HO BUGT, SAND & GRUS A/S

CVR 32311873 · Public limited company (A/S) · Active · Low risk

HO BUGT, SAND & GRUS A/S is a Public limited company (A/S), founded on , based in Billum. The company is registered in the industry grus- og sandgravning og indvinding af ler og kaolin. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 14 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 526k and a net result of DKK -27k. CEO: Bjarne Nielsen.

Bankruptcy risk for HO BUGT, SAND & GRUS A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
32311873
Status
Active
Company type
Public limited company (A/S)
Founded
(15 years)
Address
Kjelstvej 17
6852 Billum
Municipality
Varde
Industry
Grus- og sandgravning og indvinding af ler og kaolin (081200)
Bankruptcies in the industry: Grus- og sandgravning: indvinding af ler og kaolin
Share capital
DKK 500k
Employees
0 (2013)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 14
Missing annual reportNo
Negative equityNo
Equity ratio63.1%
Current ratio574%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 33kDKK 141k
Net profitDKK -27kDKK 9,241
EquityDKK 526kDKK 553k
Total assetsDKK 834kDKK 820k
CashDKK 524k–
Short-term debtDKK 110k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025138
1 Jul 2023 – 30 Jun 2024183
1 Jul 2022 – 30 Jun 2023181
1 Jul 2021 – 30 Jun 2022182
1 Jul 2020 – 30 Jun 2021153 Restated
1 Jul 2019 – 30 Jun 2020147
1 Jul 2018 – 30 Jun 2019155
1 Jul 2017 – 30 Jun 2018103
1 Jul 2016 – 30 Jun 201761
1 Jul 2015 – 30 Jun 201676
1 Jul 2014 – 30 Jun 201598
1 Jul 2013 – 30 Jun 2014113
1 Jul 2012 – 30 Jun 2013148
9 Feb 2011 – 30 Jun 2012152

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
CEOBjarne NielsenCurrent
BoardBjarne NielsenCurrent
BoardLene Skou NielsenCurrent
BoardPernille Skou NielsenCurrent
BoardJohannes Kjærgaard Nielsen
BoardUlla Kjærgaard Nielsen
BoardSvend Nielsen
Owner (100%)BJARNE NIELSEN HOLDING, KJELST ApSCurrent
AuditorPRV A/S
AuditorEY Godkendt Revisionspartnerselskab
FounderBJARNE NIELSEN HOLDING, KJELST ApSCurrent
FounderJOHANNES NIELSEN HOLDING ApSCurrent

The CEOs' other companies

Bjarne Nielsen – 1 other companies

Address history (0 moves)

Kjelstvej 17, 6852 Billum

Employees per year

Number of employees at HO BUGT, SAND & GRUS A/S per year112011: 120112012: 120122013: 02013

Other companies at the same address

Similar companies in Varde

Questions and answers about HO BUGT, SAND & GRUS A/S

Has HO BUGT, SAND & GRUS A/S gone bankrupt?

No, HO BUGT, SAND & GRUS A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HO BUGT, SAND & GRUS A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of HO BUGT, SAND & GRUS A/S?

Bjarne Nielsen is the CEO of HO BUGT, SAND & GRUS A/S.

When was HO BUGT, SAND & GRUS A/S founded?

HO BUGT, SAND & GRUS A/S was founded on 9 February 2011.

What is the equity of HO BUGT, SAND & GRUS A/S?

Equity was DKK 526k 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.