H.K. GLAS ApS

CVR 28896190 · Private limited company (ApS) · Active · Very high risk

H.K. GLAS ApS is a Private limited company (ApS), founded on , based in Suldrup. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. 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. The latest annual report (31 Dec 2025) shows equity of DKK -65k and a net result of DKK -274k. CEO: Line Hjorth Pedersen.

Bankruptcy risk for H.K. GLAS ApS

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

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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
28896190
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
Aarestrupvej 23
9541 Suldrup
Municipality
Rebild
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 130k
Employees
6 (2018)
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityYes
Equity ratio-6.0%
Current ratio81%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 94kDKK -68kDKK 457k
Net profitDKK -274kDKK -796kDKK -232k
EquityDKK -65kDKK -542kDKK 254k
Total assetsDKK 1.1mDKK 1.7mDKK 1.5m
CashDKK 130kDKK 219k–
Short-term debtDKK 1.2mDKK 2.2m–
Tax owedDKK 630––
Avg. employees34–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023170
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020173
1 Jan 2019 – 31 Dec 2019177
1 Jan 2018 – 31 Dec 2018105
1 Jan 2017 – 31 Dec 2017144
1 Jan 2016 – 31 Dec 2016135
1 Jan 2015 – 31 Dec 201593
1 Jan 2014 – 31 Dec 201486
1 Jan 2013 – 31 Dec 2013157
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011165
1 Jan 2010 – 31 Dec 2010136
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008176
1 Jan 2007 – 31 Dec 2007156
15 Jul 2005 – 31 Dec 2006155

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
CEOLine Hjorth PedersenCurrent
CEOErik Pedersen
CEOIvan Stanius Nielsen
CEOErik Pedersen
Owner (100%)M.E. HOLDING ApSCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
Auditor57B ApS
AuditorP&H P/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderM.E. HOLDING ApSCurrent

The CEOs' other companies

Line Hjorth Pedersen – 2 other companies, of which 1 bankrupt

Erik Pedersen – 16 other companies, of which 1 bankrupt

Address history (4 moves)

Aarestrupvej 23, 9541 Suldrup
Jernbanegade 25, 9530 Støvring
Hobrovej 22, 9530 Støvring
Hobrovej 22, 9530 Støvring
Aarestrupvej 23, 9541 Suldrup

Former names

H.K. GLAS ApS – now
JYSKE UDESTUER ApS –

Employees per year

Number of employees at H.K. GLAS ApS per year592011: 420112012: 920122013: 820132014: 420142015: 320152016: 320162017: 420172018: 62018

Other companies at the same address

Similar companies in Rebild

Questions and answers about H.K. GLAS ApS

Has H.K. GLAS ApS gone bankrupt?

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

What is the bankruptcy risk of H.K. GLAS ApS?

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 H.K. GLAS ApS?

Line Hjorth Pedersen is the CEO of H.K. GLAS ApS.

Who is the auditor of H.K. GLAS ApS?

H.K. GLAS ApS most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was H.K. GLAS ApS founded?

H.K. GLAS ApS was founded on 15 July 2005.

What is the equity of H.K. GLAS ApS?

Equity was DKK -65k 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.