Ballard Power Systems Europe A/S
CVR 30804996 · Public limited company (A/S) · Active · Low risk
Ballard Power Systems Europe A/S is a Public limited company (A/S), founded on , based in Hobro. The company is registered in the industry reparation og vedligeholdelse af elektrisk udstyr. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 19 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 104.4m and a net result of DKK -82.7m.
Bankruptcy risk for Ballard Power Systems Europe A/S
0.2 × the average (1.41%) · higher risk than 49% of active Danish companies
Increases the risk
Reduces the risk
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
- 30804996
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (19 years)
- Address
- Lupinvej 4
9500 Hobro - Municipality
- Mariagerfjord
- Industry
- Reparation og vedligeholdelse af elektrisk udstyr (331400)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr - Share capital
- DKK 5.5m
- Employees
- 44 (2018)
- Auditor
- Beierholm Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 19 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 80.0% |
| Current ratio | 930% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 13 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -19.1m | DKK -35.2m |
| Net profit | DKK -82.7m | DKK -213.1m |
| Equity | DKK 104.4m | DKK 114.0m |
| Total assets | DKK 130.4m | DKK 227.9m |
| Cash | DKK 20.7m | – |
| Short-term debt | DKK 13.8m | – |
| Avg. employees | 80 | – |
Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Beierholm.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 130 | ||
| 1 Jan 2024 – 31 Dec 2024 | 97 | ||
| 1 Jan 2023 – 31 Dec 2023 | 170 | ||
| 1 Jan 2022 – 31 Dec 2022 | 167 | ||
| 1 Jan 2021 – 31 Dec 2021 | 144 | ||
| 1 Jan 2020 – 31 Dec 2020 | 85 | ||
| 1 Jan 2019 – 31 Dec 2019 | 119 | ||
| 1 Jan 2018 – 31 Dec 2018 | 101 | ||
| 1 Jan 2017 – 31 Dec 2017 | 134 | ||
| 1 Jan 2016 – 31 Dec 2016 | 75 | ||
| 1 Jan 2015 – 31 Dec 2015 | 131 | ||
| 1 Jan 2014 – 31 Dec 2014 | 63 | ||
| 1 Jan 2013 – 31 Dec 2013 | 93 | ||
| 1 Jan 2012 – 31 Dec 2012 | 83 | ||
| 1 Jan 2011 – 31 Dec 2011 | 151 | ||
| 1 Jan 2010 – 31 Dec 2010 | 132 | ||
| 1 Jan 2009 – 31 Dec 2009 | 21 | ||
| 1 Jan 2008 – 31 Dec 2008 | 141 | ||
| 1 Jan 2007 – 31 Dec 2007 | 104 |
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
| Role | Name | From | To |
|---|---|---|---|
| Board | Kate Renee Igbalode | Current | |
| Board | Oben Uluc | Current | |
| Board | Ralph Clayton Robinett | Current | |
| Board | Bjarke Brøns | ||
| Board | Mikael Andersen | ||
| Board | Nils Rosenkrands Olsen | ||
| Board | Brian Thrane | ||
| Board | Poul Arne Jensen | ||
| Board | Stig Poulsen | ||
| Board | Michael William Goldstein | ||
| Board | Niels Peter Christiansen | ||
| Board | Torben Duer | ||
| Board | Oliver Finn Decarle McFall | ||
| Board | Hongwei Mao | ||
| Board | Xun Zhang | ||
| Board | John William Sheridan | ||
| Board | Anthony Robert Guglielmin | ||
| Board | Steven William Karaffa | ||
| Board | Preben Tolstrup | ||
| Board | Kevin Michael Colbow | ||
| Board | Jesper Thomas Holmegaard Themsen | ||
| Board | Robert Randall MacEwen | ||
| Board | Sarbjot Sidhu | ||
| Board | Jan Louise Laishley | ||
| Board | Paul Michael Dobson | ||
| Board | Kate Renee Igbalode | ||
| Board | Henrik Rise Christensen | ||
| Board | Sarbjot Sidhu | ||
| Board | Marty Tucker Neese | ||
| Owner (100%) | Ballard Power Systems Inc | Current | |
| Owner (33%) | Dansk Industri Invest A/S | ||
| Owner (50%) | Ballard Power Systems Inc | ||
| Owner (10%) | Beijing Azure Hydrogen Energy Science & Tech Corp | ||
| Owner (5%) | Ballard Power Systems Europe A/S | ||
| Auditor | Beierholm Godkendt Revisionspartnerselskab | Current | |
| Auditor | BEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | Beierholm Godkendt Revisionspartnerselskab | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | KPMG P/S | ||
| Auditor | KPMG P/S |
Address history (2 moves)
| Lupinvej 4, 9500 Hobro | |
| Majsmarken 1, 9500 Hobro | |
| Marienlystvej 65, 7800 Skive |
Former names
| Ballard Power Systems Europe A/S | – now |
| DANTHERM POWER A/S | – |
Employees per year
Other companies at the same address
- Anpartsselskabet af 27.07.2020 Bankrupt
- Kamas aps Bankrupt
- Din Vinbutik Hobro ApS Active
- M.G.T. ApS Compulsorily dissolved
- MD 1984 A/S Opløst
- P. A. JOHANSEN MASKINFABRIK ApS Opløst
- PAJO HOBRO A/S Fusioneret
- PAJO VÆRKTØJ A/S Fusioneret
- PAJO-AALBORG ApS Fusioneret
- PAJO-HADSUND ApS Fusioneret
- PAJO-RANDERS ApS Fusioneret
- TOP TOOLS ApS Fusioneret
- VICH 3464 A/S Opløst
Similar companies in Mariagerfjord
- ELEKTRODYN. HADSUND ApS Hadsund
- SFC Energy Denmark ApS Hobro
- ULVECO A/S Hadsund
- Selskabet af 1. juni 2018, Hadsund A/S Hadsund
Questions and answers about Ballard Power Systems Europe A/S
Has Ballard Power Systems Europe A/S gone bankrupt?
No, Ballard Power Systems Europe A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Ballard Power Systems Europe A/S?
Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.
Who is the auditor of Ballard Power Systems Europe A/S?
Ballard Power Systems Europe A/S most recently used Beierholm Godkendt Revisionspartnerselskab.
When was Ballard Power Systems Europe A/S founded?
Ballard Power Systems Europe A/S was founded on 20 August 2007.
What is the equity of Ballard Power Systems Europe A/S?
Equity was DKK 104.4m 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.