AARHUS METAL HANDEL A/S

CVR 27670717 · Public limited company (A/S) · Active · Very high risk

AARHUS METAL HANDEL A/S is a Public limited company (A/S), founded on , based in Hadsten. The company is registered in the industry engroshandel med andre råvarer og halvfabrikata. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 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 Aug 2025) shows equity of DKK -122k and a net result of DKK -177k. CEO: Kurt Udengaard.

Bankruptcy risk for AARHUS METAL HANDEL A/S

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
27670717
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
Siøvej 9
8370 Hadsten
Municipality
Favrskov
Industry
Engroshandel med andre råvarer og halvfabrikata (468600)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.0m
Employees
1 (2018)
Audit opted out
No

Warning signs

Annual reports filed late1 of 21
Missing annual reportNo
Negative equityYes
Equity ratio-43.9%
Current ratio26%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 457kDKK -15kDKK 76k
Gross profitDKK 428kDKK -98kDKK 18k
Net profitDKK -177kDKK -198kDKK -159k
EquityDKK -122kDKK 55kDKK 253k
Total assetsDKK 278kDKK 262kDKK 338k
CashDKK 53kDKK 38k–
Short-term debtDKK 401kDKK 207k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Sep 2024 – 31 Aug 2025178
1 Sep 2023 – 31 Aug 2024182
1 Sep 2022 – 31 Aug 2023182
1 Sep 2021 – 31 Aug 2022181
1 Sep 2020 – 31 Aug 2021152
1 Sep 2019 – 31 Aug 2020155
1 Sep 2018 – 31 Aug 2019155
1 Sep 2017 – 31 Aug 2018157
1 Sep 2016 – 31 Aug 2017165
1 Sep 2015 – 31 Aug 2016160
1 Sep 2014 – 31 Aug 2015157
1 Sep 2013 – 31 Aug 2014160
1 Sep 2012 – 31 Aug 2013171
1 Sep 2011 – 31 Aug 2012167
1 Sep 2010 – 31 Aug 2011167
1 Sep 2009 – 31 Aug 2010166
1 Sep 2008 – 31 Aug 2009168
1 Sep 2007 – 31 Aug 2008178
1 Sep 2006 – 31 Aug 2007171
1 Sep 2005 – 31 Aug 2006191 Late

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
CEOKurt UdengaardCurrent
CEOJan Udengaard
BoardHans UdengaardCurrent
BoardEna UdengaardCurrent
BoardKurt UdengaardCurrent
BoardJan Udengaard
Owner (20%)Hans UdengaardCurrent
Owner (33%)Ena UdengaardCurrent
Owner (33%)Kurt UdengaardCurrent
AuditorDRJ ÅBYHØJ ApS
AuditorCMJ A/S
FounderJan UdengaardCurrent

The CEOs' other companies

Kurt Udengaard – 4 other companies, of which 1 bankrupt

Jan Udengaard – 1 other companies, of which 1 bankrupt

Address history (2 moves)

Siøvej 9, 8370 Hadsten
Randersvej 46, 8370 Hadsten
Randersvej 46, 8370 Hadsten

Employees per year

Number of employees at AARHUS METAL HANDEL A/S per year112012: 020122013: 120132014: 120142015: 120152016: 120162017: 120172018: 12018

Similar companies in Favrskov

Questions and answers about AARHUS METAL HANDEL A/S

Has AARHUS METAL HANDEL A/S gone bankrupt?

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

What is the bankruptcy risk of AARHUS METAL HANDEL A/S?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of AARHUS METAL HANDEL A/S?

Kurt Udengaard is the CEO of AARHUS METAL HANDEL A/S.

When was AARHUS METAL HANDEL A/S founded?

AARHUS METAL HANDEL A/S was founded on 30 March 2004.

What is the equity of AARHUS METAL HANDEL A/S?

Equity was DKK -122k according to the annual report for the period ending 31 August 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.