KULTURØEN A/S

CVR 26884063 · Public limited company (A/S) · Active · Low risk

KULTURØEN A/S is a Public limited company (A/S), founded on , based in Middelfart. 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. The latest annual report (31 Dec 2025) shows equity of DKK 62.7m and a net result of DKK 8.1m. CEO: Henrik Hjorth.

Bankruptcy risk for KULTURØEN 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

Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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
26884063
Status
Active
Company type
Public limited company (A/S)
Founded
(24 years)
Address
Havnegade 21
5500 Middelfart
Municipality
Middelfart
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 10.0m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 23
Missing annual reportNo
Negative equityNo
Equity ratio95.0%
Current ratio1,054%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue–DKK 1.3mDKK 1.5m
Gross profitDKK 1.5mDKK 2.1mDKK 1.5m
Net profitDKK 8.1mDKK 1.8mDKK 1.1m
EquityDKK 62.7mDKK 57.6mDKK 59.8m
Total assetsDKK 66.0mDKK 60.8mDKK 62.8m
CashDKK 3.5mDKK 3.1m–
Short-term debtDKK 341kDKK 357k–
Tax owedDKK 11k––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202556
1 Jan 2024 – 31 Dec 202451
1 Jan 2023 – 31 Dec 202340
1 Jan 2022 – 31 Dec 202241 Restated
1 Jan 2021 – 31 Dec 202147
1 Jan 2020 – 31 Dec 202042
1 Jan 2019 – 31 Dec 201950
1 Jan 2018 – 31 Dec 201853
1 Jan 2017 – 31 Dec 201757
1 Jan 2016 – 31 Dec 201651
1 Jan 2015 – 31 Dec 201555
1 Jan 2014 – 31 Dec 201448
1 Jan 2013 – 31 Dec 201357
1 Jan 2012 – 31 Dec 2012144
1 Jan 2011 – 31 Dec 2011109
1 Jan 2010 – 31 Dec 2010100
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008153
1 Jan 2007 – 31 Dec 2007153
1 Jan 2006 – 31 Dec 2006109

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
CEOHenrik HjorthCurrent
CEOFrank Juul Hansen
CEOVagn Christensen
CEOUlrik Johansen
BoardMartin Nørholm BaltserCurrent
BoardOle JakobsenCurrent
BoardMichael Haaning BjergCurrent
BoardClaus Erik Moser
BoardHans Erik Brønserud
BoardOle Jakobsen
BoardFlemming Jensen
BoardOle Ebdrup Andreasen
BoardJette Thoft Rosenberg
BoardHenrik Karlskov Pedersen
Owner (50%)MIDDELFART SPAREKASSECurrent
Owner (50%)BRUGSFORENINGEN FOR MIDDELFART OG OMEGNCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMIDDELFART SPAREKASSECurrent
FounderBRUGSFORENINGEN FOR MIDDELFART OG OMEGNCurrent

The CEOs' other companies

Henrik Hjorth – 2 other companies

Frank Juul Hansen – 1 other companies

Vagn Christensen – 3 other companies

Ulrik Johansen – 2 other companies

Address history (3 moves)

Havnegade 21, 5500 Middelfart
Havnegade 21, 5500 Middelfart
Algade 69, 5500 Middelfart
Algade 69, 5500 Middelfart

Other companies at the same address

Similar companies in Middelfart

Questions and answers about KULTURØEN A/S

Has KULTURØEN A/S gone bankrupt?

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

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

Henrik Hjorth is the CEO of KULTURØEN A/S.

Who is the auditor of KULTURØEN A/S?

KULTURØEN A/S most recently used EY Godkendt Revisionspartnerselskab.

When was KULTURØEN A/S founded?

KULTURØEN A/S was founded on 25 October 2002.

What is the equity of KULTURØEN A/S?

Equity was DKK 62.7m 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.