BAUNGAARD ApS

CVR 29779805 · Private limited company (ApS) · Active · Medium risk

BAUNGAARD ApS is a Private limited company (ApS), founded on , based in Vejen. The company is registered in the industry forberedende byggepladsarbejder. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 19 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 -786k and a net result of DKK -466k. CEO: Karsten Lund Jensen.

Bankruptcy risk for BAUNGAARD ApS

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

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Current ratio50%–100% · bankruptcy rate 11.7%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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
29779805
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Baungårdsvej 65
6600 Vejen
Municipality
Vejen
Industry
Forberedende byggepladsarbejder (431200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
4 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 19
Missing annual reportNo
Negative equityYes
Equity ratio-30.7%
Current ratio69%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 1.8mDKK 1.7mDKK 2.3m
Net profitDKK -466kDKK 20kDKK 573k
EquityDKK -786kDKK -320kDKK -339k
Total assetsDKK 2.6mDKK 2.1mDKK 1.5m
CashDKK 196kDKK 11k–
Short-term debtDKK 3.3mDKK 2.4m–
Avg. employees64–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022183
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019252 Late
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017172
1 Jan 2016 – 31 Dec 2016172
1 Jan 2015 – 31 Dec 2015182
1 Jan 2014 – 31 Dec 2014175
1 Jan 2013 – 31 Dec 2013169
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010159
1 Jan 2009 – 31 Dec 2009159
1 Jan 2008 – 31 Dec 2008155
18 Aug 2006 – 31 Dec 2007169

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
CEOKarsten Lund JensenCurrent
Owner (100%)BAUNGAARD HOLDING ApSCurrent
AuditorLDM Vejle ApS
AuditorRevenu Registreret Revisionsanpartsselskab
FounderBAUNGAARD HOLDING ApSCurrent

The CEOs' other companies

Karsten Lund Jensen – 2 other companies

Address history (0 moves)

Baungårdsvej 65, 6600 Vejen

Employees per year

Number of employees at BAUNGAARD ApS per year362011: 620112012: 420122013: 620132014: 420142015: 420152016: 420162017: 520172018: 42018

Other companies at the same address

Similar companies in Vejen

Questions and answers about BAUNGAARD ApS

Has BAUNGAARD ApS gone bankrupt?

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

What is the bankruptcy risk of BAUNGAARD ApS?

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 BAUNGAARD ApS?

Karsten Lund Jensen is the CEO of BAUNGAARD ApS.

When was BAUNGAARD ApS founded?

BAUNGAARD ApS was founded on 18 August 2006.

What is the equity of BAUNGAARD ApS?

Equity was DKK -786k 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.