HOVEDGÅRD RADIO OG TV A/S

CVR 29424667 · Public limited company (A/S) · Active · Medium risk

HOVEDGÅRD RADIO OG TV A/S is a Public limited company (A/S), founded on , based in Hovedgård. The company is registered in the industry detailhandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -457k and a net result of DKK -173k. CEO: Henrik Due Frandsen.

Bankruptcy risk for HOVEDGÅRD RADIO OG TV A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
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×

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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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
29424667
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Østergade 7
8732 Hovedgård
Municipality
Horsens
Industry
Detailhandel med informations- og kommunikationsudstyr (474000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 500k
Employees
2 (2018)
Auditor
Roesgaard
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityYes
Equity ratio-676.8%
Current ratio5%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -139kDKK -407k
Net profitDKK -173kDKK -426k
EquityDKK -457kDKK -283k
Total assetsDKK 67kDKK 138k
CashDKK 563–
Short-term debtDKK 524k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 202373
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021132
1 Jan 2020 – 31 Dec 2020138
1 Jan 2019 – 31 Dec 2019157
1 Jan 2018 – 31 Dec 2018141
1 Jan 2017 – 31 Dec 2017143
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 201582
1 Jan 2014 – 31 Dec 2014146
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012134
1 Jan 2011 – 31 Dec 201175
1 Jan 2010 – 31 Dec 201046
1 Jan 2009 – 31 Dec 2009117
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007112
1 Jan 2006 – 31 Dec 2006140

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
CEOHenrik Due FrandsenCurrent
CEOOle Frandsen
BoardMartin Grouleff FrandsenCurrent
BoardOle FrandsenCurrent
BoardHenrik Due FrandsenCurrent
BoardAnnette Frandsen
BoardHenrik Due Frandsen
Owner (100%)HGF HOLDING ApSCurrent
Owner (50%)Ole Frandsen
Owner (20%)HGF HOLDING ApS
Owner (20%)MGF HOLDING ApS
AuditorROESGAARD A/S
AuditorCedra Godkendt Revisionsaktieselskab
FounderOle FrandsenCurrent

The CEOs' other companies

Henrik Due Frandsen – 1 other companies

Address history (1 moves)

Østergade 7, 8732 Hovedgård
Østergade 7, 8732 Hovedgård

Employees per year

Number of employees at HOVEDGÅRD RADIO OG TV A/S per year242011: 420112012: 420122013: 320132014: 320142015: 320152016: 220162017: 120172018: 22018

Other companies at the same address

Similar companies in Horsens

Questions and answers about HOVEDGÅRD RADIO OG TV A/S

Has HOVEDGÅRD RADIO OG TV A/S gone bankrupt?

No, HOVEDGÅRD RADIO OG TV A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HOVEDGÅRD RADIO OG TV A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of HOVEDGÅRD RADIO OG TV A/S?

Henrik Due Frandsen is the CEO of HOVEDGÅRD RADIO OG TV A/S.

Who is the auditor of HOVEDGÅRD RADIO OG TV A/S?

HOVEDGÅRD RADIO OG TV A/S most recently used Roesgaard.

When was HOVEDGÅRD RADIO OG TV A/S founded?

HOVEDGÅRD RADIO OG TV A/S was founded on 24 March 2006.

What is the equity of HOVEDGÅRD RADIO OG TV A/S?

Equity was DKK -457k 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.