EDC REKREA VARDE A/S

CVR 27610501 · Public limited company (A/S) · Active · Low risk

EDC REKREA VARDE A/S is a Public limited company (A/S), founded on , based in Varde. The company is registered in the industry ejendomsmægleres aktiviteter. 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 4.0m and a net result of DKK 2.3m. CEO: Frank Paulsen.

Bankruptcy risk for EDC REKREA VARDE A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% 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×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
27610501
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
Torvet 4
6800 Varde
Municipality
Varde
Industry
Ejendomsmægleres aktiviteter (683110)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 500k
Employees
7 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 22
Missing annual reportNo
Negative equityNo
Equity ratio80.6%
Current ratio378%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.8mDKK 6.3m
Net profitDKK 2.3mDKK 2.6m
EquityDKK 4.0mDKK 4.2m
Total assetsDKK 5.0mDKK 5.4m
CashDKK 2.8m–
Short-term debtDKK 965k–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202570
1 Jan 2024 – 31 Dec 202470
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202267
1 Jan 2021 – 31 Dec 202177
1 Jan 2020 – 31 Dec 202076
1 Jan 2019 – 31 Dec 201965
1 Jan 2018 – 31 Dec 201872
1 Jan 2017 – 31 Dec 201799
1 Jan 2016 – 31 Dec 201688
1 Jan 2015 – 31 Dec 2015105
1 Jan 2014 – 31 Dec 2014134
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011161
1 Jan 2010 – 31 Dec 201083
1 Jan 2009 – 31 Dec 200977
1 Jan 2008 – 31 Dec 200889
1 Jan 2007 – 31 Dec 200799
1 Jan 2006 – 31 Dec 200691

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
CEOFrank PaulsenCurrent
CEOLaurids Bjerregaard
CEOHenrik Kamp Sylvestersen
BoardFrank PaulsenCurrent
BoardSøren Kjærgaard PedersenCurrent
BoardJan Meldgård ThomsenCurrent
BoardLaurids Bjerregaard
BoardHenrik Kamp Sylvestersen
BoardAnne Marie Bjerregaard
BoardMarianne Sylvestersen
BoardLars Aagaard Nielsen
BoardLone Marie Brøndsted Sylvestersen
BoardLaurids Bjerregaard
BoardFrank Paulsen
Owner (5%)Søren Kjærgaard PedersenCurrent
Owner (5%)Jan Meldgård ThomsenCurrent
Owner (90%)VEFF INVEST ApSCurrent
Owner (50%)HKS INVEST ApS
Owner (50%)VEFF INVEST ApS
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderLaurids BjerregaardCurrent

The CEOs' other companies

Frank Paulsen – 2 other companies

Laurids Bjerregaard – 12 other companies

Henrik Kamp Sylvestersen – 6 other companies

Address history (0 moves)

Torvet 4, 6800 Varde

Former names

EDC REKREA VARDE A/S – now
EDC REKREA VARDE ApS –

Employees per year

Number of employees at EDC REKREA VARDE A/S per year5102011: 620112012: 1020122013: 720132014: 720142015: 720152016: 620162017: 820172018: 72018

Other companies at the same address

Similar companies in Varde

Questions and answers about EDC REKREA VARDE A/S

Has EDC REKREA VARDE A/S gone bankrupt?

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

What is the bankruptcy risk of EDC REKREA VARDE 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 EDC REKREA VARDE A/S?

Frank Paulsen is the CEO of EDC REKREA VARDE A/S.

Who is the auditor of EDC REKREA VARDE A/S?

EDC REKREA VARDE A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was EDC REKREA VARDE A/S founded?

EDC REKREA VARDE A/S was founded on 20 February 2004.

What is the equity of EDC REKREA VARDE A/S?

Equity was DKK 4.0m 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.