VESTERGAARD NIELSEN A/S

CVR 31619750 · Public limited company (A/S) · Active · Low risk

VESTERGAARD NIELSEN A/S is a Public limited company (A/S), founded on , based in Køge. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 17 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 4.3m and a net result of DKK 308k. CEO: Karsten Vincent Vestergaard.

Bankruptcy risk for VESTERGAARD NIELSEN A/S

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

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
31619750
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
Ølbyvej 110A
4600 Køge
Municipality
Køge
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 500k
Employees
51 (2018)
Auditor
ADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio13.9%
Current ratio106%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 12.5mDKK 14.2m
Net profitDKK 308kDKK 1.9m
EquityDKK 4.3mDKK 6.9m
Total assetsDKK 30.6mDKK 28.4m
CashDKK 10k–
Short-term debtDKK 25.3m–
Avg. employees19–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025175
1 Jul 2023 – 30 Jun 2024174
1 Jul 2022 – 30 Jun 2023175
1 Jul 2021 – 30 Jun 2022174
1 Jul 2020 – 30 Jun 2021160
1 Jul 2019 – 30 Jun 2020162
1 Jul 2018 – 30 Jun 2019169
1 Jul 2017 – 30 Jun 2018174
1 Jul 2016 – 30 Jun 2017153
1 Jul 2015 – 30 Jun 2016153
1 Jul 2014 – 30 Jun 2015156
1 Jul 2013 – 30 Jun 2014176
1 Jul 2012 – 30 Jun 2013152
1 Jul 2011 – 30 Jun 2012178
1 Jul 2010 – 30 Jun 2011172
1 Jul 2009 – 30 Jun 2010159
1 Jul 2008 – 30 Jun 2009167

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
CEOKarsten Vincent VestergaardCurrent
BoardKarsten Vincent VestergaardCurrent
BoardLydia VestergaardCurrent
BoardAksel LarsenCurrent
BoardDanny Adler Kirkegaard Nielsen
BoardMorten Vincent Vestergaard
BoardEmil Elkjær Borch
BoardMorten Vincent Vestergaard
BoardAksel Larsen
Owner (67%)KARSTEN VESTERGAARD HOLDING ApSCurrent
Owner (25%)KØGE PROPERTY ApSCurrent
Owner (67%)KARSTEN VESTERGAARD HOLDING ApS
Owner (20%)MORTEN VESTERGAARD HOLDING ApS
Owner (50%)KARSTEN VESTERGAARD HOLDING ApS
Owner (33%)MORTEN VESTERGAARD HOLDING ApS
Owner (25%)MORTEN VESTERGAARD HOLDING ApS
Owner (20%)KØGE PROPERTY ApS
AuditorADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorLokalkontoret ApS
AuditorLokalkontoret ApS
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderKARSTEN VESTERGAARD HOLDING ApSCurrent
FounderDANNY A. K. NIELSEN HOLDING ApSCurrent

The CEOs' other companies

Karsten Vincent Vestergaard – 17 other companies

Address history (5 moves)

Ølbyvej 110A, 4600 Køge
Ølsemagle Kirkevej 73, 4600 Køge
Ølsemagle Kirkevej 73, 4623 Lille Skensved
Sandvadsvej 15A, 4600 Køge
Humlekærgård 10, 4600 Køge
Ølbyvej 110, 4600 Køge

Employees per year

Number of employees at VESTERGAARD NIELSEN A/S per year33662011: 2520112012: 2620122013: 3020132014: 3920142015: 4020152016: 6620162017: 5320172018: 512018

Other companies at the same address

Similar companies in Køge

Questions and answers about VESTERGAARD NIELSEN A/S

Has VESTERGAARD NIELSEN A/S gone bankrupt?

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

What is the bankruptcy risk of VESTERGAARD NIELSEN A/S?

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 VESTERGAARD NIELSEN A/S?

Karsten Vincent Vestergaard is the CEO of VESTERGAARD NIELSEN A/S.

Who is the auditor of VESTERGAARD NIELSEN A/S?

VESTERGAARD NIELSEN A/S most recently used ADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was VESTERGAARD NIELSEN A/S founded?

VESTERGAARD NIELSEN A/S was founded on 1 July 2008.

What is the equity of VESTERGAARD NIELSEN A/S?

Equity was DKK 4.3m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.