KLITGAARD AGRO ApS

CVR 31418860 · Private limited company (ApS) · Active · Low risk

KLITGAARD AGRO ApS is a Private limited company (ApS), founded on , based in Hals. The company is registered in the industry dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 22.7m and a net result of DKK -1.0m. CEO: Michael Bundgaard.

Bankruptcy risk for KLITGAARD AGRO ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
31418860
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Rørholtvej 76
9370 Hals
Municipality
Aalborg
Industry
Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø (011100)
Bankruptcies in the industry: Dyrkning af korn (undtagen ris), bælgfrugter og olieholdige frø
Share capital
DKK 500k
Employees
21 (2018)
Auditor
DANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityNo
Equity ratio54.0%
Current ratio163%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year2025202420242023
Gross profitDKK 5.7mDKK 1.5mDKK 4.5mDKK 23.8m
Net profitDKK -1.0mDKK -627kDKK -2.1mDKK 2.6m
EquityDKK 22.7mDKK 23.7mDKK 24.4mDKK 26.5m
Total assetsDKK 42.0mDKK 51.0mDKK 56.0mDKK 78.4m
Cash––DKK 0–
Short-term debtDKK 15.0mDKK 24.5mDKK 28.1m–
Avg. employees8710–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · DANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jul 2023 – 30 Jun 2024172
1 Jul 2022 – 30 Jun 2023180
1 Jul 2021 – 30 Jun 2022158
1 Jul 2020 – 30 Jun 2021160
1 Jul 2019 – 30 Jun 2020162
1 Jul 2018 – 30 Jun 2019145
1 Jul 2017 – 30 Jun 2018157
1 Jul 2016 – 30 Jun 2017150
1 Jul 2015 – 30 Jun 2016165
1 Jul 2014 – 30 Jun 2015157
1 Jul 2013 – 30 Jun 2014156
1 Jul 2012 – 30 Jun 2013155
1 Jul 2011 – 30 Jun 2012150
1 Jul 2010 – 30 Jun 2011143
1 Jul 2009 – 30 Jun 2010146
1 Jul 2008 – 30 Jun 2009125
1 May 2008 – 30 Jun 2008162

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
CEOMichael BundgaardCurrent
CEOMichael Bundgaard
CEOFrank Kartz Johansen
BoardTabitha Enevold Bundgaard
BoardAnders Bundgaard
BoardMichael Bundgaard
BoardFrank Kartz Johansen
BoardLeif Stiholt
BoardPer Abraham Kring
BoardSøren Svendgaard
BoardKim Kirk Ladekjær
BoardJohn Wenzel Gedde
BoardMichael Bundgaard
BoardTabitha Enevold Bundgaard
BoardMads Roed Lindemann
Owner (100%)MICHAEL BUNDGAARD HOLDING ApSCurrent
Owner (50%)AB VADSHOLT HOLDING ApS
Owner (33%)MICHAEL BUNDGAARD HOLDING ApS
AuditorDANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKABCurrent
FounderAB VADSHOLT HOLDING ApSCurrent
FounderMICHAEL BUNDGAARD HOLDING ApSCurrent

The CEOs' other companies

Michael Bundgaard – 14 other companies

Frank Kartz Johansen – 14 other companies

Address history (0 moves)

Rørholtvej 76, 9370 Hals

Former names

KLITGAARD AGRO ApS – now
KLITGAARD AGRO A/S –

Employees per year

Number of employees at KLITGAARD AGRO ApS per year13252011: 2120112012: 1820122013: 1920132014: 2320142015: 2220152016: 2120162017: 2520172018: 212018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about KLITGAARD AGRO ApS

Has KLITGAARD AGRO ApS gone bankrupt?

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

What is the bankruptcy risk of KLITGAARD AGRO ApS?

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 KLITGAARD AGRO ApS?

Michael Bundgaard is the CEO of KLITGAARD AGRO ApS.

Who is the auditor of KLITGAARD AGRO ApS?

KLITGAARD AGRO ApS most recently used DANSK REVISION SKIVE REGISTRERET REVISIONSANPARTSSELSKAB.

When was KLITGAARD AGRO ApS founded?

KLITGAARD AGRO ApS was founded on 1 May 2008.

What is the equity of KLITGAARD AGRO ApS?

Equity was DKK 22.7m 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.