SAD HOLDING ApS

CVR 31478367 · Private limited company (ApS) · Active · Low risk

SAD HOLDING ApS is a Private limited company (ApS), founded on , based in Silkeborg. 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 (31 Dec 2025) shows equity of DKK 49.3m and a net result of DKK 120.9m. CEO: Lars Hedegaard.

Bankruptcy risk for SAD HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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
31478367
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
c/o Lars Hedegaard, Hostrupsgade 5
8600 Silkeborg
Municipality
Silkeborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 2.5m
Auditor
Advosion, Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 18
Missing annual reportNo
Negative equityNo
Equity ratio99.8%
Current ratio36,058%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -40kDKK -8,625DKK -8,500
Net profitDKK 120.9mDKK 12.8mDKK 8.5m
EquityDKK 49.3mDKK 11.4mDKK 11.6m
Total assetsDKK 49.4mDKK 14.0mDKK 15.1m
CashDKK 69k––
Short-term debtDKK 95kDKK 2.6m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · ADVOSION.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202535
1 Jan 2024 – 31 Dec 202466
1 Jan 2023 – 31 Dec 202361
1 Jan 2022 – 31 Dec 202272
1 Jan 2021 – 31 Dec 202177
1 Jan 2020 – 31 Dec 202099
1 Jan 2019 – 31 Dec 201998
1 Jan 2018 – 31 Dec 2018126
1 Jan 2017 – 31 Dec 201793
1 Jan 2016 – 31 Dec 201695
1 Jan 2015 – 31 Dec 201546
1 Jan 2014 – 31 Dec 2014168
1 Jan 2013 – 31 Dec 201376
1 Jul 2011 – 31 Dec 2012159
1 Jul 2010 – 30 Jun 2011166
1 Jul 2009 – 30 Jun 2010134
1 Jul 2008 – 30 Jun 2009134
2 Jun 2008 – 30 Jun 2008223 Late

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
CEOLars HedegaardCurrent
BoardHenrik Dybbroe
BoardPalle Hannibal Villadsen
BoardSteen Nørret
BoardKnud Hyrup Mikkelsen
BoardLars Hedegaard
BoardKjeld Ostenfeldt Mathiesen
BoardPeter Thorsen
BoardLars Sendal From
BoardJens Alfred Iversen
BoardMichael Stokholm Krogh
Owner (100%)Hedegaard Invest Holding ApSCurrent
Owner (33%)Hedegaard Invest Holding ApS
Owner (50%)Thorsen Ejendomme A/S
Owner (25%)Hedegaard Invest Holding ApS
Owner (67%)Thorsen Ejendomme A/S
Owner (33%)Hedegaard Invest Holding ApS
Owner (50%)Thorsen Ejendomme A/S
Owner (50%)Hedegaard Invest Holding ApS
Owner (33%)Thorsen Ejendomme A/S
AuditorAdvosion, Statsautoriseret RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderCHD HOLDING A/SCurrent
FounderSCAN AUTO HOLDING ApSCurrent
FounderHedegaard Invest Holding ApSCurrent
FounderThorsen Ejendomme A/SCurrent

The CEOs' other companies

Lars Hedegaard – 16 other companies, of which 1 bankrupt

Address history (2 moves)

c/o Lars Hedegaard, Hostrupsgade 5, 8600 Silkeborg
Engelsholmvej 33, 8940 Randers SV
Tomsagervej 8, 8230 Åbyhøj

Former names

SAD HOLDING ApS – now
SAD HOLDING A/S –
SCANDYBBROE GROUP A/S –

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about SAD HOLDING ApS

Has SAD HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of SAD 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 SAD HOLDING ApS?

Lars Hedegaard is the CEO of SAD HOLDING ApS.

Who is the auditor of SAD HOLDING ApS?

SAD HOLDING ApS most recently used Advosion, Statsautoriseret Revisionspartnerselskab.

When was SAD HOLDING ApS founded?

SAD HOLDING ApS was founded on 2 June 2008.

What is the equity of SAD HOLDING ApS?

Equity was DKK 49.3m 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.