BAUNGAARD VVS ApS

CVR 29934967 · Private limited company (ApS) · Active · Medium risk

BAUNGAARD VVS ApS is a Private limited company (ApS), founded on , based in Juelsminde. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 19 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -438k and a net result of DKK -844k. CEO: Jakob Baungaard.

Bankruptcy risk for BAUNGAARD VVS ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% 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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
29934967
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Odelsgade 50B
7130 Juelsminde
Municipality
Hedensted
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
1 (2018)
Auditor
Revision Ry & Hammel Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 19
Missing annual reportNo
Negative equityYes
Equity ratio-49.8%
Current ratio61%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -160k–
Net profitDKK -844k–
EquityDKK -438k–
Total assetsDKK 879k–
CashDKK 122k–
Short-term debtDKK 1.3m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · EKL Revision, en del af: Revision Ry &amp; Hammel Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024190 Late
1 Jan 2023 – 31 Dec 2023174
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019161
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016144
1 Jan 2015 – 31 Dec 201599
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 201370
1 Jan 2012 – 31 Dec 201273
1 Jan 2011 – 31 Dec 201185
1 Jan 2010 – 31 Dec 2010129
1 Jan 2009 – 31 Dec 2009151
1 Jan 2008 – 31 Dec 2008141
9 Oct 2006 – 31 Dec 2007150

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
CEOJakob BaungaardCurrent
Owner (100%)J. BAUNGAARD HOLDING ApSCurrent
AuditorRevision Ry & Hammel Godkendt RevisionsaktieselskabCurrent
AuditorEKL REVISION, REGISTRERET REVISIONSANPARTSSELSKAB
AuditorEKL Holding, Registreret Revisionsanpartsselskab
FounderJ. BAUNGAARD HOLDING ApSCurrent

The CEOs' other companies

Jakob Baungaard – 1 other companies

Address history (2 moves)

Odelsgade 50B, 7130 Juelsminde
Odelsgade 50, 7130 Juelsminde
Odelsgade 50, 7130 Juelsminde

Employees per year

Number of employees at BAUNGAARD VVS ApS per year112011: 120112012: 120122013: 120132014: 120142015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Hedensted

Questions and answers about BAUNGAARD VVS ApS

Has BAUNGAARD VVS ApS gone bankrupt?

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

What is the bankruptcy risk of BAUNGAARD VVS ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of BAUNGAARD VVS ApS?

Jakob Baungaard is the CEO of BAUNGAARD VVS ApS.

Who is the auditor of BAUNGAARD VVS ApS?

BAUNGAARD VVS ApS most recently used Revision Ry & Hammel Godkendt Revisionsaktieselskab.

When was BAUNGAARD VVS ApS founded?

BAUNGAARD VVS ApS was founded on 9 October 2006.

What is the equity of BAUNGAARD VVS ApS?

Equity was DKK -438k 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.