Kredsløb Halmenergi A/S

CVR 30536142 · Public limited company (A/S) · Active · Low risk

Kredsløb Halmenergi A/S is a Public limited company (A/S), founded on , based in Aarhus N. The company is registered in the industry fjernvarmeforsyning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 12 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 75.1m and a net result of DKK 53.4m. CEO: Thomas Elgaard Jensen.

Bankruptcy risk for Kredsløb Halmenergi A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
30536142
Status
Active
Company type
Public limited company (A/S)
Founded
(12 years)
Address
Energivej 26
8200 Aarhus N
Municipality
Aarhus
Industry
Fjernvarmeforsyning (353000)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 500k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 12
Missing annual reportNo
Negative equityNo
Equity ratio8.6%
Current ratio243%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 380.0mDKK 371.2mDKK 337.4m
Gross profitDKK 77.4mDKK 89.2mDKK 67.8m
Net profitDKK 53.4mDKK 58.4mDKK 46.2m
EquityDKK 75.1mDKK 71.4mDKK 86.9m
Total assetsDKK 877.1mDKK 911.3mDKK 916.3m
Short-term debtDKK 105.8mDKK 123.0m–
Avg. employees00–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025167
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023162
1 Jan 2022 – 31 Dec 2022145
1 Jan 2021 – 31 Dec 2021159
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 2018130
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015138
6 May 2014 – 31 Dec 2014149

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
CEOThomas Elgaard JensenCurrent
CEOBjarne Munk Jensen
BoardSøren AdamsenCurrent
BoardThomas John RandCurrent
BoardJakob Søgaard ClausenCurrent
BoardLaura Hay UgglaCurrent
BoardTrine Lindegaard HolmbergCurrent
BoardJens Rishøj SkovCurrent
BoardHanne Tokkesdal JensenCurrent
BoardMohat Bashir YussufCurrent
BoardMatilde Kirstine Bræmer DueholmCurrent
BoardLejla MesanovicCurrent
BoardChristian Brinkmann DamsgaardCurrent
BoardErik Jespersen
BoardMichael Gøte Johansson
BoardClaus Nickelsen
BoardHenrik Seiding
BoardLone Paulsen
BoardChristian Andersen-Mølgaard
BoardPeter Pedersen
BoardBjarne Munk Jensen
BoardLone Paulsen
BoardElsebeth Arendt
BoardLisbeth Hjortborg Jensen
Owner (100%)Kredsløb Holding A/SCurrent
Owner (100%)Aarhus Kommune
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderAarhus KommuneCurrent

The CEOs' other companies

Thomas Elgaard Jensen – 11 other companies

Bjarne Munk Jensen – 10 other companies

Address history (2 moves)

Energivej 26, 8200 Aarhus N
Ølstedvej 20, 8200 Aarhus N
Bautavej 1, 8210 Aarhus V

Former names

Kredsløb Halmenergi A/S – now
AffaldVarme Aarhus Biomasse A/S –
BIOMASSEFYRET KRAFTVARMEVÆRK A/S –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Kredsløb Halmenergi A/S

Has Kredsløb Halmenergi A/S gone bankrupt?

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

What is the bankruptcy risk of Kredsløb Halmenergi A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Kredsløb Halmenergi A/S?

Thomas Elgaard Jensen is the CEO of Kredsløb Halmenergi A/S.

Who is the auditor of Kredsløb Halmenergi A/S?

Kredsløb Halmenergi A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Kredsløb Halmenergi A/S founded?

Kredsløb Halmenergi A/S was founded on 6 May 2014.

What is the equity of Kredsløb Halmenergi A/S?

Equity was DKK 75.1m 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.