 9640 Farsø

Former names

ØGAARD A/S – now
ØGAARD EL A/S –
ØGAARD EL ApS –
ØGAARD-EL ApS –

Employees per year

Number of employees at ØGAARD A/S per year32632011: 4020112012: 5220122013: 4220132014: 5320142015: 5720152016: 5920162017: 5820172018: 632018

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about ØGAARD A/S

Has ØGAARD A/S gone bankrupt?

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

What is the bankruptcy risk of ØGAARD 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 ØGAARD A/S?

Mads Øgaard, Rikke Svejstrup Pedersen Øgaard are the CEOs of ØGAARD A/S.

Who is the auditor of ØGAARD A/S?

ØGAARD A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was ØGAARD A/S founded?

ØGAARD A/S was founded on 1 October 1999.

What is the equity of ØGAARD A/S?

Equity was DKK 15.6m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.