HARDWOODS ApS

CVR 27977855 · Private limited company (ApS) · Active · Low risk

HARDWOODS ApS is a Private limited company (ApS), founded on 22 July 2004, based in Sæby. The company is registered in the industry støtteaktiviteter i forbindelse med skovbrug. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 117k and a net result of DKK -20k. CEO: Klaus Radenbach.

Bankruptcy risk for HARDWOODS ApS

0.2%

probability of bankruptcy within 12 months

Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Municipality changes3+ · bankruptcy rate 10.6%1.2×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Loss for the yearYes · bankruptcy rate 10.3%1.2×

Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

Negative equityNo · bankruptcy rate 5.1%0.58×

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: 27977855
Status: Active
Company type: Private limited company (ApS)
Founded: 22 July 2004 (22 years)
Address: Sadelmagervej 58
9300 Sæby
Municipality: Frederikshavn
Industry: Støtteaktiviteter i forbindelse med skovbrug (024000)
Bankruptcies in the industry: Dyrkning af træer og andre skovbrugsaktiviteter
Share capital: DKK 150k
Auditor: Revisionsfirmaet Peter Berg
Audit opted out: Yes

Warning signs

Annual reports filed late	5 of 22
Missing annual report	No
Negative equity	No
Equity ratio	81.8%
Current ratio	549%
Moves (last 2 years)	0
CEO changes in total	0
CEO's previous bankruptcies	0
Other companies at the address	0
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK -24k	DKK 5,618	DKK -43k
Net profit	DKK -20k	DKK 2,084	DKK -36k
Equity	DKK 117k	DKK 136k	DKK 134k
Total assets	DKK 143k	DKK 169k	DKK 191k
Cash	DKK 128k	DKK 113k	–
Short-term debt	DKK 26k	DKK 33k	–
Avg. employees	1	1	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	24 Jun 2026	175
1 Jan 2024 – 31 Dec 2024	25 Jun 2025	176
1 Jan 2023 – 31 Dec 2023	24 Jun 2024	176
1 Jan 2022 – 31 Dec 2022	31 Mar 2023	90
1 Jan 2021 – 31 Dec 2021	6 Jul 2022	187	Late
1 Jan 2020 – 31 Dec 2020	15 Jun 2021	166
1 Jan 2019 – 31 Dec 2019	23 Aug 2020	236	Late
1 Jan 2018 – 31 Dec 2018	7 Jun 2019	158
1 Jan 2017 – 31 Dec 2017	21 May 2018	141
1 Jan 2016 – 31 Dec 2016	18 Jun 2017	169
1 Jan 2015 – 31 Dec 2015	16 Jun 2016	168
1 Jan 2014 – 31 Dec 2014	5 Jun 2015	156
1 Jan 2013 – 31 Dec 2013	17 Jun 2014	168
1 Jan 2012 – 31 Dec 2012	3 Jun 2013	154
1 Jan 2011 – 31 Dec 2011	3 Jul 2012	185	Late
1 Jan 2010 – 31 Dec 2010	3 Jul 2011	184	Late
1 Jan 2009 – 31 Dec 2009	16 Jun 2010	167
1 Jan 2008 – 31 Dec 2008	18 Jun 2009	169
1 Jan 2007 – 31 Dec 2007	11 Jun 2008	163
1 Jan 2006 – 31 Dec 2006	24 Jun 2007	175

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

Role	Name	From	To
CEO	Klaus Radenbach	22 Jul 2004	Current
Owner (100%)	Klaus Albrecht Wilhelm Radenbach	22 Jul 2004	Current
Auditor	CLNPSU ApS	22 Jul 2004	14 Nov 2012
Auditor	Vedbæk Revision v/Lillian Hauermann Lindgreen	14 Nov 2012	31 May 2013
Founder	Klaus Radenbach	22 Jul 2004	Current

Address history (7 moves)

11 Aug 2023	Sadelmagervej 58, 9300 Sæby
8 Sep 2021	Gøngehusvej 118, 2950 Vedbæk
31 May 2013	c/o Vedbæk Revision, Larsensvej 5B, 2950 Vedbæk
14 Nov 2012	c/o Klaus Radenbach, Langebjerg 8, 1. mf, 2850 Nærum
22 Mar 2011	Hørmarken 7, 3520 Farum
5 Jul 2010	c/o Fagadan Hardwood A/S, Industrivænget 34, 3400 Hillerød
1 Jan 2007	c/o Fagadan A/S, Skodsborgvej 234, 2850 Nærum
22 Jul 2004	c/o Fagadan A/S, Skodsborgvej 234, 2850 Nærum

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Questions and answers about HARDWOODS ApS

Has HARDWOODS ApS gone bankrupt?

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

What is the bankruptcy risk of HARDWOODS ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of HARDWOODS ApS?

Klaus Radenbach is the CEO of HARDWOODS ApS.

Who is the auditor of HARDWOODS ApS?

HARDWOODS ApS most recently used Revisionsfirmaet Peter Berg.

When was HARDWOODS ApS founded?

HARDWOODS ApS was founded on 22 July 2004.

What is the equity of HARDWOODS ApS?

Equity was DKK 117k 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.