HB PRODUCTS A/S

CVR 26693934 · Public limited company (A/S) · Active · Low risk

HB PRODUCTS A/S is a Public limited company (A/S), founded on , based in Hasselager. The company is registered in the industry fremstilling af instrumenter og udstyr til måling, afprøvning og navigation. Our model estimates a bankruptcy risk of 0.1% 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 Jun 2025) shows equity of DKK 13.6m and a net result of DKK 6.0m. CEO: Jonas Elstrøm Jensen, Christina Holm Nielsen.

Bankruptcy risk for HB PRODUCTS A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · 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
26693934
Status
Active
Company type
Public limited company (A/S)
Founded
(24 years)
Address
Bøgekildevej 21
8361 Hasselager
Municipality
Aarhus
Industry
Fremstilling af instrumenter og udstyr til måling, afprøvning og navigation (265100)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 600k
Employees
22 (2018)
Auditor
KOVSTED & SKOVGÅRD, REVISION & RÅDGIVNING, STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 23
Missing annual reportNo
Negative equityNo
Equity ratio44.6%
Current ratio209%
Moves (last 2 years)0
CEO changes in total12
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 27.9mDKK 27.8mDKK 24.6m
Net profitDKK 6.0mDKK 7.0mDKK 6.3m
EquityDKK 13.6mDKK 14.5mDKK 12.1m
Total assetsDKK 30.4mDKK 29.9mDKK 31.4m
CashDKK 1.1mDKK 560k–
Short-term debtDKK 13.7mDKK 12.5m–
Tax owedDKK 0DKK 1.2m–
Avg. employees3030–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Kovsted & Skovgård, Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025142
1 Jul 2023 – 30 Jun 2024148
1 Jul 2022 – 30 Jun 2023146
1 Jul 2021 – 30 Jun 2022140
1 Jul 2020 – 30 Jun 2021135
1 Jul 2019 – 30 Jun 2020142
1 Jul 2018 – 30 Jun 2019131
1 Jul 2017 – 30 Jun 2018149
1 Jul 2016 – 30 Jun 2017123
1 Jul 2015 – 30 Jun 2016124
1 Jul 2014 – 30 Jun 2015112
1 Jul 2013 – 30 Jun 2014129
1 Jul 2012 – 30 Jun 201388
1 Jul 2011 – 30 Jun 201283
1 Jul 2010 – 30 Jun 201184
1 Jul 2009 – 30 Jun 201084
1 Jul 2008 – 30 Jun 200957
1 Jul 2007 – 30 Jun 200858
1 Jul 2006 – 30 Jun 200752
1 Jul 2005 – 30 Jun 200647

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
CEOJonas Elstrøm JensenCurrent
CEOChristina Holm NielsenCurrent
CEOKim Madsen
CEOKnud Fisker Markussen
CEOMichael Elstrøm Jensen
CEOMark Kristensen
CEOMartin Mozart Ernst
CEOJesper Kurt Nielsen
BoardMichael Elstrøm JensenCurrent
BoardTorben LundCurrent
BoardCarsten Lykke WædeledCurrent
BoardNiels Aage RahbekCurrent
BoardKim Madsen
BoardHelle Garde Carlsen
BoardAnnemette Heller
BoardKnud Fisker Markussen
BoardMarianne Therese Rolin
BoardMarianne Therese Rolin
BoardErik Jensen
BoardCarsten Birk Nielsen
BoardMichael Falck Schmidt
BoardPeter Kristian Rolin
BoardMartin Mozart Ernst
BoardMorten Wittrup Præstbrogaard
BoardCarsten Lykke Wædeled
BoardMartin Normann Møller
Owner (100%)HB PRODUCTS HOLDING ApSCurrent
AuditorKOVSTED & SKOVGÅRD, REVISION & RÅDGIVNING, STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorREVISORHUSET GODKENDTE REVISORER A/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderANPARTSSELSKABET STAKEMANNCurrent

The CEOs' other companies

Jonas Elstrøm Jensen – 1 other companies

Christina Holm Nielsen – 1 other companies

Kim Madsen – 57 other companies, of which 57 bankrupt

Knud Fisker Markussen – 3 other companies, of which 1 bankrupt

Michael Elstrøm Jensen – 6 other companies, of which 1 bankrupt

Mark Kristensen – 4 other companies

Martin Mozart Ernst – 3 other companies

Jesper Kurt Nielsen – 1 other companies

Address history (3 moves)

Bøgekildevej 21, 8361 Hasselager
Bøgekildevej 21, 8361 Hasselager
Jegstrupvej 34, 8361 Hasselager
Kronprinsessegade 18, 1306 København K

Former names

HB PRODUCTS A/S – now
A/S PSE 38 NR. 2429 –

Employees per year

Number of employees at HB PRODUCTS A/S per year11222011: 1920112012: 1720122013: 1520132014: 1720142015: 1620152016: 2020162017: 2220172018: 222018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about HB PRODUCTS A/S

Has HB PRODUCTS A/S gone bankrupt?

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

What is the bankruptcy risk of HB PRODUCTS A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of HB PRODUCTS A/S?

Jonas Elstrøm Jensen, Christina Holm Nielsen are the CEOs of HB PRODUCTS A/S.

Who is the auditor of HB PRODUCTS A/S?

HB PRODUCTS A/S most recently used KOVSTED & SKOVGÅRD, REVISION & RÅDGIVNING, STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was HB PRODUCTS A/S founded?

HB PRODUCTS A/S was founded on 5 July 2002.

What is the equity of HB PRODUCTS A/S?

Equity was DKK 13.6m according to the annual report for the period ending 30 June 2025.

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