HVIDE SANDE FOOD HOLDING ApS

CVR 31175119 · Private limited company (ApS) · Active · Low risk

HVIDE SANDE FOOD HOLDING ApS is a Private limited company (ApS), founded on , based in Hvide Sande. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 18 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 8.3m and a net result of DKK 3.1m. CEO: Merrild Borggaard Jørgensen.

Bankruptcy risk for HVIDE SANDE FOOD HOLDING 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

Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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
31175119
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Nørregade 50
6960 Hvide Sande
Municipality
Ringkøbing-Skjern
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 18
Missing annual reportNo
Negative equityNo
Equity ratio72.7%
Current ratio225%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -21kDKK -20k
Net profitDKK 3.1mDKK 3.3m
EquityDKK 8.3mDKK 7.2m
Total assetsDKK 11.4mDKK 11.0m
CashDKK 4,381–
Short-term debtDKK 382k–
Tax owedDKK 6,398–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025114
1 Oct 2023 – 30 Sep 202498
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022153
1 Oct 2020 – 30 Sep 2021123
1 Oct 2019 – 30 Sep 2020153
1 Oct 2018 – 30 Sep 2019162
1 Oct 2017 – 30 Sep 2018158
1 Oct 2016 – 30 Sep 2017159
1 Oct 2015 – 30 Sep 2016160
1 Oct 2014 – 30 Sep 2015132
1 Oct 2013 – 30 Sep 2014119
1 Oct 2012 – 30 Sep 2013151
1 Oct 2011 – 30 Sep 201280
1 Oct 2010 – 30 Sep 201182
1 Oct 2009 – 30 Sep 2010159
1 Oct 2008 – 30 Sep 2009118
11 Jan 2008 – 30 Sep 2008156

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
CEOMerrild Borggaard JørgensenCurrent
BoardMerrild Borggaard JørgensenCurrent
BoardMads Peder Borggaard JørgensenCurrent
BoardIlse Sand JørgensenCurrent
BoardJeppe Borggaard JørgensenCurrent
BoardOliver Borggaard JørgensenCurrent
BoardCarola Reffs Thorup
Owner (25%)Mads Bager Holding ApSCurrent
Owner (25%)Kringlevrider Holding ApSCurrent
Owner (25%)Borggaard Holding HVS ApSCurrent
Owner (25%)Oliver Bager Holding ApSCurrent
Owner (100%)Borggaard Holding HVS ApS
Owner (50%)Borggaard Holding HVS ApS
Owner (25%)Mads Bager Holding ApS
Owner (25%)Kringlevrider Holding ApS
Owner (50%)Borggaard Holding HVS ApS
Owner (33%)Borggaard Holding HVS ApS
Owner (10%)Oliver Bager Holding ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorJesper Clausen
AuditorDamgaard & Enevoldsen A/S
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderCM MARINA HOLDING ApSCurrent
FounderBorggaard Holding HVS ApSCurrent

The CEOs' other companies

Merrild Borggaard Jørgensen – 10 other companies

Address history (1 moves)

Nørregade 50, 6960 Hvide Sande
Nørregade 50, 6960 Hvide Sande

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about HVIDE SANDE FOOD HOLDING ApS

Has HVIDE SANDE FOOD HOLDING ApS gone bankrupt?

No, HVIDE SANDE FOOD HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HVIDE SANDE FOOD HOLDING 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 HVIDE SANDE FOOD HOLDING ApS?

Merrild Borggaard Jørgensen is the CEO of HVIDE SANDE FOOD HOLDING ApS.

Who is the auditor of HVIDE SANDE FOOD HOLDING ApS?

HVIDE SANDE FOOD HOLDING ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was HVIDE SANDE FOOD HOLDING ApS founded?

HVIDE SANDE FOOD HOLDING ApS was founded on 11 January 2008.

What is the equity of HVIDE SANDE FOOD HOLDING ApS?

Equity was DKK 8.3m according to the annual report for the period ending 30 September 2025.

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