HVIDOVRE AVIS A/S

CVR 29600082 · Public limited company (A/S) · Active · High risk

HVIDOVRE AVIS A/S is a Public limited company (A/S), founded on , based in Hvidovre. The company is registered in the industry udgivelse af ugeblade og magasiner. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 761k and a net result of DKK -1.0m. CEO: Maibritt Garde, Kim Garde Madsen.

Bankruptcy risk for HVIDOVRE AVIS A/S

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
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
29600082
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Hvidovrevej 109, st. tv
2650 Hvidovre
Municipality
Hvidovre
Industry
Udgivelse af ugeblade og magasiner (581300)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 1.0m
Employees
9 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 20
Missing annual reportNo
Negative equityNo
Equity ratio34.0%
Current ratio159%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.9mDKK 1.5mDKK 1.2m
Net profitDKK -1.0mDKK -990kDKK -1.2m
EquityDKK 761kDKK -3.2mDKK -2.2m
Total assetsDKK 2.2mDKK 1.4mDKK 1.9m
CashDKK 241kDKK 422k–
Short-term debtDKK 1.3mDKK 4.5m–
Avg. employees65–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023188 Late
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021172
1 Jan 2020 – 31 Dec 202085
1 Jan 2019 – 31 Dec 201987
1 Jan 2018 – 31 Dec 2018116
1 Jan 2017 – 31 Dec 2017143
1 Jan 2016 – 31 Dec 2016135
1 Jan 2015 – 31 Dec 2015109
1 Jan 2014 – 31 Dec 201485
1 Jan 2013 – 31 Dec 2013125
1 Jan 2012 – 31 Dec 2012163
1 Jan 2011 – 31 Dec 2011129
1 Jan 2010 – 31 Dec 2010172
1 Jan 2009 – 31 Dec 200997
1 Jan 2008 – 31 Dec 200878
1 Jan 2007 – 31 Dec 200794
1 Jan 2006 – 31 Dec 2006100

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
CEOMaibritt GardeCurrent
CEOKim Garde MadsenCurrent
BoardMaibritt GardeCurrent
BoardNiels Erik MadsenCurrent
BoardNina Elga Garde MadsenCurrent
BoardKim Garde MadsenCurrent
BoardMartin HøghCurrent
BoardValther Allan Bang Andersen
Owner (100%)NEKIMA HOLDING A/SCurrent
AuditorFIRSTVISION ApS
AuditorNU-REVI STATSAUTORISERET REVISOR ApS
AuditorApS af 27-07-1984
AuditorVKST REVISION, GODKENDT REVISIONSAKTIESELSKAB
AuditorBarrett revisionsanpartsselskab
AuditorAlgade Revision - Godkendte revisorer ApS
FounderNEKIMA HOLDING A/SCurrent

The CEOs' other companies

Maibritt Garde – 2 other companies

Kim Garde Madsen – 8 other companies, of which 1 bankrupt

Address history (2 moves)

Hvidovrevej 109, st. tv, 2650 Hvidovre
Hvidovrevej 109, 2650 Hvidovre
Hvidovrevej 301, 2650 Hvidovre

Employees per year

Number of employees at HVIDOVRE AVIS A/S per year10202011: 1520112012: 2020122013: 1720132014: 1720142015: 1720152016: 1620162017: 1620172018: 92018

Other companies at the same address

Questions and answers about HVIDOVRE AVIS A/S

Has HVIDOVRE AVIS A/S gone bankrupt?

No, HVIDOVRE AVIS A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HVIDOVRE AVIS A/S?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the CEO of HVIDOVRE AVIS A/S?

Maibritt Garde, Kim Garde Madsen are the CEOs of HVIDOVRE AVIS A/S.

When was HVIDOVRE AVIS A/S founded?

HVIDOVRE AVIS A/S was founded on 23 May 2006.

What is the equity of HVIDOVRE AVIS A/S?

Equity was DKK 761k 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.