FirstFarms Slovakia A/S

CVR 26753015 · Public limited company (A/S) · Active · Low risk

FirstFarms Slovakia A/S is a Public limited company (A/S), founded on , based in Billund. The company is registered in the industry blandet landbrugsdrift. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 58.0m and a net result of DKK -180k. CEO: Morten Knudsgaard.

Bankruptcy risk for FirstFarms Slovakia A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · 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×
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×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
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
26753015
Status
Active
Company type
Public limited company (A/S)
Founded
(24 years)
Address
Majsmarken 1
7190 Billund
Municipality
Billund
Industry
Blandet landbrugsdrift (015000)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 6.3m
Employees
0 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 23
Missing annual reportNo
Negative equityNo
Equity ratio91.0%
Current ratio53%
Moves (last 2 years)0
CEO changes in total9
CEO's previous bankruptcies0
Other companies at the address14
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -10kDKK -19kDKK 0
Net profitDKK -180kDKK 6.0mDKK 10.3m
EquityDKK 58.0mDKK 58.2mDKK 52.2m
Total assetsDKK 63.8mDKK 63.8mDKK 63.8m
CashDKK 2,390DKK 3,170–
Short-term debtDKK 174kDKK 174k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023166
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021161
1 Jan 2020 – 31 Dec 2020158
1 Jan 2019 – 31 Dec 2019254 Late
1 Jan 2018 – 31 Dec 2018133
1 Jan 2017 – 31 Dec 2017127
1 Jan 2016 – 31 Dec 2016129
1 Jan 2015 – 31 Dec 2015124
1 Jan 2014 – 31 Dec 2014126
1 Jan 2013 – 31 Dec 2013132
1 Jan 2012 – 31 Dec 2012133
1 Jan 2011 – 31 Dec 2011123
1 Jan 2010 – 31 Dec 2010138
1 Jan 2009 – 31 Dec 2009130
1 Jan 2008 – 31 Dec 2008158
1 Jan 2007 – 31 Dec 2007143
1 Jan 2006 – 31 Dec 2006140

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
CEOMorten KnudsgaardCurrent
CEOPer Thorkild Lundhede Christensen
CEOJens Egdal
CEOKurt Helge Johansen
CEOTroels Stenstrøm Kristiansen
CEOKurt Bloch Nielsen
CEOTroels Stenstrøm Kristiansen
CEOKurt Bloch Nielsen
BoardSøren BredvigCurrent
BoardMichael HyldgaardCurrent
BoardChristian Bruhn GerdesCurrent
BoardPer Thorkild Lundhede Christensen
BoardJens Egdal
BoardKurt Helge Johansen
BoardEskild Hansen
BoardKurt Bloch Nielsen
BoardLisbeth Erlands
BoardMax Kruse
BoardKnud Erik Navntoft
BoardJakob Krogh Andersen
BoardKristen Vendelboe
BoardAnders Holger Nørgaard
BoardJørgen Svendsen
BoardMichael Hyldgaard
BoardSøren Sjørup Kristensen
Owner (100%)FIRSTFARMS A/SCurrent
Owner (5%)Kurt Helge Johansen
Owner (20%)SANDAGER SKOVGÅRD HOLDING ApS
Owner (33%)DANSLO HOLDING ApS
Owner (25%)VESTERGÅRD, HJARUP ApS
Owner (5%)Tony Vous Lægsgaard
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPoul Erik AndersenCurrent
FounderHJARUP VESTERGÅRD ApSCurrent
FounderSANDAGER SKOVGÅRD HOLDING ApSCurrent

The CEOs' other companies

Morten Knudsgaard – 10 other companies, of which 1 bankrupt

Jens Egdal – 5 other companies

Kurt Helge Johansen – 1 other companies

Troels Stenstrøm Kristiansen – 29 other companies, of which 2 bankrupt

Kurt Bloch Nielsen – 5 other companies

Address history (6 moves)

Majsmarken 1, 7190 Billund
Ålehoved 2, 4900 Nakskov
Skrænten 6, 5853 Ørbæk
Ålehoved 2, 4900 Nakskov
Ålehoved 2, 4900 Nakskov
Skrænten 6, 5800 Nyborg
Østergårdsvej 23, 6580 Vamdrup

Former names

FirstFarms Slovakia A/S – now
HOSPODA INVEST A/S –

Employees per year

Number of employees at FirstFarms Slovakia A/S per year112011: 120112012: 020122013: 020132014: 020142015: 020152016: 020162017: 020172018: 02018

Other companies at the same address

Similar companies in Billund

Questions and answers about FirstFarms Slovakia A/S

Has FirstFarms Slovakia A/S gone bankrupt?

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

What is the bankruptcy risk of FirstFarms Slovakia 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 FirstFarms Slovakia A/S?

Morten Knudsgaard is the CEO of FirstFarms Slovakia A/S.

Who is the auditor of FirstFarms Slovakia A/S?

FirstFarms Slovakia A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was FirstFarms Slovakia A/S founded?

FirstFarms Slovakia A/S was founded on 5 August 2002.

What is the equity of FirstFarms Slovakia A/S?

Equity was DKK 58.0m 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.