Brændgaard Group ApS

CVR 30712021 · Private limited company (ApS) · Active · Low risk

Brændgaard Group ApS is a Private limited company (ApS), founded on , based in Ringkøbing. The company is registered in the industry udlejning af erhvervsejendomme. 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, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 223.5m and a net result of DKK 6.5m. CEO: Morten Brændgaard.

Bankruptcy risk for Brændgaard Group ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
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×

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
30712021
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Birkmosevej 18
6950 Ringkøbing
Municipality
Ringkøbing-Skjern
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 148k
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 19
Missing annual reportNo
Negative equityNo
Equity ratio98.3%
Current ratio2,661%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.7mDKK 1.6mDKK 1.6m
Net profitDKK 6.5mDKK 8.4mDKK 11.7m
EquityDKK 223.5mDKK 218.0mDKK 214.5m
Total assetsDKK 227.3mDKK 220.6mDKK 216.2m
CashDKK 32.8mDKK 4.8m–
Short-term debtDKK 3.4mDKK 2.1m–
Tax owedDKK 580kDKK 477k–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022189 Late
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020130
1 Jan 2019 – 31 Dec 2019150
1 Jan 2018 – 31 Dec 2018144
1 Jan 2017 – 31 Dec 2017127
1 Jan 2016 – 31 Dec 2016146
1 Jan 2015 – 31 Dec 2015146
1 Jan 2014 – 31 Dec 2014144
1 Jan 2013 – 31 Dec 2013144
1 Jan 2012 – 31 Dec 2012152
1 Jan 2011 – 31 Dec 2011120
1 Jan 2010 – 31 Dec 2010117
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008155
27 Jun 2007 – 31 Dec 2007153

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
CEOMorten BrændgaardCurrent
Owner (100%)Morten BrændgaardCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderMorten BrændgaardCurrent

The CEOs' other companies

Morten Brændgaard – 10 other companies, of which 1 bankrupt

Address history (2 moves)

Birkmosevej 18, 6950 Ringkøbing
Birkmosevej 22, 6950 Ringkøbing
c/o Morten Brændgaard, Heboltoft 33, 6950 Ringkøbing

Former names

Brændgaard Group ApS – now
M. BRÆNDGAARD INVEST ApS –

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Brændgaard Group ApS

Has Brændgaard Group ApS gone bankrupt?

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

What is the bankruptcy risk of Brændgaard Group 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 Brændgaard Group ApS?

Morten Brændgaard is the CEO of Brændgaard Group ApS.

Who is the auditor of Brændgaard Group ApS?

Brændgaard Group ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was Brændgaard Group ApS founded?

Brændgaard Group ApS was founded on 27 June 2007.

What is the equity of Brændgaard Group ApS?

Equity was DKK 223.5m 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.