HGF HOLDING ApS

CVR 31472830 · Private limited company (ApS) · Active · Low risk

HGF HOLDING ApS is a Private limited company (ApS), founded on , based in Hovedgård. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -48k and a net result of DKK -1,927. CEO: Henrik Due Frandsen.

Bankruptcy risk for HGF HOLDING ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
31472830
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
c/o Henrik Grouleff Frandsen, Østergade 7
8732 Hovedgård
Municipality
Horsens
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 135k
Auditor
Roesgaard
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityYes
Equity ratio–
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -2,004DKK -31k
Net profitDKK -1,927DKK -174k
EquityDKK -48kDKK -46k
Total assetsDKK 0DKK 0
Short-term debtDKK 48k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 202373
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021132
1 Jan 2020 – 31 Dec 2020138
1 Jan 2019 – 31 Dec 2019163
1 Jan 2018 – 31 Dec 2018140
1 Jan 2017 – 31 Dec 2017143
1 Jan 2016 – 31 Dec 2016149
1 Jan 2015 – 31 Dec 201582
1 Jan 2014 – 31 Dec 2014146
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012134
1 Jan 2011 – 31 Dec 201175
1 Jan 2010 – 31 Dec 201046
1 Jan 2009 – 31 Dec 2009117
19 May 2008 – 31 Dec 2008155

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
CEOHenrik Due FrandsenCurrent
Owner (100%)Henrik Due FrandsenCurrent
AuditorROESGAARD A/S
AuditorCedra Godkendt Revisionsaktieselskab
FounderHenrik Due FrandsenCurrent

The CEOs' other companies

Henrik Due Frandsen – 1 other companies

Address history (0 moves)

c/o Henrik Grouleff Frandsen, Østergade 7, 8732 Hovedgård

Other companies at the same address

Similar companies in Horsens

Questions and answers about HGF HOLDING ApS

Has HGF HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of HGF HOLDING ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of HGF HOLDING ApS?

Henrik Due Frandsen is the CEO of HGF HOLDING ApS.

Who is the auditor of HGF HOLDING ApS?

HGF HOLDING ApS most recently used Roesgaard.

When was HGF HOLDING ApS founded?

HGF HOLDING ApS was founded on 19 May 2008.

What is the equity of HGF HOLDING ApS?

Equity was DKK -48k 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.