BRAAE HOLDING ApS

CVR 29622434 · Private limited company (ApS) · Active · Low risk

BRAAE HOLDING ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 19 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 8.3m and a net result of DKK -1.4m. CEO: Mogens Braae.

Bankruptcy risk for BRAAE HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
CEO's other companies0 · bankruptcy rate 10.9%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×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
29622434
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Kjeldsensgade 1
8700 Horsens
Municipality
Horsens
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityNo
Equity ratio80.6%
Current ratio389%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -50kDKK -112k
Net profitDKK -1.4mDKK 1.2m
EquityDKK 8.3mDKK 9.7m
Total assetsDKK 10.3mDKK 10.0m
CashDKK 5,255–
Short-term debtDKK 2.0m–
Tax owedDKK 5,986–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202597
1 Oct 2023 – 30 Sep 202468
1 Oct 2022 – 30 Sep 202379
1 Oct 2021 – 30 Sep 202275
1 Oct 2020 – 30 Sep 202174
1 Oct 2019 – 30 Sep 202077
1 Oct 2018 – 30 Sep 201980
1 Oct 2017 – 30 Sep 201878
1 Oct 2016 – 30 Sep 201781
1 Oct 2015 – 30 Sep 201682
1 Oct 2014 – 30 Sep 201579
1 Oct 2013 – 30 Sep 201480
1 Oct 2012 – 30 Sep 201394
1 Oct 2011 – 30 Sep 201282
1 Oct 2010 – 30 Sep 201183
1 Oct 2009 – 30 Sep 2010110
1 Oct 2008 – 30 Sep 2009152
1 Oct 2007 – 30 Sep 2008113
19 Jun 2006 – 30 Sep 200773

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
CEOMogens BraaeCurrent
Owner (100%)Mogens BraaeCurrent
Owner (100%)Mogens Braae
AuditorPluspartner Revision + Rådgivning v/Kurt Beck Pedersen
AuditorEY Godkendt Revisionspartnerselskab
FounderMogens BraaeCurrent

The CEOs' other companies

Mogens Braae – 1 other companies

Address history (0 moves)

Kjeldsensgade 1, 8700 Horsens

Similar companies in Horsens

Questions and answers about BRAAE HOLDING ApS

Has BRAAE HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of BRAAE HOLDING ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of BRAAE HOLDING ApS?

Mogens Braae is the CEO of BRAAE HOLDING ApS.

When was BRAAE HOLDING ApS founded?

BRAAE HOLDING ApS was founded on 19 June 2006.

What is the equity of BRAAE HOLDING ApS?

Equity was DKK 8.3m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.