BADELEMENT A/S

CVR 31752469 · Public limited company (A/S) · Active · Medium risk

BADELEMENT A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 17 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 31.6m and a net result of DKK -15.6m. CEO: Henning Aabo Jørgensen.

Bankruptcy risk for BADELEMENT A/S

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · 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×
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×

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
31752469
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
Levysgade 14, st.
8700 Horsens
Municipality
Horsens
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
47 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 17
Missing annual reportNo
Negative equityNo
Equity ratio17.1%
Current ratio77%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address29
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
RevenueDKK 431.6mDKK 298.8m
Gross profitDKK 5.6mDKK -8.0m
Net profitDKK -15.6mDKK -24.9m
EquityDKK 31.6mDKK 45.7m
Total assetsDKK 185.0mDKK 144.2m
CashDKK 332k–
Short-term debtDKK 141.0m–
Avg. employees53–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 202138
1 Jan 2020 – 31 Dec 202036
1 Jan 2019 – 31 Dec 201931
1 Jan 2018 – 31 Dec 201850
1 Jan 2017 – 31 Dec 201753
1 Jan 2016 – 31 Dec 2016128
1 Jan 2015 – 31 Dec 2015141
1 Jan 2014 – 31 Dec 2014178
1 Jan 2013 – 31 Dec 201379
1 Jan 2012 – 31 Dec 201298
1 Jan 2011 – 31 Dec 2011114
1 Jan 2010 – 31 Dec 2010172
9 Sep 2008 – 31 Dec 2009147

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
CEOHenning Aabo JørgensenCurrent
CEOLise Jørgensen
BoardJohan Dein Ladegaard
BoardLise Jørgensen
BoardFinn Nielsen
BoardHenning Aabo Jørgensen
Owner (100%)Baldo Acquisition ApSCurrent
Owner (100%)HØJMARKSVEJ HOLDING ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorNOMOQ PARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderFinn NielsenCurrent

The CEOs' other companies

Henning Aabo Jørgensen – 11 other companies, of which 1 bankrupt

Lise Jørgensen – 7 other companies, of which 1 bankrupt

Address history (1 moves)

Levysgade 14, st., 8700 Horsens
Højagervej 24, 8653 Them

Former names

BADELEMENT A/S – now
BAD ELEMENT A/S –
BAD ELEMENT ApS –

Employees per year

Number of employees at BADELEMENT A/S per year29572011: 520112012: 620122013: 1220132014: 1220142015: 1720152016: 2920162017: 5720172018: 472018

Other companies at the same address

Similar companies in Horsens

Questions and answers about BADELEMENT A/S

Has BADELEMENT A/S gone bankrupt?

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

What is the bankruptcy risk of BADELEMENT A/S?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of BADELEMENT A/S?

Henning Aabo Jørgensen is the CEO of BADELEMENT A/S.

Who is the auditor of BADELEMENT A/S?

BADELEMENT A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was BADELEMENT A/S founded?

BADELEMENT A/S was founded on 9 September 2008.

What is the equity of BADELEMENT A/S?

Equity was DKK 31.6m 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.