BRAA INVEST A/S

CVR 24216802 · Public limited company (A/S) · Active · Low risk

BRAA INVEST A/S is a Public limited company (A/S), founded on , based in Esbjerg. 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, of which 4 more than six months after the end of the financial year. The latest annual report (31 Mar 2026) shows equity of DKK 47.0m and a net result of DKK -1.9m. CEO: Michael Braa Nielsen.

Bankruptcy risk for BRAA INVEST A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
24216802
Status
Active
Company type
Public limited company (A/S)
Founded
(34 years)
Address
Havdigevej 2
6700 Esbjerg
Municipality
Esbjerg
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 500k
Employees
1 (2018)
Auditor
JHL Revision, Esbjerg ApS
Audit opted out
No

Warning signs

Annual reports filed late7 of 31
Missing annual reportNo
Negative equityNo
Equity ratio54.0%
Current ratio57%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address34
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 959kDKK 1.2mDKK -258k
Net profitDKK -1.9mDKK -55kDKK 1.0m
EquityDKK 47.0mDKK 48.5mDKK 48.4m
Total assetsDKK 87.0mDKK 175.6mDKK 82.3m
CashDKK 213kDKK 66.7m–
Short-term debtDKK 35.4mDKK 122.3m–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · JHL Revision, Esbjerg ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026190 Late
1 Apr 2024 – 31 Mar 2025186 Late
1 Apr 2023 – 31 Mar 2024179
1 Apr 2022 – 31 Mar 2023173
1 Apr 2021 – 31 Mar 2022186 Late
1 Apr 2020 – 31 Mar 2021154
1 Apr 2019 – 31 Mar 2020160
1 Apr 2018 – 31 Mar 2019144
1 Apr 2017 – 31 Mar 2018123
1 Apr 2016 – 31 Mar 2017159
1 Apr 2015 – 31 Mar 2016158
1 Apr 2014 – 31 Mar 2015168
1 Apr 2013 – 31 Mar 2014170
1 Apr 2012 – 31 Mar 2013155
1 Apr 2011 – 31 Mar 2012167
1 Apr 2010 – 31 Mar 2011168
1 Apr 2009 – 31 Mar 2010167
1 Apr 2008 – 31 Mar 2009218 Late
1 Apr 2007 – 31 Mar 2008178
1 Apr 2006 – 31 Mar 2007171

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 Braa NielsenCurrent
CEOErik Kristensen
CEOPeter Huuse Sørensen
BoardMichael Braa NielsenCurrent
BoardJacob Braa NielsenCurrent
BoardMille Braa NielsenCurrent
BoardJane Braa Nielsen
BoardFlemming Nielsen
BoardJacob Braa Nielsen
Owner (100%)Braa Invest Holding ApSCurrent
Owner (100%)Michael Braa Nielsen
Owner (100%)MBN 2023 ApS
AuditorJHL Revision, Esbjerg ApSCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorJ.C. Nørgaard / Dansk Revision I/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Founder"ApS 17. AUGUST 1995"Current

The CEOs' other companies

Michael Braa Nielsen – 29 other companies, of which 1 bankrupt

Erik Kristensen – 45 other companies, of which 1 bankrupt

Peter Huuse Sørensen – 58 other companies, of which 58 bankrupt

Address history (6 moves)

Havdigevej 2, 6700 Esbjerg
Havdigevej 2, 6700 Esbjerg
Dokvej 3, 1., 6700 Esbjerg
Tane Hedevej 4, 6857 Blåvand
Tane Hedevej 4, 6857 Blåvand
Blåvandvej 27, 6857 Blåvand
Blaavand 27, 6857 Blåvand

Former names

BRAA INVEST A/S – now
BRAA INVEST ApS –
PTB INVEST I ApS –
PRB INVEST I ApS –
PHS 226 ApS –

Employees per year

Number of employees at BRAA INVEST A/S per year112011: 120112012: 120122013: 120132014: 120142015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about BRAA INVEST A/S

Has BRAA INVEST A/S gone bankrupt?

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

What is the bankruptcy risk of BRAA INVEST 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 BRAA INVEST A/S?

Michael Braa Nielsen is the CEO of BRAA INVEST A/S.

Who is the auditor of BRAA INVEST A/S?

BRAA INVEST A/S most recently used JHL Revision, Esbjerg ApS.

When was BRAA INVEST A/S founded?

BRAA INVEST A/S was founded on 26 October 1992.

What is the equity of BRAA INVEST A/S?

Equity was DKK 47.0m according to the annual report for the period ending 31 March 2026.

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