Svends VVS ApS

CVR 27760643 · Private limited company (ApS) · Active · Low risk

Svends VVS ApS is a Private limited company (ApS), founded on , based in Vinderup. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 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 740k and a net result of DKK 122k. CEO: Svend Pilgaard.

Bankruptcy risk for Svends VVS ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
27760643
Status
Active
Company type
Private limited company (ApS)
Founded
(22 years)
Address
Nr Bjertvej 22
7830 Vinderup
Municipality
Holstebro
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 250k
Employees
6 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 22
Missing annual reportNo
Negative equityNo
Equity ratio27.7%
Current ratio123%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 4.3mDKK 4.8mDKK 4.3m
Net profitDKK 122kDKK 436kDKK 181k
EquityDKK 740kDKK 1.0mDKK 582k
Total assetsDKK 2.7mDKK 3.6mDKK 2.9m
Short-term debtDKK 1.9mDKK 2.5m–
Tax owedDKK 82kDKK 155k–
Avg. employees77–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025135
1 Jan 2024 – 31 Dec 2024120
1 Jan 2023 – 31 Dec 202396
1 Jan 2022 – 31 Dec 2022121
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020138
1 Jan 2019 – 31 Dec 2019125
1 Jan 2018 – 31 Dec 2018136
1 Jan 2017 – 31 Dec 2017142
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015146
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013132
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011178
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009157
1 Jan 2008 – 31 Dec 2008161
1 Jan 2007 – 31 Dec 2007129
1 Jan 2006 – 31 Dec 2006215 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
CEOSvend PilgaardCurrent
CEOFrede Nørgaard
Owner (100%)SVEND PILGÅRD HOLDING ApSCurrent
Owner (50%)Svend Pilgaard
Owner (50%)SVEND PILGÅRD HOLDING ApS
Owner (50%)FREDE NØRGAARD VARMETEKNIK ApS
Owner (50%)FREDE NØRGAARD VARMETEKNIK ApS
AuditorREVISIONSFIRMAET BORREGAARD & MAAGAARD
FounderSvend PilgaardCurrent

The CEOs' other companies

Svend Pilgaard – 3 other companies, of which 1 bankrupt

Frede Nørgaard – 1 other companies

Address history (3 moves)

Nr Bjertvej 22, 7830 Vinderup
Nr Bjertvej 10, 7830 Vinderup
Kirkevej 37, 7830 Vinderup
Kirkevej 37, 7830 Vinderup

Former names

Svends VVS ApS – now
SVENDS VVS OG OLIEFYRSERVICE ApS –

Employees per year

Number of employees at Svends VVS ApS per year592011: 920112012: 720122013: 520132014: 420142015: 620152016: 520162017: 620172018: 62018

Other companies at the same address

Similar companies in Holstebro

Questions and answers about Svends VVS ApS

Has Svends VVS ApS gone bankrupt?

No, Svends VVS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Svends VVS ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Svends VVS ApS?

Svend Pilgaard is the CEO of Svends VVS ApS.

Who is the auditor of Svends VVS ApS?

Svends VVS ApS most recently used Beierholm.

When was Svends VVS ApS founded?

Svends VVS ApS was founded on 26 May 2004.

What is the equity of Svends VVS ApS?

Equity was DKK 740k 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.