HYGADE ApS

CVR 26727693 · Private limited company (ApS) · Active · Low risk

HYGADE ApS is a Private limited company (ApS), founded on , based in Assens. The company is registered in the industry anden teknisk rådgivning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 456k and a net result of DKK -169k. CEO: Jørgen Gade Hyldgaard.

Bankruptcy risk for HYGADE ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Website registeredYes · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
26727693
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
c/o Jørgen Gade Hyldgaard, Mejsevænget 7
5610 Assens
Municipality
Assens
Industry
Anden teknisk rådgivning (711290)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 125k
Employees
2 (2018)
Auditor
VH Revision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 23
Missing annual reportNo
Negative equityNo
Equity ratio71.9%
Current ratio356%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.0mDKK 1.3mDKK 1.9m
Net profitDKK -169kDKK -837kDKK 458k
EquityDKK 456kDKK 625kDKK 1.5m
Total assetsDKK 635kDKK 801kDKK 1.7m
CashDKK 17kDKK 37k–
Short-term debtDKK 178kDKK 176k–
Tax owed–DKK 0–
Avg. employees33–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · VH Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024142
1 Jan 2023 – 31 Dec 2023156
1 Jan 2022 – 31 Dec 2022143
1 Jan 2021 – 31 Dec 2021152
1 Jan 2020 – 31 Dec 2020166
1 Jan 2019 – 31 Dec 201942
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 2017114
1 Jan 2016 – 31 Dec 201659
1 Jan 2015 – 31 Dec 201578
1 Jan 2014 – 31 Dec 2014133
1 Jan 2013 – 31 Dec 2013101
1 Jan 2012 – 31 Dec 2012127
1 Jan 2011 – 31 Dec 2011101
1 Jan 2010 – 31 Dec 2010146
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008148
1 Jan 2007 – 31 Dec 2007143
1 Jan 2006 – 31 Dec 2006144

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
CEOJørgen Gade HyldgaardCurrent
Owner (100%)Jørgen Gade HyldgaardCurrent
Owner (100%)Hygade Holding ApSCurrent
AuditorPGJ Udlejning v/Per Johansen
FounderJørgen Gade HyldgaardCurrent

The CEOs' other companies

Jørgen Gade Hyldgaard – 5 other companies

Address history (3 moves)

c/o Jørgen Gade Hyldgaard, Mejsevænget 7, 5610 Assens
Mejsevænget 7, 5610 Assens
Mejsevænget 7, 5610 Assens
Mejsevænget 2, 5610 Assens

Employees per year

Number of employees at HYGADE ApS per year242011: 220112012: 320122013: 320132014: 420142015: 420152016: 320162017: 320172018: 22018

Other companies at the same address

Similar companies in Assens

Questions and answers about HYGADE ApS

Has HYGADE ApS gone bankrupt?

No, HYGADE ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HYGADE ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of HYGADE ApS?

Jørgen Gade Hyldgaard is the CEO of HYGADE ApS.

Who is the auditor of HYGADE ApS?

HYGADE ApS most recently used VH Revision.

When was HYGADE ApS founded?

HYGADE ApS was founded on 2 July 2002.

What is the equity of HYGADE ApS?

Equity was DKK 456k 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.