HAUG EL ApS

CVR 32281001 · Private limited company (ApS) · Active · Low risk

HAUG EL ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 17 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 240k and a net result of DKK 38k. CEO: Morten Haug.

Bankruptcy risk for HAUG EL ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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

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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
32281001
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Godthåbsgade 65
5000 Odense C
Municipality
Odense
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
2 (2018)
Auditor
Baker Tilly Denmark
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 17
Missing annual reportNo
Negative equityNo
Equity ratio25.6%
Current ratio137%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.8mDKK 1.8mDKK 2.0m
Net profitDKK 38kDKK -170kDKK 73k
EquityDKK 240kDKK 202kDKK 372k
Total assetsDKK 937kDKK 1.4mDKK 1.3m
Cash–DKK 0–
Short-term debtDKK 658kDKK 1.2m–
Tax owed–DKK 0–
Avg. employees34–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025127
1 Jan 2024 – 31 Dec 2024142
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021153
1 Jan 2020 – 31 Dec 2020119
1 Jan 2019 – 31 Dec 2019168
1 Jan 2018 – 31 Dec 201899
1 Jan 2017 – 31 Dec 2017116
1 Jan 2016 – 31 Dec 2016140
1 Jan 2015 – 31 Dec 2015147
1 Jan 2014 – 31 Dec 2014128
1 Jan 2013 – 31 Dec 2013140
1 Jan 2012 – 31 Dec 2012152
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 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
CEOMorten HaugCurrent
Owner (100%)Morten HaugCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMorten HaugCurrent

Address history (2 moves)

Godthåbsgade 65, 5000 Odense C
Rødegårdsvej 148, 5230 Odense M
Claus Bergs Gade 2, 5000 Odense C

Employees per year

Number of employees at HAUG EL ApS per year232011: 320112012: 220122013: 220132014: 120142015: 120152016: 120162017: 220172018: 22018

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Questions and answers about HAUG EL ApS

Has HAUG EL ApS gone bankrupt?

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

What is the bankruptcy risk of HAUG EL ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of HAUG EL ApS?

Morten Haug is the CEO of HAUG EL ApS.

Who is the auditor of HAUG EL ApS?

HAUG EL ApS most recently used Baker Tilly Denmark.

When was HAUG EL ApS founded?

HAUG EL ApS was founded on 26 June 2009.

What is the equity of HAUG EL ApS?

Equity was DKK 240k 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.