HBL INVEST ApS

CVR 32284612 · Private limited company (ApS) · Active · Low risk

HBL INVEST ApS is a Private limited company (ApS), founded on , based in Odense M. The company is registered in the industry investering for egen regning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 16 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 87.1m and a net result of DKK 637k. CEO: Henrik Busch-Larsen.

Bankruptcy risk for HBL INVEST ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% 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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

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×
Equity ratio40%–60% · 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
32284612
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
c/o Henrik Busch-Larsen, Hunderupvej 89
5230 Odense M
Municipality
Odense
Industry
Investering for egen regning (649910)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 218k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 16
Missing annual reportNo
Negative equityNo
Equity ratio52.4%
Current ratio86%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -183kDKK -434kDKK -433k
Net profitDKK 637kDKK 3.2mDKK 3.5m
EquityDKK 87.1mDKK 297.0mDKK 233.4m
Total assetsDKK 166.1mDKK 375.2mDKK 310.1m
CashDKK 11.6mDKK 25.5m–
Short-term debtDKK 79.0mDKK 78.2m–
Tax owedDKK 356kDKK 160k–
Avg. employees21–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025107
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023188 Late
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021166
1 Jan 2020 – 31 Dec 2020158
1 Jan 2019 – 31 Dec 2019248 Late
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017160
1 Jan 2016 – 31 Dec 2016157
1 Jan 2015 – 31 Dec 2015158
1 Jan 2014 – 31 Dec 2014159
1 Jan 2013 – 31 Dec 2013230 Late
1 Jan 2012 – 31 Dec 2012154
1 Jan 2011 – 31 Dec 2011153
3 Jul 2009 – 31 Dec 2010103

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
CEOHenrik Busch-LarsenCurrent
Owner (100%)Henrik Busch-LarsenCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorMJAKP2 I/S
AuditorJKPT ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderHenrik Busch-LarsenCurrent

The CEOs' other companies

Henrik Busch-Larsen – 17 other companies, of which 2 bankrupt

Address history (3 moves)

c/o Henrik Busch-Larsen, Hunderupvej 89, 5230 Odense M
Hunderupvej 89, 5230 Odense M
Langelinie 70, 5230 Odense M
Billedskærervej 8, 5230 Odense M

Former names

HBL INVEST ApS – now
MULTIWAY DIGITAL ApS –

Other companies at the same address

Similar companies in Odense

Questions and answers about HBL INVEST ApS

Has HBL INVEST ApS gone bankrupt?

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

What is the bankruptcy risk of HBL INVEST ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of HBL INVEST ApS?

Henrik Busch-Larsen is the CEO of HBL INVEST ApS.

Who is the auditor of HBL INVEST ApS?

HBL INVEST ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was HBL INVEST ApS founded?

HBL INVEST ApS was founded on 3 July 2009.

What is the equity of HBL INVEST ApS?

Equity was DKK 87.1m 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.