KVA DIESEL HOLDING ApS

CVR 32091016 · Private limited company (ApS) · Active · Medium risk

KVA DIESEL HOLDING ApS is a Private limited company (ApS), founded on , based in Skjern. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 16 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 -4.1m and a net result of DKK -2.1m. CEO: Kurt Sand Østergaard.

Bankruptcy risk for KVA DIESEL HOLDING ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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
32091016
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Borrisvej 10
6900 Skjern
Municipality
Ringkøbing-Skjern
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 16
Missing annual reportNo
Negative equityYes
Equity ratio-153.3%
Current ratio15%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -30k–
Net profitDKK -2.1m–
EquityDKK -4.1m–
Total assetsDKK 2.7m–
Short-term debtDKK 6.7m–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022124
1 Jan 2021 – 31 Dec 2021139
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 2019119
1 Jan 2018 – 31 Dec 2018101
1 Jan 2017 – 31 Dec 2017136
1 Jan 2016 – 31 Dec 2016129
1 Jan 2015 – 31 Dec 201583
1 Oct 2013 – 31 Dec 2014149
1 Oct 2012 – 30 Sep 2013128
1 Oct 2011 – 30 Sep 2012144
1 Oct 2010 – 30 Sep 201197
2 Apr 2009 – 30 Sep 2010144

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
CEOKurt Sand ØstergaardCurrent
Owner (100%)Kurt Sand ØstergaardCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorVL REVISION, REGISTRERET REVISIONSAKTIESELSKAB
FounderKurt Sand ØstergaardCurrent

The CEOs' other companies

Kurt Sand Østergaard – 5 other companies, of which 1 bankrupt

Address history (0 moves)

Borrisvej 10, 6900 Skjern

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about KVA DIESEL HOLDING ApS

Has KVA DIESEL HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of KVA DIESEL HOLDING ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of KVA DIESEL HOLDING ApS?

Kurt Sand Østergaard is the CEO of KVA DIESEL HOLDING ApS.

Who is the auditor of KVA DIESEL HOLDING ApS?

KVA DIESEL HOLDING ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was KVA DIESEL HOLDING ApS founded?

KVA DIESEL HOLDING ApS was founded on 2 April 2009.

What is the equity of KVA DIESEL HOLDING ApS?

Equity was DKK -4.1m 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.