FRANK BAADSGAARD A/S

CVR 31493900 · Public limited company (A/S) · Active · Low risk

FRANK BAADSGAARD A/S is a Public limited company (A/S), founded on , based in Fur. The company is registered in the industry vejgodstransport. 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, 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 3.8m and a net result of DKK 107k. CEO: Frank Baadsgaard.

Bankruptcy risk for FRANK BAADSGAARD A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · 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×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
31493900
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
Stisagervej 27A
7884 Fur
Municipality
Skive
Industry
Vejgodstransport (494100)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 500k
Employees
3 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 18
Missing annual reportNo
Negative equityNo
Equity ratio71.5%
Current ratio83%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.1mDKK 2.3m
Net profitDKK 107kDKK 192k
EquityDKK 3.8mDKK 3.7m
Total assetsDKK 5.3mDKK 5.4m
CashDKK 1,461–
Short-term debtDKK 759k–
Avg. employees4–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025106
1 Jan 2024 – 31 Dec 2024122
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019148
1 Jan 2018 – 31 Dec 2018120
1 Jan 2017 – 31 Dec 2017143
1 Jan 2016 – 31 Dec 2016110
1 Jan 2015 – 31 Dec 2015110
1 Jan 2014 – 31 Dec 201483
1 Jan 2013 – 31 Dec 2013135
1 Jan 2012 – 31 Dec 201285
1 Jan 2011 – 31 Dec 201172
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 200984
1 Jan 2008 – 31 Dec 200890

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
CEOFrank BaadsgaardCurrent
BoardFrank BaadsgaardCurrent
BoardLeo BaadsgaardCurrent
BoardMarianne Thuesen BaadsgaardCurrent
Owner (100%)F B HOLDING ApSCurrent
Owner (100%)Frank Baadsgaard
AuditorND Administration Skive ApS
AuditorRL Registreret Revisionsaktieselskab
FounderFrank BaadsgaardCurrent

The CEOs' other companies

Frank Baadsgaard – 3 other companies

Address history (1 moves)

Stisagervej 27A, 7884 Fur
Stisagervej 27, 7884 Fur

Employees per year

Number of employees at FRANK BAADSGAARD A/S per year352011: 320112012: 520122013: 320132014: 320142015: 320152016: 320162017: 320172018: 32018

Other companies at the same address

Similar companies in Skive

Questions and answers about FRANK BAADSGAARD A/S

Has FRANK BAADSGAARD A/S gone bankrupt?

No, FRANK BAADSGAARD A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of FRANK BAADSGAARD A/S?

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 FRANK BAADSGAARD A/S?

Frank Baadsgaard is the CEO of FRANK BAADSGAARD A/S.

Who is the auditor of FRANK BAADSGAARD A/S?

FRANK BAADSGAARD A/S most recently used Beierholm.

When was FRANK BAADSGAARD A/S founded?

FRANK BAADSGAARD A/S was founded on 18 June 2008.

What is the equity of FRANK BAADSGAARD A/S?

Equity was DKK 3.8m 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.