VESTJYSK UDVIKLING A/S

CVR 30351053 · Public limited company (A/S) · Active · Low risk

VESTJYSK UDVIKLING A/S is a Public limited company (A/S), founded on , based in Ringkøbing. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 18 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -85k and a net result of DKK -52k. CEO: Kenneth Kristensen.

Bankruptcy risk for VESTJYSK UDVIKLING A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% 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×
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×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
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
30351053
Status
Active
Company type
Public limited company (A/S)
Founded
(19 years)
Address
Holstebrovej 11A
6950 Ringkøbing
Municipality
Ringkøbing-Skjern
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 515k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityYes
Equity ratio-17.8%
Current ratio85%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 385kDKK -18k
Net profitDKK -52kDKK -19k
EquityDKK -85kDKK -33k
Total assetsDKK 478kDKK 41k
CashDKK 5,332–
Short-term debtDKK 563k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025128
1 Jul 2023 – 30 Jun 202485
1 Jul 2022 – 30 Jun 2023121
1 May 2021 – 30 Jun 2022119
1 May 2020 – 30 Apr 2021140
1 May 2019 – 30 Apr 2020154
1 May 2018 – 30 Apr 2019154
1 May 2017 – 30 Apr 2018136
1 May 2016 – 30 Apr 2017159
1 May 2015 – 30 Apr 2016165
1 May 2014 – 30 Apr 2015147
1 May 2013 – 30 Apr 2014141
1 May 2012 – 30 Apr 2013164
1 May 2011 – 30 Apr 2012158
1 May 2010 – 30 Apr 2011164
1 May 2009 – 30 Apr 2010117
1 May 2008 – 30 Apr 200953
8 Mar 2007 – 30 Apr 2008151

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
CEOKenneth KristensenCurrent
CEOJohnny Sidelmann Mortensen
CEOLars Hjarnø Nielsen
CEOFinn Juhl
BoardKenneth KristensenCurrent
BoardStig KristensenCurrent
BoardGudmund KristensenCurrent
BoardJohnny Sidelmann Mortensen
BoardMartin Krogh Pedersen
BoardFinn Juhl
BoardLars Hjarnø Nielsen
Owner (100%)B. & V. Group ApSCurrent
Owner (20%)LOFI HOLDING ApS
Owner (20%)B. & V. Group ApS
Owner (20%)HØJMARK HOLDING ApS
Owner (20%)JM HOLDING RINGKØBING ApS
Owner (20%)MHKP HOLDING ApS
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderHØJMARK HOLDING ApSCurrent

The CEOs' other companies

Kenneth Kristensen – 16 other companies

Johnny Sidelmann Mortensen – 2 other companies

Lars Hjarnø Nielsen – 16 other companies, of which 1 bankrupt

Finn Juhl – 20 other companies

Address history (4 moves)

Holstebrovej 11A, 6950 Ringkøbing
Stenaldervej 44, 6950 Ringkøbing
Jordbærhaven 24, 6950 Ringkøbing
Kastanjevej 9, 6950 Ringkøbing
Søibergsvej 26, 6950 Ringkøbing

Former names

VESTJYSK UDVIKLING A/S – now
SAALBACH INVEST ApS –

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about VESTJYSK UDVIKLING A/S

Has VESTJYSK UDVIKLING A/S gone bankrupt?

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

What is the bankruptcy risk of VESTJYSK UDVIKLING A/S?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of VESTJYSK UDVIKLING A/S?

Kenneth Kristensen is the CEO of VESTJYSK UDVIKLING A/S.

Who is the auditor of VESTJYSK UDVIKLING A/S?

VESTJYSK UDVIKLING A/S most recently used Beierholm.

When was VESTJYSK UDVIKLING A/S founded?

VESTJYSK UDVIKLING A/S was founded on 8 March 2007.

What is the equity of VESTJYSK UDVIKLING A/S?

Equity was DKK -85k according to the annual report for the period ending 30 June 2025.

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