H. DAUGAARD HOLDING A/S

CVR 27220169 · Public limited company (A/S) · Active · Low risk

H. DAUGAARD HOLDING A/S is a Public limited company (A/S), founded on , based in Kolding. The company is registered in the industry ikke-finansielle holdingselskaber. 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 46.3m and a net result of DKK 4.1m.

Bankruptcy risk for H. DAUGAARD HOLDING A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
Reporting classReporting class C, mellemstor virksomhed · 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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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
27220169
Status
Active
Company type
Public limited company (A/S)
Founded
(23 years)
Address
Toldbodgade 7
6000 Kolding
Municipality
Kolding
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 5.0m
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 23
Missing annual reportNo
Negative equityNo
Equity ratio97.3%
Current ratio52%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Net profitDKK 4.1mDKK 1.9mDKK 12.4m
EquityDKK 46.3mDKK 42.7mDKK 44.9m
Total assetsDKK 47.5mDKK 43.4mDKK 45.8m
CashDKK 3,000DKK 1,000–
Short-term debtDKK 1.3mDKK 746k–
Tax owedDKK 245kDKK 167k–
Avg. employees0––

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025128
1 Jan 2024 – 31 Dec 2024141
1 Jan 2023 – 31 Dec 2023134
1 Jan 2022 – 31 Dec 2022118
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020124
1 Jan 2019 – 31 Dec 2019122
1 Jan 2018 – 31 Dec 2018136
1 Jan 2017 – 31 Dec 2017122
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015134
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012155
1 Jan 2011 – 31 Dec 2011176
1 Jan 2010 – 31 Dec 2010173
1 Jan 2009 – 31 Dec 2009173
1 Jan 2008 – 31 Dec 2008106
1 Jan 2007 – 31 Dec 2007141
1 Jan 2006 – 31 Dec 2006141

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 Frihagen
BoardMichael FrihagenCurrent
BoardMichael Dixi NielsenCurrent
BoardHenrik KleisCurrent
BoardPalle MogensenCurrent
BoardJørgen MeyerCurrent
BoardCarsten EskildsenCurrent
BoardCarsten Lykke WædeledCurrent
BoardMorten Christensen
BoardJesper Hvid Nielsen
BoardThomas Poulsen
Owner (25%)FRIHAGEN HOLDING ApSCurrent
Owner (25%)DIXI HOLDING ApSCurrent
Owner (25%)PALLES HOLDINGSELSKAB ApSCurrent
Owner (10%)ESKILDSEN HJERTING ApSCurrent
Owner (33%)FRIHAGEN HOLDING ApS
Owner (33%)DIXI HOLDING ApS
Owner (33%)PALLES HOLDINGSELSKAB ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMichael FrihagenCurrent
FounderMorten ChristensenCurrent
FounderMichael Dixi NielsenCurrent

The CEOs' other companies

Michael Frihagen – 6 other companies

Address history (2 moves)

Toldbodgade 7, 6000 Kolding
c/o Grau Shipping, Sdr. Havnegade 36, 6000 Kolding
Toldbodgade 7, 6000 Kolding

Former names

H. DAUGAARD HOLDING A/S – now
HOLDINGSELSKABET M3 A/S –

Other companies at the same address

Similar companies in Kolding

Questions and answers about H. DAUGAARD HOLDING A/S

Has H. DAUGAARD HOLDING A/S gone bankrupt?

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

What is the bankruptcy risk of H. DAUGAARD HOLDING 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 auditor of H. DAUGAARD HOLDING A/S?

H. DAUGAARD HOLDING A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was H. DAUGAARD HOLDING A/S founded?

H. DAUGAARD HOLDING A/S was founded on 21 May 2003.

What is the equity of H. DAUGAARD HOLDING A/S?

Equity was DKK 46.3m 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.