HULGAARD ApS

CVR 31182638 · Private limited company (ApS) · Active · Low risk

HULGAARD ApS is a Private limited company (ApS), founded on , based in Kolding. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 10.8m and a net result of DKK -406k. CEO: Øjvind Hulgaard.

Bankruptcy risk for HULGAARD 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

Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
31182638
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Birkemose Allé 41
6000 Kolding
Municipality
Kolding
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 18
Missing annual reportNo
Negative equityNo
Equity ratio49.2%
Current ratio115%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address26
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -60kDKK -60kDKK -64k
Net profitDKK -406kDKK 98kDKK -1.0m
EquityDKK 10.8mDKK 11.2mDKK 11.1m
Total assetsDKK 22.0mDKK 16.7mDKK 16.7m
CashDKK 253kDKK 35k–
Short-term debtDKK 11.2mDKK 5.4m–
Avg. employees10–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019195 Late
1 Jan 2018 – 31 Dec 2018163
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016164
1 Jan 2015 – 31 Dec 2015144
1 Jan 2014 – 31 Dec 2014167
1 Oct 2012 – 31 Dec 2013154
1 Oct 2011 – 30 Sep 201296
1 Oct 2010 – 30 Sep 2011159
1 Oct 2009 – 30 Sep 201087
1 Oct 2008 – 30 Sep 2009146
1 Dec 2007 – 30 Sep 2008153

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
CEOØjvind HulgaardCurrent
Owner (100%)Øjvind HulgaardCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderØjvind HulgaardCurrent

The CEOs' other companies

Øjvind Hulgaard – 55 other companies, of which 8 bankrupt

Address history (0 moves)

Birkemose Allé 41, 6000 Kolding

Former names

HULGAARD ApS – now
TÆRØ NIELSEN OG HULGAARD ApS –
HULGAARD ApS –

Other companies at the same address

Similar companies in Kolding

Questions and answers about HULGAARD ApS

Has HULGAARD ApS gone bankrupt?

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

What is the bankruptcy risk of HULGAARD 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 HULGAARD ApS?

Øjvind Hulgaard is the CEO of HULGAARD ApS.

Who is the auditor of HULGAARD ApS?

HULGAARD ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was HULGAARD ApS founded?

HULGAARD ApS was founded on 1 December 2007.

What is the equity of HULGAARD ApS?

Equity was DKK 10.8m 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.